Reduce planning and budgeting cycle times, improve forecast accuracy

What is NetSuite Planning and Budgeting?

NetSuite Planning and Budgeting automates labor-intensive planning and budgeting processes so finance teams can quickly and easily produce budgets and forecasts, model what-if scenarios, and generate reports — all within one collaborative, scalable solution. With less time spent on manual consolidation, troubleshooting, reporting, and data loading, finance staff can reallocate time from data entry and formula maintenance to strategic analysis activities that have a greater impact on the company’s financial position.

NetSuite Planning and Budgeting Processes
Control

Control

Data synchronization with NetSuite ERP ensures automated, ongoing access to up-to-date financial and operational data. Reduced reliance on manual data input and reconciliations means better control.

Collaboration

All stakeholders are connected in a single environment, streamlining data collection. Accessibility boosts participation and accountability, making it easier for finance to get meaningful input and engagement from operational managers.
Collaboration
Visibility

Visibility

Data is entered in one centralized place, creating a single, agreed-upon version of information. Any changes made to numbers in the system are automatically reflected in reports and dashboards, so the current business situation is always clear.

NetSuite Planning and Budgeting Benefits

NetSuite Planning and Budgeting Benefits

Reduced Planning Cycle Times. Templates and workflows make it easy to gather inputs and assumptions.

Accurate Information. Pre-built synchronization with NetSuite ERP ensures real-time, accurate financial and operational data is used.

Align the Organization. All stakeholders are connected in a single environment, eliminating emails and spreadsheets.

Increased Transparency. Everyone is entering data consistently and using the same processes, so all changes are tracked.

Improved Forecast Accuracy. Regularly compare and analyze actual versus projected results to refine forecasts.

90%


90% of NetSuite Planning and Budgeting customers surveyed have achieved increased visibility, control over their business operations, and more organizational alignment.

90%


95% of surveyed customers confirmed that since adopting NetSuite Planning and Budgeting, their organization has achieved increased visibility and control over their business, and more accurate forecasting.

69%


69% of NetSuite Planning and Budgeting customers surveyed said they’ve experienced improved efficiency, accuracy, and automation of previously manual, time-intensive processes.

Source: TechValidate
“From both a functionality standpoint and a technology perspective, NetSuite delivered a robust planning and budgeting solution in a tight timeline. Now we have more time for high-value analysis, partnering, and collaborating with stakeholders across the business.”

Aaron Hartwig
CFO, Edgewood Companies

NetSuite Planning and Budgeting Features

NetSuite Planning and Budgeting enables organizations to accelerate budgeting and forecasting processes with market-leading predictive features, reporting, scenario planning, and modeling capabilities, all in one collaborative, scalable solution.

Challenges NetSuite Planning and Budgeting Solves

Challenges NetSuite Planning and Budgeting Solves

Manual Processes. Prebuilt integration with NetSuite financial data eliminates errors caused by manual transfers.

Lack of Collaboration. Users can enter comments and assumptions for collaborative planning, budgeting and forecasting.

Poor Decisions. Quickly compare the budget with actuals to deliver insights more quickly and enable better decision-making.

Faster Time to Value

Faster Time to Value

NetSuite distills the experience gained from tens of thousands of worldwide deployments over two decades into a set of leading practices that pave a clear path to success and deliver rapid business value. And, we get you live on NetSuite in a predictable timeframe. Intelligent, stepped implementations span the entire customer lifecycle, so there’s continuity from sales to services to support.

How Much Does NetSuite Planning and Budgeting Cost?

Companies of every size, from pre-revenue startups to fast-growing businesses, have made the move to NetSuite. Looking for a better way to run your business but wondering about the cost?

Users subscribe to NetSuite for an annual license fee. Your license is made up of three main components: core platform, optional modules, and the number of users. There is also a one-time implementation fee for the initial setup. As your business grows, you can easily activate new modules and add users — that’s the beauty of cloud software.

NetSuite Planning and Budgeting is available as an add-on module.

How Much Does NetSuite Planning and Budgeting Cost?

Achieve Better Business Results with NetSuite and Circular Edge

Grow and scale your business while gaining a competitive advantage with NetSuite’s best-in-class integrated cloud business software and Circular Edge’s expertise in NetSuite implementation, advisory, managed services and direct staffing. Let us show you how to leverage our direct staff pool of resources to realize better insights, organizational efficiency, increased profitability and improved relationships with your suppliers and customers – and ultimately take your business to the next level.