Generic third-party connectors often struggle with NetSuite’s complex subsidiary structure, failing to handle subsidiary-specific permissions, currencies, and reporting requirements that multi-entity organizations need.
Here’s how to find connectors purpose-built for NetSuite’s multi-subsidiary architecture that automate data merging and consolidation in Excel.
Purpose-built subsidiary merging using Coefficient
Coefficient provides specialized multi-subsidiary support designed specifically for NetSuite’s complex organizational structures. Unlike generic connectors, it handles role-based access controls that respect NetSuite’s subsidiary permissions, automated currency conversion for multi-currency consolidation, and department and class-level filtering for complex organizational reporting.
How to make it work
Step 1. Configure multi-subsidiary access and permissions.
Set up Coefficient to respect NetSuite’s subsidiary permission structure while enabling cross-subsidiary reporting. The system automatically handles role-based access controls and subsidiary-specific data visibility based on user permissions.
Step 2. Set up automated subsidiary consolidation workflows.
Import data from multiple NetSuite subsidiaries simultaneously into different Excel worksheets or merge subsidiary data into consolidated views. Configure automated currency conversion handling for multi-currency subsidiary operations.
Step 3. Build cross-subsidiary analysis and reporting.
Use SuiteQL queries to join data across subsidiary boundaries for comprehensive analysis. Create automated subsidiary performance dashboards where key metrics from all subsidiaries populate executive summary sheets with real-time updates.
Step 4. Handle complex consolidation scenarios.
Set up inter-company elimination workflows through custom SuiteQL queries, subsidiary-level trial balance consolidation with automatic account mapping, and multi-subsidiary budget vs. actual reporting that updates as transactions post across different entities.
Simplify multi-subsidiary reporting
Purpose-built NetSuite subsidiary connectors eliminate the manual process of exporting data from each entity and consolidating information manually in Excel. Start automating your multi-subsidiary reporting today.