Key Capabilities
- Enhanced Decision-Making.AI helps boost the analysis of financial and operational data from across the business to connect budgeting, forecasting, and reporting processes
- Automate Financial Close. Simplify account reconciliation and financial close with automated processes
- Increase Operational Efficiency. Eliminate time spent manually gathering, reconciling, verifying, and analyzing the company’s finances
NetSuite Enterprise Performance Management (EPM) is comprised of a set of solutions that connect planning, budgeting, forecasting, account reconciliation, financial close, and reporting processes, to help increase business visibility, enhance decision-making, and drive growth. With AI-driven automation and predictive insights, finance teams can shift their focus from routine tasks to high-impact analysis and strategy.
Planning and Budgeting
Automate planning and budgeting with an AI-powered solution that enables faster forecasting, smarter decisions, and seamless collaboration.
Account Reconciliation
Streamline GL and balance sheet reconciliations with automated data matching from multiple sources.
Improve accuracy and speed across the financial close process. Standardize workflows and reduce manual effort for accounting teams. Manage the entire close process centrally with greater visibility and control.
Narrative Reporting
Combine financial statements, charts, data, and text into a single, unified report. Use AI-powered narratives and visuals to quickly explain financial insights. Simplify report creation for management and board-level reporting.
Close Management and Consolidation
Manage the entire consolidation and close process from end to end. Ensure consolidation with full currency support, eliminations, and adjustments. Maintain detailed data source tracking for transparency and control.
Leverage AI-driven insights to identify issues and accelerate the close process.
Profitability and Cost Management Reporting
Gain insights into the profitability of customers, products, and business segments. Understand true costs and profit with greater clarity. Identify what drives value and what does not. Make informed decisions on strategy and resource allocation.
Corporate Tax Reporting
Simplify the tax reporting processes, aligning tax with corporate financial reporting for better visibility and compliance. Use financial data from the NetSuite general ledger to ensure your tax calculations are based on the most up-to-date information, resulting in improved accuracy and speed.
