Intercompany Management in NetSuite

Simplify and automate intercompany transactions with our SuiteSolution Intercompany Pack for NetSuite.

Introduction

The growth of a company goes hand in hand with the acquisition and the creation of new subsidiaries to support their international development. But these acquisitions or expansions bring different challenges. One of these challenges is to be able to ensure and manage transactions between subsidiaries and in particular around recharging or transfer pricing for example.
Are you one of those companies with numerous subsidiaries and not satisfied with the overkilled native and standard Intercompany processes in NetSuite ?
Novutech brings you the perfect solution with our SuiteSolution Intercompany Pack within NetSuite.

Objectives

Simplify intercompany transactions

Many clients seek an easy, ready-to-use method for creating intercompany transactions with automatic mirroring to the corresponding subsidiary. Our solution automates this process, eliminating the need to start from a Purchase Order or Sale Order.

Optimize business processes

Our custom SuiteSolution offers an easy and automated process tailored to fit and optimize your business operations.

Features

Intercompany transactions

Create or import data to generate intercompany invoices and corresponding vendor bills, accelerating chargeback and re-invoicing processes.

Mirroring invoices and bills

Automatically generate corresponding vendor bills when intercompany invoices are created, and vice versa.

Reconciliation reports

Includes comprehensive reports to track and reconcile intercompany transactions.

Custom journal entries

Ready-to-use add-ons for Fast Four Bank Reconciliation to manage intercompany postings, avoiding the complexity of Advanced Journal Entries.

Customer reviews

  • Easy and straightforward
  • Accelerate Intercompany chargeback process
  • Fills a big lack of NetSuite
  • Streamline your intercompany processes

Key information

  • Fix and transparent price
  • Implemented in just few days based on your needs
  • Set up, configuration and training included ( 2 hours + 1 hour Q&A  session)
  • Not enough? Let’s schedule an audit session with us

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Novutech has developed a bunch of accelerators that tackle most of the pain points our NetSuite customers experience.

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