NetSuite Delivers Visibility and Control Ecoark Needs as it Goes Public and Grows

With eyes on going public, Ecoark Holdings Inc. had to make some changes. The Rogers, Ark.-based company was built by acquiring technologies designed to fuel sustainability while eliminating waste, and the resulting complexity was straining its reliance on QuickBooks and a single Microsoft Dynamics instance. What it needed was a financial system that could provide the accountability and transparency public markets demand.


Ecoark Holdings Inc.

Company

Ecoark Holdings Inc.

Location

Rogers, Ark.

Industry

Technology services and recyclable plastics manufacturing

REVENUE

$7.9 million

EMPLOYEES

100

Number of USERS

34

Number of SUBSIDIARIES

6

Number of COUNTRIES

1

SYSTEMs REPLACED

Microsoft Dynamics, QuickBooks

OTHER SOLUTIONS CONSIDERED

Microsoft Dynamics GP and AX, Financial Force, Intacct, Oracle Fusion, SAP Business ByDesign

NETSUITE PRODUCTs IMPLEMENTED

NetSuite OneWorld
NetSuite Revenue Recognition
NetSuite SRP
NetSuite Manufacturing Edition

IMPLEMENTATION PARTNER

FMT Consultants

LOCATION

San Diego, Calif.

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“NetSuite is a perfect balance of broad functionality and ease of use. It is by far the easiest ERP system I've used.” Ecoark Holdings Inc.

NetSuite Delivered the Needed Capabilities

Cloud was only option
Ecoark's leaders knew they didn't want to staff a large IT department that a traditional on-premise ERP would require. But most of the cloud-based products they reviewed were either too complex or lacked sufficient manufacturing capabilities. Conversely, NetSuite combined ease of use and manufacturing expertise in a platform that could support Ecoark's long-term growth.
Ready for what's next
As Ecoark went public, NetSuite delivered unprecedented visibility into the business. The company now has the ability to run real-time reports and has the confidence that the numbers it reports are accurate. Executives can easily drill down into multiple segments and subsidiaries to individual transactions.
Far from done
Ecoark has big plans for NetSuite, including rolling out executive dashboards, expanding integrations between NetSuite and its other systems while exploring its use of advanced manufacturing.

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