article thumbnail

NetSuite and Cube: how integrating your ERP and FP&A systems unlocks productivity

Cube Software

Most companies use an ERP to manage their General Ledger (GL). The GL serves as the cornerstone for all financial reporting and procedures, establishing the framework for financial data management. NetSuite is a popular ERP system built for organizations of all sizes.

article thumbnail

How to Calculate Your Profitability: A Case Study

CFO Simplified

Manufacturing variances were caused by a variety of factors, but the summary general ledger (GL) postings didn’t provide an answer. . This information was available from their enterprise resource planning (ERP) system. Each production run was scrutinized to determine the specific cause(s) of the variance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Palette Unveils AP Automation Software For Construction Firms

PYMNTS

In addition, project managers don’t need to find certain projects by general ledger (GL) account code numbers; instead, they can locate them by name. Centsoft links with various enterprise resource planning (ERP) technologies such as NetSuite, SAP Business One, QuickBooks and Dynamics 365.

article thumbnail

How do I clean up my financial statements?

CFO Share

Too many general ledger (GL) accounts. Unsophisticated GL structures. Small business owners benefit from a sophisticated GL structure customized to their business plan. If you plan to oversee a financial statement clean up project, here are the steps you should perform. Develop a plan.

article thumbnail

Year-End Close and Reporting: What’s Behind the Numbers?

Planful

These systems are designed to automatically load data from multiple general ledgers (GL) and other sources – both on-premises and in the cloud. The spreadsheet approach was no longer appropriate to handle the financial reporting needs of such a large company, and Tingey turned to Planful for a solution.

Numbers 40