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Mei Li
Senior VP
Corporate Communications
NetSuite Inc.
Phone: 650.627.1063
E-mail: meili@netsuite.com

SIRACOM PULLS THE PLUG ON SAGE AND TURNS TO NETSUITE TO DRIVE GLOBAL EXPANSION

Value Added Distributor of Wireless Infrastructure and Security Products Replaces Multiple Sage Systems and Other Disparate Solutions with NetSuite's One Unified System


LONDON and SAN MATEO, Calif.—September 19, 2013—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that Siracom (www.siracom.com), a Value Added Distributor of wireless infrastructure and security products, has moved from Sage 50, Act! (formerly Sage Act!) and Excel to NetSuite. Siracom selected NetSuite to consolidate all of its disparate sales order and purchase order processing, inventory and accounting systems onto one unified cloud platform, after realising Sage couldn't provide the scalability necessary to manage its recent growth or support the company's global expansion ambitions. Siracom is leveraging NetSuite for financials, customer relationship management (CRM), inventory management, order management, and multi-currency, gaining real-time visibility into critical business information, inventory management, and providing improved collaboration and relationships with customers and vendors.

Siracom supplies best-of-breed wireless technology and professional services to a variety of industries, specialising in schools and academies. The company doubled in size in 2012 and found that its existing technology, a combination of Sage 50, Act! and Excel, was unable to cope with this pace of growth. The system regularly crashed, forcing Siracom's staff to spend hours recovering and manually re-entering lost data. The business considered upgrading to a more advanced Sage solution but chose NetSuite on the strength of recommendations from other businesses in its industry. Moving to NetSuite was crucial in both supporting Siracom's existing operations and its growth ambitions.

The NetSuite cloud business management software suite, encompassing financials / ERP, CRM, Ecommerce, multi-national business and professional services automation (PSA), supplies critical real-time visibility and mobility without the high capital costs, painful upgrades, manual data-entry and spreadsheet reconciliations, and ongoing troubleshooting typical of on-premise environments with disparate applications.

David Thompson, managing director at Siracom explained: "We're an ambitious company and moving to NetSuite has meant that we're no longer being held back by Sage's technology. Having a system we can completely rely on means we're able to focus our energies on moving the business forward, rather than firefighting. By giving us instant access to all our business data in real-time, NetSuite not only allows us to make the kind of informed and rapid decisions we need to expand into new verticals and geographical markets, but can continue to support us as we grow."

About Siracom
Siracom (www.siracom.com) is a true Value Added Distributor. Its product ranges include wireless infrastructure and security products, designed to address the new world of mass device ownership, with Wi-Fi as the primary delivery mechanism for data voice and video applications, at work, and through our daily digital lives.

About NetSuite
Today, more than 16,000 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 financials/ERP suites for divisions of large enterprises and mid-sized organisations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations as demonstrated in a recent Gartner study naming NetSuite as the fastest growing financial management software vendor on a global basis. NetSuite continues its success in delivering the best cloud ERP/financials suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating.

 

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