Control considerations for financial reporting in NetSuite

For businesses in any industry, change is a regular occurrence, and adapting to that change is essential for continued success. Change management—the process that ensures changes are executed in a controlled manner—is necessary not only at an organizational level, but in any situation where change is occurring, including the implementation of new software.

This whitepaper examines the native NetSuite functionality available to deploy effective change management in a NetSuite environment, specifically:

• Best practices, from change request to audit review, including IT General Controls, the Software Development Lifecycle (SDLC), and ticketing systems
• The change monitoring process, including:
  • System configuration
  • Security and user access
  • Master Data
  • Transactions: SuiteCloud - SuiteBuilder (Customization), SuiteScript, SuiteCloud Development Framework (SDF), and Workflow
• The change review/sign-off process