THE FUTURE OF FINANCE IS IN THE CFO’s HANDS

Today, the close is no longer a monthly happening. It happens every day.

Thanks to the continuous close, the finance department is always in “close mode.” NetSuite helps CFOs continuously close with a unified platform. For example, NetSuite automates revenue forecasting, allocation, recognition, reclassification and auditing through the rule-based event handling framework. Whether a company conducts sales transactions that consist of products or services, or both, and whether these transactions occur at a single point in time or across different milestones, NetSuite’s revenue recognition functionality automates the scheduling, calculation and presentation of revenue on the financial statements accurately and in an automated fashion expediting the monthly close process.