Hong Kong businesses that operate on a global scale are challenged in meeting regulatory compliance and financial accountability in an increasingly complex and continuously changing business environment. NetSuite OneWorld is the world's #1 cloud-based global financial management solution with robust international tax and compliance management capabilities to enable your global enterprise with multiple sites and operations to respond to external requirements, manage risks and meet your obligations. NetSuite global ERP provides visibility into overall operations, traceability, and accountability in the management of your global tax and compliance responsibilities, enabling you to move into new markets with confidence.
Used in more than 110 countries, NetSuite global ERP supports the most widely used languages. NetSuite's 'out-of-the-cloud' comprehensive indirect tax management and reporting capabilities cover over 90% of global Gross Domestic Product (GDP), ensuring your global business software is ready to handle your international footprint wherever your organisation operates.
As the complexity and scrutiny of indirect taxes has increased worldwide, so has the cost and complexity for finance departments in multinational companies to manage, monitor and report on their audit process and compliance responsibilities.
Deployed by organisations in over 110 countries, NetSuite global ERP provides an end-to-end solution that can help you address these challenges through:
NetSuite OneWorld global ERP is used in more than 110 countries and includes comprehensive indirect tax management and reporting capabilities to comply with some of the most stringent local accounting regulations. Go global with confidence with NetSuite global erp solution which:
NetSuite OneWorld has a built-in tax engine that is configurable to the unique needs of your organisation. It provides:
NetSuite OneWorld global currency management handles 190+ currencies and exchange rates reducing the cost and complexity of multi–currency transactions with your customers and vendors. It supports a wide variety of payment options, provides real–time currency rates and financial consolidation to improve productivity and eliminate exchange rate errors.
NetSuite OneWorld audit management streamlines and enhances your auditing processes through electronic audit which is now common practice in many countries for both external auditors and government tax auditors. NetSuite provides:
NetSuite OneWorld Electronic Payments makes it easy to pay your vendor bills and employee expenses, as well as taking take payments from customers, across the world directly from within NetSuite. NetSuite Banking and Electronic Payments supports Electronic Funds Transfer through HSBC and DBS Bank and local credit card payment gateway AsiaPay. It places the payments or direct debits into each bank's predefined file format ready to import into banking software or submit to the bank online, and reduces time, manual effort and costs spent on payment processing by eliminating checks, postage and envelopes.
Intuitive user interface can be translated into 19 languages, including Simplified and Traditional Chinese, English (International), Japanese, French, German and more, NetSuite OneWorld enables each of your employees and partners to select his or her language of choice.
“As rapidly growing fairly complex multinational, multi-segment and multi-site business, one of the key reasons we chose NetSuite OneWorld was the combination of its multi-entity consolidation functionality combined with the capability to tailor the system to meet unique business requirements of each individual subsidiary.” Knowledge Universe
“NetSuite OneWorld gives us a way to deliver a standard platform across the organisation in a timeframe and at a cost that supports our continued growth and development.” Jollibee