A Challenge Guide
HOW CAN YOU MANAGE THE GLOBAL GROWTH OF YOUR BUSINESS? challenges to the way you do business, from handling taxes to legal requirements. But with an integrated cloud software platform like NetSuite, you can turn these challenges into opportunities, helping you to consolidate business information and gain visibility at a regional and global level.
CHALLENGE
Handling local taxes across subsidiaries Keeping up with the latest exchange rates Struggling with managing assets across subsidiaries Scaling your business according to your unique needsand industry niche
NETSUITE’S SOLUTION
An integrated tax engine allows for multiple tax schedules - for everything from GST to VAT, consumption tax to general sales tax
Automatically updates exchange rates and records historical rates
Manages reporting, reconciliation, and auditing across local and global subsidiaries, with tight internal controls
Easily customisable and scalable, adapting to your specific business model
Trying to gain an overview of your entire business
Real-time, comprehensive view of all of your business operations - in one place
Planning your cash flow and recognising revenues
Integration incorporates support for flexible financial planning
Tying up resources and costs
Low Total Cost of Ownership and low maintenance
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A Challenge Guide
"We were looking for an agile platform that enables us to handle the complexity of global multi-channel commerce and we were impressed by the capabilities of NetSuite." W I L L I A M S SO N O M A
"NetSuite OneWorld has allowed us to grow. It’s very easy to expand into new countries and set up new subsidiaries, and we have much better visibility into the business."
P R O P E R T Y GURU
“NetSuite OneWorld has the multicompany capabilities and Web-based nature that make it ideal for our business requirements.” VIRGIN MONEY AUSTRALIA
"NetSuite is an evolutionary step thathelps Springfree think more globally. We can deliver relevant and seamless omnichannel experiences to customersin every country." SPRINGFREE TRAMPOLINES
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