NetSuite Financial Management

Speed, control, compliance, and real-time insights. That’s what modern finance teams need—and exactly what NetSuite Finance delivers.

Where traditional systems slow down due to manual processes, error-prone workflows, and lack of visibility, NetSuite provides an integrated, future-proof foundation. A single cloud platform designed to automate financial processes, accelerate insights, and support strategic decision-making.

NetSuite’s accounting capabilities help financial managers design and streamline their financial operations. It seamlessly links core credit and accounting functions with robust compliance management, improving business performance and significantly increasing the efficiency of processes like month-end close while reducing back-office costs. With real-time access to financial data, you can analyze details, resolve bottlenecks quickly, and generate statements and disclosures that comply with multiple financial regulations such as ASC 606, GAAP, SOX, and others.

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What is NetSuite ERP?

NetSuite is a cloud-based ERP platform that fully integrates finance, operations, CRM, and commerce. For finance teams, this means one version of the truth, real-time insight, and an unprecedented level of scalability and control. NetSuite’s financial modules are designed to not only streamline daily accounting processes, but also strengthen strategic management and compliance.


Finance & Accounting for Modern Organizations

Close faster with confidence and deliver financial reports more quickly and accurately.

NetSuite ERP and accounting software help finance teams design and streamline financial operations. It connects core credit and accounting functionalities with strong compliance management, boosting performance and dramatically increasing the efficiency of month-end closing while lowering back-office costs. Real-time access to financial data allows for rapid issue resolution and the generation of statements that meet compliance standards like ASC 606, GAAP, SOX, and more.


Includes functionality for:

  • General Ledger (GL) – Centralized ledger with real-time consolidation
  • Accounts Payable – Efficient management of invoices and payments
  • Planning & Budgeting – Flexible financial management and recurring revenue
  • SuiteBilling – Subscription management and recurring revenue
  • Fixed Asset Management – Complete asset lifecycle tracking
  • Tax Management (SuiteTax) – Automated tax calculation and reporting
  • Cash Management – Real-time visibility into cash flows
  • Payments (SuitePayments) – Secure and automated payment processing.

Alle voordelen van Financieel Beheer met NetSuite


General Ledger (GL) – The Dynamic Foundation of Your Financial Management



NetSuite offers an advanced General Ledger with unlimited books and automated multi-book transaction processing, ensuring faster, error-free reconciliations, period closes, and audits that comply with GAAP and IFRS.



Accounts Receivable (ARM) – Accelerate Your Cash Flow


The Accounts Receivable module automates the entire credit-to-cash cycle, including invoicing, payments, and tax handling. Self-service portals and real-time aging reports help optimize cash flow, reduce DSO, and improve working capital.


SuiteBilling – Flexible Invoicing for Modern Revenue Models


Supports subscription services, usage-based billing, and project billing. Automated revenue recognition and contract management ensure accuracy, timeliness, and compliance, minimizing revenue leakage and enabling predictable cash flows.

Planning & Budgeting – Confident Forecasting

Fully integrated with real-time financial data, this module allows finance teams to model what-if scenarios, revise budgets, and update forecasts dynamically. CFOs and controllers gain faster, more accurate insights into cash flow, profitability, and investments.


Fixed Asset Management – From Acquisition to Depreciation

Manage the entire asset lifecycle with built-in support for all depreciation methods, ensuring compliance and real-time visibility of asset value, costs, and maintenance.


Tax Management (SuiteTax) – Global Compliance Made Easy

Automates tax calculations and reporting across 50+ countries, including VAT, GST, and intracommunity transactions. SuiteTax ensures seamless compliance while minimizing administrative burdens.

Cash Management – Global Cash Position in Real Time

Provides centralized oversight of all bank accounts, transactions, and cash flows worldwide. Treasury teams can forecast, reconcile, and allocate funds instantly, enabling strategic cash management.

Payments (SuitePayments) – Unified, Secure Payment Processing

Supports credit cards, ACH, electronic transfers, recurring payments, and split transactions. Out-of-the-box compliance with authentication and encryption standards ensures safe and streamlined payment flows.

NetSuite Financiële reporting explained

Advanced planning and budgetting in NetSuite?

Marcel van Es accountmanager netsuite

Marcel van Es

Comercieel Manager

Knowledge Center