Month: August 2020

Scenario Planning and Forecasting. A Must in the Current Landscape. Here’s How NetSuite Can Help.

As most financial and leadership teams will attest, forecasting under normal circumstances can be cumbersome and challenging, and in today’s current environment, it might seem even impossible. But as the economy reopens, it’s crucial for businesses to build out scenarios based on their current state and assume a wide range of outcomes, accounting for sales, …

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Multi-Subsidiary Accounting Can Be Easy

Managing the typical close process is rarely easy—data is stored in multiple systems and formats, hours are spent tracking down missing information and spreadsheet calculations must be entered into the accounting system manually. For organisations with multiple subsidiaries or independent business units, however, closing the books is even more challenging, especially if they operate in …

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