NetSuite Advanced Revenue Management (ARM) is a module in the NetSuite suite that automates revenue forecasting, allocation, recognition, reclassification and auditing processes.
ARM provides automated revenue arrangements and plans, eliminating manual errors.
NetSuite ERP includes ARM, which integrates with existing modules like accounting, sales order management and inventory. Additionally, it’s compatible with third-party ERP and finance systems.
How to become a NetSuite Arm certified professional?
NetSuite certification allows you to demonstrate your expertise on this cloud-based ERP platform, increasing both your career opportunities and clients’ trust in your abilities.
To become NetSuite Arm certified, you need a certain level of training and experience using the system. The most effective way to begin is with our NetSuite: Finance Fundamentals course followed by at least three months of accounting or finance experience.
Certifications not only enhance knowledge and skills, but they can also lead to an increase in salary in an increasingly competitive job market. Indeed, 68% of NetSuite professionals hold certifications, and our Salary Survey recently revealed that over 50% of businesses that hired them reported seeing an increase in salaries after obtaining a certification.
NetSuite’s Revenue Recognition Module (ARM) offers a comprehensive solution for automating and streamlining revenue recognition processes. It helps finance teams improve productivity, visibility, accuracy, and compliance through automated calculation, reporting, and dashboards that allow for ongoing monitoring.
Preparing for the exam
The NetSuite Arm certification is an invaluable way to progress your career as a NetSuite professional and set yourself apart from other professionals, potentially increasing your earning potential.
Preparing for the exam with NetSuite can be done in many ways. Attend training courses and use their study guides and sample tests as a starting point.
At the end of every financial year, you can take our free annual release quiz to stay current on software releases. This will consist of multiple-choice questions based on NetSuite release notes for that year.
If you want to become a certified NetSuite developer, the initial step is completing the SuiteCloud Developer preparation course. This will give you essential product knowledge that is necessary for passing the actual exam.
Exam day
Exam day is the culmination of all your hard work and a crucial element in the certification process. How you perform on this day can make all the difference between an impressive result and one that falls short.
It is essential to keep stress at bay during this period. Devouring time for relaxation, eating nutritiously and drinking plenty of water will enable your body and brain to perform at their best, giving you the best preparation for the exam.
You should take into account the weather on exam day and dress accordingly. Even if the test room is air-conditioned, it could still be warm outside – so be sure to bring along a jacket or sweater just in case! Doing so will keep you from becoming overheated during your examination.
Candidates at the testing center will be provided with a calculator, erasable note board and pen to use throughout their exam. However, they must not remove these items during this time and must abide by all Prometric testing policies and procedures.
After the exam
The NetSuite Arm certification is an invaluable opportunity for those entering the cloud computing realm. Not only will it give you an edge over competitors, but it’ll also look nice on your resume with that shiny badge showing off!
You could take on the challenge of a 1-on-1 NetSuite training session to learn the software on your own time. These are usually more affordable than taking an online course, however they tend to have lower pass rates.
The NetSuite ARM award is an easy task that only takes a short amount of time to complete. Not only is the process enjoyable, but it will give you a deeper understanding of the software than ever before. Plus, you’ll have access to experts who can share their insight and assist in reaching your objectives.
Deepak Wadhwani has over 20 years experience in software/wireless technologies. He has worked with Fortune 500 companies including Intuit, ESRI, Qualcomm, Sprint, Verizon, Vodafone, Nortel, Microsoft and Oracle in over 60 countries. Deepak has worked on Internet marketing projects in San Diego, Los Angeles, Orange Country, Denver, Nashville, Kansas City, New York, San Francisco and Huntsville. Deepak has been a founder of technology Startups for one of the first Cityguides, yellow pages online and web based enterprise solutions. He is an internet marketing and technology expert & co-founder for a San Diego Internet marketing company.