Netsuite Financial & ComplianceSupport Agency

Name: Netsuite Financial & Compliance Support Agency
Brand: Cogent2
Availability: OutOfStock

When it comes to finance and compliance, there’s no room for guesswork. Your NetSuite setup should empower you to stay on top of your numbers, meet regulations, and close with confidence. That’s where Cogent2 steps in.

We’re the team that turns complex financial operations into smooth, streamlined workflows. From perfecting your reporting to ensuring your compliance processes are watertight, we help you stay ahead of audits, tax regulations, and ever-changing business demands. No drama, no stress, just a system that works like it’s supposed to.

Whether it’s configuring financial controls, optimising multi-entity consolidations, or navigating tricky compliance requirements, we’ve got the tools and experience to make it all feel effortless. With Cogent2 in your corner, you’ll have the peace of mind to focus on growth, knowing your financial and compliance foundations are rock solid.

Financial Configuration and Setup

Chart of Accounts Design: Build a slick, streamlined chart of accounts that’s perfectly tailored to your financial reporting needs.
Multi-Currency Support: Set up NetSuite to juggle multiple currencies effortlessly, keeping your global operations in sync.
Tax Configuration: Nail your tax setup, whether it’s VAT, GST, or sales tax, so you stay compliant no matter where you operate.
Bank Integrations: Link up your banking systems for real-time reconciliations and seamless payment workflows.

Compliance and Regulatory Alignment

Audit Trail Configuration: Create rock-solid Netsuite logs to track every transaction and change, so you’re always audit-ready.
Regulatory Compliance: Align NetSuite with laws like SOX, GDPR, and PCI DSS to keep your business on the right side of the rules.
Data Security and Privacy: Lock down your sensitive financial data with role-based access and top-tier encryption.

Financial Process Automation

Accounts Payable & Receivable: Automate invoicing, payment tracking, and reconciliation to keep the cash flowing smoothly.
Expense Management: Set up tools that make tracking expenses easy and ensure every penny stays policy-compliant.
Revenue Recognition: Use NetSuite’s Advanced Revenue Management to simplify even the trickiest multi-element contracts and stay ASC 606 or IFRS 15 compliant.

Reporting and Analytics

Financial Reporting: Generate sharp, GAAP-compliant reports like P&Ls, balance sheets, and cash flow statements with a click.
Compliance Dashboards: Build dashboards that spotlight compliance KPIs and sound the alarm on any red flags.
Audit-Ready Reports: Prep pre-built report templates that’ll impress even the toughest auditors.

Netsuite

Consulting

Implementation

Support

Rescue

Performance

Operations

Finance

Localisation

Training

Strategy

Integration

Shopify

Risk Management

Internal Controls: Set up approval workflows that enforce checks and balances, making fraud a thing of the past.
Fraud Detection: Add tools to flag shady transactions before they become a problem.
Risk Assessment: Stay ahead of the game by identifying and shutting down financial risks before they escalate.

Training and Support

Compliance Training: Equip your team with the know-how to use NetSuite like pros and keep everything compliant.
Policy Alignment: Make sure your company’s internal financial policies are baked into NetSuite’s configurations.
Ongoing Updates: Keep tax codes and compliance rules fresh and up-to-date to stay ahead of changing regulations.

Post-Implementation Review

Audit Preparation: Validate your financial workflows and compliance settings to make audits a breeze.
System Optimization: Keep your processes tight and efficient with regular tune-ups.
Continuous Monitoring: Use NetSuite’s monitoring tools to catch issues early and keep your financial and compliance game strong.