Top Countries and Companies for Outsourcing a NetSuite Controller

NetSuite is a comprehensive software suite that can manage financials, customer relations, and e-commerce. However, to fully leverage its capabilities, companies often require the expertise of a specialized NetSuite controller. 

These experts oversee and manage financial processes, ensuring the software is used to its full potential. But they can also be hard to find locally, given the high demand and specific skill set required. 

As a result, many businesses are turning to outsourcing to access top talent without geographic constraints. 

This article will examine some of the reasons you might need an outsourced NetSuite controller, the best countries to hire from, and 10 providers that can help you add them to your team. 

What Is NetSuite?

NetSuite is cloud-based enterprise resource planning (ERP) software that delivers a broad array of functionalities. Established in the late 1990s, NetSuite (originally NetLedger) was one of the first platforms to offer ERP services over the internet. 

In 2016, Oracle acquired the company, further cementing its reputation as a robust and sophisticated tool for business management. It offers integrated applications, including:

• Accounting
• Financial planning
• Customer relationship management (CRM)
• Inventory management
• Human resources

By offering a single, unified platform, NetSuite helps businesses manage their various functions without the need for multiple disparate systems. 

Why Outsource NetSuite Accounting?

Here are some of the reasons why companies choose to outsource their NetSuite accounting functions:

Cost effectiveness

Hiring a full-time, in-house NetSuite controller can be expensive, especially when you factor in salary, benefits, and overhead. Outsourcing allows you to access top-tier talent at a fraction of the cost.

For example, the average annual salary for a controller in Latin America (LatAm) is $42,000, less than one-third of the US average of $130,000. 

Access to skilled, cross-industry expertise

Outsourced controllers often come with extensive experience across various industries. This diverse expertise can provide valuable insights and innovative solutions. 

Focus on core business operations

By outsourcing complex and time-consuming NetSuite accounting tasks, your internal team can redirect its focus to core business functions, driving growth and innovation. 

Assistance with scaling the business

An outsourced partner can easily adapt to the evolving needs of your growing business. Whether you’re scaling operations up or down, they provide the flexibility necessary to support your company’s trajectory. 

Reliable financial reporting

Outsourcing ensures that your financial reports are accurate, timely, and compliant with relevant industry regulations. This reliability is critical for stakeholders, investors, and long-term strategic planning. 

Improved decision-making

With accurate and well-organized financial data, you can make more informed business decisions. Outsourcing your controller role helps ensure you have access to high-quality information and actionable insights. 

Optimized financial processes

NetSuite controllers can identify inefficiencies and implement best practices to optimize your financial processes, resulting in smoother operations and fewer errors. 

Reduced time to close

Outsourced NetSuite controllers are adept at managing month-end and year-end close, often reducing the time it takes to finalize financial statements. This can provide a more timely view of your company’s financial health. 

Enhanced quality of financials and reporting

By leveraging the expertise of seasoned professionals, you can enhance the quality of your financial records and reporting. This not only ensures compliance with accounting standards but also provides a solid foundation for strategic and operational planning. 

5 Countries Where You Can Outsource NetSuite Controller Roles

Certain countries have emerged as top destinations for outsourcing NetSuite controller roles due to their skilled workforce, cost effectiveness, and robust infrastructure. 

Here are five countries where you can find excellent candidates. 

1. Argentina

Argentina is rapidly gaining a reputation for its tech-savvy workforce and strong educational system. Major companies like Ceven, the country’s leading tech wholesaler, are powered by NetSuite, meaning many Argentine professionals have experience with the ERP platform. 

Its similar time zone and high English proficiency level also make Argentina a top candidate for finding outsourced NetSuite controllers. 

2. Brazil

Brazil boasts the largest economy in LatAm and has a well-developed tech industry. The country produces a steady stream of highly qualified accountants and financial professionals who are adept at using NetSuite. 

Additionally, Brazil’s business culture and work ethic align well with US standards, making it a strong candidate for outsourcing. 

3. Mexico

Our southern neighbor has long been an outsourcing hub due to its proximity and large pool of English-speaking professionals. Mexican accountants and financial experts are well versed in NetSuite and often have direct experience working with major US companies. 

The country’s robust infrastructure and stable economic environment further enhance its attractiveness as an outsourcing destination. 

4. India

India remains a premier outsourcing destination because of its cost advantages and huge pool of available candidates. 

Its mature outsourcing industry ensures you can trust Indian NetSuite controllers to provide high-quality services, though US businesses will have to deal with a large time zone difference and adapt to asynchronous work conditions. 

5. The Philippines

The Philippines has become an outsourcing powerhouse due to its large English-speaking workforce and a strong emphasis on education and training. Like with India, however, time zone differences need to be taken into consideration.

Top 10 Companies for Outsourcing a NetSuite Controller

We’ve compiled a list of 10 companies that can help you hire an outsourced NetSuite controller. It includes—in no particular order—both specialized accounting firms to directly contract and recruiting agencies that can help you hire the perfect remote NetSuite controller to fit your needs.

1. Near

First up, it’s us! At Near, we’ve built a pool of over 35,000 highly skilled, English-speaking professionals who are ready to work. With our thorough screening process and technical assessments, we know exactly which accountants and controllers have experience with NetSuite. 

2. Deloitte

Deloitte is one of the Big Four accounting firms, renowned for its global professional services network. As an Oracle partner, it offers comprehensive outsourcing solutions, including skilled NetSuite controllers. 

3. KPMG

Another Big Four giant, KPMG provides a wide array of audit, tax, and advisory services. Its expertise in NetSuite and other ERP platforms ensures that businesses receive high-quality financial management and reporting. 

4. Randstad

Randstad is a leading global provider of HR and staffing solutions. The company specializes in connecting businesses with highly skilled accounting and finance professionals, including those with NetSuite experience. 

5. Robert Half

Robert Half is a well-established staffing agency specializing in finance and accounting. It provides both full-time and project-based professionals, including NetSuite experts. Known for its rigorous screening process, Robert Half ensures you connect with candidates who can effectively manage your NetSuite ERP system. 

6. Accenture

As a NetSuite partner, Accenture has decades of experience providing digital, cloud, and security services powered by the comprehensive ERP suite. Its finance and accounting outsourcing services include NetSuite implementation and management. 

7. PwC

PwC (PricewaterhouseCoopers) is another member of the Big Four, offering comprehensive audit, assurance, and consulting services. PwC’s expertise in NetSuite and global network of professionals make it a reliable choice for outsourcing financial roles. 

8. Anderson Frank

Anderson Frank is a leading recruitment agency specializing in NetSuite professionals. It provides customized staffing solutions for roles ranging from administrators to financial controllers. With a deep focus on the NetSuite ecosystem, Anderson Frank ensures you find highly qualified candidates for any specific role. 

9. ORBA

ORBA specializes in remote CFO services but also offers outsourced NetSuite accounting for various needs. Whether you’re looking for implementation cleanup, inventory management, or full-time controller support, ORBA is a great partner. 

10. Upwork

Upwork is one of the largest freelance platforms in the world, offering a diverse pool of professionals. Businesses can find and hire experienced NetSuite controllers for limited projects or ongoing contracts. The user-friendly interface and extensive freelancer network make it easy to find the right talent for your specific needs. 

Final Thoughts

Even if your internal accounting team is familiar with NetSuite, it can be hard to find a candidate to take on the duties of a financial controller. It is a complex role, and outsourcing can provide expertise, cost savings, and flexibility. 

By partnering with the right company, you can enhance the quality of your financial reporting, streamline your accounting processes, and ensure reliable decision-making. 

Ready to discuss hiring a NetSuite controller for your business? Book a free, no-commitment call with Near today to explore our pool of exceptional LatAm candidates. 

Frequently Asked Questions

What qualifications should I look for in a NetSuite controller?

When hiring an outsourced NetSuite controller, you should look for candidates with a strong background in accounting and specific experience with the NetSuite ERP system. A certified professional accountant (CPA) or equivalent certification is often advantageous (and sometimes required). 

How do I ensure data security when outsourcing my financial operations?

Ensure the outsourcing provider has robust data protection policies, complies with international data security standards, and uses secure communication channels. Additionally, consider implementing non-disclosure agreements (NDAs) and regularly review data security practices to keep up with emerging threats.

How can I manage time zone differences when working with an outsourced NetSuite controller?

Consider outsourcing controllers located in nearby countries to maximize the number of overlapping working hours. You can also use project management software, videoconferencing, and instant messaging to facilitate real-time communication. 

What is the typical onboarding process for an outsourced NetSuite controller?

Onboarding a NetSuite controller generally starts with a detailed needs assessment to understand your specific requirements. Once a candidate is hired, they undergo systems training and become familiarized with company policies, and communication protocols and channels are set up.