SAN JOSE, Calif., May 17, 2016 /PRNewswire/ -- NETSUITE
SUITEWORLD 2016 — NetSuite Inc. (NYSE: N), the industry's
leading provider of cloud-based financials / ERP and omnichannel
commerce software suites, today announced that Aspect Software, a
leading provider of fully-integrated consumer engagement, workforce
optimization, and self-service solutions, has implemented NetSuite
OneWorld to unify its worldwide operations on a single, cloud-based
platform. Aspect implemented NetSuite OneWorld in June 2015 to replace numerous on-premise legacy
systems which had been heavily modified to run the company's global
business operations. Aspect uses NetSuite for financials, billing,
revenue recognition, multi-currency transactions in 61 currencies,
multi-subsidiary management in 23 countries, project management,
resource management, time-and-expense management, inventory
management and analytics. An early adopter of NetSuite
SuiteBilling, Aspect is able to run business processes from order
to billing and revenue recognition with complete control and
auditability.
Aspect Software defined the modern call center with the world's
first intelligent Automatic Call Distributor in 1973. Since then,
Aspect has grown into a global leader in customer engagement center
architecture, self-service and workforce optimization technologies.
Today, Aspect has over 1,800 employees located in 41 offices around
the world. Aspect serves over 2,000 global companies who manage
over 100 million customer interactions on a daily basis.
The company's mission to help its customers build and sustain
stronger relationships with their customers was constrained by a
cluttered mix of aging on-premise legacy systems. As Aspect's own
business shifted to deliver greater value to customers through the
cloud, the constraints of the legacy, on-premise ERP systems became
clear.
"Moving to NetSuite OneWorld allowed us to streamline our global
processes on a unified platform that scales with our growing,
evolving business," said Jim Haskin,
Aspect CIO. "And it's helping us open the doors to new
innovation."
NetSuite OneWorld supports more than 100 countries with
configurable tax compliance, support for 20 languages and 190
currencies, and multi-subsidiary management, enabling NetSuite
customers to transact in more than 200 countries and dependent
territories around the world. NetSuite OneWorld supports Aspect's
worldwide growth and innovation by providing:
- Real-time global financial consolidation. NetSuite OneWorld
gives Aspect real-time visibility across all of its subsidiaries,
with a single financial system of record.
- A unified billing and revenue recognition system, synchronizing
complex processes from order to billing to revenue
recognition.
- Superior inventory management that enables Aspect to better
plan for how much inventory it needs, track the movement of goods,
and meet customer demand much more quickly.
- Breadth of functionality designed for modern businesses,
enabling the company to streamline mission-critical business
processes and improve operational efficiency.
- A highly scalable system, with the ability to quickly and
easily add functionality as a business evolves.
- Built-in business intelligence that provides real-time insights
into key business performance indicators for a unified view of the
organization, and delivers a single version of truth.
- A flexible and agile platform, the NetSuite SuiteCloud
Platform, that easily enables the company to customize NetSuite to
meets its business requirements and to integrate with other
third-party systems to meet its industry needs.
"We have undertaken an enormous transformation of our own
business by shifting to a cloud delivery model for our own customer
solutions, and by delivering innovative services to a wider range
of industries," Haskin said. "NetSuite OneWorld provides the power
and flexibility we need to achieve our vision."
Haskin, Aspect Software's Chief Information Officer, appeared
onstage today with NetSuite's President and Chief Operating Officer
Jim McGeever at SuiteWorld 2016,
NetSuite's annual conference for customers, partners and industry
thought leaders being held this week in San Jose, Calif. A link to the live webcast of
the SuiteWorld 2016 keynote address will be available at
www.netsuite.com, or on NetSuite's social media pages on Twitter
and Facebook.
NetSuite OneWorld, winner of the 2015 Software & Information
Industry Association (SIIA) CODiE Award for Best Financial
Management Solution and the 2015 UK Cloud award for ERP Product of
the Year, provides a unified and cloud-based suite of software that
is flexible enough to meet the needs of diverse business models,
legal structures and geographies. Customers like Misys based in the
UK, HP Software and American Express Global Business Travel in the
US, and Scoot, a wholly-owned subsidiary of Singapore Airlines in
Singapore, are turning to NetSuite
OneWorld for advanced capabilities to manage their complex business
processes across subsidiaries, countries and continents. NetSuite
OneWorld supports 190 currencies, 20 languages and automated tax
compliance in more than 100 countries, and transaction in more than
200 countries.
Today, more than 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 cloud-based
financials/enterprise resource planning (ERP) and omnichannel
commerce software applications for businesses of all sizes. Many
FORTUNE 100 companies rely on NetSuite to accelerate innovation and
business transformation. NetSuite continues its success in
delivering the best cloud business management software 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. Third-party trademarks mentioned are the property of
their respective owners.
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SOURCE NetSuite Inc.