NetSuite financial management provides comprehensive accounting functionality that accelerates
your financial close, provides strong invoicing and expense management, streamlines order and
revenue management, and delivers complete real-time visibility and reporting to manage the
financials of the business.

• Provides more than 100 standard reports, including income statements, balance sheets, consolidated reports, variance reports and side-by-side comparisons—or easily create and define financial reports according to the needs of your business
• Flexible general ledger, accounts receivable and accounts payable; supports an unlimited number of general ledger accounts, sub-accounts and segments
• Automated allocations, currency management tools and period locking simplify the period-end close process
• Always-on audit trail provides total background into every transaction, such as the author and time of each entry
• Fixed asset management enables maintenance and control of the complete asset lifecycle across depreciating or non-depreciating assets, from creation to depreciation, revaluation and disposal
• Accommodates different accounting and business practices across countries and supports local reporting and taxation requirements
• Full multi-currency accounting support for offices in other countries, or when conducting business with foreign companies

End-to-End Order-to-Cash Management

NetSuite fast-tracks your order-to-cash process—from quote to order to invoice—in a single
integrated process that reduces manual effort, eliminates errors and accelerates order management.

• Converts quotes into approved sales orders and routes them to the finance team for invoicing and revenue recognition
• Integrates order fulfillment with inventory management and suppliers, improving efficiency at every step
• Incorporates pricing and discounting rules automatically into the quote process
• Automates revenue recognition by recognizing rules on how sales orders will be billed and fulfilled
• Reduces fulfillment errors by electronically routing orders to suppliers for drop shipping
• Provides real-time visibility into the entire order management process showing orders, trends and order-conversion
• Automates invoice creation by calculating sales tax, finance charges and discounts based on payment terms
• Provides flexibility to bill in advance or arrears, and prorate partial months
• Eliminates data re-entry by easily accepting payments from a wide array of payment vehicles
• Self-service capabilities enable customers to manage their own billing plans, payment options and information

NetSuite Automates the Complete Order Management Process

Sophisticated Procurement, Inventory and Fulfillment Management

NetSuite procurement, inventory and fulfillment management offers a complete set of capabilities that provide integrated supply chain management, while NetSuite’s purchasing and vendor management capabilities reduce spending on goods and services, streamline procure-to-pay processes and ensure compliance with corporate policies.

• Allows employees to create and track purchase requisitions and orders through a self-service
  Employee Center that eliminates paper-based forms and associated errors
• Enforces strong purchase order approval processes with automatic approval routing and digital approvals
• Provides real-time, detailed visibility into key spend, inventory and supply chain management metrics
• Multiple location inventory management enables easily managing which warehouse location will
  receive or fulfill an order
• Provides comprehensive inventory costing methods including LIFO, FIFO, and average and standard costing
• Integrated demand planning forecasts required inventory levels based on historical data, sales
  forecasts, average trends and seasonal fluctuations
• Integrated Vendor Center provides vendors with self-service access to purchase orders, accounts
  payable data and other key information
• Ease of integration enables drop-ship business models
• Packaged shipping integration with carriers such as UPS, FedEx and USPS

End-to-End Procurement Management

Easy-to-Use Employee Management

NetSuite provides an end-to-end solution for employee management that offers comprehensive time
tracking, incentive compensation, expense reporting and payroll tools, all built into a self-service
portal that any employee can access 24x7.

• Complete manager and employee self-service with an online Employee Center to enter and track
  timesheets, expense reports, purchase orders and more
• Content management centralizes corporate policies and benefits information
• Commissions management automates calculation, speeds commission plan roll-out and
  automates commission reporting
• NetSuite Premier Payroll provides full-service payroll processing and back-office integration

Professional Services Management

NetSuite streamlines the complete professional services lifecycle—from marketing to project management, service delivery, billing, revenue management and driving repeat business from existing clients. NetSuite provides built-in services management, or integrates with the NetSuite OpenAir best-of-breed professional services automation (PSA) solution to achieve complete services resource planning (SRP).

NetSuite Drives the Complete Services Lifecycle

Sales, Marketing and Service Automation

NetSuite automates your entire marketing process across channels, allowing you to better align campaigns and programs with your sales effort. Sales force automation drives your business performance with a totally seamless sales process from opportunity, upsell and quote management to sales forecasting, order management, fulfillment and even sales commissions. Call center management assigns, tracks and escalates cases for faster, more efficient customer service. NetSuite’s 360-degree customer view gives marketing, sales and service a complete perspective on the customer.

• Enables creation, execution and tracking of campaigns in real time to maximize the value of leads and opportunities
• Delivers e-mail marketing—from creation to execution to measurement—in one system
• Enables sales and partners to manage opportunities across status, potential revenue, key contacts, notes, related documents and more
• Provides real-time quote management by incorporating pricing, sales tax and discounting rules automatically into the sales quote
• Supports sophisticated sales commission plans based on quotas, sales, quantity, profitability and other criteria
• Case management automates processes associated with customer support case assignment, management and escalation
• Mobile support, such as NetSuite for iPhone, provides salespeople with on-the-go access tocalendars, contacts, opportunities and KPIs such as achieved versus quota, actual versus sales forecasts, commissions and more

 Ecommerce

NetSuite makes it possible to deliver an “Amazon.com-like” experience and to better manage and grow the entire business with a fully PCI-compliant and integrated ecommerce system.

• Website hosting enables deployment of database-driven sites that are always in sync with the rest
  of the business
• Accepts real-time payments from different credit cards and international currencies, and supports
  Google Checkout or PayPal checkout options
• Supports creation of coupons or discounts on specific items, enables exempting other items from
  discounts, and automatically delivers upsell recommendations
• Streamlines order management by transferring orders automatically to accounts receivables and
  warehouse departments
• Ecommerce analytics provides search engine analysis, website analytics and reporting, online
  marketing analytics and more