And Here’s How ITG and Oracle NetSuite Can Help You with Computerized Accounting Software and Cloud ERP
Change is always anticipated and part of any business—good, bad, and in-between. But when it comes to change, a proactive approach is a strategic way of implementing and incorporating successful new processes. Transitioning from old to new, especially in finance and accounting systems, is a big leap for any organization seeking digital transformation in accounting with modern computerized accounting software.
In this digital age, computerized accounting and finance automation are taking center stage. Enterprise-level companies maximize automation in their processes to improve efficiency and accuracy. IT Group, Inc. (ITG), as a leading IT solution partner in the Philippines and ASEAN region, aligns with Oracle NetSuite, the #1 Cloud ERP, to help companies transition smoothly from manual to computerized accounting systems. Here are five compelling reasons why businesses choose computerized accounting software powered by ERP solutions.
Efficiency at Its Finest with Oracle NetSuite Cloud ERP
Oracle NetSuite, recognized as the top cloud ERP solution in the Philippines and ASEAN, ensures efficiency at all costs. According to Rebeca Bichach, Product Marketing Specialist at Oracle NetSuite, accounting process automation (APA) is vital for reducing mundane tasks in finance departments, promoting efficiency, and precision. “Time-savings is a primary driver for process automation. Tasks like automated bank reconciliation and quarterly reporting traditionally require finance professionals to manage large volumes of data in error-prone ways,” she explains. APA verifies and moves accounting data between systems automatically, freeing finance teams from tedious manual tasks.
Streamlining Complex Accounting Processes with ERP Solutions
Finance and accounting processes have historically been complex and prone to human error. Oracle NetSuite ERP helps streamline these complex workflows by automating interdepartmental processes, such as purchase order approvals and supplier contract management. Documents are automatically uploaded and accessible to the right stakeholders, eliminating bottlenecks. Integrated ERP solutions connect customer service, finance, and supply chain functions for a seamless business process automation
Safe and Secure Computerized Accounting Systems
Security is a crucial reason many companies transition to computerized accounting software. Data security builds trust and maintains the integrity of business operations. ITG Indonesia’s Head of Business Management Solutions, Fivda Harry, highlights that data protection is a legal and ethical priority. “Data security assures customers their personal and financial data is handled responsibly and securely.”
ITG and Oracle NetSuite implement robust security features including data encryption, audit trails, two-factor authentication, IP restrictions, secure data centers, and backup and recovery systems to safeguard business data from cyber threats.
Real-Time Data Analytics and AI-Driven Accounting Automation
Oracle NetSuite leverages AI within its ERP suite to offer real-time data analytics and 360-degree visibility, improving financial management software capabilities. Automation reduces human error from manual data entry while empowering finance teams to handle thousands of data points efficiently through a centralized APA platform. Accounting professionals can quickly search and retrieve vital documents, reducing dependence on spreadsheets and paper records.
Compliance and Governance in Automated Accounting Software
Achieving regulatory compliance is often the strongest driver behind adopting computerized accounting systems. APA software simplifies compliance by auto-populating tax returns, generating financial statements, and updating tax documents per regional tax laws in the Philippines and ASEAN. Enhanced data visibility and integrity support governance and ease compliance monitoring. Oracle NetSuite couples core finance functions with compliance management, enhancing business performance and reducing back-office costs.
Let’s Venture Together on Your Digital Transformation Journey
IT Group, Inc. (ITG) stands as a leading IT solution partner in the Philippines and ASEAN. With ISO 9001:2015 certification and regional offices across Southeast Asia, ITG supports 200+ clients and digital transformation projects focused on computerized accounting and ERP solutions.
For over 20 years, ITG has delivered seamless integrations across business management solutions, IT management, integration & automation, enterprise data management, and IT infrastructure. Whether small, medium, or large companies, ITG helps clients experience digital transformation, co-creating tailored IT solutions to facilitate their transition from manual to computerized accounting systems.