Balkan Services has developed and successfully implements the NetSuite cloud-based ERP solution localization package for the Republic of Serbia, which fully complies with the Serbian accounting standards and legislation. Our company is an official Oracle NetSuite partner since 2015 and has a “Solution Provider” status, which gives us the right to implement the software in 6 countries in the Balkans, including on the territory of the Republic of Serbia. Balkan Services has also developed a localization for NetSuite ERP for Bulgaria.
With over 20 000 companies in more than 200 countries that use Oracle NetSuite, this is the world’s most preferred cloud-based ERP system.
This solution allows you to manage and optimize all key business processes in the company with just one system.
NetSuite ERP is a suitable ERP solution for companies operating within a given country and for international organizations with offices in different countries. In order to work with the business management system in different countries, you need to configure the system according to the local legal and accounting requirements.
The localization package for the Republic of Serbia covers:
Automatic update of the exchange rates to Serbian Dinar in the system using actual rates from the official NBS website, immediately upon their publishing by the NBS.
Delivery-cost allocation folders—an extension of the NetSuite “Landed Cost” standard functionality with the ability to merge multiple delivery documents and several documents for accompanying expenses, adjustments according to the exchange rates and cost allocation on the source delivery documents.
It's too hard to cover the big picture through different systems. That's why we've decided to deploy a modern ERP system that integrates as much as possible all business processes and all of our companies."