Oracle NetSuite Corporate Communications
Global Restaurant Chain Updates IT System with Cloud Solution
NETSUITE SUITEWORLD 2015, SAN JOSE, Calif.—May 6, 2015—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that global restaurant chain TGI Fridays has deployed NetSuite OneWorld for finance management. TGI Fridays went live on NetSuite OneWorld with a rapid six-month deployment, after realizing the advantages of a cloud solution. TGI Fridays is now using one single unified instance of NetSuite OneWorld to run mission-critical finance processes including procure-to-pay, credit-to-cash, record-to-analyze, financial consolidation, multi-currency, and financial reporting.
The NetSuite OneWorld deployment provides the flexibility, agility and scalability TGI Fridays needs for rapid growth and to gain a real-time view of the business performance. This modernization effort equips TGI Fridays with an up-to-date, future-proof IT environment geared for innovation and business transformation.
Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, partnered with NetSuite to implement and deploy NetSuite OneWorld for TGI Fridays. In addition, Capgemini delivers business process outsourcing (BPO) services across TGI Fridays locations. Please see a separate release Capgemini issued today for details here.
"We had a tremendous opportunity to update our IT strategy with NetSuite OneWorld," said TGI Fridays CIO Tripp Sessions. "The combination of NetSuite's global business management suite and Capgemini's business process outsourcing expertise allows us, with our franchisees, to focus on what we both do best, fully engaging with each of our guests to provide them with a great dining and social experience."
"Global businesses with complex needs serving both franchisees and customers are increasingly turning to NetSuite OneWorld to streamline operations and manage finances," said Zach Nelson, NetSuite CEO. "TGI Fridays' strong brand and its forward-thinking leadership team are a very welcome addition to the NetSuite community."
With support for 190 currencies, 19 languages and automated tax compliance in more than 50 countries, NetSuite OneWorld delivers the following key features and benefits to TGI Fridays including:
About TGI Fridays
In 1965, Fridays opened its first location in New York City. Today, there are over 900 restaurants in 60 countries which offer high quality, authentic American food and legendary drinks, served with genuine personal service. Bringing people together to socialize and celebrate the freeing and liberating spirit of "Friday" is the concept's founding premise, from which the brand promise "In Here, It's Always Friday®" was born. For more information, visit www.fridays.com or follow us on Twitter at @TGIFridays.
Today, approximately 24,000 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 ERP suites for divisions of large enterprises and mid-sized organizations seeking to upgrade their antiquated client/server ERP systems. NetSuite continues its success in delivering the best cloud ERP/financial suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud accelerates.
For more information about NetSuite, please visit www.netsuite.com.
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