Oracle NetSuite OneWorld
NetSuite OneWorld offers the ability to expand your NetSuite environment into new countries and markets, offering instant scalability. With NetSuite OneWorld, businesses can operate in multiple countries with a single instance of NetSuite. NetSuite can also be integrated with leading FX platforms including Reuters and Morningstar, giving you oversight of the impacts of live currency fluctuations.
Industry Leading Multi-Entity Management Functionality
Who is Oracle NetSuite?
NetSuite was founded in 1998 and is headquartered in San Mateo, California. The company has more than 4,000 employees and serves over 30,000 customers in more than 100 countries.
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In 2016, NetSuite was acquired by Oracle Corporation, further strengthening its position to remain the #1 Cloud ERP chosen by more companies than any other platform.
Top 5 NetSuite OneWorld Features
Global accounting
The Global Accounting feature in NetSuite's OneWorld module helps you to manage your finances across multiple countries. With NetSuite's Global Accounting tools, you can create and manage financial statements, consolidate your data, and track your financial performance.
Multi-currency
The Multi-currency feature in NetSuite's OneWorld module helps you to manage transactions in multiple currencies. With NetSuite's Multi-currency tools, you can create and manage currency exchange rates, convert currencies, and track your financial performance.
Multi-language
The Multi-language feature in NetSuite's OneWorld module helps you to manage transactions in multiple languages. With NetSuite's Multi-language tools, you can create and manage translations, convert currencies, and track your financial performance.
Localization
The Localization feature in NetSuite's OneWorld module helps you to manage your business in multiple countries. With NetSuite's Localization tools, you can create and manage subsidiary records, customize your user interface, and track your business performance.
Global tax compliance
The Tax compliance feature in NetSuite's OneWorld module helps you to meet your tax obligations in multiple countries. With NetSuite's Tax compliance tools, you can create and manage tax rules, file tax returns, and track your tax liability across multiple jurisdictions.
Business Impacts of Implementing NetSuite Enterprise Resource Planning (ERP)
NetSuite OneWorld gives businesses the ability to expand their NetSuite environment into new countries and markets, offering instant scalability. With NetSuite OneWorld, businesses can operate in multiple countries with a single instance of NetSuite.
OneWorld's multi-subsidiary functionality allows complex businesses to get an umbrella view of their subsidiaries and groups of companies and consolidate reporting at the head office level.
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Business benefits of Implementing OneWorld include:
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The ability to expand your business into new countries and markets
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Improved efficiencies from having a single instance of NetSuiteI
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Increased visibility into subsidiary performance
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Improved compliance with local tax regulations
Grow Your Business With NetSuite and CEBA Solutions
CEBA Solutions is a NetSuite Solution Provider with over 15 years of experience helping businesses to implement and optimize NetSuite. We offer a range of services to help businesses get the most out of their NetSuite investment, including implementation, customization, training, and support. Contact us today to learn more about how we can help you grow your business with NetSuite OneWorld.