InnoVergent is a 12-year Oracle | NetSuite Solution Consultant

Oracle | NetSuite, the first true-cloud ERP

Flexible Financial Management Solutions to Accommodate Your Dynamically Changing Business Needs

InnoVergent is proud to be a NetSuite solution consultant. Oracle | NetSuite enables organizations to manage IT costs, optimize accounting efficiency, streamline order management and procurement processes, eliminate manually-intensive spreadsheet-based reporting and improve productivity. Oracle | NetSuite is the complete ERP you need to run your business.

Data Sheet:

Complete ERP to Run Your Business

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With more than 40,000 organizations using the Oracle | NetSuite Solution, here are some of the benefits these companies are experiencing:

  • Reduced IT costs by 50% or more
  • Accelerated financial close by 20%-50%
  • Cut order-to-cash cycle by 50%+
  • Reduced audit preparation time by 50%
  • Reduced invoicing costs by 25%-75% promotional efforts
  • Reduced days sales outstanding (DSO) by 10%-20%

Key benefits and highlights of the Oracle | NetSuite software solution from InnoVergent include:

Comprehensive Accounting and Finance – Get improved financial operations efficiency and productivity with a single, integrated system to handle all core processes for users anywhere in the world.

  • Standard general ledger functionality
  • Flexible workflow tools to customize processes
  • Multi-currency support
  • End-to-end visibility into your receivables and payables
  • Complete fixed asset lifecycle tracking and reporting
  • Automatic revenue recognition in accordance with accounting standards
  • Full-service payroll processing

Timely Financial Close – Reduce time and resources spent investigating and resolving errors by centralizing management of all period-end close activities.

  • Detect and respond to problems before they escalate or occur
  • Period locking to prevent incorrect postings to future periods
  • Period close task checklist to be completed sequentially
  • Financial adjustments for intercompany transactions, foreign currency revaluation and inventory

Ongoing Compliance – Ensure revenue recognition, tax requirements and financial reporting is in accordance with various accounting standards and government regulations.

  • Produce financial reporting in accordance with GAAP, IFRS and multiple other accounting standards using multi-book accounting capabilities
  • Pre-built tax filing and reporting tools that are country-specific
  • Customizable roles with permissions that support segregation of duties
  • Audit trail visibility into detailed transaction history, reports and saved searches

Real-time Reporting and Analytics Anywhere – See consolidated financial results for any part of the business at a summary level and all the way down to the underlying transactional details.

  • Personalized dashboards to monitor the KPIs important to any role
  • Pre-built accounting reports and an easy-to-use report builder for customizing ad-hoc reports
  • Consolidated financial reporting for multiple subsidiaries and currencies
  • Access to information on-the-go with a mobile device

Data Sheet:

Complete ERP to Run Your Business

Download PDF