NetSuite dual-structure ERP for Oracle

Global companies can operate their subsidiaries through NetSuite's cloud ERP, while maintaining headquarters-to-Oracle input, NetSuite provides SuiteCloud connectivity for NetSuite's cloud ERP integration with Oracle, a global company.

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California, San Francisco and San Mateo-October 2, 2012-oracle Open World

-netsuite Corporation (NYSE:N), a supplier of the industry-leading finance/EPR software suite for cloud computing, today NetSuite released a dual-structure ERP system for Oracle, thanks to a new version of NetSuite Oneworld and SuiteCloud connectors, connected to Oracle,netsuite company's partners, including IBM Cast Iron, Informatica, Dell Boomi, Celigo Company, pervasive Software companies. NetSuite's dual-structured ERP system for Oracle deploys NetSuite Oneworld's multinational management solutions to operate subsidiaries and departments to drive global expansion while maintaining headquarters commitment to Oracle. NetSuite's cloud Solutions, at the subsidiary level, can be deployed in a very short time, at very low cost, compared to the corresponding on-premises ERP systems, while at the corporate level, providing real-time data, visibility and management through the proper integration of Oracle's ERP solutions. This two-tiered ERP model is rapidly becoming a company such as Qualcomm and land O ' lakes companies that have had to accept the choice that they need to support rapid global growth and gain greater efficiency in critical business processes without the time and cost of deploying systems on-site.

The key to NetSuite's dual-structure ERP system for Oracle is a new version of NetSuite OneWorld, which gives Oracle enterprise customers a modern, cloud-based software system to manage complex, multinational and multi-affiliate departments at the corporate level, Integrate to Oracle with SuiteCloud connectivity for Oracle. Oracle customers can manage global companies and process departmental transactions and aggregate data in real time through NetSuite OneWorld to gain visibility into enterprise-class business operations. A group of global companies, including IBM Cast Iron (NYSE:IBM), Informatica Corporation (NASDAQ:INFA), Dell Boomi, Pervasive Software (NASDAQ:PVSW) and Celigo Corporation, Their independent software developers and system integrators implement NetSuite Oneworld-to-Oracle connectors. NetSuite Oneworld's out-of-the-box tax statement, supporting more than 190 currencies, 19 languages, and covering more than 50 countries. NetSuite Oneworld is able to effectively consolidate financial consolidation at global and local levels, helping front-end and back-office management operations around the world.

NetSuite Oneworld is the first and only solution to achieve real-time global corporate management and financial consolidation with local customization and complete integration of Oracle through the cloud.

NetSuite Oneworld's new and important features include:

Embedded analytics Global Cloud Erp:netsuite Complete Cloud computing ERP system features embedded analytics and role-based dashboards that contain prebuilt key performance indicator methods (KPIs), reports, workflow triggers and jump-to-trade details, and easily feedback to the enterprise Data Warehouse.

Instant consolidation and Visibility: NetSuite provides a view of every layer of business in real time for stakeholders in companies, departments, and subsidiaries, through a permanent online financial and operational dashboard and a report that jumps to details from a profile.

Multi-currency, multi-tax, multi-country intelligence: supporting more than 190 currencies across North America, Europe, Asia and Australia/New Zealand, and 19 languages and country-specific accounting standards, NetSuite enables businesses to seamlessly meet the individual needs of local operations.

NetSuite's customers such as Qualcomm (Qualcomm), Land O ' lakes companies and other large enterprise realities have proven successful that the dual-structure ERP is not NetSuite's future vision, which is a practical and proven solution, and the growth of business benefits can be measured. "At Land O ' Lakes, we know what a decision point is, when to make a choice in more homogeneous or innovative ways," said Michael Macrie, vice-president of Land O ' Lakes information technology. "We have been able to operate our three foreign entities, which are more efficient and cost-effective than traditional ERP implementations." We look forward to expanding our NetSuite footprint in a number of strategic areas over the next two years. ”

SuiteCloud Connection to Oracle

SuiteCloud connectivity for Oracle is a key element of NetSuite for Oracle's bi-layered ERP solution, enabling real-time data exchange, visibility and control, and allowing users to use the NetSuite system to give General Ledger of consolidated financial statements at the subsidiary level. Order and revenue information. In addition to SuiteCloud connectivity for Oracle, NetSuite's professional services and global network of partnerships provide Oracle with expert advice on all aspects of integration. Some of the key partners include:

About Us

Hitpoint is a leading tax and finance software consulting firm focused on providing local tax management solutions to multinational companies in China. As a long-term partner of NetSuite, Hitpoint is the only authorized distributor of NetSuite in mainland China and has extensive experience in the implementation, localization, two development and training of NetSuite products. Get more information about NetSuite.

NetSuite dual-structure ERP for Oracle