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NetSuite Advanced Revenue Management (ARM)

A powerful solution for managing all your complex revenue recognition requirements and processes including revenue streams and compliance with the latest accounting standards.
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What Netsuite advanced revenue management can do for your business

Every Australian business leader knows that growth brings complexity. As your operations expand across multiple contracts, performance obligations, and revenue streams, accurately recognising and managing revenue in compliance with evolving accounting standards through manual processes becomes a significant challenge that can introduce reporting errors, audit risk, and delayed financial close.

NetSuite Advanced Revenue Management gives you complete visibility and control over your entire revenue lifecycle, from contract and performance obligation setup through to automated recognition schedules, forecasting, and compliance reporting. This comprehensive solution eliminates the complexity of managing revenue manually by automating calculations in line with standards like AASB 15 and IFRS 15, and connecting your revenue data directly to your financials within one powerful, cloud-based ERP system.Sonnet 4.6
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NetSuite Advanced Revenue Management product features

Automated revenue recognition

Establish revenue recognition rules tailored to your specific requirements. These rules are then automatically applied to sales transactions, ensuring that revenue is recognised accurately and in compliance with accounting standards.

Revenue forecasting

Forecast future revenue by leveraging data from existing contracts and performance metrics then use this data to make decisions around resource allocation, budgeting, and overall business strategy.

Flexible revenue rules

Determine how and when revenue is recognised for a particular item by creating as many rules as needed for your business and set up complex revenue recognition schedules. Methods supported include time, milestone, and usage-based recognition.

Real time revenue insights

Access detailed revenue reports segmented by product, region, and customer, drill down into transaction-level data for further analysis and create dashboards and reports customised to your requirements.

Manage compliance

Mitigate the risk of non-compliance penalties and legal liabilities. ARM conducts automated compliance checks, facilitates the generation of compliant financial statements and offers support for multiple accounting standards such as ASC 606 and IFRS 15.

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Unburden your finance team with ARM

  • Adaptable by design

    However your company has opted to recognise revenue, ARM can adapt to your businesses unique revenue recognition preferences.

  • Automate tedious tasks

    Take advantage of automations based on predefined revenue recognition schedules, revenue allocation rules, and contract terms to reduce risk.

  • Free up time

    Adopt a more automated, compliant revenue recognition process and spend less time on manual and more time enabling growth.

NetSuite transformation stories

Direct from Annexa customers

Global jurisdiction
across multiple subsidiaries
Product used
NetSuite
Annexa became really interesting, really quickly for us because of their work with many of our digital peers, including REA, Airtasker, and Carsales.
Chris Mitchell
Chief Financial Officer, Canstar
Read full case study
Unified operations
across financials & operations
Products used
NetSuite
SuiteCommerce (B2B & B2C)
Our board of directors are connecting every quarter, with project managers working more closely with Annexa as we roll out further initiatives.
Paul Siu
B&T manager, Life-Space Group
Read full case study
Rapid growth
from 2 retail stores to 16, in 2 years
Products used
NetSuite
SuiteSuccess
Shopify Plus Integration
Vend POS integration
You can't do these sorts of projects if you don't have the technical capability. Annexa has that.
Tez Osman
Director (Information Technology), Linen House
Read full case study
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Why choose Annexa?

At Annexa, we combine deep Oracle NetSuite ERP expertise with a practical, people-first approach. We work alongside your team to deliver implementations that are built to last and designed to evolve as your business grows.

  • Over a decade as a leading Oracle NetSuite Solution Provider across Australia and New Zealand
  • Proven delivery across complex ERP implementations, integrations and multi-entity environments
  • A structured implementation methodology shaped by real-world customer outcomes
  • One of the most highly certified NetSuite teams in the region, spanning finance, technical and integration specialists
  • Ongoing optimisation and advisory services to help customers keep extracting value from NetSuite

Collaboration sits at the centre of how we work. We build long-term partnerships with our customers, acting as an extension of their team to support growth, change and continuous improvement.

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Frequently asked questions

What is NetSuite Advanced Revenue Management (ARM)?

It’s specialised module within the NetSuite platform for managing complex revenue recognition processes. It provides robust capabilities for automating revenue recognition, ensuring compliance with accounting standards such as ASC 606 and IFRS 15.

How does NetSuite ARM facilitate revenue recognition?

NetSuite ARM automates revenue recognition processes, allowing businesses to define custom recognition rules and schedules. It supports various recognition methods, including time-based, milestone-based, and usage-based, for accurate and timely recognition of revenue.

Can NetSuite ARM handle diverse revenue recognition scenarios?

Yes, NetSuite ARM is highly adaptable and can accommodate a wide range of revenue recognition scenarios. Whether businesses deal with subscription-based revenue, project-based revenue, or complex contractual arrangements, NetSuite ARM offers the flexibility to meet their specific needs.

What are the key features of NetSuite ARM?

NetSuite ARM provides comprehensive features for revenue recognition, including customisable recognition rules, automated revenue allocation, audit trails for compliance, and robust reporting capabilities. It also offers real-time visibility into revenue streams and ensures adherence to accounting standards.

How does NetSuite ARM support compliance with accounting standards?

NetSuite ARM includes built-in controls and validation checks to ensure compliance with accounting standards such as ASC 606 and IFRS 15. It helps businesses generate accurate financial statements and provides audit trails for transparent revenue recognition practices.