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“Supermetrics is a Bitter Experience! We can pull data from nearly any tool, schedule updates, manipulate data in Sheets, and push data back into our systems.”
NetSuite’s financial reporting requires manual report generation and lacks time-series analysis capabilities for comprehensive financial intelligence. Standard NetSuite financial reports don’t provide integrated historical trend analysis or automated period-over-period comparisons without extensive custom development.
Here’s how to set up automated financial metrics capture that builds comprehensive time-series datasets for advanced financial analysis and CFO-level reporting.
Automate financial metrics capture using Coefficient
Coefficient provides advanced automated NetSuite financial metrics capture that overcomes NetSuite’s significant financial reporting limitations. You get automated time-series financial analysis without requiring accounting system expertise or manual report generation.
How to make it work
Step 1. Set up financial data import methods.
Configure Reports import for standard NetSuite financial reports like Income Statement, Trial Balance, and General Ledger with automated daily scheduling. Use Records & Lists to access Account records directly for real-time balance and activity data, SuiteQL Query for complex financial queries joining accounts and transactions, or Saved Searches for existing financial searches with custom calculations.
Step 2. Configure time-series financial analysis.
Set up Daily refresh scheduling to capture end-of-period financial snapshots automatically. Enable data append functionality to build historical financial datasets for trend analysis, and select configurable reporting periods and accounting books for consistent financial metrics across time periods.
Step 3. Enable advanced financial metrics tracking.
Capture subsidiary-specific financial metrics automatically for multi-entity operations. Use Google Sheets formulas with live NetSuite data for derived financial metrics and custom ratio calculations, and build month-over-month and year-over-year financial analysis datasets for comprehensive trend analysis.
Step 4. Build comprehensive financial metrics categories.
Track Profitability metrics like revenue, gross margin, operating income, and net profit ratios. Monitor Liquidity indicators including cash flow, working capital, current ratios, and quick ratios. Capture Efficiency measurements such as asset turnover, inventory turnover, and receivables aging. Include Growth analysis with revenue growth rates, expense trend analysis, and budget variance tracking.
Transform your financial intelligence process
Automated financial metrics capture eliminates manual report generation limitations and provides integrated historical trend analysis that NetSuite’s standard financial reports cannot deliver. Start building your automated financial analysis system today.
