Localization for germany
Local financial solutions for your company
Oracle NetSuite provides an excellent foundation for financial accounting, but to operate efficiently and legally in Germany, more than standard functions are needed. This is where our localization expertise comes in: as an experienced NetSuite partner, we assist national and international companies with subsidiaries in Germany in precisely integrating their operations into the ERP landscape.
German financial requirements precisely implemented
We ensure that all central requirements, from bank reconciliation to dunning and preliminary VAT returns, are seamlessly met by the financial processes.
Our localization solutions at a glance:
- Dunning level procedure
- Collective invoice
- X-invoice and ZugFerd
- Audit-proof document archiving
- Import of salary and wage data from Datev (Lodas)
Global accounting: HGB, IFRS & US GAAP
For internationally operating companies, we map different accounting standards such as HGB and US GAAP in parallel across multiple general ledgers:
- Multi-book functionality for simultaneous mapping of different standards
- Consolidation and comparability of international financial statements
Compliance and data locations under control
In addition, we support you in the consistent adherence to national and international compliance requirements, both technically and procedurally. This particularly concerns the implementation of so-called data residency requirements, as required in many regulated industries or by customer specifications:
- Storage of sensitive company and customer data on servers within Germany or the EU
- Selection and connection of GDPR-compliant hosting options
- Securing data access according to German data protection law
At the same time, we ensure that your NetSuite environment meets global standards such as the US Sarbanes-Oxley Act (SOX). This includes:
- Control mechanisms for the traceability of financial processes
- Audit-proof logging of business-critical processes
- Transparent role and authorization concepts for your users
Your advantage: local security, global integration
Our goal: a NetSuite environment that meets your local requirements as well as your global ones. This turns your ERP system into a stable bridge between international standards and national legislation: efficient, secure and fully integrated.
Ready for your digital development?
With NetSuite as your ERP solution and Primus Solutions AG at your side, you create the foundation for sustainable business success. We bring the necessary know-how to make your processes more efficient, scalable and future-proof - in partnership and with a strategic view.