NetSuite for SaaS Companies

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Focus on Delighting Your Customers — Not Your Tasks

Growing SaaS businesses face unique challenges. Billing accuracy, accurate customer user counts, and speed to value for your client base is key.

For your staff, get quick access to contract information, confidence the data is accurate, and a sales organization focused on client acquisition and retention.

How to Gauge if NetSuite is Right for Your SaaS Business:

If you answer yes to any of these questions, then NetSuite is right for you:

  • Is your business is growing but your are outgrowing your current systems?
  • Did you recently win a funding round with a private equity group and need to report specific metrics in order to retain funding?
  • Were you part of a merger or acquisition deal and need help with data migration, data adjustments, or data clean-up during the transition process?

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Learn How NetSuite Can Empower Your SaaS Team

Data Conversion

  • Our team has converted millions of transactions as a key part of moving businesses over to NetSuite.
  • We take all your customer history, accounting data, chart of accounts, general ledger, purchases, vendors — even your open transactions — and bring everything together into one platform.
  • We take the dread out of the word “transition,” and make necessary conversions feel natural. Let us help you do it right, the first time.

Custom Commission Modules

  • We can build a custom commission model tailored to your business that will serve you for years to come.
  • Tweak your commission structure to drive the right behavior from your sales team, and see the commissions automatically calculated in your system. Show your sales team their commission earnings even as they book orders.

Marketing & Sales Alignment (HubSpot)

  • Seamlessly integrate your HubSpot marketing platform with NetSuite.
  • Our integrations update your systems in close to real-time, and the paths can be bidirectional. This is essential when your sales team updates a lead status, prospect status, or adds new contact information to your CRM.
  • Get clearer communication and stronger collaborations between the two departments.

ASC 606 Compliance

  • ASC 606: Revenue from Contracts with Customers is the new revenue standard that affects all businesses entering into contracts with customers for the transfer of goods or services
  • ASC 606 compliance will help better organize your business’s revenue management, providing an opportunity for improvement and growth

NetSuite Features for SaaS Businesses

SuiteCommerce

Illustration of a shopping cart leaping from a computer representing eCommerce and SuiteCommerce
NetSuite's SuiteCommerce is a cloud-based ecommerce platform that enables businesses to sell across multiple channels, including online, in-store, and mobile.

Features

  • Give Customers Real-Time Insight Into Their Account
  • Pay invoices
  • Create support cases
  • Interact with customer service
  • View omni-channel purchase history with one click
  • View entire order history
  • View Everything Purchased in Once Place
  • Order status
  • Promotions applied
  • Payment method
  • Tracking details
  • Return requests on products after fulfillment
  • Secure Payment & Customer Service
  • Simple But Powerful Ecommerce Websites

Benefits

  • Quickly build and access reports and dashboards to get accurate visibility into your sales
  • Deliver a BTC experience to your B2B customers
  • Quickly go to market with your website and build on it with marketplace extensions

Revenue Management

Illustration of dollar and coins and revenue
NetSuite provides a suite of revenue management features that helps businesses to streamline their revenue recognition process.

Features

  • Revenue Recognition
  • Revenue Policy Automation
  • Automate Planning
  • Automate Unbilled Revenue Recording
  • Multi-Currency Transactions
  • Manage Balance Sheet Accounts
  • View Financials in Real-Time
  • Flexible Forecasting
  • Multiple Performance Obligations
  • Complex Allocations Management
  • Dynamic Standalone Selling Price
  • Powerful Allocation Calculator
  • Revenue Recognition Across Industries
  • Revenue Recognition Over Time
  • Support Percentage-of-Completion
  • Support Event Driven Revenue Plans
  • Revenue Recognition Complying with Multiple Accounting Standards 
  • Book-specific Standalone Selling Prices, Revenue Rules, Plans and Arrangements 
  • Book-specific Foreign Currency Management
  • Book-specific Financial Reporting

Benefits

  • Eliminate hours spent managing and recording revenue, and reduce the time it take to close deals
  • Stay in compliance with industry-standard financial guidelines, even as they change over time
  • Works perfectly with Multi-Book Accounting to help you account for a single transaction under multiple standards
  • Analyze the revenue impacts of past sales and forecast expected revenue with detailed look into sales documents

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Paper Street HubSpot Connector

HubSpot and NetSuite logos connected by two criss-crossing double-headed arrows
Two-way CRM HubSpot Syncing

Features

Dual Sync

  • Custom flows to direct new leads from HubSpot that are not already created in NetSuite
  • Ability to sync Opportunities, Contracts, Companies, Contacts, Leads and so much more
  • Any data that is updated in HubSpot will be pushed to your NetSuite instance
  • Easy to use custom field mapping between both solutions

Sync Options

  • Unlimited record syncs
  • Custom sync schedules
  • Dedicated service
  • Sync on demand option available

Implementation

  • Add out of box deployment available to get you up and running fast
  • Tailored discovery session to capture all your signature processes
  • Data sync requirements gathering session included
  • Custom flow build out and demonstration for you and your team
  • Convert any current processes to mimic new sync requirements

Benefits

  • Make the most of your HubSpot investment
  • 100% data hygiene for sales ops teams
  • Spend less time on data entry
  • Focus on closing leads instead of locating them
  • Works in the background as a set it and forget it

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