TradeCard Consolidating 5 Subs Using NetSuite OneWorld
{"Image DocumentName": "TradeCard Consolidating 5 Subs Using NetSuite OneWorld", "Image ImageDescription": "Challenges. Kept adding wide-ranging, disparate point solutions. Employees tied up in data processing tasks. Limited data on professional services availability or client engagement profitability. NetSuite OneWorld Benefits. Reduction in tens of thousands of dollars in maintenance spend. Deployed across 5 GL\u2019s and 5 separate currencies. Improvement in visibility and SOX compliance. Freed up tactical roles to focus on analytical needs. Optimized resource utilization and gained clarity into customer profitability. Overview. Provider of business integration software. Based in New York, NY. Switched from QuickBooks. Running NetSuite OneWorld. Results: Eliminated hardware and software support contracts and one-half full-time employee. Tens of thousands of dollars in maintenance contracts have been dropped. Converted data processors to true business analysts. Optimized resource utilization and gained clarity into customer profitability. Challenges: Fast-growing global supply chain company kept adding wide-ranging, disparate point solutions. Several full-time employees tied up in data processing tasks. Limited data on professional services availability or client engagement profitability. Solution: NetSuite OneWorld seamlessly integrates GLs of the five international subsidiaries, each with own currency. Huge improvement in visibility and SOX compliance to have books on single system. Acts as a business intelligence tool allowing drill-down into specific patterns of transactions between customers. NetSuite Professional Services helped TradecCard create full-fledged NetSuite administrators worldwide \u2014 from Hong Kong to Taiwan to Sri Lanka. Partner Center building closer relationships with customers. NetSuite was the perfect partner to help us clean house, and it has improved our visibility and SOX compliance having our books on a single system.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}