Efficientix / Solutions / NetSuite EPM
NetSuite EPM: plan, budget and track with real data.
NetSuite EPM brings financial planning onto the same platform as your operation: budgets, forecasts and scenarios compared against actual results, without spreadsheets in between.
Spreadsheet planning breaks when the business grows: different versions, fragile formulas and figures that no longer match accounting. With EPM, the budget and forecast start from NetSuite data and update against actuals, so the team debates decisions and not figures.
Specific capabilities depend on the EPM module you license. Efficientix helps you define scope, configure it and connect it with NetSuite ERP and with NetSuite Analytics Warehouse for analysis.
Capabilities
What NetSuite EPM includes
Collaborative budgets
Each owner enters their part on a common structure.
Forecasts and scenarios
Test assumptions and compare scenarios against the plan.
Actual versus budget
Automatic comparison against NetSuite data.
Executive reports
Financial reports ready for management.
Planning by entity and area
Budget by subsidiary, cost center or line.
Close and consolidation
Support for close and group consolidation, depending on the module.
How it fits
It connects with the rest of your solutions
Use cases by industry
Where NetSuite EPM is used
Retail
With NetSuite EPM you budget and track by store, channel or category and compare against actual sales.
Learn moreFood and beverage
NetSuite EPM budgets cost, volume and margin by product line and compares them against actuals.
Learn moreWholesale and distribution
NetSuite EPM budgets sales, margin and working capital by branch or line.
Learn moreFintech and financial services
NetSuite EPM plans budgets and forecasts by entity, product or business line and consolidates the group result.
Learn moreManufacturing
NetSuite EPM budgets volume, cost and margin by plant and product line.
Learn moreProfessional services
NetSuite EPM plans revenue, utilization and costs by service line and lead.
Learn moreStartups and scaling companies
NetSuite EPM plans budget, headcount and runway by area and produces the plan your investors ask for.
Learn moreLivestock
NetSuite EPM budgets costs by cycle and by lot and compares against actual spending.
Learn moreTransportation and logistics
NetSuite EPM budgets cost per mile, fleet and margin by customer or route.
Learn moreReal Estate
NetSuite EPM compares budget against actual spending of each development and consolidates the portfolio.
Learn moreTelecom and cable (FTTH)
NetSuite EPM budgets additions, churn and ARPU by area and consolidates the result.
Learn moreAI to plan better
Forecasting models help project scenarios from history, and Ask NetSuite lets finance ask about budget variances in natural language without waiting for a hand-built report.
FAQ
Questions, answered
What is NetSuite EPM?
It is Oracle NetSuite’s enterprise performance management solution: planning, budgeting and forecasting connected to your ERP.
Does it replace my budget spreadsheets?
That is the goal: the plan lives in the system, with a single version compared against actuals, rather than in files circulating by email.
Do I need NetSuite ERP to use EPM?
EPM makes the most of NetSuite ERP data. If you already have it, the connection is direct; we review other scenarios in scope.
How does it relate to NetSuite Analytics Warehouse?
EPM plans and NSAW analyzes: together they let you see the plan, the actuals and the causes of variances on one dashboard.
What size of company is it for?
For mid-sized and growing companies that already feel the limit of planning in spreadsheets, and for groups with several entities.
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