SAN JOSE, Calif., May 18, 2016 /PRNewswire/ -- NETSUITE
SUITEWORLD -- NetSuite Inc. (NYSE: N), the industry's leading
provider of cloud-based financials / ERP and omnichannel commerce
software suites, today announced that the worldwide specialist
professional recruitment company PageGroup, trading under the
brands of Michael Page, Page
Personnel and Page Executive, has selected NetSuite OneWorld to
help transform its global financial operations. PageGroup will work
with systems integrator RSM UK to replace multiple instances of
Unit4 Coda, and a separate instance of Microsoft Dynamics AX, with
NetSuite OneWorld. This will allow PageGroup to better manage
mission critical business processes including accounting; global
financial consolidation; reporting; budgeting and analytics;
multi-currency management for 30 different currencies; and
multi-subsidiary management for 90 different legal entities across
35 countries – all within one single system.
Founded in London in 1976 as a
placement agency for qualified accountants, PageGroup has delivered
40 years of strong organic growth and is now a FTSE 250 company
with more than 5,800 employees and annual revenues of over £1
billion. As it has grown, PageGroup's on-premise financial systems
have grown with it, ultimately leaving the company with a mixture
of ERP solutions and associated systems and processes. PageGroup
has recognized that there is a strong opportunity to migrate to a
single cloud-based solution that will allow the definition and
delivery of more efficient and consistent global finance processes,
and the provision of better and faster management information.
Why NetSuite OneWorld?
After a comprehensive evaluation that included solutions from
Microsoft, Unit4, SAP, and others, PageGroup selected NetSuite
OneWorld for:
- A single cloud solution with a broad range of global financial
capabilities, including support for 190 currencies, 20 languages
and automated tax compliance in over 100 countries, to run complex
and mission-critical business processes across its head office and
its business units spread across the globe.
- Global financial consolidation with real-time visibility across
all PageGroup's 90 legal entities with one single unified financial
system of record and financial reporting across the entire
enterprise.
- NetSuite's cloud infrastructure aligns with PageGroup's efforts
to move toward cloud-based applications, removing the need to
support and maintain on-premise software and opening the
opportunity to expand a shared services model.
- An intuitive and modern user interface that can reduce training
time and help PageGroup's employees to operate more efficiently and
maximize their potential.
- Rapid deployment that can enable PageGroup to get up and
running with NetSuite OneWorld across the globe, speeding up time
to value.
- The agility, scalability and flexibility needed to help enter
new markets, expand operations and grow revenue.
"We're intent on simplifying and modernizing our global
financial system to better support our finance team, our
recruitment consultants, and ultimately our clients and
candidates," said Mark Hearn, Group
Services Finance Director at PageGroup. "NetSuite OneWorld offers a
modern and comprehensive solution that we anticipate can be quickly
and easily rolled out to all our offices around the world."
"Large global enterprises like PageGroup are seeing the huge
advantages that NetSuite cloud ERP can provide," said Mark Woodhams, SVP and Managing Director of
NetSuite EMEA. "We welcome PageGroup to our customer ranks and look
forward to helping to support their future growth."
The project to implement NetSuite across PageGroup's global
finance operations will be led and run by RSM UK, a leading
international professional services firm and NetSuite system
integrator. Chris Knowles, RSM UK's Head of Technology
Consulting said, "We are delighted to have been appointed by
PageGroup to lead the project to implement NetSuite as the standard
finance platform across their organisation. For PageGroup this is
an opportunity to leverage NetSuite's integrated cloud ERP platform
to improve core finance processes, generate efficiencies and
provide significantly better management reporting. We look forward
to using our deep NetSuite and finance improvement skills to help
them achieve this."
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 enterprise-ready
cloud business management suites of enterprise resource planning
(ERP) and ecommerce 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 suites to businesses
around the world, enabling them to lower IT costs significantly
while increasing productivity, as the global adoption of the cloud
accelerates.
RSM
RSM is the UK's seventh largest firm of audit, tax
and consulting services with revenues of almost £300m a year. The
firm has 3,400 partners and staff operating from 35 locations
throughout the UK.
RSM International is the sixth largest network of independent
audit, tax and consulting firms, encompassing more than 120
countries, 760 offices and more than 38,000 people. The network's
total fee income is $4.64bn.
About PageGroup (www.page.com)
PageGroup (formerly known as Michael Page International) is one of
the world`s best-known and well-respected professional recruitment
consultancies. Established 40 years ago in the United Kingdom, we now span 153 offices in 35
countries. We are a leading provider of permanent, contract and
temporary recruitment for clerical professionals, qualified
professionals and executives.
Through organic growth we have become a FTSE 250 company with
more than 5,835 employees globally. We operate a consultative
approach to professional recruitment combining local know-how with
global expertise, to find the best fit between client and
candidate.
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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.