Financial Services

In the face of fierce competition, regulatory pressures, and changing customer needs as we move more and more towards a digital world, financial service providers are under increased pressure to keep up with changing market trends, improve visibility, and ensure compliance, all whilst controlling costs.

With industry-specific solutions for a wide range of financial services firms including banks, insurance, wealth management and lending companies, NetSuite is the preferred ERP platform to unify systems, ensure data security, manage multiple subsidiaries, and comply with regulatory requirements. It offers features such as invoicing, accounts receivable and payable, financial reporting, budgeting, asset and liability management, and analytics. NetSuite is designed to streamline financial operations with real-time financial visibility, reduce costs, and improve efficiency whilst providing a secure and reliable platform to store and process sensitive financial data.

Financial Services

Automate Compliance and Financial Processes

NetSuite automates financial processes, with built-in controls for global compliance standards and full audit trails to help you manage risk effectively. It ensures that your system is always up-to-date with automatic upgrades to ensure you remain compliant with global currency, tax, and reporting requirements, and streamlines month-end close, consolidation, and financial reporting processes to maintain tighter internal compliance with budget and spending limits.


Secure and Efficient Data Management

NetSuite employs industry-standard encryption protocols to safeguard the transmission of sensitive data and payments, complemented by regular security audits and software updates to maintain high-security standards. Two-factor authentication and role-based access controls ensure only authorised personnel can access critical information, building client trust. Additionally, NetSuite centralises client data, streamlining management and ensuring data integrity, which enhances operational efficiency and supports compliance with stringent data protection regulations.

Seamless Integration

Connect your financial management system with other critical systems such as trading platforms, CRM systems, and reporting tools. Integrating with various payment gateway providers, NetSuite ensures you can securely accept a wide range of electronic payment methods, including credit cards, debit cards, and electronic funds transfers (EFTs).


Make Data-led Decisions with Real-time Insights

NetSuite provides real-time visibility into financial performance, client portfolios, market trends, and customised reports integrating key metrics and KPIs with financial and operational data, crucial for informed decision-making.


Create a Proactive and Personalised Service

Deliver outstanding service and value to clients, manage the sales cycle, and create loyal customers by leveraging NetSuite’s CRM capabilities. NetSuite provides a centralised view of customers and their interactions across all branches and divisions and integrates with finance features and modules that give deeper insights into customer financial needs and behaviors, enabling a more proactive and personalised service that build long-lasting client relationships.

Financial Services

Streamline Operational Processes

NetSuite helps financial service firms streamline various operational processes, from client onboarding to transaction processing and reporting. Automate routine processes in both the front and back office, such as purchasing, revenue recognition, and sales cycles from lead generation to deal closure, through efficient lead tracking and workflow automation.

Streamline operations

Powerful Financial Planning and Analysis Tools

NetSuite provides financial service providers with powerful tools for planning, budgeting, and forecasting, ensuring financial stability and driving growth. It consolidates budget estimates and actuals, along with rolling 12-month forecasts, enabling accurate financial tracking and decision-making. Additionally, NetSuite allows the creation of driver-based plans through repeatable data entry sheets, formulas, and allocation methods, providing a structured approach to financial planning and analysis.

Financial Planning and analysis

Designed for Financial Services

NetSuite helps financial service providers track fixed asset depreciation, manage workflows, and generate precise reports for more informed decision-making. Additionally, NetSuite has specific modules tailored for financial services, such as Financial Management and portfolio reporting, to support complex financial operations including portfolio management and multi-entity financial consolidation.

Designed for Financial Services
By automating processes, having the peace of mind that you are remaining compliant with the latest regulations and are informed with real-time insights, NetSuite can help financial service providers thrive. Create long-lasting relationships by streamlining everything from client onboarding to reporting. With the support of SANSA, an award-winning NetSuite Alliance Partner, who understands the unique needs of financial service providers, you can truly unlock the full potential of NetSuite. Contact us.