What is ESG Reporting? ESG reporting refers to the disclosure of a company’s practices and performance in three key areas: Environmental, Social, and Governance (ESG). It involves providing transparent, standardized information about a company’s impact on the environment, how it manages social issues like employee well-being and community engagement, and the structure and ethics of […]
Effective revenue planning is crucial for financial stability and growth. Oracle NetSuite Planning & Budgeting (NSPB) simplifies this process, providing a collaborative, AI-powered approach to forecasting and decision-making. This article summarizes the key features of revenue planning showcased in our latest demo. Key Capabilities of NSPB Revenue Planning ✅ Integrated Planning with ERP DataNetSuite’s revenue […]
Enterprise Performance Management (EPM) is transforming financial decision-making, yet many organizations struggle with implementation. In a recent webinar, Gary Cokins, a renowned EPM expert, explored the barriers preventing companies from adopting advanced performance management techniques, the role of AI in finance, and how to start implementing EPM successfully. The Key Barriers to EPM Implementation Despite […]
Managing finances in a nonprofit organization is already challenging, and unexpected system issues can make it even harder. One leading humanitarian global organization using NetSuite Planning and Budgeting (NSPB) struggled with availability problems that disrupted their financial workflows. Thanks to EPM for NetSuite Nordics‘ ITIL® Service Desk, they not only resolved their urgent issues but […]
Implementing NetSuite Enterprise Performance Management (EPM) can significantly enhance your financial planning and budgeting processes. However, as with any digital transformation, there are potential pitfalls. At EPM for NetSuite Nordics, we’ve identified the top 10 derailers that can hinder a successful NetSuite EPM implementation. 1. Lack of Experience with NetSuite ERP Your NetSuite ERP serves […]
NSPB Financials simplifies FP&A in NetSuite with robust capabilities.
What is NetSuite Accounting Reconciliation or NSAR? NetSuite Accounting Reconciliation (NSAR) is a key component of the NetSuite Performance Management (EPM) suite, introduced to streamline and automate essential financial processes. According to its official datasheet, NSAR “automates general ledger account reconciliations, including bank reconciliations, credit card matching, intercompany transactions, accounts receivables and payables, and invoice-to-PO […]
ESG is transforming from a “nice-to-have” to a must-have, so learn how NetSuite users can be prepared.
Over the past several years, NetSuite has been adding a series of enterprise-grade applications from Oracle to the Suite. NetSuite 2024 Release 1 brings these technologies together under NetSuite’s new What is NetSuite EPM (EPM) offering. NetSuite EPM connects planning, budgeting, forecasting, account reconciliation, financial close, and reporting processes from across the organization. Built on […]
Financial Planning & Analysis (FP&A) is a critical component for the success of midsize companies and Netsuite Planning & Budgeting (NSPB) Financials offers the best price/performance platform to implement it if you are already a NetSuite ERP user. In an increasingly competitive market, these organizations must leverage every tool available to maintain and grow their […]
