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NetSuite NEXT Scorecard

Assess where your current data, processes, and controls are ready to accelerate results with an AI-integrated ERP like NetSuite, and where you need to strengthen your foundation to unlock greater value. 
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Month-end takes us more than 7 days from the final day of the month. *
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We still perform reconciliations manually in spreadsheets. *
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We consistently record restating entries or allocations after the close. *
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We still handle recurring tasks in our ERP manually. *
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We do not use AI tools to inform decision making. *
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We don’t automate approvals (POs, invoices, expense reports) with rules or AI-driven suggestions. *
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We have identified data accuracy issues but have not remediated the processes causing them. *
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We rely primarily on spreadsheets instead of system‑based tools. *
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We do not formally define or regularly review roles, permissions or Segregation of Duties. *
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We lack a change‑control process for system configuration, automations/scripts, or integrations once we go live. *
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On Aug. 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022, sweeping legislation addressing healthcare, climate change and renewable energy incentives, and inflation, among other priorities. A much slimmer version of the President’s Build Back Better proposals, the Act is the result of significant and lengthy negotiations within the Democratic caucus aimed primarily at gaining the support of Senators Manchin and Sinema.

In addition to its numerous tax provisions targeting renewable energy and renewable energy investment – explored in this overview by our Renewable Energy team

The Act contains several other significant tax provisions that businesses should note, including:

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