NetSuite OneWorld: global success from one system

Manage multiple entities, currencies and tax rules in one real-time environment. NetSuite OneWorld gives international scale-ups the control and flexibility to grow borderless.

190+

Currencies updated daily

90+

Bank formats readily available

The challenge of international business

Bastian BeukersSales

b.beukers@fortiqo.nl 0548-201010

Once your business crosses borders, the complexity increases exponentially. You have to deal with different currencies, local tax laws, intercompany transactions and the need for consolidated reporting. Many companies try to solve this with separate administrations and complex Excel sheets, but lose control of their global performance as a result.

NetSuite OneWorld is the solution to this complexity. It allows you to manage your entire international operation from one central database, while each subsidiary remains locally compliant.

How OneWorld removes international barriers

Real-time Consolidation

Forget about month-end closing in Excel. With OneWorld, you have insight into consolidated figures at the group level at the touch of a button, while also being able to zoom in on individual entities.

Global Tax & Compliance

NetSuite supports tax regulations for more than 100 countries. From VAT in Europe to GST in Australia; the system ensures that you are always compliant locally.

Multi-Currency Management

Perform transactions in more than 190 currencies. Exchange rates are automatically updated daily, so exchange rate differences are calculated and processed in real time.

Automatic intercompany transactions

Sales between entities, shared resources or internal loans are automatically processed and eliminated on consolidation. This saves your finance team days of work per month.

Scalability as a competitive advantage

In 2026, the market is not waiting for your ERP implementation. If you decide to open an office in a new country, you don't want to spend months working on the software.

The "Template" Approach: Since your basic processes are already in NetSuite, you copy your formula for success to a new entity, so to speak.

Local language and culture: With support for 27 languages, your local teams work in their own language, while headquarters sees the data in their own reporting currency and language.

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The monthly close without a spreadsheet

No more waiting for the month end to know how you're really doing internationally.

OneWorld consolidates your numbers as you work. Every transaction in a foreign branch is translated directly into the reporting currency of your head office in the background. So by Tuesday morning, you can see the real-time results of your entire global operation, without a single Excel formula. This gives you the speed to make decisions based on today's facts, not last month's.

Intercompany transactions on autopilot

In many organizations, transactions between your own entities are a source of errors and a huge time-waster for the finance department.

With NetSuite OneWorld, you automate this flow from start to finish. Intercompany orders, internal loans and chargebacks are matched directly in the system and automatically eliminated during consolidation. This way, you avoid double entries and always keep the group result clean, without having to manually search for that one euro that got stuck somewhere between two administrations.