SAN MATEO, Calif., Feb. 17, 2016 /PRNewswire/ -- NetSuite Inc.
(NYSE: N), the industry's leading provider of cloud-based
financials / ERP and omnichannel commerce software suites, today
announced that Dent Wizard International, the leading B2B provider
of SMART automotive reconditioning services in North America, has implemented NetSuite
OneWorld to power innovation and business growth. Dent Wizard is
using NetSuite OneWorld to manage mission-critical business
processes, including financial consolidation, inventory management
and multi subsidiary management for its fleet of 1,000 service
vehicles and three subsidiaries in the U.S. and Canada. With NetSuite OneWorld, Dent Wizard
has significantly reduced demands on IT resources and gained
operational efficiency even as the company undergoes rapid growth,
with revenue up 60 percent since it went live on NetSuite OneWorld
in early 2012. With more than 1,800 employees, 1,500 of whom
are field service technicians, the NetSuite platform has given Dent
Wizard the scalability it needed to eliminate massive amounts of
labor-intensive manual processes, while increasing electronic
invoicing by more than 30 percent. Dent Wizard now processes more
than 1.8 million invoices per year and has streamlined financials
and operations while positioning itself to continue innovating and
growing atop NetSuite OneWorld.
After it was acquired in 2010 by a private equity firm, Dent
Wizard needed to transition off its legacy IT environment,
including its on-premise ERP and custom accounts receivables and
payroll applications running on an IBM AS/400. After evaluating
on-premise solutions including Microsoft Dynamics GP (Great Plains)
and Epicor, Dent Wizard turned to NetSuite cloud ERP for:
- a broad range of functionality to run complex and
mission-critical business processes across multiple subsidiaries on
the same platform;
- speed of implementation and time to value;
- a platform that removes the burden of having to manage upgrades
and servers and dealing with version lock issues;
- real-time visibility into and control of its business across
all business entities and subsidiaries through a single version of
the truth;
- the agility, scalability and flexibility to support business
growth.
In addition, the NetSuite SuiteCloud development platform
provides the capabilities to deliver robust integrations and
customizations to meet Dent Wizard's unique business
requirements.
"NetSuite gives us a platform for growth and scalability, and
from an IT infrastructure standpoint—we don't have to manage
servers," said Tammy Conner, Dent
Wizard Chief Information and Accounting Officer. "NetSuite has
enabled us to run a very lean IT department, and that makes our
organization much more efficient. Our people are happy with
NetSuite and routinely evaluate how we can optimize the solution
for our business."
With NetSuite OneWorld, Dent Wizard has been able to:
- increase its revenue 60 percent across North America.
- gain new flexibility to both win business with new customers
and expand services supplied to existing customers, including
paintless dent removal, minor paint repairs, bumper repair,
cosmetic wheel repair, interior repair, and key programming and
replacement.
- efficiently process roughly 1.8 million invoices per year, many
of those filed by field service technicians using its Wizard Pro
mobile invoicing application on mobile devices, which integrates
directly with NetSuite.
- increase electronic invoice processing by 30 percent.
- give key technicians in the company's key division the ability
to manage tools and key-related equipment through NetSuite
inventory management.
- gain competitive advantage in such areas as using NetSuite's
open API for integration and data exchange, gaining efficiency and
making its offerings more attractive to customers.
"There's a lot of competition in the cosmetic reconditioning
space. Using technology as a differentiator is a key pillar within
Dent Wizard's core values," Conner said. "NetSuite enables us
to be an innovative company long-term by allowing us to focus
on our business vision rather than system capabilities."
About Dent Wizard
Dent Wizard International has been the leader in the development
of Paintless Dent Removal (PDR) technology since its establishment
in 1983, and today is North
America's leading provider of SMART Repairs (Small to Medium
Area Repair Techniques). Dent Wizard provides on-site
reconditioning services and products to the automotive industry
through its relationships with dealerships, auto auctions, rental
companies and insurance companies. Services include: PDR; minor
paint; wheel repair; chip and scratch repair; bumper repair;
headlight brightening; interior repair; key programming and
replacement; exterior blackout; and hail damage repair. Dent Wizard
also offers Ding Shield®, Ding Shield Preferred and Ding Shield
Signature, service plans sold through dealership F&I
departments. An affiliate of Gridiron Capital, a leading global
private equity investment firm, St.
Louis-based Dent Wizard operates throughout the United States and Canada. For more information, please visit
www.dentwizard.com
Today, approximately 30,000 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 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 service marks of
NetSuite Inc.
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SOURCE NetSuite Inc.