The NetSuite SUITEY Awards honor companies that have excelled at improving efficiency and productivity, reducing costs and fueling business growth atop the NetSuite cloud business management suite.
The SUITEY nominees were selected from the more than 12,000 organizations and subsidiaries around the world that run NetSuite for cloud ERP, financials, CRM, ecommerce, supply chain, manufacturing, services resource planning (SRP) and professional services automation (PSA). The winners of this year's SUITEY awards will be announced at SuiteWorld 2012, the annual NetSuite user and partner conference held May 14–17 in San Francisco, CA.
The SUITEY Awards
Most Improved Productivity & Cost Reduction
Nominees: P3 Medical, Knowledge Universe, The Superyacht Group, MarkLogic
Winner: Knowledge Universe
Knowledge Universe is a global education organization with more than 3,700 education locations worldwide servicing over 300,000 students daily. The company has achieved global visibility into its European, Asian and US markets using NetSuite OneWorld. Deploying NetSuite OneWorld in as little as 4 weeks, Knowledge Universe has achieved 70% savings compared to deploying an on-premise system.
Best Enterprise Deployment
Nominees: United Healthcare, BMC, Pitney Bowes, Qualcomm
Winner: Pitney Bowes
The leading provider of solutions for shipping, mailing and document management, Pitney Bowes chose NetSuite OneWorld to support global business management. Utilizing NetSuite OpenAir Pitney Bowes has slashed the amount of time it takes to bill their customers by 90%.
Fastest ERP Deployment
Nominees: TransACT, Glassdoor.com, LexJet, Square
Founded in 2008, Glassdoor.com provides an inside look into what it's like to work at more than 150,000 companies in more than 100 countries. The company quickly outgrew Quickbooks and Excel and chose NetSuite for its robust accounting functionality. Implementation took just three months and now they can measure profitability by SKU and have cut monthly close time by 75%.
YOUR Suite: Best Use of SuiteCloud Platform
Nominees: Advantage Sign Supply – Warranty Management, Cologix – Logical Network Inventory, J.A. King – Calibration Service Tech Enablement, Umalag Farm – Cattle Management System
Winner: J.A. King
Industrial calibration firm J.A. King & Co. used NetSuite to build out a field service management solution that automates scheduling of work and to provide self-service to customers. The company has reduced its work-to-bill cash flow from eight days to three and repurposed two day entry clerks to work in other areas. Using NetSuite to customize processes, it saved $200,000 rather than hiring third-party developers.
Best Ecommerce Company Solution
Nominees: GoPro, SolarWinds, Sportstop, Ultimate Office
The world's leading activity image capture company with the world's most versatile HD camera, GoPro replaced Salesforce.com and QuickBooks with NetSuite OneWorld. Since installing NetSuite, GoPro has seen its revenues grow by over 300% annually. Order processing has been slashed from 12 minutes down to 30 seconds. Now the company is saving over $360K annually on IT maintenance over the cost of an on-premise ERP system.
Best Manufacturing Company Solution
Nominees: ValuTek, Speck, Jawbone, Ariosa
Jawbone is one of the hottest and most successful new gadget startups having launched a series of mobile accessories. Leveraging NetSuite for ERP and Manufacturing, Jawbone launched their Jambox wireless speaker which has rocketed to command over 45% of the wireless audio market. Additionally, they have been recognized by Fast Company as one of the top 50 most innovative companies in the world.
Best Wholesale/Distribution Solution
Nominees: IPICO, Precor, MFS Supply, Instrumart
Winner: MFS Supply
MFS Supply is a leading distributor of security related products such as commercial door locks, shackle padlocks, keyless entry and more for contractors, realtors, and homeowners. MFS Supply put in NetSuite to run their entire business across financials, CRM, inventory and ecommerce resulting in a three-year growth of over 2,060%. They were also recognized in the Inc 500 fastest growing list two years in a row as well as named #2 overall in security.
Best Services Company Solution
Nominees: BearingPoint, Informatica, Software AG, Empired
Informatica is the leading provider of enterprise data integration software. With no backend automation for billing and resource management, Informatica chose to standardize globally on NetSuite OpenAir. Nearly 500 Informatica employees around the globe use NetSuite OpenAir for project management, time and expenses, global billing, resource management, and reporting.
Best Software Company Solution
Nominees: Splunk, CallidusCloud, Mitchell International, TRUSTe, Datacert
Datacert is a premier global provider of enterprise legal management software and services to Fortune 500 corporations, Fortune Global 500 corporations, and 100% of the AmLaw 200. By replacing Quickbooks, Salesforce CRM, a proprietary ticketing system, Microsoft project and a "big mess" of spreadsheets with NetSuite, Datacert has realized efficiencies across their business—including reducing their financial close cycle to just 5 days, a 90% reduction in the number of customer support reports, and an 85% reduction in the number of support ticket types.
Best Non-Profit Company Solution
Nominees: Kiva, charity:water, Imagine!, The Foundation Center, National Runaway Switchboard
Founded in 2005, Kiva has channeled $314 million in microfinance loans to entrepreneurs in 55 countries to help alleviate poverty. Replacing QuickBooks, NetSuite enables Kiva to handle rapid growth and streamline accounting, multi-currency management, and expenses and payables, freeing developers to focus on innovation instead of building a general ledger.