NetClose for NetSuite
Fastest way to close
the books in NetSuite
Lives inside NetSuite
Advanced task management
Auto reconciliations
Close management tools built for NetSuite
Save time and headache on every financial close period.
Fully embedded in NetSuite
Close the books all
inside of NetSuite
Keep data in one place
Native ERP efficiencies
Flux analysis
Advanced task management
Auto-assigned
recurring tasks
Task dependency rules
Kanban and list views
Progress analytics
Auto-reconciliations
Automate & organize
your reconciliations
System generated subledgers
Rule-based auto-reconciliation
Materiality thresholds
Trusted by thousands of public and private organizations worldwide
Native NetSuite roles and permissions allow you to design and track approvals and key controls, enabling complete visibility into who performed any task and when it was completed, before the books are locked each month.
Close any subsidiary, account, or other segment (department, class, location) independently from a list. This simplifies the process of closing books in NetSuite. Allows different business units to easily close books independently, maintaining a key control that can be lost in larger NetSuite implementations.
Connect close checklist items to relevant accounting procedures allowing direct access to procedure documentation on each close task.
Comprehensive workflow tracking manages your key tasks associated with accounting close, consolidation, and reporting. Create monthly, quarterly, or annual close tasks from pre-defined templates to quickly setup your close checklist each month. Tasks can be assigned to an owner, due date, and more, while being linked directly to the accounting procedure, documentation within NetSuite. Embedding this system in NetSuite also allows NetClose to link to relevant screens in the ERP.
Reduce human error, automate the reconciliation process required to close the monthly books. Using a set up of configurable rules, NetClose reconciles supporting details with the transactions in the general ledger using existing details recorded in NetSuite, either completing the entire reconciliation, or creating a list of remaining transactions to investigate. The results can then be substantiated and prepared for certification.