Budgeting using spreadsheets typically results in less collaboration, more inefficiency and is error prone. Excel is a powerful personal productivity tool, however, it lacks the collaborative capabilities necessary to develop the accurate and comprehensive budgets required by executive management, the board or lenders. NetSuite Planning and Budgeting provides an easy-to-use budgeting solution that automatically uses your NetSuite financial data from NetSuite. It reduces budget cycle time, eliminates calculation errors and generates integrated financial statements. Time spent on data entry and formulas maintenance can be allocated to strategic financial analysis activities that have a greater impact. 

Key Benefits  

  • Gain greater control and visibility over your budgets.

  • Reduce your budgeting cycle times by up to 71% while producing more accurate projections.

  • Increase collaboration with business stakeholders and drive better decision-making.

  • Streamline data collection and free up time from low value-added work.

  • Automated currency exchange calculations and robust currency reporting capabilities.

  • Pre-built sync with NetSuite financials increases data integrity by eliminating the need to transfer data manually