By automating planning cycles—setting budgets, monitoring performance and variances to optimize and re-forecast accordingly—businesses can dramatically improve operational efficiencies, business performance and decision-making. Yet, many still wrestle with multiple versions of spreadsheets, complex consolidation of data, and broken links.
NetSuite’s Financial Planning solution automates and centralizes budgets, actuals, forecasts and calculations to ensure integrity—from summary to detail. NetSuite Financial Planning accommodates all types of modelling, from budgeting expenses, to creating financial statements and revenue forecasts, across all industries and business sizes. And, NetSuite’s financial planning solution provides flexible, “what-if” financial modelling capabilities to help companies manage change, model outcomes and course correct at the speed of their business. Plan, budget and forecast with confidence.
Develop multiple plan alternatives and compare them to each other and to actuals to drive optimal business performance with confidence.
Understand the impact of any change quickly with what-if scenarios.
NetSuite Financial Planning’s drag-and-drop report builder puts powerful, yet easy-to-use, web-based reporting into the hands of finance and business managers.
Save time with automated currency exchange calculations and robust currency reporting capabilities.
Collect inputs and assumptions, review iterations and present consolidated results in a timely manner.
Compare and analyse actual versus projected results regularly to refine forecasts.
Centralize your budget with forecast and actual information in one place, providing a single version of the truth.
Drill across budget, forecast and actuals to see the impact on business performance.