Save content
Have you found this content useful? Use the button above to save it to your profile.
AIA

NetSuite launches OneWorld 2011

by
21st Oct 2011
Save content
Have you found this content useful? Use the button above to save it to your profile.

NetSuite has revealed the newest version of its global services business-focused NetSuite OneWorld product, which includes:

  • increased global financial consolidation capabilities
  • 40 formatted tax compliance reports, up from seven last year
  • expanded support for international taxation and audit reporting
  • advanced inventory costing capabilities
  • A fixed assets module and for wholesalers and manufacturers

As with earlier releases, OneWorld 2011 is pitched at companies operating multiple subsidiaries with multiple tax jurisdictions and often running two-tier enterprise resource planning systems.

Accounting modules can now be locked on a subsidiary-by-subsidiary basis, which NetSuite argues improves controls and accountability during monthly and annual closing. Customers can also use a new feature to slice and dice data within the system, rather than off-loading it to an Excel spreadsheet.

NetSuite is also boosting its security capabilities through a new partnership with CA Technologies. Under the agreement, CA's two-factor authentication technology will be applied on NetSuite's back-end systems and sold as an option to customers.

Mini Peiris, Vice President of Product Marketing, NetSuite, commented: "Powering our two-factor authentication with CA Arcot WebFort demonstrates NetSuite's commitment to bringing enterprise-class security to businesses of every size."

Netsuite earlier this week came out tops in the Enterprise Accounting category at the Software Satisfaction Awards.

Tags:

Replies (0)

Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.