Global growth is always an exciting time for any organisation, but it also offer many challenges to the way you do the 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 | NETSUITE SOLUTION |
| Handling local taxes across subsidiaries | An integrated tax engine allows for multiple tax schedules – for everything from GST to VAT, consumption tax to general sales tax |
| Keeping up with the latest exchange rates | Automatically updates exchange rates and records historical rates |
| Struggling with managing assets across subsidiaries | Manages reporting, reconciliation, and auditing across local and global subsidiaries, with tight internal controls |
| Scaling your business according to your unique needs and industry niche | 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 |
