As the pace of business continues to increase, companies need to be nimble so they can respond market changes and evolving business conditions. NetSuite Planning and Budgeting provides the insight your business needs to respond quickly – along with FP&A tools needed to deliver accurate plans so you can drive your business to success.
NetSuite Planning and Budgeting
Transform your Business and Adapt at Market Speed
NetSuite Planning and Budgeting helps finance teams work more efficiently and effectively, improving the company’s overall financial position. This tool streamlines the often time-consuming processes of financial planning and budgeting, allowing finance teams to create budgets, forecasts, scenario models, and reports quickly and easily. The solution is collaborative and scalable, and it reduces the amount of time finance staff need to spend on manual data consolidation, problem-solving, reporting, and data entry, freeing them up to focus on more strategic analysis activities that have a significant impact on the company’s financial health.
Bring Collaboration and Insight to the Planning and Budgeting Process
Top-Rated Financial Planning and Budgeting Solution
NetSuite Planning and Budgeting is a top-rated financial planning and budgeting application that is suitable for organizations of all sizes. It offers market-leading functionality across various business lines, and it is now available as part of SuiteSuccess. Planning and Budgeting can be deployed in two different versions, allowing organizations to choose the option that best fits their specific business needs and budget. This flexibility enables organizations to quickly adopt a world-class planning and budgeting solution.
Cloud Based Planning and Budgeting
NetSuite Planning and Budgeting (PB) is a cloud-based financial planning and budgeting application that is fully integrated with NetSuite Enterprise Resource Planning (ERP). It offers a range of tools for operational expense planning, capital expense planning, personnel planning, revenue planning, and financial statements, as well as interactive dashboards and multi-currency support. With these features, NetSuite PB is a comprehensive solution for organizations looking to streamline and improve their financial planning and analysis processes.
Fully Integrated to Increase Efficiency and Accuracy
Integration with an organization’s ERP system is important for the smooth operation of a planning and budgeting solution. This integration allows the solution to automatically import data from other integrated applications, such as the general ledger, saving time and reducing the risk of errors. NetSuite Planning and Budgeting also offers comprehensive integration with Microsoft Office, including Outlook, Excel, Word, and PowerPoint, as well as Smart View for MS Office. This integration allows organizations to easily access and use financial data within the familiar Microsoft Office suite, improving efficiency and productivity.
Transform Your Budgeting and Planning Process with NetSuite Budgeting and Planning
Solutions Designed to Streamline Your FP&A Processes
NetSuite Planning and Budgeting is everything finance needs to quickly deliver accurate plans, reports, and insights to every corner of the business.
NetSuite Planning and Budgeting, from Oracle, offers seamless integration with Microsoft Office tools, including Outlook, Excel, Word, and PowerPoint, as well as Smart View for Office. This integration allows organizations to easily access and use financial data within the familiar Microsoft Office suite, improving efficiency and productivity. With a single click, users can refresh data within the Office tools, and common planning actions, such as spreading and allocation, are available within Excel. Excel can also be used as an environment for data analysis and ad-hoc modeling. Overall, NetSuite Planning and Budgeting’s integration with Microsoft Office tools helps organizations streamline their financial planning and analysis processes.
The predictive planning feature in NetSuite Planning and Budgeting allows users to optimize their planning and forecasting estimates using a pre-built statistical modeling engine. With just a few clicks, Predictive Planning can collect historical data, apply industry-standard statistical models to it, and generate a dashboard with predictions for future results. These predictions can then be easily applied to the user’s plan or forecast, helping them make more informed decisions. Predictive Planning streamlines the process of planning and forecasting, enabling users to make more accurate estimates and optimize their business operations.
The integrated Financial Statement Planning feature in NetSuite Planning and Budgeting, which is now available as part of SuiteSuccess, allows organizations to more quickly, accurately, and effectively plan, budget, and forecast their revenue, expenses, balance sheets, and cash flow. This feature provides greater detail and insight, helping organizations make more informed decisions about their financial position and future performance. By integrating Financial Statement Planning into the SuiteSuccess platform, NetSuite makes it easier for organizations to optimize their financial planning and analysis processes.
NetSuite Planning and Budgeting includes a flexible driver-based planning feature that helps organizations connect their operational assumptions to financial outcomes. This feature supports a hierarchical planning process that covers both corporate finance and lines of business within the organization. By enabling flexible driver-based planning, NetSuite Planning and Budgeting helps organizations better understand the financial impacts of their operational decisions and optimize their operations accordingly. This feature is especially useful for organizations with complex business structures or multiple lines of business.
NetSuite Planning and Budgeting includes a feature that simplifies workforce planning and related expenses, such as head count, salary, and compensation planning. This feature helps organizations align the needs and priorities of their workforce with those of the organization, ensuring that both parties work together to achieve shared objectives. By streamlining workforce planning and related expenses, NetSuite Planning and Budgeting helps organizations optimize their operations and improve their financial performance.
NetSuite Planning and Budgeting allows users to quickly create reports and dashboards that display financial data from plans, forecasts, and actual results. Any changes made to these versions are instantly reflected in the reports and dashboards, ensuring that users always have access to the most up-to-date information. This feature makes it easy for organizations to stay on top of their financial performance and make more informed decisions.
Want to Learn More About NetSuite Planning and Budgeting?
Check out this NetSuite Planning and Budgeting Data Sheet and learn how your team can better collaborate, streamline, and make the planning, budgeting, and forecasting process more efficient.
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