The accounting and finance functions of organisations are constantly evolving, with CFOs needing to adapt to new tax regulations and advancements in technology. If finance managers don’t keep up with technology, then they risk falling behind. NetSuite Finance can provide many efficiencies for managing accounts, billing, recognising revenue streams, planning, reporting as well as maintaining governance risk and compliance.
Here are some of the benefits of NetSuite Finance for organisations:
- Have real-time data visibility
NetSuite Finance can give CFOs and other senior managers access to organisation-wide information, anytime, anywhere. This kind of information can be crucial when trying to gain investment, when making strategic decisions as well as keeping other stakeholders happy. With Netsuite Finance you can easily adjust who has access to what information, to make sure everyone has access to the data they need.
- Have all you information in one place
Using the cloud for storing all your financial information means that information is not duplicated, different departments will have visibility to data they might not know you had, and it reduces the risk of data silos.
- Improve your forecasting
With Netsuite cloud, you can improve your financial forecasting. You can use all your data to better predict future events and plan for all eventualities. NetSuite Finance allows you to schedule, calculate and present revenue on your financial statements accurately. You can also report much more quickly and efficiently with integrated planning, budgeting, and forecasting software.
Want to know how we can help you streamline your financials? Contact our friendly team today.