Glossary

Liquidity ratio (also known as “quick ratio” or “acid-test ratio”) is a metric demonstrating a debtor’s ability to pay current debts without acquiring capital. This KPI is used to gauge financial fidelity over the short term.

Management discussion & analysis is a required statement included in quarterly or annual financial reports explaining the reasoning and strategy that contributed to performance. This section represents the opinions of leadership and is intended to boost the confidence of stakeholders and potential investors. 

Match bank data is the process of reconciling financial transactions recorded in an organization's accounting records with the corresponding transactions reported by the bank or financial institution.

Milestone billing, also known as phased billing, is a payment structure that bills clients based on the completion of steps in a project or process. Milestone billing is a useful model for enhancing cash flow because payments are collected as thresholds are met rather than at the beginning or end of a cycle.

Monthly Recurring Revenue (MRR) is a metric used by subscription-based businesses to track and measure their predictable, recurring revenue streams on a monthly basis.

NetSuite AI (Artificial Intelligence) refers to the integration of AI technologies and capabilities within NetSuite's suite of cloud-based business management software.

NetSuite Advanced Revenue Management (NetSuite ARM) is a module in the NetSuite ERP platform designed to help businesses manage and automate complex revenue recognition processes.

NetSuite offers a wide range of customizable dashboards that provide users with real-time visibility into key performance indicators (KPIs), metrics, and business insights across various areas of their organization.

NetSuite HR and Payroll is a comprehensive suite of cloud-based software solutions designed to streamline and automate human resources and payroll processes within organizations.

NetSuite OCR (Optical Character Recognition) is a technology that converts computer images into machine-readable text.