Numbers, numbers everywhere, not a drop to analyze. Considering most financial departments still rely on spreadsheets for their data reports, it makes sense.
Spreadsheets have, and will continue to be (at least for the foreseeable future), a staple tool for budgeting and planning. However, it doesn’t mean businesses can’t upgrade their core software to simplify financial reporting.
NetSuite ERP is a financial software that consolidates the vital data of a company’s core processes. Its capacity to automate and integrate to a multitude of third-party applications has made it a leading Cloud enterprise resource planning (ERP) tool for the financial industry.
Its capabilities extend well beyond that of the traditional financial tool with access to a system that includes: accounting software, financial management, global business management, inventory management, order management, supply chain management, and warehouse management.
These components are essential when it comes to managing a company, but when it comes to profitability and financial performance, the financial management aspect is where accountants, CFO’s, and controllers will be particularly interested.