The Missing Piece of Your NetSuite Close
Nadia Lodroman • 2 December 2025
Listen to Tresora and Ledgeron's chatting about this blog post:
Why High-Growth Finance Teams Are Adding Oracle Account Reconciliation
If you are running NetSuite, you likely chose it for its agility. It’s a fantastic cloud ERP that scales with your business, handles complex multi-subsidiary structures, and gives you a single source of truth for your general ledger.
But there is a phenomenon I see constantly with my clients who run NetSuite: The ERP is modern, but the Month-End Close is stuck in the past.
While NetSuite holds the data, the actual work of reconciling that data—matching bank transactions, verifying balance sheet accounts, and substantiating variances—is often happening outside the system. It’s happening in a sprawling web of Excel spreadsheets, shared drives, and email threads.
As a consultant who has spent 20 years in the trenches of Accounting, I know that "spreadsheet fatigue" isn't just annoying; it’s a risk to your business.
This is where Oracle Account Reconciliation (ARCS)
comes in. Many NetSuite
users assume Oracle EPM
tools are only for massive enterprises running Oracle ERP. That is a misconception. ARCS is a "best-of-breed" solution that pairs perfectly with NetSuite
to close the gap between your GL and your financial statements.
Here is why adding Oracle ARCS to your NetSuite environment is a strategic game-changer, not just a software purchase.
1. Shift from "Data Entry" to "Data Analysis"
The biggest drain on a Controller’s team is the manual ticking and tying of high-volume transactions. Whether it's credit card processors, bank files, or intercompany transactions, your highly skilled accountants are likely spending days just trying to get the data to match.
The value of ARCS isn't just that it "matches" data; it’s that it automates the obvious.
By automating the 80-90% of transactions that match perfectly, your team stops acting like data entry clerks and starts acting like analysts. They walk in on Day 1 of the close with the heavy lifting done, focusing only on the exceptions that actually require their judgment. The benefit?
You shave days off your close cycle without hiring more headcount.
2. Visibility is the Cure for Anxiety
In a manual Excel-based close, if the CFO asks, "How far along are we on the Asia-Pacific close?", the Controller usually has to send three emails and check a shared tracker that might not be up to date.
ARCS replaces that anxiety with a dashboard. It provides real-time visibility into the status of every single reconciliation across the globe. You know immediately which accounts are open, which are late, and who is holding up the process.
This isn't just a "nice to have" feature; it is governance. It transforms the close from a black box into a transparent, managed business process.
3. "Audit-Proofing" Your Balance Sheet
We all know the panic of a year-end audit when a sample is requested for a reconciliation from nine months ago. In the Excel world, you are digging through archived folders, hoping the supporting PDF was saved correctly and that the formulas in the spreadsheet haven't broken since then.
Oracle ARCS acts as a digital vault. The reconciliation, the methodology, the approval timestamp, and the supporting documentation are all stored in one secure, cloud-based record.
The value here is confidence. When auditors arrive, you aren't scrambling. You are providing them with a login (or a report) that shows a pristine, unalterable audit trail. It turns a stressful compliance exercise into a non-event.
4. Employee Retention (Yes, really)
We are in a talent shortage. Skilled accountants are hard to find and harder to keep. If your bright, ambitious Senior Accountant is spending three days a month manually matching CSV files in Excel, they are going to burn out.
By implementing a tool like ARCS, you are telling your team that you value their time and their intellect. You are giving them modern tools that eliminate the drudgery, allowing them to focus on the strategic work they studied to do.
The Bottom Line
NetSuite is the engine of your business, but you shouldn't ask it to do everything. By pairing it with Oracle Account Reconciliation, you get the best of both worlds: the agility of NetSuite for your daily operations, and the specialized power of Oracle EPM to secure and accelerate your close.
You have already moved your ERP to the cloud. It’s time to move your reconciliations there, too.
Are you a NetSuite
user struggling with high-volume reconciliations? Let’s discuss how a targeted implementation of Oracle ARCS can transform your next month-end. Contact me at nadia@lodroman.com
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