NetSuite Consulting Services

Organizations today demand financial management solutions that are flexible enough to accommodate dynamically changing business needs. NetSuite ERP enables organizations to manage IT costs, optimize accounting efficiency, streamline order management and procurement processes, eliminate manually-intensive spreadsheet-based reporting, and improve employee productivity.

Withum provides a full suite of NetSuite consulting services to organizations of various sizes. We’re an authorized NetSuite reseller, and our years of experience and deep expertise in ERP consulting have allowed us to successfully deploy hundreds of integrations and implementations. 

• Reduced IT costs by 50% or more
• Accelerated financial close rates by 20% – 50%
• Reduced order-to-cash cycles by 50%+

• Reduced audit preparation time by 50%
• Reduced invoicing costs by 25%-75% promotional efforts
• Reduced days sales outstanding (DSO) by 10%-20%

NetSuite Solution Highlights

At Withum, our NetSuite consulting services cover all the components of NetSuite ERP solutions, including:

Financial Close Management

NetSuite ERP helps organizations streamline the period close process with capabilities to manage period-end activities, and to detect and respond to problems before they escalate or occur. NetSuite ERP optimizes the financial close by delivering:

• Period locking to prevent incorrect postings to future periods.
• Period close checklist of tasks to be completed sequentially.
• Financial adjustments for intercompany transactions, foreign currency revaluation and inventory.

• End-to-end visibility into your receivables and payables with integrated Order-to-Cash (i.e. sales order, invoicing, collection) and Procure-to-Pay (i.e. requisition, purchase order, billing) transaction management.

• Inventory fulfillment and costing from factory-to-store with supply chain management capabilities.

• Complete fixed asset lifecycle tracking and reporting from acquisition to depreciation to retirement.

• Automatic revenue recognition in accordance with accounting standards using flexible scheduling and sophisticated allocations.

• Full-service payroll processing, including support for time tracking, incentive compensation and expense reimbursement.

• Integrated budgeting and forecasting tools to manage financial projections against actuals.

Real-Time Reporting and Analytics Anywhere

Any business user can create meaningful reports with easy-to-use tools, monitor the latest results as part of everyday activities, and identify root causes of problems and take corrective action. NetSuite delivers real-time information with:

• Personalized dashboards to monitor the KPIs important to any role, from the executive to staff.
• Pre-built accounting reports and an easy-to-use report builder for customizing ad-hoc reports.
• Consolidated financial reporting for multiple subsidiaries and currencies.
• Access to information on-the-go with a mobile device.