How NetSuite Accountants Can Make Your Post-Go-Live Stress-Free
March 12, 2023
After months of training and preparation, your NetSuite software is now ready for your company to use — including the accounting department! Upon looking at the interface for the first time, it dawned on your team that there are many things you need to do before getting crunching the numbers smoothly once again.Don’t let this transition period get in the way. In this blog, you’ll learn how NetSuite Accountants can make your post go live stress-free! Offshore staffing companies like us here at Atticus Solutions can provide you with mid to senior-level professionals trained to navigate the complexities of the NetSuite software for your accounting needs.Keep reading to learn how you can leverage the benefits of this platform with the help of the right people.
How Long Does It Take An Accountant To Learn And Understand NetSuite?
Learning and understanding NetSuite takes time. That’s why it’s best to acquire a professional with the experience to make your transition period as smooth as possible.These accountants have gone through comprehensive training courses and extensive online documentation provided by NetSuite training programs. They were guided by a community of experienced NetSuite professionals to help them fully understand the system.It can take them up to three months before they can be given their user certification exam. However, if they choose to pursue other certifications to be an administrator and developer, this may take up to a year. Once their training is complete, they are given certificates to showcase their expertise and knowledge of the software.
Consolidate Your Financial Data
Since your company has recently transferred to NetSuite, your accounting department will need to migrate and consolidate all financial data. However, this can be difficult if you don’t know how to navigate NetSuite.With the help of trained and qualified NetSuite accountants, this job can be done quicker and more efficiently. They will first analyze your company’s current financial systems to implement the best strategy for migrating your data to the software. After that, they will see to it that all financial data from different sources, such as spreadsheets, previous accounting software, and databases are migrated accurately and entirely to the NetSuite.
Automate The Accounting Process
The purpose of the entire NetSuite ERP software is to automate many business processes — including accounting! Your trained NetSuite accountant can help you navigate this for the first time.They’ll start by automating tasks like data extraction, payment processing, bank reconciliation, financial statement generation, and inventory management. This can help you save time, reduce errors, and improve financial reporting accuracy, freeing up your time to focus on growing your business.Here at Atticus Solutions, we have expert NetSuite accountants that can optimize your accounting process and help you gain a more accurate and timely view of your business's financial health. So, don’t hesitate to consider working with a NetSuite accountant to help your business thrive.
Provide You With A Real-Time View Of Your Financial Performance
Digital solutions like NetSuite provide a company with a real-time view of its financial performance. With that, your NetSuite accountants will guide you on how you can generate real-time financial statements, such as income statements, balance sheets, and cash flows. This allows you to monitor your financial position at any given time and take proactive steps based on accurate, up-to-date information.Additionally, they can also set up KPIs and dashboards to track key metrics that are important to your business's success. By monitoring metrics such as revenue growth, profit margins, and inventory turnover in real-time, you can quickly identify areas that require attention.
Improve The Quality Of Your Finances And Reports
Another great feature of NetSuite is that it can generate financial reports for you. As you do this for the first time, NetSuite accountants can show you how this is done.They can illustrate how NetSuite can provide you with the data you need to make better insights into your finances. This helps you better identify trends, risks, and opportunities. Furthermore, they can also help you understand the financial impact of your previous business decisions and provide recommendations to improve your financial performance. As a result, you can make informed decisions.
Accommodate More Accounting Services For Your Business
Finally, NetSuite accountants can deliver other accounting services that precisely meet your accounting requirements, by guiding you in optimizing NetSuite software to streamline your financial management process.If needed, they can provide your company with ongoing support and training to ensure that you can fully maximize the software's potential.Ultimately, partnering with them can help you manage your finances effectively and efficiently, enabling you to focus on expanding your business.
This blog just provided you with everything you need on how NetSuite accountants can make your post-go-live stress-free. With their expertise in managing the software, they can meet your specific accounting needs, taking the burden off your shoulders and ensuring a smooth go-live process.If you’re looking for a pool of NetSuite accountants in the Philippines, look no further than Atticus Solutions!We are ready to make your NetSuite transition seamless as we give you the best solutions. Let’s discuss your questions by getting in touch with us.