Has your company considered making an acquisition in the past? Are you considering opening up an additional business unit or legal entity in a foreign country? With all of the potential opportunities in the current environment, global expansion may become more realistic or even a necessity for your business. If so, the #1 cloud ERP system on the market, NetSuite, has the solution for you.
Introducing NetSuite OneWorld...
OneWorld users have the capability to execute global business operations in every country and currency in which they transact throughout the world. OneWorld Financials allows for global businesses to adjust for currency, language, taxation and even legal compliance differences at the local level, then roll-up the adjustments into regional and/or headquarter business units during consolidation. This global consolidation feature, including a multi-language UI, presents a seamless experience while executing true inter-company operations, in a secure, compliant, accurate and fully automated process.
As seen below, OneWorld supports over 190 countries and exchange rates, as well as 27 different languages. This allows businesses to manage a complete range of global compliance, regulation and reporting standards.
OneWorld delivers a cloud-based, unified global business solution for businesses that manage multinational and multi-subsidiary operations which can be accessed by users from anywhere in the world. Standard business processes can be deployed across all subsidiaries. This streamlines your operations, while providing real-time visibility at the all reporting levels and ensuring world-wide compliance regulations.
If you think that OneWorld might be the solution for your global expansion initiatives, or would just like to receive additional information, please click here to contact one of our NetSuite consultants.