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

NetSuite solutions run in the cloud – which gives them the advantage of being both flexible and scalable. Through NetSuite, both business processes and information sharing become streamlined and integrated into a single system – increasing efficiency, productivity and client satisfaction. As a NetSuite solution provider, organizations can purchase NetSuite licenses directly from Withum while taking advantage of our NetSuite consulting services.

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.

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• 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.

Some of the features of NetSuite OneWorld include:

• Accounting & Consolidation
• Multi-Currency Management
• Audit & Compliance Reporting
• Tax Engine Configuration

The SuiteCommerce platform is a multi-tenant SaaS ecommerce solution that enables merchants to deliver unique and engaging online experiences. Enjoy a rich set of features, easily manage and maintain your site, and enhance it with a selection of extensions. As with all NetSuite commerce products, SuiteCommerce unifies ecommerce with your core operational business systems – providing a single view of customer, orders, inventory and other critical business data, enabling real-time understanding of your business and powering personal and relevant omnichannel experiences.

Some of the features of NetSuite SuiteCommerce include:

NetSuite Services Resource Planning (SRP)

NetSuite SRP is the all-inclusive software solution for a service-based business. It combines Customer Relationship Management (CRM), Professional Services Automation (PSA), and ERP functionality into a single system that supports what NetSuite calls the “bid-to-bill lifecycle”. Using their multi-functioning platform, you can complete projects faster, utilize resources better, forecast more accurately, and increase overall productivity with any time, anywhere access.

Our NetSuite Consulting Services cover:

• Seamless NetSuite migration/integration without impacting day to day business.
• NetSuite customization to ensure that your ERP system meets your unique business needs.
• NetSuite Optimization covering modern-day practices towards running a company in a digital marketplace.
•  A successful user adoption and training experience for NetSuite ERP to ensure you get the most out of your investment and start realizing the expected TOI and avoid going negative on the ROI

Areas We Can Help: