Netsuite Norway Localization App
RC Norway makes Netsuite compliant to Norwegian legislation, adds functionality often requested by Norwegian customers, and digitizes and automates Norwegian-specific processes to free up time for your employees.
Oracle Netsuite delivers excellent features for financial management, inventory and supply chain management, and more through robust cloud-based services developed over several decades.
However, Oracle Netsuite, being developed in an international context, is not compliant with Norwegian and Danish legal requirements out-of-the-box. The software suite is missing central functionality and customizations typically required by Norwegian and Danish companies. Today these gaps are usually bridged by manual and time-consuming customization for each Netsuite customer.
Therefore, Ratio Management is developing RC Norway, a Netsuite Norway Localization app, to make the process of becoming compliant an easy-click-and-install process. In addition to addressing the compliance issue, the app will include functionality often requested by Norwegian customers, and it will digitize and automate Norwegian-specific processes to free up time for your employees. The RC Norway Netsuite Norway Localizationis to be released within 2021.
RC Norway Solutions
To simplify the processes of sending invoices in three different ways; EHF, email, and print
To make Dunning compliant with Norwegian regulations and common practices
Functionality for bank response files. Payment files including due date. Best practice setup of Bank Reconciliation
ELMA Register Integration
Automatically fill in electronic invoicing details if available in the Norwegian ELMA register, as well as Customer and Vendor information from the Brønnøysund register.
Solutions to be Developed
Approval Workflow (pilot completed)
Easy to configure functionality for approving supplier invoices as per customer authorization matrix
Payroll file integration (to be developed)
Automatically import standard payroll files (including all payroll postings) from the local payroll software
Manage Custom Declerations
Registration of Custom decleration
Altinn integration for VAT (to be developed)
To simplify the processes of submitting VAT report to Altinn