Oracle NetSuite Partner of the Year 2024
NetSuite partner for Germany and the DACH region. HGB for the tax office, IFRS for the group, in one system.
Cloudmaven is a certified Oracle NetSuite Solution Provider and one of the few partners in DACH authorized by Oracle for NetSuite Multi-Book Accounting. Our experience includes more than 100 new NetSuite implementations. We work with companies in Germany, Austria and Switzerland, including German entities inside international groups. If your finance team closes locally under HGB while the group reports under IFRS or US-GAAP, that is the problem we solve.
HGBfor the tax office
IFRSfor the group
One set of transactions
- HGBfor the tax office
- IFRSfor the group
- One set of transactions
Who we work with
Three company types in Germany, Austria and Switzerland. We treat DACH as one market, with our own entities in Berlin and Olten, and deliver projects in German as well as English.
The local entity of an international group
Reporting locally in Germany, Austria or Switzerland while the group consolidates elsewhere.
The DACH company expanding abroad
Adding legal entities and currencies faster than the finance processes can absorb them.
The company outgrowing DATEV or Excel
Migrating off DATEV, an on-premise ERP or spreadsheets, onto a system built for multi-entity reporting.
When the ERP no longer reflects the group structure
Two sets of books. One set of transactions. No spreadsheet in between.
A German GmbH inside an international group reports under HGB, the German Commercial Code, for its statutory accounts and tax filings. The group consolidates under IFRS or US-GAAP. Both sets of numbers are real, both are required, and they are not the same numbers.
The usual workaround is to keep one set of books in the ERP, run the group’s standard on top of it, and reconcile the difference offline every month. That turns month-end into a project rather than a process, and it puts the reconciliation in the hands of whoever built the spreadsheet.
NetSuite Multi-Book Accounting removes that workaround. It maintains parallel sets of books, each with its own accounting standard, currency and fiscal calendar, generated from a single set of underlying transactions. Post once, and it lands correctly under HGB for the German entity and under IFRS or US-GAAP for the group. No second entry. No offline reconciliation.
Ask any shortlisted partner one question. Are your consultants Oracle-authorized for Multi-Book? The answer narrows the list quickly.
German and Swiss compliance, scoped from day one
A NetSuite implementation for a German entity has to account for the requirements below from the start, not as a later add-on. This is project capability, built into how we scope and deliver, rather than a packaged localization module.
Three credentials, and what each one actually buys you
40 of our consultants hold NetSuite certifications across ERP consulting, financial management and system administration. Three of those credentials change what a partner can actually deliver.
Oracle NetSuite Partner of the Year 2024
Oracle named Cloudmaven NetSuite Partner of the Year 2024. The two credentials beside it show what that means in a project.
NetSuite Authorized Multi-Book Consultant
Oracle restricts Multi-Book Accounting implementation to consultants it authorizes directly. Cloudmaven holds that authorization. A partner without it cannot implement Multi-Book, whatever the proposal says.
Certified Oracle NetSuite Solution Provider
Licensing, implementation and ongoing consulting come from one contract and one partner, instead of a licence reseller on one side and an implementation firm on the other. We also hold NetSuite Certified ERP Consultant status.
Cloudmaven in Figures
16+
Locations worldwide (Europe, EMEA, America, Asia)
30+
Countries in which we operate
120+
consultants and engineers
350+
satisfied customers
600+
projects
References from the DACH region
NetSuite proof: Scenic
Scenic is our reference for NetSuite Multi-Book Accounting in production. The project covers multi-book reporting, an intercompany framework with reconciliation, global tax and localization, complex revenue recognition built from historical data, and automated consolidation and elimination. Read the case study.
Clients across the DACH region
These are clients across our broader ERP, EPM and integration portfolio. Not all of them run NetSuite.
Experience inside large German groups, on other systems
We also have direct experience inside large, multi-entity German groups running systems other than NetSuite. At Hasenkamp, approximately 900 employees across 20 legal entities, we implemented Perk expense management, connected to Exact ERP. At AMANN, approximately 2,700 employees across 19 countries, we implemented Perk for travel and expenses, connected to SAP. Both show what we already know about running finance inside a group of this size.
What we deliver
Approach and timeline
A typical project runs 3 to 8 months, with one point of contact from the first evaluation call to go-live and a named support consultant after the first close. Your finance team can plan the close, the audit and its staff around that range.
01
ERP evaluation and scoping
We map your entity structure and reporting requirement before anyone talks about modules.
02
Design, including Multi-Book setup where applicable
Parallel books, accounting standards, currencies and fiscal calendars are designed here, not retrofitted later.
03
Configuration and data migration
Chart of accounts, cost centers and history move across, from DATEV, on-premise systems or spreadsheets.
04
Testing and user training
Delivered in German as well as English, so the local finance team is trained in its working language.
05
Go-live and stabilization
We support the first close in the new system. Once it is signed off, our Customer Success Team takes over with a named support consultant, during CET business hours.
FAQs
Is Cloudmaven a certified NetSuite partner?
Yes. Cloudmaven is a certified Oracle NetSuite Solution Provider and holds Oracle’s authorization for NetSuite Multi-Book Accounting. Both statuses can be verified against Oracle’s own partner directory.
Can NetSuite handle HGB and IFRS in parallel?
Yes, through NetSuite Multi-Book Accounting. It maintains separate sets of books under different accounting standards, currencies and fiscal calendars, generated from one set of transactions, so a German entity can close under HGB while the group consolidates under IFRS or US-GAAP without a manual reconciliation.
Does NetSuite support GoBD and the German E-Rechnung mandate?
NetSuite can be configured to support GoBD-compliant record-keeping and the Verfahrensdokumentation that goes with it, and to handle E-Rechnung, including the XRechnung and ZUGFeRD formats. This is scoped as part of implementation for a German entity, not delivered as a separate product.
Is there a DATEV interface for NetSuite?
Yes. Cloudmaven has built and delivered DATEV integrations for NetSuite, and we also handle migrations for companies moving off DATEV entirely as they grow into a multi-entity structure.
How long does a NetSuite implementation take?
It depends on entity count, data migration scope and whether Multi-Book Accounting is in scope. As a guide, a typical project runs 3 to 8 months. We give you a specific range after the initial evaluation call, not before.
Can Cloudmaven support the German subsidiary of an international group?
Yes. We work directly with the German or DACH entity, in German and English, while keeping group finance informed of scope, timeline and how local requirements are being handled.
Can Cloudmaven provide NetSuite licences?
Yes. Our Oracle NetSuite Solution Provider status includes licence resale, so licensing, implementation and ongoing consulting can run through a single contract with us.
Your contact in the DACH region
Project teams are German-speaking and support runs during CET business hours. You have one point of contact from evaluation to go-live and a named support consultant after it.
Germany
Cloudmaven GmbH
Pappelallee 78/79, 10437 Berlin, Germany
+49 160 99059410
Switzerland
Cloudmaven AG
Hübelistrasse 26, CH-4600 Olten, Switzerland
+41 77 212 24 28
Tell us your entity structure. We will tell you honestly whether we are the right partner.
Send us your reporting requirement and the shape of your group. If NetSuite is the wrong answer for you, that is a faster conversation for both of us.