Discussions
Financial Modeling in Netsuite?
I haven't seen anything to suggest that this is possible in netsuite (even with add-ons), but a person at my company asked me about it and I figured the forum is the best and fastest way to find answers. Here are my colleague's words.
"Ideally we’d like an application which we can customize to create deep financial models for all the company's revenue streams. Do you know if Netsuite has financial modeling capabilities? Are there any add on modules available for that?
Theoretically I’d like to know if Netsuite can handle calculations such as:
Product A sells for $500/per month and we anticipate 200 users which will net X amount per month. Assuming an interest rate of 8% for our cash reserves how does that impact the our cash flow? A lot of this can be done in Excel but if Netsuite had the capability to do this type of work for say 50 service offerings and then aggregate it in one place we can build pretty complex financial models with easy toggle. It gets more complicated than that when you consider different tiers of service and different packages, but we just need to