Cloud computing software developer NetSuite Inc. has unveiled what it describes as the first real-time end-to-end Web-based cloud business management solution for global services businesses.
NetSuite OneWorld SRP allows global services businesses to manage global projects and finances through cloud computing. The software has automated multi-currency management, and built-in support for international tax and compliance tracking. It also has global dashboards and reports that combine financial and operational project drivers, such as utilization and profitability.
The cloud suite can also manage expense-tracking and client-billing systems and receivables in real time across dispersed divisions or subsidiaries. As a cloud solution, the software eliminates manual processes and enables access anytime and anywhere, while ensuring fast deployment.
Instead of waiting three months to find out what happened yesterday with a given project or subsidiary entity, with NetSuite OneWorld SRP services-based businesses can finally manage their operation in real-time, said NetSuite CEO Zach Nelson in a statement.
Paul Turner, director of solutions marketing at NetSuite, said that as an end-to-end solution, the software encompasses the needs of a services business from sales quotes to invoicing aspects. Its the complete services lifecycle, said Turner.
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