NetSuite financial management only for CFOs?
With Cloudmaven, you can control your financial data in a role-based and efficient manner thanks to NetSuite Financial Management. Finance departments retain control over the progress of financial statements, compliance status and financial performance at all times.
Understanding numbers.
Steering the future.
Real-time financial data
Central control of financial processes
Automated accounting tasks
Seamless integration into other business areas with eUnify
Advantages of NetSuite Financial Management
Scalable financial governance
Organizational structures, charts of accounts and guidelines can be consistently mapped and expanded in a controlled manner.
Integrated compliance and internal controls
NetSuite supports adherence to relevant accounting and compliance requirements through role-based access rights, approval workflows and documented process steps.
Transparent reporting down to transaction level
All financial data is documented in a comprehensible and audit-proof manner at all times.
Audit-proof financial statements Standardized processes, system-supported controls and complete audit trails create transparency for internal and external audits.
Reduction of manual risks in the financial area
Automation and standardization of central financial processes reduces dependency on manual intervention and Excel-based control mechanisms.
Real-time overview
Role-based dashboards provide up-to-date key figures on the financial situation and the progress of financial statements at all times.
Real-time overview of your financial performance
Accelerate financial transactions thanks to NetSuite
We seamlessly connect your relevant systems
NetSuite offers flexible integration options to existing systems such as SAP, Microsoft Dynamics, HubSpot, Workday, Perk as well as to banks, payment providers and specialized finance tools.
Accelerate your growth with NetSuite
Oracle NetSuite is a fully cloud-based ERP system and impresses worldwide with its high level of user-friendliness and comprehensive integration and customization options. Thanks to its functional breadth and depth as well as its high flexibility, the NetSuite standard software can be used universally across industries and countries.
Companies that already rely on our portfolio
FAQs
The use of spreadsheets and redundant data collection is no longer necessary. Automated processes and standardized data models increase accuracy and reduce operational risks.
A central, consistent database provides transaction, financial and operational data in real time. Information silos are broken down and data communication is made possible. Decisions can be made based on facts.
Financial data can be consolidated seamlessly across multiple companies. Central transparency and control capability are retained – regardless of regional peculiarities or legal framework conditions. This means that companies can also be managed supra-regionally in NetSuite.
Yes, NetSuite applies accounting rules and schedules consistently – for example for revenue recognition, depreciation, amortization and prepaid and accrued expenses. Compliance is ensured by the system, not checked manually.
Let our experts advise you without obligation
Let us create an individual offer for you
Cloudmaven & NetSuite
As a NetSuite partner, Cloudmaven supports companies with the introduction, adaptation and further development of the platform. Our focus is on stable governance, clear processes and a system architecture that reliably supports international management, compliance and reporting requirements. The goal is a solution that delivers measurable added value and ensures a sustainable return on investment.
Our certified consultants and technical experts will support you throughout the entire project. They work with you and your team to find viable solutions and implement them in a structured manner. You benefit from constant contact partners who understand your business model, your processes and your goals.
At Cloudmaven, you receive all services from a single source. Whether licensing, implementation, localization or the integration of other systems. You benefit from our many years of experience and in-depth expertise in the implementation of complex ERP and cloud projects.
Our services
Netsuite Licensing
Change management
NetSuite Implementation & SuiteSuccess
Localization and global expansion
Support
Customer Testimonials
Svenja Frankenberger
Head of Accounting, Qualifyze
Revenue recognition used to take an employee five working days.
With NetSuite, it is now 100% automated.
Richard Gausch
CFO, TEVEO GmbH
Cloudmaven supports us on our growth path. Teveo was launched in 2019 by two founders and has since grown to over 100 dedicated team members, with sales increasing from zero to over 50 million euros. We are delighted to be advised by Cloudmaven AG with their ERP and financial expertise.
Martin Hoffmann
CFO and Co-CEO, ON
This tool is so valuable to us that its benefits can hardly be expressed in figures. It saves an enormous amount of time and energy and, in financial terms, represents precisely the freedom we want to give our employees in their day-to-day work.
Jan Christopher Stahl
CEO, TEVEO GmbH
We chose Cloudmaven AG because their reliable end-to-end solutions enable us to develop our company securely, precisely and scalably.
Central functions at a glance
Accounting
Organizational structures, charts of accounts and guidelines can be consistently mapped and expanded in a controlled manner.
General Ledger
The NetSuite General Ledger offers high flexibility and complete transparency. Account structures, transactions and reporting segments can be precisely adapted to company-specific requirements.
Accounts receivable accounting
NetSuite automates invoicing, incoming payments and receivables management. The cash-to-collect cycle is shortened, liquidity is improved and administrative work is reduced.
Accounts payable
Automated accounts payable processes increase efficiency and control. Approval and checking workflows ensure compliance with internal guidelines, reduce fraud risks and enable the targeted use of cash discounts.
Account reconciliation
NetSuite automates the reconciliation of all relevant accounts – including bank and credit card accounts, accounts payable and receivable, accruals, fixed assets and intercompany transactions.
Tax administration
NetSuite supports the administration of national and international taxes in a standardized solution. VAT, sales tax, excise duties and other types of tax can be mapped consistently across multiple companies.
Asset management
With NetSuite, companies manage the entire life cycle of assets, from acquisition to disposal. Depreciation, valuations and postings are automated.
Payment management
NetSuite supports invoicing, recurring payments, online and point-of-sale payments in one integrated solution.
Financial close management
NetSuite accelerates monthly, quarterly and annual financial statements by automating key tasks such as journal entries, account reconciliations, variance analysis and intercompany transactions.
Let our experts advise you without obligation
Let us create an individual offer for you
Discover the NetSuite modules
Financial Management
The NetSuite Finance module forms the financial backbone of the ERP software for your company. It covers all central tasks, from accounting and reporting to compliance with international regulatory requirements.
Financial data is available in real time and creates full transparency about the company’s economic situation. This allows financial statements to be prepared more quickly, risks to be identified at an early stage and well-founded decisions to be made with confidence.
Global Business Management with OneWorld
NetSuite offers a central platform for managing international business structures. Companies manage locations and companies across national borders in one system.
This also includes international tax, currency and regulatory requirements.
Global processes are standardized and local peculiarities can still be clearly mapped. This allows companies to maintain control and an overview at all times, even in complex, international structures.
Subscription Management with SuiteBilling
NetSuite allows you to manage recurring invoices and revenues efficiently and transparently. Subscriptions, billing and revenue recognition are mapped automatically and in compliance with regulations. This allows you to keep track of contract terms, sales and financial obligations at all times.
