Finance Infrastructure for Connected Device CompaniesRun the Whole Path From Components to Shipped Device on One System

A connected-device company carries what software companies do not: bills of material, component inventory, contract manufacturers, and a supply chain that determines whether each unit ships at margin. That needs a real operational ERP, not a finance-only tool. Zanovoy implements multiple partners for hardware and device IoT companies around inventory, manufacturing, and device unit economics, then supports it as you scale production.

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Trusted by Industry Leaders

Pin Oak Terminals
AMP
Braya Renewable Fuels
sema4
Endo
C4Therapeutics
San Joaquin Renewables
Kiromic
AmeriCrew
Cornerstone Midstream
Ocelot Energy Management
Blossomhill Therapeutics
Easton Energy
Biogen
Nova Energy
Minerva Neurosciences
Piedmont

Where Device Companies Get Stuck

You Can See Revenue, but Not What It Actually Costs to Build and Ship a Unit

The majority of expanding hardware companies use a single system for their finances and separate tools or spreadsheets for inventory and production. When production is scaling, the true unit cost and margin remain unknown since the two never reconcile.

01

Inventory and COGS live outside the books

When component stock, work in progress, and finished goods are tracked separately from the general ledger, the cost of goods sold is an estimate. You find out what a build run really cost after it is done, not while you can still act on it.

02

Supply chain runs blind to the financials

Purchase orders to contract manufacturers, component lead times, and landed costs sit in email and spreadsheets. Finance reacts to what was spent instead of seeing commitments as they are made.

03

Hardware and software revenue don't add up in one place

A device that ships with a subscription or data plan has two revenue streams that need different handling. A system built for one or the other forces finance to bridge the gap by hand.

Book a Finance Stack Review

The Right Platform for a Physical Operation

We Build Around Inventory, Manufacturing, and Device Margin, Not a Finance-Only Ledger

We do not hand device companies a flat list of applications, and we do not force a finance-only tool to run a supply chain it was never built for. We map how you source, build, ship, and bill, then build the stack around the system that fits.

NetSuite for IoT

NetSuite unifies inventory, manufacturing, procurement, order management, and accounting in a single system. It provides real-time visibility into costs, margins, inventory, and revenue, making it an ideal platform for companies that build and ship physical products.

Explore NetSuite

Ramp for IoT

For operating spend and corporate cards, Ramp gives finance real-time visibility into expenses as they happen, with policy and approvals built in, so non-production spend is controlled without heavy procurement overhead.

Explore Ramp

Avalara for IoT

Selling physical devices creates sales-tax and transaction-tax obligations across states and jurisdictions. Avalara calculates, monitors, and reports them automatically and keeps current as rates and product-category rules change, so a growing hardware footprint does not become a manual tax problem at quarter close.

Explore Avalara

Abacum for IoT

For planning, Abacum lets a lean finance team build models quickly and run real-time variance against live operating and production data, so forecasting stays a function the existing team owns rather than a reason to hire.

Explore Abacum

Power BI for IoT

For production and inventory analytics, Power BI reads from NetSuite so leadership sees build, stock, and margin trends without exporting data by hand. It fits naturally where the team already runs on the Microsoft stack, turning live operational data into the dashboards that show where cost and throughput are moving.

Explore Power BI

Why Device Companies Work With Us

Finance-Led Advisors Who Understand Hardware Unit Economics

Most IT firms can stand up a database but do not understand bills of material, landed cost, or why margin per device is the number that determines whether a hardware business is healthy. Our teams come from accounting and systems backgrounds and approach your operation from the finance seat.

01

We Tell You When a Lighter Tool Won't Carry Your Operation

We earn a commission on the platforms we implement, but our priority is putting you on the right solution. If your business involves inventory, manufacturing, and shipping, you need an operations platform, not just a finance tool, and we’ll tell you that directly.

02

Built Around Your Supply Chain, Not a Generic Chart of Accounts

We configure inventory, BOM structures, manufacturing workflows, and costing to match how you actually build and ship, so the system fits a first production run and still holds at scale.

03

Inventory, Manufacturing, and Costing Expertise

Component tracking, work-in-progress costing, landed cost, and device margin are the core of the work here, not a generic ERP rollout with the hardware specifics left for you to sort out.

04

Integration Across the Stack

We connect contract manufacturers, billing, spending, analytics, and any device-subscription billing to NetSuite through direct integrations so the data moves on its own and unit margin is visible without manual gathering.

05

Audit Readiness From Day One

We set up clean records and traceable inventory and revenue from the first month, so a board update, a lender request, or a diligence round is a query, not a fire drill.

06

One Team Through Selection, Build, and Support

The people who advise on the platform are the people who implement it and the people who support it afterward.

A 30-minute conversation about your operation, not a sales demo.

Start with a Conversation

120+

Professionals on the Financial Transformation Team

80+

Companies supported through IPO

1,000+

 Implementations delivered across 5 continents

200+

Customizations built for enterprise clients

500+

Integrations built across the platform ecosystem

5+

 Continents served

How the Engagement Runs

Cost and Margin per Device You Can See While You Can Still Act on It

 01. Platform Selection & Fit

We map how you source, build, ship, and bill, then confirm the right configuration, including an honest read on whether your operation needs the full NetSuite platform or a lighter setup would suffice. You get a requirements document and a decision rationale.

 02. Implementation & Customization

We build the inventory structure, bills of material, manufacturing workflows, costing, and chart of accounts around how you actually produce and migrate clean data off your prior systems.

 03. Integration

We connect contract manufacturers, billing, spend, analytics, and device-subscription billing to NetSuite through direct integrations, so production and revenue data flow automatically instead of through manual entry.

 04. Managed Services & Support

After go-live we support the monthly close, tune inventory and manufacturing configuration as production scales, and manage integrations so a lean finance team does not need to hire a dedicated NetSuite admin.

Bring your current setup. We'll map an honest path from where you are.

Map your Path Forward

Testimonials

What Device Company Leaders Say About Working With Zanovoy

Renewed managed services for 5 more years
Biotech, NetSuite + Coupa managed services
Zanovoy consistently demonstrates deep technical expertise and a strong understanding of our operational needs. They don't just maintain our systems, they actively look for ways to enhance performance and streamline workflows. Given the strength of this partnership, we renewed for another five years.
David Pieters
VP, Finance & Corporate Controller, Biotheryx
8-year NetSuite + Coupa partnership
Pharmaceutical group, multi-entity finance
Over eight years managing our NetSuite and Coupa environments, Zanovoy has consistently delivered. Their team is highly responsive, detail-oriented, and brings a practical understanding of finance and IT system alignment, helping us evolve and optimize as our business has grown.
Lana breygina
Senior Finance Systems Manager, Roivant
Spend visibility and procurement control
Midstream energy, Coupa implementation
The Zanovoy team brought strong expertise, clear communication, and a practical approach that kept the project moving efficiently. We now have improved visibility into spend, more streamlined procurement, and better control across our operations.
Brent Worthy
CFO, Clearfork Midstream
Reporting, visibility, and controls in one rollout
Midstream energy, NetSuite implementation
Zanovoy demonstrated a deep understanding of our industry from the outset. The implementation was well-structured, transparent, and professionally executed. Since going live, NetSuite has significantly improved our financial visibility, streamlined reporting, and strengthened internal controls.
Catherine Bain
Chief Accounting Officer, Cardinal Midstream
NetSuite + Planning & Budgeting, delivered
Energy/infrastructure, full finance transformation
Zanovoy brought a high level of expertise and structure to the project, ensuring a smooth and efficient implementation. Their team took the time to understand our financial processes and reporting requirements, which resulted in a solution that was well-aligned with our business needs.
Rodrigo Campos
Corporate Controller, Third Coast
Delivered on an accelerated timeline
Oil & gas, NetSuite implementation
Zanovoy was selected for their deep expertise in oil and gas and their track record on accelerated timelines. From day one, the team demonstrated a strong understanding of our industry and operational requirements. The implementation was executed with precision, organization, and efficiency. Overall the speed of delivery consistently exceeded our expectations
Paweł Rozkrut
CFO, Avenir Energy
Stronger finance operations, continuity across systems
Nonprofit, finance systems and process support
Zanovoy provided technical expertise and strategic guidance across our finance systems and processes. Their team demonstrated a strong understanding of our operational needs and delivered with professionalism, responsiveness, and attention to detail. They remained focused on outcomes — helping us improve efficiency, strengthen our financial operations, and ensure continuity across our systems.
Alpha Conteh
CFO, Center for Reproductive Rights
FAQ

Questions Leaders Ask Before Signing

Straight answers. No sales language.
We're an IoT company but mostly sell software and data. Is this the right page for us?
Maybe not. If your business carries components, inventory, and shipped hardware, NetSuite is the right anchor and this page is for you. If you are a platform or software only with no inventory, an AI-native finance platform like Rillet or Campfire fits better, and our IT & Software page covers that build. The deciding factor is whether you run a physical operation, not your size or stage. We will sort out which fits on a call.
We can see revenue but not true cost per device. How does this fix that?
By bringing component stock, work in progress, finished goods, and the general ledger into one system, NetSuite reports COGS and margin per device off live data instead of reconciled spreadsheets. A build run's real cost is visible as it happens, including landed component cost, so you can act on a margin problem during production rather than discovering it after. We configure the costing to match how you actually build.
Can NetSuite handle bills of material, multi-location inventory, and contract manufacturers?
Yes. NetSuite manages BOMs, multi-location inventory, work orders, and procurement to contract manufacturers natively, which is the core reason it fits a hardware operation over a finance-only tool. We set up the inventory, manufacturing, and costing structure to match how your supply chain actually runs so production and financials come from the same source.
What does post-implementation support cover?
Monthly close support, configuration tuning as production scales and you add products or facilities, and integration management. It is built for lean finance teams that want NetSuite expertise on call rather than a full-time internal hire, so the system keeps pace as your volume and supply chain grow.
From Components to Shipped Unit

Talk to an IoT Advisor. Not a Sales Rep

Book a strategic consultation with our finance systems team. We will review how you source, build, ship, and report on your devices, then map an honest path to the right configuration. If your IoT business is software only, we will point you to the AI-native platforms that fit it instead.