NetSuite Helps Software Company/System Integrator Cut Administrative Costs by 35%, Boost Productivity
"Modern businesses need to be flexible, and NetSuite gives us the ideal platform for flexibility, from our 360-degree view of the business to our fully integrated application workflows."
—American Barcode and RFID
Results:
- American Barcode and RFID cut administrative operating costs by 35%
- The company has increased cash flow by reducing outstanding receivables by 80% and the number of past-due customers by 47%
- Integrated business processes have eliminated redundant and overlapping customer data, resulting in greater efficiencies across the business
- Anywhere, anytime access to real-time, end-to-end business information has helped the company substantially improve productivity
Challenges:
- Lowered productivity and increasing operational costs were challenging the company to keep up with its 25,000 customers
- American Barcode and RFID maintained five disparate customer databases, serving different but overlapping product lines
- Billing processes suffered from errors and delays resulting from lack of coordination
- Remote access was cumbersome
Solution:
- The company chose NetSuite because of its cloud architecture and application integration
- NetSuite partner TrueCloud helped the company design new processes and implement a phased rollout
- NetSuite greatly reduced the manual effort in the billing process, and has given AB&R a path for continued growth