NetSuite Increases Presence in France with New Localized Product Capabilities and an Expanded in-country Team
Paris, France—October 17, 2018—To help organizations operating in France take advantage of the cloud to grow, scale and adapt to change, Oracle NetSuite today announced new localized product capabilities and an expanded in-country team for France. NetSuite provides a suite of cloud-based business applications that help organizations scale and adapt to change. With new local capabilities and certifications, including NF203 and GL Account Reconciliation (Lettrage), NetSuite is enabling organizations operating in France to standardize business operations, support global compliance and deliver real-time visibility across global operations. NetSuite already has more than 130 HQ-based and 1,100 subsidiaries of customers in France.
To address increasing competition, shifting customer expectations and constantly changing regulations, organizations operating in France are starting to rethink their traditional technology platforms. In fact, according to MARKESS, the French cloud computing market grew by 27 percent in 2017 as organizations increasingly adopted cloud-based technologies to streamline core business processes, accelerate growth and drive innovation. To help organizations in France embrace the latest in cloud technologies and manage the complexity of a highly-regulated market, NetSuite is expanding its presence in France.
“It is getting harder for businesses to drive growth both locally and internationally,” said Nicky Tozer, EMEA VP, Oracle NetSuite. “We are focused on removing the barriers to growth for our customers across the world and with the latest release of NetSuite OneWorld, we are providing a complete solution with language, currency, tax compliance and local support teams for the French market.”
With new localized product capabilities and an expanded in-country team, NetSuite enables French businesses or international subsidiaries operating in France to quickly and easily leverage an integrated suite of modern business applications to drive growth, reduce costs and achieve the benefits of cloud computing. With the latest release of NetSuite OneWorld, NetSuite has achieved the following local certification standards and features:
In-Country Auditing Standards and Processes
Bank and Cash Management Enhancements
“We have built up the NetSuite team in France over the last 9 months to deliver customer support, services, sales and marketing, and we are still growing”, said Eric Liard, head of sales in France, Oracle NetSuite. “To help growing customer demand, we are also recruiting channel partners and systems integrators.”
With customers now operating in 203 countries and dependent territories around the world, NetSuite is the proven cloud financials / enterprise resource planning (ERP) platform of choice for organizations operating and growing internationally.
About Oracle NetSuite
For more than 20 years, Oracle NetSuite has helped organizations grow, scale and adapt to change. NetSuite provides a suite of cloud-based applications, which includes financials / Enterprise Resource Planning (ERP), HR, professional services automation and omnichannel commerce, used by more than 16,000 customers in 203 countries and dependent territories.
For more information, please visit http://www.netsuite.com.
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