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ERP Guide

NetSuite OneWorld

Global Business Management in the Cloud

NetSuite OneWorld

NetSuite OneWorld delivers a real-time, unified global business management platform for enterprises that manages multinational and multi-subsidiary operations. NetSuite OneWorld helps global businesses improve operational efficiency by delivering real-time visibility and consolidation and providing the flexibility to customize the solution for specific corporate and subsidiary needs.

GVO + NetSuite OneWorld

goVirtualOffice (GVO) is a team of 45+ former CFOs, CPAs, controllers, and business managers now dedicated to helping organizations like yours become more productive, efficient, and profitable. We’re committed to providing exceptional customer service tailored to you.

Key Benefits of NetSuite OneWorld

Streamlined & efficient operations

NetSuite offers a single, fully integrated solution tailored to match your exact business requirements. With NetSuite, gone are the days of multiple software systems, countless spreadsheets, and redundant data entry.

enhanced productivity & reduced costs

NetSuite empowers employees to make quicker (and better) decisions, enhancing their productivity and output. At the same time, NetSuite reduces costs by automating manual tasks and helping businesses save money on staffing.

more timely business & customer insights

With NetSuite, you can easily create custom reports on the fly and view business KPIs in real time on your own dashboard. The days of waiting for someone else to deliver your month-end reports are over.

cloud-based & mobile-optimized

A cloud-based solution, NetSuite takes the place of various software and hardware applications, giving you space to focus on your business — and not just your business tools. NetSuite’s cloud advantage also allows you to easily extend your business to other locations or trusted partners. Plus, you can easily access NetSuite from your phone or tablet.

Imrpoved profitability & fast roi

Cloud-based ERP, CRM, and Accounting systems regularly provide measurable financial benefits within the first year after implementation. In many cases, these benefits are evident within the first nine months of use.

integrated systems & automated processes

Organizations that rely on disparate, siloed systems and/or manual, dated processes face inefficiencies that hinder growth. NetSuite’s integration and automation of software results in enhanced efficiency, improved visibility, and accelerated growth — not to mention significant time and cost savings.

Explore NetSuite OneWorld Features

Global Accounting & Consolidation

NetSuite OneWorld provides a seamless experience for operations and financials by bringing down subsidiary restrictions. OneWorld provides the ability for businesses to execute on true intercompany business in a configurable, secure, fully automated, accurate, compliant, real-time process across intercompany transactions and reconciliations and a lot more.

ACCOUNTING HUB

NetSuite’s accounting hub functionality can handle specific transactions within a business entity or in cases where a company has other subsidiaries that are not using NetSuite. Information can be imported directly via CSV assigning information either at the transaction level or account level to the general ledger so that it can be consolidated as part of the business entity’s overall financial statements.

COMPREHENSIVE CURRENCY MANAGEMENT

NetSuite multi-currency management supports 190+ currencies and exchange rates (enabling you to do business with both customers and vendors globally) as well as a wide variety of payment options. It provides real-time currency conversion and financial consolidation for all your global operations.

AUDIT AND COMPLIANCE REPORTING

NetSuite OneWorld has been built to support both global standard and country-specific requirements. The always-on audit trail, built-in analytics, access logs and workflow, and the ability to drill down to the underlying transaction detail ensures that you’ll always get supporting documentation. Access to NetSuite is based on users, roles and permissions.

CONFIGURABLE TAX ENGINE

Recognizing the critical need for businesses to meet local indirect tax obligations wherever they do business, NetSuite OneWorld supports 100+ countries for taxes and reporting. NetSuite SuiteTax provides a scalable and flexible tax determination, calculation and reporting engine with a goal to support any tax rule, anywhere in the world.

Comprehensive Language Management

Translated in over 20 languages including Chinese, Japanese, French, German and many more, NetSuite OneWorld enables each employee to select his or her language of choice.

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1025 Quinn Dr #100
Waunakee, WI 53597
888-773-2123
info@goVirtualOffice.com

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