NetSuite, the industry's
leading provider of cloud-based financials / ERP and omnichannel
commerce software suites, announced that Kaisa Consulting and
Questronix Corporation, two leading IT strategy and implementation
consultancies in greater Manila, have joined the NetSuite Solution Provider
program.
The partnership with NetSuite allows these
two partners, for the first time, to modernize their existing product
portfolios including Oracle, SAP, Microsoft and IBM by adding NetSuite’s
cloud-based business management suite. With NetSuite, both Questronix
Corporation and Kaisa Consulting are able to meet the growing demand for a
comprehensive suite of cloud-based solutions spanning ERP, CRM and ecommerce
that is architected specifically for the cloud versus antiquated systems based
on client-server technology that lack flexibility, create a hairball of
integration challenges, and require ongoing maintenance, a huge IT staff and
on-going IT costs.
Big Chill Chief Operating Consultant Rusty Lemon with James Datow and Jan Pabellon, both NetSuite executive |
Another company joins NetSuite is Big Chill,
a fast-growing food and beverage retailer with 60 shops in the greater Manila
area, has deployed NetSuite OneWorld to support the company’s growth and
expansion plans. The retail chain is relying on NetSuite OneWorld to better
manage its mission-critical business processes, including financials, inventory
management, fixed asset management, order management, procure-to-pay and
warehousing – all without a huge IT staff and within one unified business
management solution. Big Chill expects this modernization effort to give them
the business agility, visibility, flexibility and scalability that cannot be
found in its previous on-premise system to support its business growth and
expansion.
“We
feel like we’re upgrading from an archaic on-premise solution into a modern,
luxury suite with NetSuite. The reporting flexibility and ability to add
modules to the product as we expand are tremendous,” said
Rusty Lemon, Chief Operating Consultant at Big Chill.
NetSuite Executives with Coca-Cola Foundation Philippines Executives. |
Also Coca-Cola Foundation also joins
NetSuite. It is founded since 1987 and helped improve access to education,
clean water and economic opportunity to hundreds of thousands of Filipinos. Upgrading
to NetSuite, Coca-Cola Foundation Philippines is able to run its core business
processes – all within one integrated software system and without a dedicated
IT staff. As a result the nonprofit organization has gained process automation,
and real-time visibility into critical business metrics not possible with its
previous software to better fulfill its mission of socioeconomic improvement.
“NetSuite is helping us operate more
efficiently so that we can put our time and energy into making a meaningful
difference in the lives of underprivileged Filipinos,” said Cecilia Alcantara,
President at Coca-Cola Foundation Philippines. “Using NetSuite, we are able to
significantly preserve resources for our projects, and the new software gives
us the ability to clearly present the value of our work and the donations we
receive to our stakeholders.”
Lastly Far Eastern University (FEU), with
28,000 students on campuses in Manila and Makati City, Philippines, also
implemented NetSuite OneWorld to support its mission-critical financial
processes, including accounting, inventory management, fixed assets and
purchasing. By replacing an outdated on-premise application for general ledger
and accounts payable and numerous excel sheets for reporting with NetSuite
OneWorld, FEU (www.feu.edu.ph) is
realizing the benefits of faster, more efficient financials based on
real-time data, anywhere, anytime access to critical business information, and
gaining greater control and visibility, building a foundation for growth.
Before NetSuite OneWorld, FEU struggled with
its on-premise application that provided limited visibility into critical
information. After examining competing applications, FEU selected NetSuite
OneWorld because of the lower cost, greater functionality and its rich
customization capabilities.
Going live on NetSuite OneWorld in April
2012, with an implementation by Softype, a global NetSuite Solution Provider,
FEU has since taken advantage of the features and benefits NetSuite OneWorld
has brought:
• Flexible
reporting capabilities to better explore and understand key data.
• Procure-to-pay
functionality as part of its standard financials package.
• Cut
monthly financial close times significantly, from 16 days to 5 days.
• Gain
access to real-time financial data on demand, compared to the oncea-month reports it was able to generate
with its previous solutions.
• Streamline
tax reporting to meet the requirements of the Philippine Bureau of Internal
Revenue (BIR).
• Greatly
improve purchasing efficiency and visibility with almost 700 suppliers,
replacing what had been manual paper-based purchase orders, check-writing and
other processes.
“The improved efficiency of financial
reporting is one of the major benefits we’ve realized with NetSuite OneWorld,”
said Juan Miguel Montinola, CFO at FEU. “NetSuite gives us access to vital data
anytime and anywhere, that’s been invaluable in transforming the finance and
accounting teams from mostly consolidating numbers to now properly analyzing
them”.
Today, more than 20,000 companies and
subsidiaries depend on NetSuite to run complex, mission-critical business
processes globally in the cloud. Since its inception in 1998, NetSuite has
established itself as the leading provider of enterprise-class cloud ERP suites
for divisions of large enterprises and mid-sized organizations seeking to
upgrade their antiquated client/server ERP systems. NetSuite excels at
streamlining business operations, as demonstrated by a recent Gartner study
naming NetSuite as the fastest growing top 10 financial management systems
vendor in the world. NetSuite continues its success in delivering the best
cloud ERP/financial suites to businesses around the world, enabling them to
lower IT costs significantly while increasing productivity, as the global adoption
of the cloud accelerates.
Follow
NetSuite's Cloud blog, NetSuite's Facebook page and @NetSuite Twitter handle
for real-time updates.
For
more information about NetSuite, please visit www.netsuite.com.
NOTE: NetSuite and the NetSuite logo are registered
service marks of NetSuite Inc.
Companies really need systems that are very efficient to save on time and money. Streamlining of tax reports to meet the requirements of the BIR is a great service offered, because who wants to go back and forth just to complete the requirements, not to mention the filing process?
ReplyDeleteThis seems beneficial for businesses that need this type of service. Almost everything is being done on the cloud and though I don't have a business I use the cloud for my own personal needs.
ReplyDeleteI'm sure they're really one of the best in the industry kasi ang daming big organizations that they are working for. I hope the new partnerships translates to new jobs for Pinoys as well!
ReplyDeleteYay to new partners and more jobs in the future.
ReplyDeleteMy friend works for Net Suite and I think she's part of the volunteer/outreach arm. It's nice that Net Suite always gives back to the community.
A lot of savings in time and effort for the company, filing documents is really difficult if it should be done in the office while attending to other company issues. Good thing that NetSuit take all the responsibility to the system, it will be more easy for the companies to organize their system and, I'm sure it'll give more job opportunities for talented Filipinos.
ReplyDeleteA lot of savings in time and effort for the company, filing documents is really difficult if it should be done in the office while attending to other company issues. Good thing that NetSuit take all the responsibility to the system, it will be more easy for the companies to organize their system and, I'm sure it'll give more job opportunities for talented Filipinos.
ReplyDeleteict really is making everything easier and more efficient. i just hope that as technology advances, we will likewise advance in character and love for the country.
ReplyDeleteThese are promising partnerships. Hopefully, their continued success can attract even more partners who require such business solutions.
ReplyDeleteNet Suite is really doing good and is being trusted by a lot of companies!
ReplyDelete