In a world of fierce competition, businesses need a clear view of their financial situation in order to remain competitive. NetSuite, a market leading cloud accounting software, gives companies the ability to plan, revamp, and optimize their financial operations.
In this blog, we’ll spotlight why fast growing companies should embrace NetSuite accounting solutions to accelerate growth.
First, NetSuite Financials is an all-in-one cloud-based financial management solution that offers real-time financial visibility and control. Comprehensive reporting functionality, enhanced audit trails and support for multinational financial management enables companies to make better business decisions, improve cash flow, and increase profitability.
By automating every aspect of invoice delivery, credit terms and collections management, NetSuite reduces manual errors, saves time, and improves productivity.
Second, NetSuite is highly customizable. It allows companies to tailor the system to their specific business needs. This ensures that the system can grow and evolve as the company does, without the need for costly hardware.
Third, NetSuite integrates seamlessly with other NetSuite applications, such as CRM and SuiteCommerce, as well as third-party systems, such as Shopify and Salesforce. This enables companies to have a single, unified view of their entire business, which can improve efficiency and collaboration across departments.
Fourth, NetSuite Financials is accessible from anywhere, at any time, via the cloud. This allows companies to have real-time access to financial data and enables remote teams to collaborate more effectively.
Fifth, NetSuite Financials is highly secure, which is critical for companies that handle sensitive financial data. NetSuite Financials is SOC 2 Type II certified and PCI DSS compliant, which means that it meets the highest security standards.
Sixth, NetSuite is designed to meet all of your payment processing needs. It means, you can use different options for payment processing including credit and debit card, electronic payment, recurring and installment billing, split and partial payment transactions.
Seventh, NetSuite offers a real-time view of the company’s money flows and cash position. Your finance team may use NetSuite to gain the visibility and reporting they need to manage bank accounts, optimize cash flow, maintain compliance, and manage liquidity.
In conclusion, NetSuite is a powerful, all-in-one financial management solution. With its real-time financial visibility and control, NetSuite allows fast-growing companies to accelerate growth. By adopting NetSuite Financials, companies can streamline financial processes, improve decision-making, and increase profitability. At AGSuite, we can help you with NetSuite implementation, customization, integration, and support. Feel free to contact us.
