SAN MATEO, Calif., May 18, 2016 /PRNewswire/ -- NetSuite Inc.
(NYSE: N), the industry's leading provider of cloud-based
financials / ERP and omnichannel commerce software suites, today
announced that Sanitary Care Products Asia (Sanicare), the premiere
manufacturer of home and facial paper products in the Philippines, has implemented NetSuite to
support and fuel its rapid business growth. Sanicare replaced
Microsoft Dynamics GP, multiple Excel spreadsheets and manual
processes with one single instance of NetSuite. Now, Sanicare is
using NetSuite to run mission-critical business processes across 22
sales offices including financials, order management, reporting,
shipping, bill of materials, multi-location inventory management,
and multicurrency management in Philippine Peso and Indonesian
Rupiah. Sanicare can also gain the scalability needed to manage
high order and invoice volume, as well as operational efficiency,
and the agility to get the system up and running rapidly while
having a real-time view into its business performance. NetSuite's
flexible and agile SuiteCloud Platform can also enable Sanicare to
build industry specific functionality, in addition to EDI
integrations with its retail partners, streamlining their order
fulfillment process.
Sanicare was founded in 1996 and has experienced significant
growth in recent years. Prior to NetSuite, Sanicare used Microsoft
Dynamics GP, but the system could not keep up with the rapid pace
of the company's expansion. The software would freeze up under high
order volume, and was not properly integrated with separate
inventory systems. This created costly inventory imbalances because
Sanicare could not adequately account for raw materials and
finished goods shipments. The lack of integration among Sanicare's
business systems made reconciling orders and managing relationships
with suppliers a grueling, time-consuming process. A warehouse
fire, which damaged the on-premise ERP servers, added to the
company's data woes.
As Sanicare's brands gained traction through corporate and
institutional clients, as well as independent retail channels, the
company looked into on-premise solutions. But after careful
evaluation, Sanicare selected NetSuite to manage its growing
business. Working with NetSuite partner CloudTech, Sanicare
implemented NetSuite in six months. Because NetSuite offers
end-to-end ERP with financial and inventory data unified in a
single system, Sanicare has complete control over the value chain
and visibility across all its locations. The resulting efficiencies
have helped to decrease order processing times, reduce the number
of hours spent on financial analysis, and improve leadership's
ability to monitor profitability and results in real-time.
"Before NetSuite, we did not have a comprehensive view of our
business, only islands of information," said Ven Sio, President at Sanicare. "The control we
now have over our raw materials and finished goods is critical to
our continued growth."
NetSuite is vital to Sanicare's continued success because of the
wide range of business benefits it can deliver, including:
- Efficient order management that provides streamlined processing
of 20,000 invoices and 2,000 payables per month, enabling the
company to decrease the days needed to generate financial
statements from 10 days to five.
- Financial management which seamlessly manages relationships
with 1,000 vendors.
- NetSuite's broad range of functionality designed for modern
businesses, enabling the company to streamline mission-critical
business processes and improve operational efficiency.
- A highly scalable system for growth, with the ability to
quickly and easily add new subsidiaries and functionality as the
business grows.
- 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.
- Inventory management that provides visibility into stock levels
and when to replenish, helping to avoid out-of-stock or over-stock
issues.
- The agility, scalability and flexibility needed to help enter
new markets, expand operations and grow revenue.
- Multi-location inventory management that gives Sanicare
insights into 3,000 SKUs across its branch and satellite
locations.
- NetSuite's flexible and agile SuiteCloud Platform, which
enabled a custom EDI integration built by partner CloudTech, which
has significantly reduced a time-consuming and manual order-entry
process for some of Sanicare's biggest resellers, including SM,
PUREGOLD, Robinsons, Waltermart, and Ever Gotesco.
By moving to the NetSuite cloud, Sanicare's vital records and
data-driven relationships are no longer at risk from fire or other
disaster events. The solution grows as Sanicare's needs grow,
including the demand planning capabilities Sanicare will soon
activate to further refine its production schedules.
"We now have the tools to understand how our business is
performing at all times, from the largest retail store down to the
smallest shops," Sio added.
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.