NetSuite for Accounting & Financial Services

Manage general ledger, streamline tax procedures, and gain clear insights into cash flow and financial performance.

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At Folio3, we have been serving the industry for around 20 years. Our clients are our major referrals because of the quality service we provide. We have 50+ Chartered Certified Accountants and 10+ solution architects who understand the financial and technical problems of the accounting & finance industry. Whether you need to scale quickly or need a custom NetSuite solution to manage your operations, we’ve got you covered.

NetSuite for Accounting & Financial Services: Simplify Workflows, Improve Financial Accuracy

NetSuite cloud accounting software makes it easy to record transactions, manage payables and receivables, collect taxes, and close the books. It also gives you real-time access to financial data, quickly resolves issues, and generates statements and disclosures to meet various regulatory compliance requirements like ASC 606, GAAP, SOX, and more. 

With NetSuite, you have greater control over your financial assets and can generate accurate reports whenever needed. Folio3 has extensive experience in working with startups, SMEs, and enterprises to deliver NetSuite implementations, customizations, and integration services, thereby enabling them to scale with ease and not get slowed down by the bottlenecks caused when your business is scaling.

NetSuite Features for Accounting & Financial Services

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Financial Management

Gain full financial visibility with cloud-based real-time insights, automated processes, and secure payment handling.

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Budgeting and Forecasting

Streamline planning with dynamic "what-if" scenarios, rolling forecasts, and centralized data for accurate financial projections.

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Customer Relationship Management

Gain a 360-degree customer view to enhance engagement, streamline interactions, and increase sales and service productivity.

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Revenue Management

Automate revenue recognition, billing, and renewals while maintaining compliance with accounting standards.

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Human Capital Management

Manage the complete employee lifecycle, from recruitment to payroll, with tools that improve HR efficiency and compliance.

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Procurement

Optimize spend management with automated procure-to-pay processes, real-time spending insights, and policy compliance.

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Business Intelligence

Leverage real-time reporting and analytics to provide actionable insights, ensuring transparency and informed decision-making.

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Global Business Management

Simplify multinational operations with tools for currency adjustments, tax compliance, and unified global reporting.

Ready to elevate your business with NetSuite Accounting?

NetSuite Add-on Modules for Accounting & Financial Services Firms

Accounting & Financial Services firms often face challenges in managing complex financial processes, meeting compliance standards, and maintaining strong client relationships. NetSuite modules are additional features that can be added to the NetSuite ERP system to tackle these challenges. Folio3 helps accounting and financial firms integrate these modules, making it easier to streamline operations, improve reporting accuracy, and enhance client management.

Financial Management

Provides comprehensive tools for managing financial operations, including accounting, billing, revenue recognition, budgeting, and financial reporting.

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Secure Payment
Revenue Recognition
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Customer Satisfaction
Customer Interaction
Customer Retention

Customer Relationship Management (CRM)

Helps firms manage client relationships by tracking interactions, automating marketing, managing sales pipelines, and integrating customer data with financial processes.

Business Intelligence

Offers advanced data storage and analytics tools to provide actionable insights, streamline decision-making, and improve business performance across financial operations.

Actionable Insights
Decision Making
Business Performance
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Trusted & Loved By Customers

Folio3 showcased exceptional teamwork, organizational skills, and a clear understanding of NetSuite, providing valuable solutions tailored to our specific needs at Tropic. Their prompt responses and effective communication were crucial during critical project phases, reflecting their strong commitment to success.
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Nema Amavasee
Cost & Management Accountant - Tropic Skincare Ltd

NetSuite ERP Support & Customization

If your accounting and finance company needs ERP implementation, integration with existing applications, or ERP customization, our NetSuite-certified consultants are here to help you. Your accounting and finance company can have a comprehensive, personalized, and industry-specific solution for all its needs and pain points.

NetSuite ERP Support & Customization

We offer post-deployment NetSuite managed services, including module implementations, workflow customizations, and bug fixes. Our specialized team provides personalized NetSuite support for any industry.

Connect Your ERP Systems with Other Platforms

Integrate NetSuite with the platforms your accounting or financial firm uses and keep your clients happy with an integrated CRM. Easily manage contracts, billing, and renewals. Link your email system for better organization and communication.

NetSuite ERP Timeline & Pricing

We offer an accelerated NetSuite ERP implementation process with functional support from certified Chartered Accountants. In most cases, we achieved go-live in less than 70 days. However, the typical timeline is around 3 months. Complex integrations take around 6 to 8 months.

NetSuite ERP pricing includes an annual license fee. The implementation cost varies depending on the project’s complexity. If you’re interested in getting a quote specifically for your business needs, please contact our consultants.

Frequently Asked Questions

Why is NetSuite considered the best ERP accounting software?

Because it offers extensive tools for managing every facet of accounting, interacts easily with other business processes, and gives real-time financial information to support decision-making for firms, NetSuite is regarded as the best ERP accounting software.

Finance teams gain from NetSuite Accounting Software’s automation of repetitive operations, reduction of human errors, and real-time access to financial data, all of which enable teams concentrate on key initiatives and increase overall productivity.

Features including general ledger, accounts payable, accounts receivable, tax administration, fixed asset management, and financial reporting are available with Netsuite cloud accounting software.

Yes, NetSuite is a cloud-based accounting software. This means that data security and backups are guaranteed, and the program is hosted online and accessible from any location, offering users flexibility.

The cost of the NetSuite accounting software varies according to the functionality you need and the particular requirements of your business. Speak with our specialists for more information and a customized price.

With more than 300 NetSuite resources, 80+ pre-built integrations, and two decades of experience, Folio3 guarantees a successful and simple NetSuite connection along with exceptional support from our team of professionals.

Are you ready to get started?

Folio3 Your Top Choice:

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Let's discuss your NetSuite needs

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