Description
NetSuite OneWorld enables multi-company business management in real-time. NetSuite OneWorld is an optional module of NetSuite that manages the financial consolidation required of separate companies with multiple charts of account, multi-entity marketing and customer support, the management of disparate sales teams and selling partners, and ability for rolled-up multi-company reporting and business intelligence requirements in real-time.
One System for Multi-Company Business Management
NetSuite OneWorld enables multi-company business management in real-time. NetSuite OneWorld
is an optional module of NetSuite that manages the financial consolidation required of separate
companies with multiple charts of account, multi-entity marketing and customer support, the
management of disparate sales teams and selling partners, and ability for rolled-up multi-company
reporting and business intelligence requirements in real-time. OneWorld allows drill-down to all levels
in the underlying businesses —to the item level, the customer, record or to an individual transaction.
Only with NetSuite OneWorld can you see consolidated information across all your companies AND
the very specific data you are interested in within each.
Real-time Management for Multi-Company Businesses
Unlike other products that only allow you to see consolidation only at the level of general ledgers,
NetSuite OneWorld provides complete visibility into all areas of each business. NetSuite OneWorld
supports regions, subsidiaries, and separate legal entities with the same parent company with
sophisticated accounting/ERP, sales, marketing, support and ecommerce in real time. It provides
the ability to manage multiple companies (legal entities), with potentially different currencies,
taxation rules, and reporting requirements, within a single NetSuite account.
NetSuite OneWorld is the first software application to automate all the financial aspects of selling,
such as quotas, forecasts, sales, returns, commissions, and rollbacks and, combined with all other
accounting activity, successfully consolidate multiple charts of account —allowing you real-time
visibility and the ability to close your books at the period’s end more quickly —even with different
currencies and taxation rules.
It is designed for:
• Discrete companies with hierarchical reporting structure to a parent corporation
• Companies that cross borders
• Companies with multiple subsidiaries
• Complex environments that include some or all of these
Real-Time Financial Consolidation
NetSuite OneWorld provides corporate headquarters or a parent company with real-time roll-up of
costs, revenue, and commissions for all the companies under its jurisdiction. You can populate a
single chart of accounts across subsidiaries or companies, or use separate charts of account for each.
And NetSuite One allows posting between companies through intercompany allocations or journals
when needed.
NetSuite OneWorld automatically calculates the Cumulative Translation Adjustment (CTA) that results
from using different consolidation rates such as average for P&L transactions and month-end or
historical for balance sheet transactions. The consolidation rate type used is set at the account level.
OneWorld users can go back to any historical period and see all of the detail related to CTA and
consolidation entries.
Data Sheet
The NetSuite OneWorld Advantage:
For Accounting:
• Easily consolidate financial data across
companies
• Significantly reduce time to close
• Local entity and inter-entity reporting
• US and International tax support in a single
account
• Drill-down to transactions within each
company
For Compliance:
• Supports tight internal controls and
easy-to-follow audit trails
• Fully compliant and auditable close processes
For Sales Management:
• 360° view of your multi-company customers
• Centralized CRM for multi-company sales
organizations
• Multi-currency sales management
• Separate company support and visibility for
quotas and forecasts
• Calculation and visibility of commissions
across entities
• Global team selling across subsidiaries
• Multi-company management of:
- Billing and invoicing
- Quotas
- Forecasts
- Commissions
- Leads
- Sales
- Payroll
• Cross-company PRM
• Multi-company campaign management
For Support and Service:
• Cross-company support and service oversight
• Multi-channel support across regions
• Cross-company visibility to cases and issues
• Automated case routing to the closest
support center
• Ability to track customer satisfaction in each
company
NetSuite OneWorld Data Sheet | 1
Find out more: contact NetSuite, Inc. at 1-877 NETSUITE or visit www.netsuite.com
R0408
NetSuite OneWorld
Close Your Books Faster —Across Different Companies
NetSuite OneWorld helps you close your books faster —with greater
accuracy. It supports cross-company management of accounts receiv-
able, accounts payable, payroll, billing, invoicing, etc., as well as all the
financial aspects of the sales process, including quota management,
forecasting, quotes and orders, order management, commissions,
and sales themselves —with drill-down capabilities into the actual
transaction details of the disparate companies. NetSuite OneWorld
allows you to complete a daily virtual close across multiple entities.
And if your business needs require it, NetSuite OneWorld supports
multi-currency, multi-language management of all financial areas,
and multi-currency consolidation in real-time, retaining historical rates
of currency —providing a faster, accurate close across borders.
NetSuite One for Multi-Company Business Intelligence
NetSuite OneWorld provides multiple levels of consolidated reporting
and enterprise-wide Key Performance Indicators (KPIs), displayable in
real-time on dashboards. You can create KPIs to track the metrics in
each individual company or across multiple companies —and see the
results in real-time on your dashboard.
Managing Multi-Company Sales Channels
NetSuite OneWorld provides sales force and partner management
automation for multi-company customer and sales team relationship
management. Global sales organizations can work in teams with
colleagues in other countries and with their distributed partner
channel. NetSuite Team Selling enables easy tracking of multiple
sales participants on customer records and sales transactions. It also
allows commission calculation and payment across the sales teams.
NetSuite OneWorld provides sales executives with real-time roll up at
country, region, or area level, giving them the ability to measure the
accuracy of their global sales and trend forecasts over time against
quotas and actual revenues. Global decision support capabilities allow
all levels of sales management enhanced decision-making through
the ability to measure forecast accuracy by a sales representative or
manager, and by the ability to analyze forecasts by class of business,
sales department, or location and compare to actual performance.
Sales Key Performance Indicators (KPIs), reports, and relevant graphs
and charts automatically populate the sales management dashboard
for accurate, real-time information.
Supporting a Multi-Company Partner Channel
NetSuite OneWorld supports separate legal entities with partner
relationship management (PRM) that allows selling partners to
place orders that support local taxation conventions and be paid
commissions in their currency, while headquarters can retain
management visibility in the corporate currency.
Extending Marketing Scope across Companies
NetSuite OneWorld allows marketing teams to execute campaigns for
each separate company and then measure the effectiveness of each
campaign by the targeted company. This provides the ability to create
marketing as a shared service and provides marketing professionals
with the intelligence required to determine which campaign activities
are best suited by company. When leads are created from marketing
campaigns, OneWorld can automate the routing of those leads
between companies.
Multi-Currency Management and Forecasting
NetSuite OneWorld supports multi-currency and multi-currency
forecasting for businesses that have a company that requires currency
other than dollars. It provides Finance Departments the required
ability to maintain all currency exchange rates —both the local
currency conversion rate and the rates used to determine roll-up into
corporate currency —at the time an order is placed, or the commission
payout is made, to ensure accuracy of historical sales data. NetSuite
OneWorld provides automated currency rate refreshes as rates change
worldwide. You can elect to “auto update” on each selected currency
record, override rates if needed, or disable the service for a given
currency if desired. Over 170 currencies are supported.
Multi-currency forecast roll-up is supported within and across multi-
national sales entities, allowing an individual sales representative to
manage orders and forecast against quota in local currency, while
providing management visibility rolled up in the currency for the region
or headquarters —ensuring consistent global order, forecast, and
commission management.
The Business Value of NetSuite OneWorld
NetSuite’s OneWorld provides one integrated system for all global
operations, combined with its support of 12 languages and 170
currencies, eases the efforts of selling in a given country, while
providing the roll-up required for global visibility. NetSuite provides
businesses with one system to successfully manage their global
or multi-company sales and tie together direct and partner selling,
support management, and long-term customer satisfaction for the
international customer.
The ability to consolidate multiple charts of accounts creates a power-
ful advantage to enterprises with multiple separate business entities
and global businesses with multiple distributed locations worldwide.
NetSuite’s sophisticated Web-based accounting software provides
global and multi-entity financial reporting, analysis, and consolidation
in a single, highly scalable on-demand business management solution.
The SaaS Advantage
NetSuite OneWorld provides you with the security, performance, and
economical advantages of Software-as-a-Service, and the business
process and decision support advantages of a single integrated suite of
state-of-the-art business management solutions. NetSuite OneWorld
provides anytime, anywhere access for authorized users to all your
separate businesses
Data Sheet
Find out more: contact NetSuite, Inc. at 1-877 NETSUITE or visit www.netsuite.com
NetSuite OneWorld Data Sheet | 2 R0408
doc_962643370.pdf
NetSuite OneWorld enables multi-company business management in real-time. NetSuite OneWorld is an optional module of NetSuite that manages the financial consolidation required of separate companies with multiple charts of account, multi-entity marketing and customer support, the management of disparate sales teams and selling partners, and ability for rolled-up multi-company reporting and business intelligence requirements in real-time.
One System for Multi-Company Business Management
NetSuite OneWorld enables multi-company business management in real-time. NetSuite OneWorld
is an optional module of NetSuite that manages the financial consolidation required of separate
companies with multiple charts of account, multi-entity marketing and customer support, the
management of disparate sales teams and selling partners, and ability for rolled-up multi-company
reporting and business intelligence requirements in real-time. OneWorld allows drill-down to all levels
in the underlying businesses —to the item level, the customer, record or to an individual transaction.
Only with NetSuite OneWorld can you see consolidated information across all your companies AND
the very specific data you are interested in within each.
Real-time Management for Multi-Company Businesses
Unlike other products that only allow you to see consolidation only at the level of general ledgers,
NetSuite OneWorld provides complete visibility into all areas of each business. NetSuite OneWorld
supports regions, subsidiaries, and separate legal entities with the same parent company with
sophisticated accounting/ERP, sales, marketing, support and ecommerce in real time. It provides
the ability to manage multiple companies (legal entities), with potentially different currencies,
taxation rules, and reporting requirements, within a single NetSuite account.
NetSuite OneWorld is the first software application to automate all the financial aspects of selling,
such as quotas, forecasts, sales, returns, commissions, and rollbacks and, combined with all other
accounting activity, successfully consolidate multiple charts of account —allowing you real-time
visibility and the ability to close your books at the period’s end more quickly —even with different
currencies and taxation rules.
It is designed for:
• Discrete companies with hierarchical reporting structure to a parent corporation
• Companies that cross borders
• Companies with multiple subsidiaries
• Complex environments that include some or all of these
Real-Time Financial Consolidation
NetSuite OneWorld provides corporate headquarters or a parent company with real-time roll-up of
costs, revenue, and commissions for all the companies under its jurisdiction. You can populate a
single chart of accounts across subsidiaries or companies, or use separate charts of account for each.
And NetSuite One allows posting between companies through intercompany allocations or journals
when needed.
NetSuite OneWorld automatically calculates the Cumulative Translation Adjustment (CTA) that results
from using different consolidation rates such as average for P&L transactions and month-end or
historical for balance sheet transactions. The consolidation rate type used is set at the account level.
OneWorld users can go back to any historical period and see all of the detail related to CTA and
consolidation entries.
Data Sheet
The NetSuite OneWorld Advantage:
For Accounting:
• Easily consolidate financial data across
companies
• Significantly reduce time to close
• Local entity and inter-entity reporting
• US and International tax support in a single
account
• Drill-down to transactions within each
company
For Compliance:
• Supports tight internal controls and
easy-to-follow audit trails
• Fully compliant and auditable close processes
For Sales Management:
• 360° view of your multi-company customers
• Centralized CRM for multi-company sales
organizations
• Multi-currency sales management
• Separate company support and visibility for
quotas and forecasts
• Calculation and visibility of commissions
across entities
• Global team selling across subsidiaries
• Multi-company management of:
- Billing and invoicing
- Quotas
- Forecasts
- Commissions
- Leads
- Sales
- Payroll
• Cross-company PRM
• Multi-company campaign management
For Support and Service:
• Cross-company support and service oversight
• Multi-channel support across regions
• Cross-company visibility to cases and issues
• Automated case routing to the closest
support center
• Ability to track customer satisfaction in each
company
NetSuite OneWorld Data Sheet | 1
Find out more: contact NetSuite, Inc. at 1-877 NETSUITE or visit www.netsuite.com
R0408
NetSuite OneWorld
Close Your Books Faster —Across Different Companies
NetSuite OneWorld helps you close your books faster —with greater
accuracy. It supports cross-company management of accounts receiv-
able, accounts payable, payroll, billing, invoicing, etc., as well as all the
financial aspects of the sales process, including quota management,
forecasting, quotes and orders, order management, commissions,
and sales themselves —with drill-down capabilities into the actual
transaction details of the disparate companies. NetSuite OneWorld
allows you to complete a daily virtual close across multiple entities.
And if your business needs require it, NetSuite OneWorld supports
multi-currency, multi-language management of all financial areas,
and multi-currency consolidation in real-time, retaining historical rates
of currency —providing a faster, accurate close across borders.
NetSuite One for Multi-Company Business Intelligence
NetSuite OneWorld provides multiple levels of consolidated reporting
and enterprise-wide Key Performance Indicators (KPIs), displayable in
real-time on dashboards. You can create KPIs to track the metrics in
each individual company or across multiple companies —and see the
results in real-time on your dashboard.
Managing Multi-Company Sales Channels
NetSuite OneWorld provides sales force and partner management
automation for multi-company customer and sales team relationship
management. Global sales organizations can work in teams with
colleagues in other countries and with their distributed partner
channel. NetSuite Team Selling enables easy tracking of multiple
sales participants on customer records and sales transactions. It also
allows commission calculation and payment across the sales teams.
NetSuite OneWorld provides sales executives with real-time roll up at
country, region, or area level, giving them the ability to measure the
accuracy of their global sales and trend forecasts over time against
quotas and actual revenues. Global decision support capabilities allow
all levels of sales management enhanced decision-making through
the ability to measure forecast accuracy by a sales representative or
manager, and by the ability to analyze forecasts by class of business,
sales department, or location and compare to actual performance.
Sales Key Performance Indicators (KPIs), reports, and relevant graphs
and charts automatically populate the sales management dashboard
for accurate, real-time information.
Supporting a Multi-Company Partner Channel
NetSuite OneWorld supports separate legal entities with partner
relationship management (PRM) that allows selling partners to
place orders that support local taxation conventions and be paid
commissions in their currency, while headquarters can retain
management visibility in the corporate currency.
Extending Marketing Scope across Companies
NetSuite OneWorld allows marketing teams to execute campaigns for
each separate company and then measure the effectiveness of each
campaign by the targeted company. This provides the ability to create
marketing as a shared service and provides marketing professionals
with the intelligence required to determine which campaign activities
are best suited by company. When leads are created from marketing
campaigns, OneWorld can automate the routing of those leads
between companies.
Multi-Currency Management and Forecasting
NetSuite OneWorld supports multi-currency and multi-currency
forecasting for businesses that have a company that requires currency
other than dollars. It provides Finance Departments the required
ability to maintain all currency exchange rates —both the local
currency conversion rate and the rates used to determine roll-up into
corporate currency —at the time an order is placed, or the commission
payout is made, to ensure accuracy of historical sales data. NetSuite
OneWorld provides automated currency rate refreshes as rates change
worldwide. You can elect to “auto update” on each selected currency
record, override rates if needed, or disable the service for a given
currency if desired. Over 170 currencies are supported.
Multi-currency forecast roll-up is supported within and across multi-
national sales entities, allowing an individual sales representative to
manage orders and forecast against quota in local currency, while
providing management visibility rolled up in the currency for the region
or headquarters —ensuring consistent global order, forecast, and
commission management.
The Business Value of NetSuite OneWorld
NetSuite’s OneWorld provides one integrated system for all global
operations, combined with its support of 12 languages and 170
currencies, eases the efforts of selling in a given country, while
providing the roll-up required for global visibility. NetSuite provides
businesses with one system to successfully manage their global
or multi-company sales and tie together direct and partner selling,
support management, and long-term customer satisfaction for the
international customer.
The ability to consolidate multiple charts of accounts creates a power-
ful advantage to enterprises with multiple separate business entities
and global businesses with multiple distributed locations worldwide.
NetSuite’s sophisticated Web-based accounting software provides
global and multi-entity financial reporting, analysis, and consolidation
in a single, highly scalable on-demand business management solution.
The SaaS Advantage
NetSuite OneWorld provides you with the security, performance, and
economical advantages of Software-as-a-Service, and the business
process and decision support advantages of a single integrated suite of
state-of-the-art business management solutions. NetSuite OneWorld
provides anytime, anywhere access for authorized users to all your
separate businesses
Data Sheet
Find out more: contact NetSuite, Inc. at 1-877 NETSUITE or visit www.netsuite.com
NetSuite OneWorld Data Sheet | 2 R0408
doc_962643370.pdf