Oracle NetSuite Financial Management

Deploy End-to-end Budgeting and Forecasting in One Place with NetSuite Financial Planning

Increasingly competitive market forces compel organization to streamline and efficiently manage their financial planning to ensure that the growth objectives and goals of the organization align with the financial requirements. However, improving cash flow and reducing costs while enhancing profitability and financial accuracy requires comprehensive Financial Planning capabilities.

What is NetSuite Financial Management?

NetSuite Financial Management is a module to automate complex financial processes in your business. You can easily produce budgets and forecasts, model what-if scenarios and generate reports. It helps daily financial transactions, reduce budgeting and forecasting cycle times, ensure compliance and accelerate the financial closures.

NetSuite Financial Planning: Integrated Budgeting, Planning and Forecasting

Inspirria, a leading Netsuite Financial Planning solutions provider, offers end-to-end implementation services and support to cater to the dynamic growth requirements of organizations. NetSuite Financial Planning is a cloud-based planning application that automates budgeting, forecasting, reporting, and analysis. Suited for organizations of any size, the solution is an effective alternative to spreadsheets and expensive on-premise software. NetSuite Financial Planning combines a proven financial modeling engine with powerful, flexible features and an easy-to-use interface with drag-and-drop functionality. Automating their planning process - from budgeting, monitoring and reporting on variances, analyzing options, to reforecasting has helped companies to improve execution and decision making while driving a competitive advantage.

NetSuite Financial Planning infographic

Figure 1: NetSuite Financial Planning features

Solution Benefits

Our powerful Netsuite Financial Planning provides comprehensive capabilities to help you accelerate your growth. Key benefits include:

  • Reduce cycle time and cost: The solution helps to automatically consolidate data and integrate with other systems along with fully integrated financial statements and driver-based financial models, reducing budgeting and forecasting cycle times by up to 90%.
  • Agile decision making: Make fact-based decisions with a centralized application automatically integrating both plan data and actual data from the GL and other systems.
  • Ease of use: The drag-and-drop report builder enables key stakeholders with a powerful yet easy-to-use web-based reporting tool
  • Align the management team: The solution provides the management team with an easy-to-use platform that encourages seamless participation and collaboration. Improved business agility with “What-if” scenarios whilst using a business management software suite that helps you change business direction
  • Spend less time consolidating data and more time analyzing information and providing insight to your executive and management teams: enhancing the strategic value of the finance function

What Sets Inspirria Apart

With more than 10 years of experience in cloud technologies and over 700 clients around the world, we have collaborated with innumerable global companies across industry verticals. Inspirria’s rich industry experience, coupled with its cloud-based strategic service offerings, has helped businesses drive operational excellence and improve ROI. Through our data-driven strategic cloud assessments, companies are able to gain better business value. Inspirria Cloudtech has a range of Built for Oracle NetSuite SuiteApps offering comprehensive automated solutions for Payroll Management, Rental Business, Service Management, Leave Management System and Indian Taxation Bundle, driving superior outcomes. Inspirria Cloudtech also provides tailored solutions for Property Management, E-invoicing regulations in Saudi Arabia, and Oracle NetSuite in the Arabic language on Oracle NetSuite Platform.