Financial management in NetSuite, set up for your business by Logiframe.

Record to report

Record to Report

From the first transaction of the month to the closed period and the reports that explain it.

Accounting software

NetSuite records transactions, handles payables and receivables and closes the books in one cloud system, with AI-assisted automation for manual tasks. Finance teams can drill into the detail behind any figure and produce the statements and disclosures that regulatory reporting requires.

General ledger

The general ledger gives accountants flexibility and visibility: better reporting, clear audit trails, and account types, transactions and reporting segments that can be tailored to the business.

Chart of accounts

The general ledger has to fit the structure of your business. NetSuite's chart of accounts lets you shape how the ledger works with your own workflows, transaction types and additional fields.

Financial report builder

NetSuite includes many standard reports that can be customised, including financial statements set up for country-specific requirements, with options to filter, group and sort the data.

Custom financial reports

Reporting tools let finance teams build their own reports and analysis, for a complete view of the business.

Close management

Period-end tasks are tracked in NetSuite so the team can see what is done and what is still open before a period is closed.

Report snapshots

Snapshots give a short summary of a report with links to the underlying data. They work for prebuilt and custom reports and can be placed on dashboards for day-to-day monitoring.

Procure to pay

Procure to Pay

Requisitions, purchase orders, vendor bills and payments, with approvals and matching built in.

Purchase requisitions

Purchase requests are raised and tracked, routed to the right managers for approval and converted into purchase orders once approved. Vendor invoices are matched to purchase orders and receipts, which prevents overpayments and duplicate payments and reduces the risk of invoice fraud.

Vendor records

Each supplier record holds contacts, addresses, bank details, purchase orders, past payments and credit memos. Incoming invoices are checked against vendor information to keep payments accurate and on time.

Accounts payable dashboards

Dashboards, KPIs and alerts track open purchase orders, invoices waiting for approval, due dates and scheduled payments as they change.

Accounts payable aging

Current payables data is available at any time, including AP aging, check registers, pending invoice approvals and payments in transit.

Invoice capture

NetSuite Bill Capture uses AI/ML document detection and optical character recognition to read invoice data and import it into NetSuite, faster and with fewer errors than manual entry.

Payment dashboard

The payment dashboard shows the status of vendor bills, so suppliers can be kept informed about upcoming payments.

Planning

NetSuite Planning and Budgeting

Budgets, forecasts and scenarios built on the same data as the ledger.

Planning and budgeting

NetSuite Planning and Budgeting automates planning processes and data analysis, so the finance team spends its time on analysis rather than assembling numbers.

Data visibility

Data is entered in one place, giving one agreed version of the figures. Changes flow through to reports and dashboards automatically.

Budgeting and forecasting

Prebuilt workflows and templates automate budgeting and keep forecasts current.

Scenario planning and modelling

Scenarios can be modelled across dimensions such as location and product, without the formula errors of spreadsheet models.

AI-assisted predictive planning

Intelligent Performance Management uses AI to analyse data and highlight trends and anomalies, with predictive forecasts that shorten analysis time.

Revenue planning

Revenue and sales forecasts are aligned with company targets, shared with the teams involved and tracked against results.

Operating expense planning

Driver-based planning links operational assumptions to financial results and supports planning at both corporate and business-unit level.

Workforce planning

Headcount, salary and compensation planning are handled together, matching the organisation's priorities with its workforce.

Trended financials

Integrated statements connect the income statement, balance sheet and cash flow statement, support both cash flow methods and can reflect industry-specific requirements.

Microsoft Office integration

Smart View for Office connects NetSuite Planning and Budgeting with Microsoft Office, so users can run what-if analysis and build data grids in Excel, including planning actions such as spreading and allocation.