Logiframe Financial Management Solutions Powered by NetSuite
Logiframe uses NetSuite's platform to provide tailored financial management solutions, helping businesses of all sizes make informed decisions and optimize cash flow for growth.
Record to Report
Accounting Software
NetSuite cloud accounting software streamlines the tasks of recording transactions, handling payables and receivables, and finalizing the books with features like AI that enhance the automation of manual tasks. With instant access to financial data, you can delve into specifics to address issues and produce statements and disclosures to meet regulatory financial compliance standards..
General Ledger
NetSuite's general ledger features provide accounting professionals with increased flexibility and visibility, improved reporting capabilities, better audit trails, and the option to tailor account types, transactions, and reporting segments to fit specific business needs.
Chart of Accounts
Your general ledger must accommodate the distinct structure and needs of your business. NetSuite's Chart of Accounts enables you to manage your GL's functionality with personalized workflows, transaction types, and additional features.
Financial Report Builder
NetSuite offers numerous customizable standard reports, including financial statements tailored to country-specific needs, with options to filter, group, and sort data for better organization.
Custom Financial Report
NetSuite's financial reporting offers customizable tools for data analysis, enabling personalized reports and insights for a comprehensive business view.
Close Management
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Report Snapshots
Report snapshots offer concise summaries of reports with data links, accessible for both prebuilt and custom reports, and can be added to dashboards for easy financial monitoring.
Order to Cash
Sales Order Management
NetSuite sales order management streamlines the order-to-cash process by automating tasks like receiving, approving, and fulfilling orders, which enhances efficiency and accuracy, supporting timely invoicing and payments.
Order Automation
Integrate the sales, finance, and operations teams to enhance quote precision, eradicate billing mistakes, bolster revenue recognition procedures, and ensure order fulfillment is more precise and expedited.
Multichannel Order
NetSuite multichannel order management enhances customer experience by enabling flexible purchasing, pickup, and return options, while supporting various fulfillment methods and ensuring efficient order processing.
Advanced Order Setup
Direct orders to the most cost-effective or geographically suitable location for fulfillment, reducing shipping expenses and delivery time.
Accounts Receivable Aging
NetSuite delivers the insights you need. Configurable dashboards, reports and KPIs provide a real-time view into customer aging, invoice analyses, recurring invoices and deferred and recognized revenue calculations, with exception reports to flag account anomalies.
Accounts Receivable Register
Seamlessly record order transactions in both general and AR ledgers, ensuring precise tax calculations on every invoice for swift and accurate tax processing and billing. NetSuite streamlines manual accounts receivable tasks, enabling finance teams to generate digital invoices and provide various payment options to accelerate collections.
Company Wide Visibility
Instant access to a company's inventory, financial, and customer data enhances the precision of quotes, eradicates billing mistakes, bolsters revenue recognition procedures, and boosts the accuracy and efficiency of order fulfillment.
Collection Reconciliation
NetSuite Account Reconciliation software automates general ledger account reconciliations, including bank reconciliations, credit card matching, intercompany transactions, account receivables and payables, and invoice-to-PO matching, all in one centralized workspace. With NetSuite Account Reconciliation, errors and manual ticking and tying are removed so accounting teams can focus on exceptions, high-risk reconciliations, and other strategic work.
Account Reconciliation
Reduce the time spent on downloading data from source systems, compiling details in spreadsheets, manually checking account balances, and employing complex formulas for matching and reconciliation.
Procure to Pay
Purchase Requisition
Effortlessly generate and monitor purchase requests, automatically forward them to the relevant managers for evaluation, and transform them into purchase orders once approved. Align vendor invoices with purchase orders and receiving documents to prevent overpayments or duplicate payments, thereby minimizing the risk of invoice fraud.
Vendor Records
Keep comprehensive records for all suppliers, covering contacts, mailing addresses, banking details, purchase orders, previous payments, and credit memos. Effortlessly match received invoices with vendor information to ensure precision, prevent late payments, and minimize fraud risk.
Accounts Payable Dashboards
Customizable dashboards, key performance indicators, and alerts ensure the seamless operation of accounts payable processes. Monitor open purchase orders, pending invoice approvals, invoice due dates, scheduled payments, and other essential information in real-time.
Accounts Payable Aging
Access crucial accounts payable data in real-time, such as AP aging, check registers, pending invoice approvals, and payments in transit.
Invoice Captured
Retrieve invoice data in NetSuite more swiftly and with reduced errors. NetSuite Bill Capture employs AI/ML-driven document object detection and optical character recognition technology to extract and import invoice data into NetSuite.
Payment Dashboard
The NetSuite payment dashboard monitors the status of vendor bills and fosters strong relationships with vendors by keeping them updated on upcoming payments.
Tax Management
SuiteTax
SuiteTax is a configurable tax engine that streamlines global tax management by automating tax calculations and compliance, allowing finance teams to generate detailed reports efficiently.
Indonesia VAT Automation
Eliminate the need for manual calculations: NetSuite’s integrated tax logic automatically assesses taxability and performs calculations on every transaction and item in your account within the Indonesian tax jurisdiction. NetSuite verifies all your customer and vendor VAT registration numbers, ensuring accurate tax calculations for all goods and services.
Fiscal Depreciation
NetSuite can be set up to execute fiscal depreciation for assets to calculate timing differences in corporate income tax. This ensures an accurate audit trail for both financial and tax reporting.
NetSuite Planning and Budgeting
Planning and Budgeting
NetSuite Planning and Budgeting streamlines planning and budgeting by automating processes and data analysis, allowing finance teams to focus on strategic analysis rather than manual tasks.
Data Visibility
Data is entered in one centralized place, creating a single, agreed-upon version of information. Any changes made to numbers in the system are automatically reflected in reports and dashboards, so the current business situation is always clear.
Budgeting and Forecasting
Automate budgeting processes with prebuilt workflows and dynamic templates from NetSuite, enabling real-time forecasts and informed decision-making.
Scenario Planning and Modeling
Conduct scenario modeling and planning across various dimensions, like location and product, to handle complex calculations without formula errors.
AI-Powered Predictive Planning
Intelligent Performance Management uses AI to automate data analysis, enabling quicker decision-making by identifying trends and anomalies. This allows finance to act swiftly, plan better, and reduce analysis time, with predictive forecasts offering clear insights.
Revenue Planning
Align revenue and sales forecasts with corporate goals, collaborate with teams, and monitor performance to assess financial impact.
Operating Expense
Facilitate adaptable driver-based planning to link your operational assumptions with financial results. Back a hierarchical planning approach that includes both corporate finance and business units.
Workforce Planning
Streamline workforce planning and associated tasks, including headcount, salary, and compensation planning, by harmonizing the organization's needs and priorities with those of the workforce to achieve organizational goals.
Trended Financials
Integrated financial statements connect income, balance sheet, and cash flow statements using GAAP logic, supporting both cash flow methods and industry-specific needs.
Microsoft Office Integration
Smart View for Office integrates NetSuite Planning and Budgeting with Microsoft Office, allowing users to perform what-if analyses and create data grids in Excel, with planning actions like spreading and allocation.
Get Started with Logiframe Financial Management Powered by NetSuite
Are you ready to transform your financial operations and take your business to the next level? Contact Logiframe today to learn more about how our NetSuite-powered solutions can empower your growth.
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