SAN MATEO, Calif., July 31, 2014 /PRNewswire/ -- NetSuite Inc.
(NYSE: N), the industry's leading provider of cloud-based
financials / ERP and omnichannel commerce software suites, today
announced continued strong momentum among organizations converting
from on-premise Sage ERP systems to NetSuite's cloud business
management suite. Fast-growing companies such as UK-based Seraph
Science, Ireland-based SLA Mobile,
and US-based Hub Pen Company, SIGNWarehouse and United Exchange
Corporation are among the more than 500 organizations to abandon
Sage for the greater business agility, visibility, flexibility and
scalability for growth that is possible with NetSuite's integrated
suite for financials / ERP, CRM, ecommerce and professional
services automation (PSA). To learn more about what NetSuite offers
to Sage users, please visit:
http://www.netsuite.com/portal/solutions/sage.shtml.
By moving to NetSuite, former Sage users such as EcoBox, Cequal
Products, Ibex Outdoor Clothing, Mountz Incorporated, Just
Marketing International and Harvey
Maria have been able to:
- Improve business efficiency by eliminating redundant data entry
and the time, cost and errors associated with using separate
systems for accounting, sales, customer support, marketing,
inventory and ecommerce.
- Gain a comprehensive real-time view across the organization
with flexible, on-demand reporting and role-based dashboards.
- Eliminate significant IT cost and complexity with NetSuite's
proven, secure cloud solution that eliminates the hassles of
managing, maintaining and upgrading business applications.
- Grow the business with the broader functionality that Sage
lacks, including CRM and cross-channel B2B and B2C commerce on
websites and physical point-of-sale (POS) locations.
- Gain greater mobility in distributed environments, with
personnel at multiple domestic or international locations able to
access the system on demand without the need for an unreliable VPN
connection.
- Expand the business with new acquisitions, subsidiaries and
geo-specific locations with the NetSuite OneWorld global business
management solution and its capabilities for multi-subsidiary
management, global financial consolidation, multi-currency
conversions and local taxation support.
UK-based Seraph Science, Ireland-based SLA Mobile, and US-based Hub Pen
Company, SIGNWarehouse and United Exchange Corporation are among
the companies running their growth-oriented businesses faster and
more cost-efficiently in the NetSuite cloud.
Seraph Science (www.seraphscience.com) is a London-based marketing company providing
services to technology firms wanting to reach C-level executives.
The business was formed in April 2013
and launched on NetSuite based on the experiences of its founder
and CEO, James Harris. James had
used Sage and other applications for CRM and marketing in
fragmented environments at three previous companies. At each of
those companies, personnel struggled with poor visibility and
manual work across data silos that limited growth potential.
Despite being familiar with Sage, Seraph Science abandoned this
environment for NetSuite's unified financials, CRM and marketing
solution as an agile foundation for strategic growth. Seraph
Science uses NetSuite for its internal processes, as well as a tool
in client engagements, consolidating C-level prospect data for
clients such as NetSuite, SAS and Appian for multi-week marketing
engagements. James estimates Seraph Science is able to operate with
30% less personnel than would otherwise be needed in a fragmented
environment of Sage and other applications, and has reduced project
delivery times from 12 weeks to eight weeks. NetSuite also provided
significant cost efficiencies in comparison to a combination of
applications.
"NetSuite has meant we're able to do more projects for clients
faster, without adding headcount," James said. "We can be much more
agile and test new markets without high setup costs and high risk.
As we scale internationally, NetSuite is going to allow us to
accelerate very quickly."
SLA Mobile (www.sla-mobile.com), a solutions provider
that helps leading mobile operators monetize assets and maximize
revenue, has eliminated problems of poor visibility, delays and
manual data work since abandoning an unintegrated environment of
Sage Line 50 and other applications
for NetSuite's unified solution in February
2013.
The global company headquartered in Belfast uses NetSuite OneWorld to manage
subsidiaries in Malaysia and the
U.K., and to transact in multiple currencies including the Euro and
currencies of the U.S., Qatar,
Kuwait, Australia and New
Zealand, with five more to be added, eliminating what had
been one day a month of manual conversions.
"The reporting and flexibility in NetSuite is absolutely amazing
and the OneWorld functionality is fantastic," said Colin Simpson, SLA Mobile Financial Controller.
"NetSuite has transformed how we do our day-to-day work and
ultimately improves our overall business performance. It's an
extremely important tool for our growth."
The services-focused SLA Mobile also uses NetSuite Services
Resource Planning (SRP) for project accounting, management and
resource optimization, as well as time and expense management,
across its global client engagements. Meanwhile, the sales team is
saving one day a week in what was manual data re-entry between
other applications. SLA Mobile has dramatically improved its sales
pipeline visibility and financial and services efficiency, while
growing its revenue nearly 15 percent in its year on NetSuite.
Hub Pen Company (www.hubpen.com), a leading supplier of
writing instruments that produces more than 100 million pens a year
for the promotional products industry, has implemented NetSuite to
replace an aging Sage Pro
application that couldn't keep up with Hub Pen's annual
double-digit revenue growth. With the Sage system, for which Sage
has announced it is ending support, Hub Pen suffered difficulties
accessing data, faced limitations in the number of users and was
forced to rely on costly third-party consultants to troubleshoot
issues and implement workarounds. After evaluating about 10
competing solutions, including Sage X3 and Epicor, the Braintree, Mass.-based company selected
NetSuite for lower upfront cost, workflow-driven pricing,
customizability and flexibility. After going live on NetSuite in
August 2013, Hub Pen has realized new
efficiencies in financials, inventory and order management, and
purchasing from dozens of suppliers. Leveraging NetSuite's
integrated business management suite, Hub Pen has automated its
quote-to-cash cycle across its thousands of distributor customers
while enhancing customer support with NetSuite CRM.
"The amount of information we get out of NetSuite is
unbelievable—things that took months to do in Sage we can now do
on-demand," said Ken Phu, Hub Pen
Software Manager. "NetSuite is cutting-edge technology that's
really helping us lead the industry. We're able to process all the
orders coming in even while we experience growth and still achieve
high customer satisfaction and quality of service."
SIGNWarehouse (www.signwarehouse.com), a seller of
sign-making supplies and equipment to sign shops and other
commercial buyers as well as consumers, moved to NetSuite in
January 2012 after experiencing
severe scalability problems with Sage MAS 500. The Sage solution's
performance grew progressively worse as order volumes grew, while
SIGNWarehouse personnel also struggled with data access and
reporting. Selecting NetSuite over Microsoft Dynamics GP and SAP
Business ByDesign, the Denison,
Texas-based company has gained operational efficiencies
across its business, enabling it to avoid the cost of two-full
personnel in IT and accounting previously required, and cutting its
financial close from a month to 10 days or less. By eliminating the
manual work and high IT overhead of its previous Sage system,
SIGNWarehouse is focusing its resources on growth, driving a
significant gain in net profit since going live on NetSuite.
NetSuite multi-location inventory management capabilities support
efficient warehousing and fulfillment at locations in Texas and Kentucky and give SIGNWarehouse better
visibility into its 9,000 active SKUs. The NetSuite SuiteCloud
Platform enables SIGNWarehouse to deploy integrated partner
solutions from Oz Development, Celigo and Pacejet to further
enhance fulfillment efficiency. Replacing Saleslogix, formerly a
Sage product, NetSuite's CRM capabilities support sales, service
and targeted email marketing with a unified customer record.
"NetSuite has been a huge time- and money-saver for us," said
SIGNWarehouse President Chris Gripp.
"It was very difficult to get a report out of Sage; with NetSuite
it's much easier and more intuitive so we can slice and dice data
the way we need it. Moving to NetSuite is one of the best decisions
we've made."
United Exchange Corporation (www.ueccorp.com), a
distributor and retailer of health, beauty, personal and household
care products based in Cerritos,
Calif., made its switch to NetSuite after persistent issues
and high degrees of manual work became the norm with its
Sage Pro solution. UEC was required
to engage private IT consultants to implement additional tools for
data access and reporting, driving up already high costs and
diverting its focus from business growth. Selected after evaluating
Sage MAS, Microsoft Dynamics GP (Great Plains), Oracle and Epicor,
NetSuite has enabled UEC to increase its efficiency four-fold,
while supporting 37 percent revenue growth in its first 12 months
of deployment. Going live on NetSuite in January 2013, UEC has streamlined end-to-end
processes of selling private label products to Walmart, Rite Aid,
CVS, Walgreens and other chains, as well as its own label products
to wholesalers. Native integration between NetSuite and an EDI
solution from NetSuite partner SPS Commerce has eliminated manual
work in fulfilling orders from large retailers, which make up close
to 80 percent of UEC's transactions.
"We couldn't have grown as fast as we have without NetSuite,"
said Tom Blaylock, Director of
Operations at UEC. "We've gained so much efficiency by eliminating
manual processes, and NetSuite reporting provides us with all the
information we need at any time. NetSuite was the most manageable,
user-friendly product we evaluated and we're confident NetSuite is
going to grow with us over the coming years."
Today, more than 20,000 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 financials/ERP suites for divisions of large enterprises and
mid-sized organizations seeking to upgrade their antiquated
client/server ERP systems. NetSuite excels at streamlining business
operations as demonstrated in a recent Gartner study naming
NetSuite as the fastest growing financial management software
vendor on a global basis. NetSuite continues its success in
delivering the best cloud ERP/financials suites to businesses
around the world, enabling them to lower IT costs significantly
while increasing productivity, as the global adoption of the cloud
is accelerating.
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, the NetSuite logo and OneWorld are registered
service or trade marks of NetSuite Inc.
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SOURCE NetSuite Inc.