Deploy End-to-end Budgeting and Forecasting in One Place with NetSuite Financial Planning
Increasingly competitive market forces compel organization to streamline and efficiently manage their financial planning to ensure that the growth objectives and goals of the organization align with the financial requirements. However, improving cash flow and reducing costs while enhancing profitability and financial accuracy requires comprehensive Financial Planning capabilities.
NetSuite Financial Planning: Integrated Budgeting, Planning and Forecasting
Inspirria, a leading Netsuite Financial Planning solutions provider, offers end-to-end implementation services and support to cater to the dynamic growth requirements of organizations. NetSuite Financial Planning is a cloud-based planning application that automates budgeting, forecasting, reporting, and analysis. Suited for organizations of any size, the solution is an effective alternative to spreadsheets and expensive on-premise software. NetSuite Financial Planning combines a proven financial modeling engine with powerful, flexible features and an easy-to-use interface with drag-and-drop functionality. Automating their planning process – from budgeting, monitoring and reporting on variances, analyzing options, to reforecasting has helped companies to improve execution and decision making while driving competitive advantage.
Figure 1: NetSuite Financial Planning features
Our powerful Netsuite Financial Planning provides comprehensive capabilities to help you accelerate your growth. Key benefits include:
- Reduce cycle time and cost: The solution helps to automatically consolidate data and integrate with other systems along with fully integrated financial statements and driver-based financial models, reducing budgeting and forecasting cycle times by up to 90%.
- Agile decision making: Make fact-based decisions with a centralized application automatically integrating both plan data and actual data from the GL and other systems.
- Ease of use: The drag-and-drop report builder enables key stakeholders with a powerful yet easy-to-use web-based reporting tool
- Align the management team: The solution provides the management team with an easy-to-use platform that encourages seamless participation and collaboration. Improved business agility with “What-if” scenarios whilst using a business management software suite that helps you change business direction
- Spend less time consolidating data and more time analyzing information and providing insight to your executive and management teams: enhancing the strategic value of the finance function