SuiteSuccess Financials First and SuiteSuccess for Wholesale
Distribution Industry Deliver Faster Time to Value and Increased
Efficiency, Flexibility and Customer Success
LONDON, Oct. 16, 2017 /PRNewswire/ -- NEXT READY
BUSINESS TOUR 2017 - Oracle NetSuite, one of the world's
leading providers of cloud-based financials / ERP, HR,
Professional Services Automation (PSA) and omnichannel
commerce software suites, today announced the availability of
SuiteSuccess, one of the first unified industry cloud solutions,
for companies based in the UK and Ireland. SuiteSuccess delivers to customers
leading industry practices, pre-built KPIs and dashboards, and a
path to the cloud in as little as 100 days. The SuiteSuccess
Financials First Edition and SuiteSuccess for Wholesale
Distribution Industry Solution are the first SuiteSuccess solutions
to be offered in the regions.
"SuiteSuccess has already proven to be incredibly popular with
our customers and extremely valuable," said Jim McGeever, Executive Vice President Oracle
NetSuite. "We've entirely reimagined how to implement, support and
optimise a cloud business solution. We're pleased to now bring the
first industry cloud solution to our customers in the UK and
Ireland and introduce Financials
First, our latest edition."
SuiteSuccess is the culmination of a multi-year transformation
effort to combine the NetSuite unified suite, 20 years of industry
leading practices, a new customer engagement model, and business
optimisation methods into a unified, industry cloud solution.
SuiteSuccess was engineered to solve unique industry challenges
that historically have limited a company's ability to grow, scale
and adapt to change. Most ERP vendors have tried to solve the
industry solution problem with templates, rapid implementation
methodologies, and custom code. NetSuite took a holistic approach
to the problem and productised domain knowledge, leading practices,
KPIs, and an agile approach to product adoption. The benefits are
faster time to value, increased business efficiency, flexibility,
and greater customer success. To learn more about SuiteSuccess,
please visit www.netsuite.com/suitesuccess.
The four key pillars of SuiteSuccess are:
- BUILD. A complete suite to support the modern business
including ERP, CRM, PSA, omnichannel commerce, HR, and Business
Intelligence (BI) built on the NetSuite cloud platform, continually
updated with leading edge capabilities and technologies to support
all eight industries.
- ENGAGE. Leading practices for each industry and role
including workflows, KPIs, reports, dashboards and metrics, with
the flexibility to personalise on the NetSuite platform from the
initial sales contact to ongoing support. With these leading
practices, value is added at each stage of engagement.
- CONSUME. Intelligent staged approach via NetSuite's
industry 'stairway' allows companies to consume capabilities based
on their business needs. Re-imagined consumption model drives
faster time to value, better ROI and greater user adoption.
Companies can now go from zero to cloud in as little as 100
days.
- OPTIMISE. Customers benefit from continuous engagement,
updated leading practices, new feature releases, value added
SuiteCloud partners, and movement up the stairway. Customers are
also always on the latest release.
Financials First Provides Foundation for Cloud
Expansion
The Financials First SuiteSuccess edition, available today,
allows companies to quickly and easily transition from their legacy
financials system to NetSuite's cloud-based platform. With more
than 40,000 organisations and subsidiaries as customers, NetSuite
has extensive experience with moving companies across all sectors
to the cloud. With Financials First, businesses can automate
financial processes, speed month-end close, improve reporting and
gain real-time visibility into the true financial status of the
organisation – in as little as 100 days.
Financials First includes pre-defined roles, KPIs, dashboards
and workflows, all designed with finance departments in mind. Of
specific importance to UK and Ireland-based companies, the Financials First
Edition also includes fixed assets electronic payments, enabling
automated payments to reduce payment processing times, improve
payment accuracy and timeliness and automated tracking of fixed
assets to account for depreciation.
With a foundation in place for financials, customers can then
progress through the NetSuite 'stairway', adding modules such as
inventory management, ecommerce or industry-specific features.
NetSuite customers running Financials First that plan to expand
globally are immediately able to take advantage of NetSuite's
OneWorld global capabilities. NetSuite OneWorld supports 190
currencies, 20 languages, automated tax calculation and reporting
in more than 100 countries, and customer transactions in more than
200 countries, enabling businesses to quickly and easily set up new
subsidiaries.
SuiteSuccess for Wholesale Distribution Jump Starts Cloud
Transitions in the UK, Ireland
One of the first SuiteSuccess solutions developed, SuiteSuccess
for Wholesale Distribution is now available for customers in the UK
and Ireland. It gives wholesale
distributors a structured, agile path to the cloud enabling them to
quickly and easily add features and modules as their business
grows.
The key components of SuiteSuccess for Wholesale Distribution
include:
- Tailored roles with built-in workflows specific to
wholesale distribution such as supply chain manager, warehouse
operations and AP analyst.
- Industry leading best practices built into the system
spanning inventory utilisation and visibility, order orchestration
and more.
- More than 150 Pre-built KPIs and reports, giving
wholesale distributors real-time insight into the business from Day
1.
About Oracle NetSuite
Oracle NetSuite pioneered the
Cloud Computing revolution in 1998, establishing the world's first
company dedicated to delivering business applications over the
internet. Today, Oracle NetSuite provides a suite of cloud-based
financials / Enterprise Resource Planning (ERP), HR and omnichannel
commerce software that runs the business of companies in more than
100 countries. For more information, please visit
http://www.netsuite.com.
Follow NetSuite's Cloud blog, Facebook page and @NetSuiteEMEA
Twitter handle for real-time updates.
About Oracle
The Oracle Cloud offers complete SaaS application suites for ERP,
HCM and CX, plus best-in-class database Platform as a Service
(PaaS) and Infrastructure as a Service (IaaS) from data
centers throughout the Americas, Europe and Asia. For more information about Oracle
(NYSE:ORCL), please visit us at oracle.com.
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