NetSuite OneWorld Seamlessly Integrates GLs of TradeCard's Five International Subsidiaries
"NetSuite was the perfect partner to help us clean house, and it is a huge improvement in visibility and SOX compliance to have our books on a single system."
—Nestor Zwyhun, Chief Technology Officer, TradeCard Inc.
Results:
- Eliminated hardware and software support contracts and one-half full-time employee
- Tens of thousands of dollars in maintenance contracts have been dropped
- Converted data processors to true business analysts
- Optimized resource utilization and gained clarity into customer profitability.
Challenges:
- Fast-growing global supply chain company kept adding wide-ranging, disparate point solutions
- Several full-time employees tied up in data processing tasks.
- Limited data on professional services availability or client engagement profitability.
Solution:
- NetSuite OneWorld seamlessly integrates GLs of the five international subsidiaries, each with own currency
- Huge improvement in visibility and SOX compliance to have books on single system
- Acts as a business intelligence tool allowing drill-down into specific patterns of transactions between customers
- NetSuite Professional Services helped TradecCard create full-fledged NetSuite administrators worldwide — from Hong Kong to Taiwan to Sri Lanka
- Partner Center building closer relationships with customers.