Financials
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In the complex and competitive software industry, financial systems must be flexible enough to accommodate diverse business models, as well as powerful enough to handle growth. Moreover, key financial processes, such as invoicing customers with complex billing schedules; managing payroll; forecasting deferred revenue and running reports need to be fully automated. Only then can companies eliminate inefficient manual routing, reduce errors, and streamline the entire flow of their financial transactions.
However, few software packages bring all these elements together in one application, leaving companies to manage disparate financial applications, or worse, integrate the applications themselves—a costly and time-consuming proposition.
NetSuite's financial and revenue management software is among the first to bring sophisticated financial tools to the software industry, enabling companies to manage their ever-growing financial complexity. As a fully integrated application, NetSuite manages all your key financial transactions at every step of the way—from the initial signing of the contract to the moment an invoice is issued. As a result, you can free up your employees for more critical revenue-generating tasks and increase your overall efficiency. Moreover, NetSuite aggregates and reconciles all your financial data, so that you always have a complete audit trail.
NetSuite's financial and revenue management software offers the following capabilities:
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