SAN JOSE, Calif., May 15, 2013 /PRNewswire/ -- NETSUITE
SUITEWORLD 2013 -- NetSuite Inc. (NYSE: N), the industry's
leading provider of cloud-based financials / ERP software suites,
today announced that Zattikka (AIM:ZATT), a London-based online gaming group, has selected
NetSuite OneWorld to replace multiple instances of Sage and
QuickBooks across its eight subsidiaries. By deploying NetSuite
OneWorld, Zattikka can now automate its core business processes and
benefit from real-time global management and financial
consolidation of subsidiaries in the U.S., Europe and China. Zattikka employs more than 160
staff in studios across these markets and is planning for rapid
growth both organically and through acquisition. NetSuite
OneWorld will also support Zattikka's ambitions for international
growth by enabling rapid on-boarding of new business entities.
The move to a standardized accounting and reporting system forms
part of the integration schedule of the new group companies
following their acquisition in 2012. Zattikka was keen to
streamline its reporting process, to reduce the time and cost of
collating figures from the different legacy accounting systems.
NetSuite OneWorld allows the company to use the same application
across all subsidiary offices, in multiple languages and
currencies, giving Zattikka a real-time view of the entire business
through a single dashboard. Not only does this dramatically reduce
overall reporting time, but it will accelerate and inform
management decisions.
NetSuite OneWorld is the first cloud software solution to
deliver real-time global business management and financial
consolidation to enterprise companies with multi-national and
multi-subsidiary operations and divisions of large enterprises. It
enables organizations to automate complex, mission-critical
business processes in the cloud from ERP, to CRM, to Ecommerce.
NetSuite OneWorld readily handles different currencies, taxation
rules, and reporting requirements at a fraction of the cost of
traditional on-premise ERP solutions.
"With such huge opportunities across global markets we wanted a
solution that offered a global support system," said Rob Gorle, Chief Financial Officer, Zattikka.
"Our ambitious growth strategy relies on rapid expansion, both
organically and through acquisitions, so we needed an accounting
system that could be rolled out rapidly and efficiently across all
of these new businesses. As the acquisitions sometimes have very
few English language speakers, the multi-language capabilities of
NetSuite OneWorld, as well as its 24/7 support program, proved to
be very compelling."
"Ambitious, high-growth companies like Zattikka need a system
that keeps pace with their global expansion plans. NetSuite
OneWorld has been designed to support accelerated growth across
multiple countries and subsidiaries, seamlessly growing with the
business," said Jim McGeever, COO,
NetSuite. "Zattikka's acquisitive and ambitious global growth
plan means new subsidiaries need to be quickly brought into the
business. NetSuite OneWorld's agility and the multi-currency,
multi-tax, multinational intelligence functions will be strong
assets for its future success."
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 organizations 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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For more information about NetSuite, please visit
www.netsuite.com.
NOTE: NetSuite and the NetSuite logo are service marks of
NetSuite Inc. Third-party trademarks mentioned are the property of
their respective owners.
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SOURCE NetSuite Inc.