Businesses can leverage the core capabilities of NetSuite for FinTechs, business leaders can avail of a comprehensive Finance and Accounting solution to scale up and keep pace with the advancing financial landscape.  

For the most part, by leveraging NetSuite for Financial Services, business companies in this sector can gain  

Integrated financials with prebuilt, accounting-intelligent capabilities. 

Tracking, management, and reporting of the book value. 

Depreciation of their business company’s fixed assets. 

Configuration and monitoring of business processes. 

Quick and accurate reporting of financials. 

Data Security and Compliance support. 

Financial closure with confidence. 

Reliable and secure E-payments. 

Pre-built or customized reports. 

Complete audit trail visibility. 

360-degreee visibility. 

Needless to say, with the deployment of NetSuite Accounting Software, FinTechs or financial services firms or ‘finservs’ comprising insurance companies, mortgage lenders, financial institutions, credit unions, and other companies, can drive efficiency and scalability like never before. For the most part, these businesses often find it challenging to access data, keep confidential data secure, comply with governmental regulations, and scale up with next-generation technology to capitalize on trending growth opportunities. 

In most cases, on-premises, or basic ERP solutions like QuickBooks are some of the unsustainable approaches. Given these points, growing financial businesses are relying on advanced and scalable business management solution like NetSuite for Financial Services to eliminate delays, errors, and plan ahead of their fellow businesses.