Executive Briefings

NetSuite Enhances OneWorld Cloud Business Platform

NetSuite Inc., a provider of cloud-based software for managing financial and omnichannel commerce, has made a number of product enhancements to NetSuite OneWorld.

NetSuite Enhances OneWorld Cloud Business Platform

The additions expand support into more than 100 countries with configurable tax compliance, support for 20 languages and 190 currencies, and multi-subsidiary management. OneWorld can be applied to business-to-business, business-to-consumer and “business-to-anything” transactions across electronic commerce, in-store, telesales and social channels. It operates in conjunction with the vendor’s SuiteCommerce Advanced application. The global tax engine includes indirect tax calculation and reporting capabilities, while providing tax-audit file generation in multiple formats. The tool’s multi-subsidiary management capabilities provide the foundation for deployment of a legal business structure on a global basis, NetSuite said. NetSuite OneWorld is accessible on Apple and Android devices from anywhere with a Web browser and internet connection.

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The additions expand support into more than 100 countries with configurable tax compliance, support for 20 languages and 190 currencies, and multi-subsidiary management. OneWorld can be applied to business-to-business, business-to-consumer and “business-to-anything” transactions across electronic commerce, in-store, telesales and social channels. It operates in conjunction with the vendor’s SuiteCommerce Advanced application. The global tax engine includes indirect tax calculation and reporting capabilities, while providing tax-audit file generation in multiple formats. The tool’s multi-subsidiary management capabilities provide the foundation for deployment of a legal business structure on a global basis, NetSuite said. NetSuite OneWorld is accessible on Apple and Android devices from anywhere with a Web browser and internet connection.

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NetSuite Enhances OneWorld Cloud Business Platform