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NetSuite OneWorld allows companies to manage their multi-national and multi-subsidiary business operations in real-time around the world. With NetSuite OneWorld, you can manage companies with multiple subsidiaries, business units and legal entities all from a single NetSuite account, seamlessly handling global business management and financial consolidation with different currencies, taxation rules, and reporting requirements. Individual users at the local level get an application in their language and can transact in the local currency with local taxes and financial compliance fully enforced.
Key Benefits of NetSuite OneWorld
- Better business management. NetSuite OneWorld gives managers and employees worldwide the functionality, information, and tools they need to manage their entire business better and streamline operations.
- Instant consolidation. Companies with international subsidiaries or multiple entities can increase the efficiency and scope of financial and operational data consolidation.
- Real-time visibility. With a unified view of the business provided in real-time locally and globally, decision-making is immediately improved.
- Unprecedented integration and data quality. Because your worldwide business is managed in one application and data repository, there is a single source of truth for your entire business.
- Dramatic cost savings. NetSuite OneWorld is a fraction of the cost of traditional on-premise ERP systems.
- Improved forecasting. Multi-currency, multi-national forecasts ensure better sales management.
- Better compliance and internal controls. OneWorld improves compliance with regulations such as Sarbanes-Oxley and International Financial Reporting Standards (IFRS).
- Easy, rapid deployment. It can take 90% less time to deploy NetSuite OneWorld than traditional ERP systems.
Learn more at www.netsuite.com
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