NetSuite One World

Unified Cloud Business Solution for Global Operations

Expanding into new geographies introduces complexities beyond standard business management capabilities. As you open new subsidiaries, transaction volumes, taxation standards, currency rates, and compliance requirements multiply. You need unified visibility and automated controls across all entities.

NetSuite OneWorld provides the cloud business management platform for enterprises to expand globally. It unifies financial, CRM, inventory, order processing, purchasing, supply chain and HR data across countries and subsidiaries on a unified cloud platform. Real-time analytics and compliance across the unified data provides complete global operational visibility.

Why Choose NetSuite OneWorld?

  • Unified customer, order, financial data across countries and subsidiaries eliminates fragmentation and manual aggregation for global reporting
  • Local taxation, invoicing and payment rules automated for country subsidiaries
  • Real-time global operational analytics across all subsidiaries and functions
  • Advanced customization for unique in-country workflows across CRM, O2C, P2P processes
  • Automated currency conversion, intercompany transactions, reconciliation
  • Role based dashboards, KPI scorecards for global performance visibility
  • Easily expand to new countries across the Americas, Europe, Asia-Pacific and beyond
  • Optimize global tax compliance, transfer pricing, statutory reporting

NetSuite OneWorld is built from the ground up to run global multi-subsidiary business operations seamlessly in the cloud. OneWorld enhances baseline NetSuite capabilities with advanced customization, localization capabilities and process automation tailored for global businesses.

Key Capabilities of NetSuite OneWorld

Global Finance and Accounting

  • Automated currency conversion engine for 100+ currencies
  • Configurable localization for taxation rules, bank formats per country
  • Global consolidation across multiple standards (GAAP, IFRS)
  • Intercompany transaction management and elimination
  • Real-time analytics across financial data, subsidiaries

Global HR, Payroll, and People Management

  • Employee records unified across countries
  • Compensation rules aligned to local policies
  • Automated payroll processing per local regulations
  • Global talent analytics across subsidiaries

    Global Supply Chain, Inventory Management

    • Unified inventory visibility across all subsidiaries
    • Landed cost management and reporting
    • Intercompany demand planning and replenishment
    • Localized supplier payments, procurement workflows

    Global Analytics and Reporting

    • Auditable financial reporting across GAAPs
    • Operational KPIs and role-based dashboards
    • Real-time data visibility across functions
    • Flexible slicing and dicing of analytics

    Global Commerce and Order Processing

    • Omnichannel sales order capture and processing from anywhere to anywhere
    • Localized pricing, taxation calculation configured per country
    • Harmonized order orchestration and fulfillment across entities
    • Unified customer records across geographies

    Customization and Integration of NetSuite oneworld

    Customization

    • SuiteFlow and SuiteScript for advanced custom logic
    • Custom subsidiaries, legal entities, reporting books
    • Additional localizations beyond built-in capabilities
    • Custom record fields, objects, workflows
    • Extend reporting, analytics per business needs
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    Integration with Other Modules

    • Shared workflows across finance, supply chain, commerce
    • Real-time order-to-cash automation
    • Integrated supplier, customer data
    • Unified global database enabling seamless processes
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    Third-Party Integrations

    • Pre-built connectors for payments, banking
    • Accounting system integration adapters
    • Custom integrations via APIs, EDI
    • Single sign-on with identity systems

    Industry-Specific Solutions

    Software/SaaS

    • Unified customer records globally
    • Localized renewals workflows
    • Global subscription and usage analytics

    Retail

    • Omnichannel and POS integration
    • Matrix pricing globally
    • Localized promotions and pricing

    Healthcare

    • Patient billing across geographies
    • Global contract management
    • Unified medical device tracking

    Manufacturing

    • Global inventory visibility
    • Localized quality compliance
    • Intercompany drop-shipments

    Media and Publishing

    • Global subscription management
    • Consolidated financial reporting
    • Centralized royalty accounting

    Nonprofit

    • Shared constituent records globally
    • Fund accounting across chapters
    • Global campaign analytics

    Wholesale Distribution

    • Harmonized order processes globally
    • Automated tax compliance
    • Unified financial reporting

    Professional Services

    • Unified project billing and accounting
    • Automated revenue sharing globally
    • Standardized utilization tracking

    Grow Globally with NetSuite OneWorld

    Schedule a meeting with our NetSuite consultants at SuiteRep to see unified global financials, supply chain, order processing, and people operations in action. Experience the future of automated global business management.

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    FAQs

    What key processes does OneWorld automate globally?

    OneWorld automates global financial consolidation, multi-currency management, multi-GAAP compliance, global order processing, supply chain, billing, people management and reporting across subsidiaries.

    Does OneWorld support multi-language functionality?

    Yes, OneWorld supports interface and business workflow localization in over 27 languages including right-to-left languages like Arabic, Hebrew etc.

    How does OneWorld manage global financial consolidation?

    OneWorld automatically handles currency conversions, intercompany eliminations, minority interest calculations and reporting across global subsidiaries following multiple accounting standards including GAAP, IFRS etc.

    What taxation capabilities come with OneWorld?

    OneWorld is localized out-of-the-box for over 100 countries across rules for taxation, invoicing formats, payment formats, reporting and data retention needs. 

    Can you have different P&L statements per subsidiary?

    Yes, OneWorld allows setting up multiple reporting books per subsidiary so you can have different charts of accounts, revenue recognition rules, P&L statements and balance sheets reported per country regulations.

    Does OneWorld support global drop shipping workflows?

    Yes, OneWorld automates intercompany drop shipping workflows with overarching order visibility so you can fulfill orders across warehouses globally without manual transfers or accounting adjustments.

    How does OneWorld manage people and payroll globally?

    OneWorld provides a unified global people record synchronizing core employee information across countries while supporting custom fields, compensation rules, payroll processing and analytics per country locally. 

    What global supply chain capabilities come with OneWorld?

    OneWorld unifies inventory, logistics and procurement workflows enabling global visibility into stock levels, integrated order orchestration and automated localization for payments, approvals and supplier management per country.

    How does OneWorld integrate with other cloud systems?

    OneWorld offers pre-built adapters for integration with payment systems, point-of-sale, billing solutions, and payroll processors. It also enables API-based custom integration with other cloud or on-premise systems.

    Does OneWorld allow role-based access control?

    Yes, administrators can define granular roles across global subsidiaries to provide selective data and feature access based on geographic location and function.

    Can OneWorld support global matrix pricing of SKUs?

    Yes, OneWorld facilitates managing pricing across multiple attributes like currency, units of measure, quantity breaks, product lines, and global subsidiaries to enable matrix pricing.

    Is there a minimum number of users for OneWorld?

    No, OneWorld does not mandate any minimum user requirements so you can start with as few as 1 user license and expand globally over time.

    What is the typical OneWorld implementation timeframe?

    OneWorld can be implemented in as little as 4-12 weeks allowing rapid global rollout by leveraging pre-built configurations for different localization needs.