A cryptocurrency is a form of digital money that can be purchased online without having to use banks or other go-betweens. The use of digital money such as Bitcoin is on the rise as is the number of available options. The rise of the crypto industry and the specific needs of companies providing this digital money requires specific functionality for ERP systems. Learn more about how Caravel Partners is filling these needs in the ERP space for crypto companies.
- General Ledger
- Revenue Management
Invoice to Pay.
- Vendor Management
- Vendor Billing & Payments
- Expense Reporting
Invoice to Cash.
- Customer Master
- Customer Invoicing
- Customer Receipts
- 3rd Party Crypto Exchange Rates
- Crypto Wallet Details
- Crypto-Based Segments and Associated Reporting
- Cryptocurrency Exchange Rates
- Wallet Tracking / Reporting
SuiteBundle Setup & Configuration
Caravel’s NetSuite Crypto SuiteBundle is included in your implementation and is easily configured by our experienced consulting team. Here are some examples of the setup and configuration which is relevant to the crypto industry. Click on each picture below to see the full image.
Our Cryptocurrency SuiteBundle is built directly into NetSuite to supplement the functionality needed to run a cryptocurrency business. Implementation of our
Cryptocurrency SuiteBundle can occur during or post NetSuite base implementation.
Option to set up cryptocurrencies as transactional currencies in NetSuite. These can be leveraged AP and AR-type transactions.
Currency Exchange Rate
When leveraging cryptocurrencies as transactional currencies, we’d bring in the currency exchange rates daily so that the exchange rates in NetSuite are live and up to date.
The alternative to transacting in crypto in NetSuite, we can leverage a NetSuite segment to be able to slice & dice the reports based on currency.