Cloud-based ERP system
Web-based access without local installations. Updates and security are managed centrally.
SaaS and subscription-based companies need a business system that can manage subscriptions, recurring revenue, and revenue recognition in a unified workflow.
Oracle NetSuite is a cloud-based ERP system designed for subscription-based business models. As an ERP for SaaS companies, the system supports subscription management, revenue recognition, and international growth. SuiteCorner implements and customizes the solution to fit your business model.
Many SaaS companies start with simpler accounting systems. As subscriptions grow, the need for accurate revenue recognition, automated invoicing, and a clear overview of recurring revenue increases.
Manual revenue allocation in spreadsheets, separate systems for subscriptions and finance, or limited visibility into ARR are common signs that the current system support is no longer sufficient.
An ERP for SaaS companies brings subscriptions, accounting, and reporting together in one system. This creates better structure around recurring revenue and makes it easier to track business performance.
NetSuite connects finance, subscriptions, and reporting in the same solution. This enables SaaS companies to manage recurring revenue, track customer income, and work with reports and dashboards in real time.
Web-based access without local installations. Updates and security are managed centrally.
NetSuite can manage subscriptions and recurring revenue in the same system as the financials.
Support for revenue recognition through NetSuite Advanced Revenue Management.
With NetSuite OneWorld, multiple companies, currencies, and countries can be managed within the same ERP.
For SaaS companies, subscription management is central. SuiteCorner has therefore developed a Subscription Management solution in NetSuite that is tailored for subscription-based business models.
The solution is built on NetSuite’s standard functionality and configured so that subscriptions, invoicing, and accounting work as a unified workflow.
Changes to contracts automatically affect invoicing and revenue recognition, allowing the system to function as an ERP for subscription-based companies.
For a SaaS company, visibility into recurring revenue is essential. Management needs to be able to follow developments without manually compiling data from multiple systems.
NetSuite brings financial transactions and business data together in the same platform. This makes it possible to work with reports and dashboards that update continuously. Recurring revenue, customer revenue, company results, and group overviews can be monitored in real time.
When data is stored in the same system, the risk of discrepancies between reports and accounting decreases. This provides a more reliable basis for decisions and better control over the company’s development.
Growth in SaaS often happens quickly and sometimes internationally. In those situations, the business system needs to handle multiple legal entities and currencies without creating complex parallel structures.
With NetSuite OneWorld, multiple companies can be managed within the same ERP system. The system supports different currencies and local accounting logic, allowing corporate structures and international expansion to be handled within a unified environment.
This means the business can grow without needing to replace systems or build separate solutions for different markets.
From the very first time we met SuiteCorner, it felt absolutely right. SuiteCorner understood us, what we wanted to achieve, and early in the process they were able to demonstrate ready-made solutions. Now that we have completed the project and everything is in place, we can simply conclude that SuiteCorner is truly attentive and professional. A partner that is now part of the SSF family.
Thomas Brühl, CEO, Swedish Theft Prevention Association (SSF)
SuiteCorner is a NetSuite partner in Sweden and helps companies implement ERP for SaaS businesses with the right structure from the start.
We support our customers throughout the entire process – from analysis and implementation to ongoing development.
After go-live, we remain as support through our Customer Care offering and help you develop NetSuite as your business grows.
SuiteCorner helps SaaS and subscription-based companies implement NetSuite with the right structure from the start.
Book a demo to see how an ERP for SaaS companies can support your business model.