NetSuite helps start-up companies to face all financial challenges. It offers a platform that meets the business needs of equity-backed firms. Businesses can use the cloud-based system for their product and financial management. It helps with compliance with revenue reporting standards and streamlines revenue management.
Venture capital and private equity companies can access at least 95 off-the-shelf reports and pre-designed real-time dashboards. They can see KPIs and data relevant to their activity in real time. Moreover, they can save searches and customize reports to streamline complicated analytical activities. They have an assurance that they are using significant and relevant information for positive change.
Companies have access to financial information for making better decisions to improve their performance. NetSuite has built-in governance, compliance, and risk features enabling firms to perform due diligence before liquidity events, such as IPOs, M&A, and fundraising.