The biggest challenge for any CFO ( Chief Financial Officer), regardless of their industry , is undoubtedly "DOING MORE WITH LESS". And with Oracle NetSuite, this is entirely possible, especially for project-based companies.
This has always been one of the most arduous tasks for any CFO, creating battles to "spend their money wisely ," even more so in times of crisis like the pandemic we are experiencing (COVID-19).
In Brazil, being efficient in the financial area is a very complex task, due to the economic, tax, and fiscal instability that plagues companies daily . And this is quite common in companies of all segments, including project-based companies.
And that's where Oracle NetSuite delights CFOs of companies in the project management segment , because in addition to enabling agile tools and standards that minimize the financial impacts of constant changes in the national landscape , it also brings a series of specialized solutions for the project management segment (Project Management, Advanced Project Management , Project Budget Management , Contract Management, Project Revenue Recognition, etc. ).
Currently, to have complete financial management in project companies , the CFO generally needs to integrate several specialist solutions to obtain the same result that Oracle-NetSuite provides through a single, integrated, scalable, and 100% cloud-based solution.
Pfor the end-to-end project management process, are necessary indicators and dashboards de control and management financialchair of projects, in real time and from anywherer place. É possible do that with multiple platforms, but it becomes o total cost of ownership (TCO) high, for the creation and maintenance of interfaces needed to keep these various solutions operational.
Since one of the biggest concerns for a CFO is the cost of solutions , the Oracle-NetSuite platform offers the best "cost-benefit" ratio on the market , through a single, integrated solution.
The customer invests in an annual subscription with a 100% cloud-based infrastructure, meaning they don't need to worry about any additional costs other than internet access and a browser, whether through a tablet, smartphone, or laptop.
All costs related to backups, version updates, patches, maintenance, servers, and other expenses are included in the annual subscription.
Another key factor in TCO analysis is having a complete project solution that integrates with the entire company's back office , eliminating the need for complex integrations with various solutions . Oracle NetSuite offers all of this on a single platform.
Furthermore, Oracle NetSuite is the world's largest cloud-based ERP/CRM and e-commerce platform, with over 50 customers spread across more than 160 countries.
This allows project companies to receive a cloud-based product with global best practices, thus solving a large part of the problems related to process definition, since the Oracle-NetSuite platform already has this built-in.
Active Cloud Solutions has numerous clients who have benefited from this solution, and we are certain that if the CFO of a project management company analyzes Oracle-NetSuite, they will not opt for another solution.
