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Unlock the Power of NetSuite: Download the Buyer's Guide Today
Navigating the diverse landscape of ERP software solutions can be daunting. With the NetSuite Buyer's Guide, you'll gain access to insider knowledge that empowers you to make the best decisions for your company. Get detailed insights into NetSuite's capabilities from operations, financial management, customer relationship management, and more.
Familiar finance problems?
Your disconnected systems rely on manual rekeying of data.
Month-end takes days or weeks to run and consolidate reporting.
There's no live visibility of financial data, and it's slowing down decision-making.
Without the right financial management software, problems stack up over time. Manual workload increases as confidence in the numbers declines.
The ERP financial management solution
An ERP system is more than just financial management software. It's a core business technology. NetSuite cloud ERP consolidates live data from across the business to streamline and automate finance processes.
When implemented by experts, an ERP system enables you to:
- Know your financial position in real-time, all on one dynamic dashboard.
- Close financial periods faster with much less effort.
- Regain a strategic financial focus with less time spent on administrative tasks.
What will a NetSuite ERP solution bring?
Confidence
Have complete confidence in your financial data with one source for real-time, data-driven decisions.
Visibility
See your financial position quickly with NetSuite's live dashboards, KPIs, and report snapshots.
Efficiency
Consistent, streamlined processes across the business cut down manual work and speed up processing.
Cash flow
NetSuite's AR and AP automation, and fintech integration with SuiteBanking, accelerates processing, payments, and receipts to boost cash flow.
Security
NetSuite brings next-gen, secure role-based cloud access with full audit logs. Keep your financial data secure, no matter where your people work.
Cost savings
Save on siloed and single-use applications. NetSuite manages and integrates all core business functions to reduce license and training costs.
Find out more
Talk to an ERP financial management software expert.
Why use NetSuite financial management software?
31,000
customers worldwide
NetSuite was born in the cloud in 1998. The platform is now used by 31K+ customers globally.
1
powerful business platform
Leverage one finance and business management platform to consolidate, streamline, and automate.
NetSuite's stand-out financial features
General ledger
Transform your general ledger into a dynamic business asset. Tailor GL processes to your unique business conditions. NetSuite's general ledger provides greater flexibility, visibility, and richer reporting - all with multinational financial management support.
Stand-out features include:
- Cut down account reconciliation time and effort with custom GL lines and transactions.
- Improve accuracy and save time with unlimited custom GL segments. NetSuite follows double-entry accounting principles and balances across all segment combinations.
- Multi-Book accounting removes duplicate data entry and error-prone manual adjustments when managing unique sets of books per accounting standard.
NetSuite's stand-out financial features
Accounts receivable
Accelerate cash flow and gain unrivalled control with comprehensive AR management features. Shorten the credit-to-cash cycle while automating and streamlining invoice delivery, credit terms and collections management.
Stand-out features include:
- Automatically post order transactions to general and AR ledgers, making billing and accounting more efficient and secure.
- Leverage accurate, automated tax calculation processing on invoices to speed up your receivables processes.
- Give your customers self-service access to live information about purchase orders, inventory and payment information.
NetSuite's stand-out financial features
Accounts payable
Process invoices faster to take advantage of additional discounts while improving supplier and partner relationships. Set customisable payment terms with suppliers to adapt to your business processes.
Stand-out features include:
- Remove manual, error-prone data entry and cut down the time and effort to process vendor bills.
- Automatically calculate discounts based on customisable payment terms.
- Improve reconciliation, streamline accrual processes and gain greater accuracy of financial statements.
NetSuite's stand-out financial features
Tax management
Gain global tax and compliance management while adding automation and transparency. Control your complete organisational tax profile through one streamlined system that generates detailed reports with line-item-level transaction analysis.
Stand-out features include:
- NetSuite supports every known global currency and exchange rate and lets you process taxes in accordance with country-specific laws.
- NetSuite's flexible indirect tax engine automates calculation of Australian GST, Philippines VAT, Canadian HST, German Mwst, and more.
- Manage local taxes across subsidiaries with multiple tax schedules, including GST and VAT, consumption tax, general sales tax, and more.
NetSuite's stand-out financial features
Cash management
NetSuite’s Cash Management gives finance teams the visibility and reporting needed to optimise cash, control bank accounts, manage liquidity and deliver compliance.
Stand-out features include:
- Monitor and forecast cash requirements, perform automated bank reconciliations, securely distribute payments, and automatically generate accounting entries.
- Gain real-time insight into global transactions across bank accounts and credit cards.
- Manage cash across global locations and entities in real-time.
ERP Requirements Planning Tool Kit
Simplify the complex task of selecting the right ERP solution for your business with our comprehensive Requirements Planner. Our expertly designed tool helps you identify, prioritise, and articulate your organisations specific ERP needs, ensuring that you find the perfect fit for your unique requirements.
Manage Your ERP Evaluation Team
Assign roles, track progress, and facilitate effective communication within the team, ensuring seamless collaboration and a well-coordinated evaluation process.
Define Your ERP Module Requirements
Streamline your ERP evaluation by defining and prioritising the vital modules for your organisation's success. Select the ideal ERP solution customised to meet your module requirements and optimise your business operations.
Refine Your ERP Functionality Requirements
Enhance your ERP evaluation process by fine-tuning your functionality requirements with our comprehensive feature list, organised by module. Simplify the task of identifying and prioritising the specific functionalities your business needs to streamline operations.
Create Your ERP Evaluation and Implementation Timeline With Your Target Milestones
Effortlessly outline your ERP evaluation and implementation journey with our customisable timeline feature. Set target milestones and track progress as you navigate through the process. Our intuitive tool empowers you to plan and visualise key stages, ensuring a structured and successful ERP evaluation and implementation within your desired timeframe.
Get a Visual Representation of Your ERP Project Implementation Progress
Gain a clear and visual representation of your ERP project implementation progress with our dynamic tracking feature. Our tool provides intuitive charts and graphs that showcase key milestones, tasks, and their completion status. Stay informed, monitor progress, and ensure a smooth and successful implementation of your ERP solution.
Partner with an
award-winning NetSuite solution provider
Since 2009, the DWR team have helped NetSuite customers amplify success. DWR is the winner of the NetSuite Highest Growth Partner 2019 award.
Our expertise has created ERP implementation success stories across various industries, including wholesale distribution, manufacturing, banking and finance, professional services, and more.
Implementing NetSuite and partnering with DWR has completely transformed our business - they have helped us move to the next level. The level of customisation it enables has allowed us to craft a dedicated solution that is a perfect fit for what we do.
Aaron Mitchell
Director, BajaRack Australia
Having Salesforce implemented and having Salesforce working are two completely different things. DWR and Michael were fantastic in working collaboratively, listening to our challenges and devising solutions that work for us, were implemented quickly and efficiently.
Tim Hansen
Chief Operating Officer, Buchanan Group
I was extremely happy with the implementation process, particularly running through processes online with the support team at DWR. I’m pleased to recommend DWR as an implementation and support partner. They were quick to understand our requirements and worked with us to establish sound processes that have made us much more productive.
Kylie Mills-Coleman
Operations Manager, Fertile Mind
Thanks so much to the team at DWR for managing such a smooth NetSuite implementation for our business. The "SuiteSuccess" process really works. NetSuite is already delivering the ROI you said it would. I have no hesitation in recommending your services to anyone that needs new business suite software.
Shaan Beatty
Managing Director, Calibre Steel
DWR came highly recommended and we are very happy we made the decision to partner with them. They really are subject matter experts when it comes to NetSuite implementation, configuration and performance.
Rebecca Day
Chief Financial Officer, Employment Innovations
Value Adders has been running ERP evaluations for many years across a range of industries and software. In Australia, my go to partner for NetSuite is DWR. They have never let down any one of my clients.
Matt Paff
Principal, Value Adders
Book your live ERP demo
and start amplifying your success
DWR delivers the tools to amplify success; by bringing the right technology, process framework, and team of business experts together.
We're an award-winning NetSuite ERP partner based in Sydney and Melbourne.
Talk to a business technology expert about your challenges, needs, and business growth goals.
