NETSUITE ONEWORLD

NETSUITE ONEWORLD

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NetSuite OneWorld helps multinational companies, to streamline multi-subsidiary operations and provides real-time visibility at the local, regional and headquarter levels. With NetSuite OneWorld, companies can develop standard business processes and deploy them across their divisions and subsidiaries at the click of a button, ensuring compliance of standard processes worldwide.

Manage Multiple Subsidiaries, Business Units and Legal Entities

NetSuite OneWorld gives corporate and divisions a clear view into every level of business performance, from summary to detail, through comprehensive financial and operational role-based dashboards and realtime reports.

Run a Complete ERP System in the Cloud

NetSuite OneWorld’s cloud delivery enables global businesses to run both corporate and subsidiary operations without costly on-premise IT infrastructure and resources, cutting costs and enabling companies to efficiently extend standardized ERP to every corner of the business.

Global Accounting and Consolidation

NetSuite OneWorld is built around robust financial reporting capabilities that enable an organization to understand what is happening across the global business in real-time. In addition, NetSuite OneWorld provides a multilanguage
user-interface that helps bridge communication barriers and provides a flexible hierarchy that allows businesses to run their entire entity structure with ease. OneWorld is designed to provide an instant global view of the business with subsidiary specific drill-down allowing you to quickly understand what is going on anywhere in the world.

Comprehensive Multi-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. With NetSuite OneWorld, you are able to manage a complete range of international tax structures and restate currencies and consolidate financial reporting
across business units.

Audit and Compliance Reporting

NetSuite OneWorld has been built to support both global standard and country-specific requirements. The always-on audit trail, builtin analytics, access logs and workflow, and the ability to drill down to the underlying transaction detail ensured that you’ll always get supporting documentation. Further, roles in user permissions management in business workflow capabilities allow you to configure the system behaviors to support your own process requirements to help you meet the needs of local compliance obligations.

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 also provides a built-in tax engine that is configurable to your specific business needs.

Consolidate Operations and Gain Real-Time Financial Visibility

NetSuite OneWorld accelerates financial processes with multi-currency consolidation and real-time roll-up across accounts receivable, accounts payable, payroll, inventory, billing, invoicing and order fulfillment, from local incountry operations to the regional offices to global headquarters.

NetSuite OneWorld addresses the complex multinational and multi-company needs of organizations. It enables businesses to adjust for currency, taxation and legal compliance differences at the local level, with regional
and global business consolidation and roll-up.

Business leaders get unprecedented visibility of their business worldwide in real-time, ensuring consistent, compliant management across the organization, locally and globally. In addition to providing global accounting/ERP solution, NetSuite OneWorld offers global Customer Relationship Management (CRM), ecommerce and Professional Services Automation (PSA) solutions, enabling multinational businesses to align operations across finance, marketing, commerce, sales and service.