Financial Management

We had a client that wanted to bill their customers based on fixed dates, but recognize the revenue as time was logged to the project in NetSuite. Here's how we helped them.

Anchor Group is thrilled to announce a strategic partnership with Ottimate, an innovator in artificial intelligence-driven AP automation software.

LeaseQuery conducted an Annual Accountants Survey at the end of 2022 to gauge the top challenges accountants are facing. Addressing these challenges can provide a better working environment and help retain accountants in the field!

Your project managers say projects are profitable. Your controller says they're not. Who's right? When project activity lives in spreadsheets while financial data sits in your ERP, the answer remains frustratingly unclear. NetSuite Services solve this disconnect by connecting project tasks, time tracking, resource allocation, and billing directly to the general ledger—enabling real-time profitability tracking without dual data entry or month-end reconciliation surprises.

There are two versions of Bulk-email NetSuite Dunning, a manual version and an automated version. The automated version, works well for companies that don't need someone to manually review each invoice or dunning letter before they can be sent out.

NetSuite budgeting helps your business shorten monthly variance reviews, tighten version control, and give your team a more reliable planning process inside the ERP. In 2026, the right NetSuite budgeting path is usually native budgets for stable annual planning, then NetSuite Planning and Budgeting when rolling forecasts, scenario modeling, and department collaboration become real requirements.

Every month, your finance team spends countless hours manually reconciling intercompany transactions across spreadsheets while your competitors close their books in days. Managing multiple legal entities, each with its own currencies, tax requirements, and regulatory obligations, shouldn't mean drowning in manual consolidation work. NetSuite Services through the NetSuite OneWorld platform transform this chaos into a streamlined, real-time operation that helps growing organizations consolidate, report, and manage subsidiaries from one ERP environment.

NetSuite Advanced Financials is a strong fit for nonprofits that need better cost allocation and financial tracking. Many nonprofits also use NetSuite nonprofit tools for grants, donor restrictions, budgets, and reports. Your finance team may spend days sorting shared costs each month. Grant records may sit in spreadsheets. Program leaders may wait for budget updates. NetSuite for nonprofit organizations can bring this work into one system. Advanced Financials handles allocations and other accounting tasks. Other NetSuite tools support grants, donor restrictions, and nonprofit reports.

NetSuite Planning and Budgeting uses financial data from NetSuite ERP for budgets and forecasts. It fits nonprofits with many grants, programs, and budget owners. Grant tracking depends on how the accounts and planning dimensions are set up. Your grants manager asks a simple question. “How much budget is left on the HRSA grant?” You open three spreadsheets. You add up invoices by hand. Two hours later, you still are not sure the number is right. This happens at nonprofits every day. The problem gets worse as your nonprofit grows. More grants mean more restrictions. More programs mean more cost allocations. More funders mean more reporting deadlines. Spreadsheet-based budgeting breaks down fast. NetSuite Services can help nonprofits replace manual tracking with a shared planning process.

One of our clients wanted to display the number of days an invoice has been open on their NetSuite invoice PDF. Here's how we accomplished it!

Managing accounts payable across 10, 50, or 100+ locations creates complexity that generic finance tools struggle to handle efficiently. While 73% of finance teams remain stuck with partial or no automation, multi-location businesses face compounded challenges: decentralized invoice ingestion, location-specific coding, multi-entity approval chains, and consolidated reporting requirements. The AP automation market was estimated at $6.17 billion in 2025 and continues growing at a 12.44% CAGR, driven by businesses seeking solutions that handle operational complexity at scale. Finding the right platform for multi-location AP automation means evaluating multi-entity capabilities, processing speed, and integration depth. We evaluated AP automation platforms and identified the seven options for businesses operating multiple locations, entities, or franchises.

Every failed payment notification you don't send costs your SaaS company real revenue. When subscribers miss renewal payments because their card expired, not because they wanted to cancel, you're losing MRR to preventable involuntary churn. NetSuite's Dunning Letters functionality automates this entire collections process, sending escalating payment reminders that recover revenue while preserving customer relationships. For SaaS businesses running on NetSuite ERP, proper dunning configuration can mean the difference between predictable cash flow and constant revenue leakage.