NetSuite Enhances OneWorld Cloud Business Platform
The additions expand support into more than 100 countries with configurable tax compliance, support for 20 languages and 190 currencies, and multi-subsidiary management. OneWorld can be applied to business-to-business, business-to-consumer and “business-to-anything” transactions across electronic commerce, in-store, telesales and social channels. It operates in conjunction with the vendor’s SuiteCommerce Advanced application. The global tax engine includes indirect tax calculation and reporting capabilities, while providing tax-audit file generation in multiple formats. The tool’s multi-subsidiary management capabilities provide the foundation for deployment of a legal business structure on a global basis, NetSuite said. NetSuite OneWorld is accessible on Apple and Android devices from anywhere with a Web browser and internet connection.