When developing a game, there is a need for creativity, and there is more to it than just needed creativity. There has to be a business focus behind each successful game as it requires proper management and planning of finances. Now this is where the Oracle NetSuite ERP makes it very easy. A NetSuite partner in India is available to assist studios in implementing a cloud ERP strategy to maximize profits and eliminate confusion. 

Let’s go over how Oracle NetSuite Cloud ERP assists game developers in automating business processes, managing finances, and growing without restrictions.  

1. Effortlessly Handling Various Sources of Income: 

For example, game developers have their revenue streams from the sale of the game, in-game purchases, advertising, and subscriptions. All of these can be very annoying to manage without any automation. Oracle NetSuite ERP incorporates all components into a unified ERP system. It is no longer necessary to use a variety of tools for financial tracking. NetSuite automates the process of revenue recognition, so microtransactions, royalties, and digital sales are accurately accounted for.  

2. Enhancing Financial Management Efficiency: 

Game studios work with budgets, payrolls, taxes, payments to vendors, and other finances. All aspects of financial management are improved when a NetSuite implementation is set in place. With NetSuite’s accounting software, expenses, revenues, and taxes are all recorded automatically. Tailored workflows to meet the specific business needs provided by a solution provider that specializes in NetSuite is key if you wish to eliminate the chaos.  

3. Seamless Monitoring of In-game Purchases: 

Modern gaming is fueled by in-game transactions. Billions are spent globally on skins, weapons, and power-ups as microtransactions. Fortunately, NetSuite cloud ERP overcomes this hurdle with ease. A NetSuite partner in India develops reporting solutions for improved inventory management of intangible assets.  

4. Readjusting Supply Chain & Inventory Dealing with Game Selling Merchandise:  

Game studios are not limited to producing games alone; they are in the business of selling merchandise too. It monitors stock levels, places orders automatically, and efficiently manages distribution to various countries. This can be achieved with the help of a NetSuite consulting team.