TechValidate Research on Oracle NetSuite

159 TechFacts – Page 3 of 6


Oracle NetSuite OneWorld Customer Statistic

73% of NetSuite OneWorld customers are growing and planning on adding a subsidiary in the next 2-3 years

73%

Oracle NetSuite OneWorld Customer Statistic

100% of NetSuite customers have saved hiring 1 – 3 accounting/finance resources since automating with OneWorld

100%

Oracle NetSuite OneWorld Customer Statistic

84% of surveyed NetSuite OneWorld customers saved 5-8 hours on intercompany netting and eliminations per month.

84%

Oracle NetSuite OneWorld Customer Statistic

100% of surveyed NetSuite OneWorld customers confirmed that they have saved more than 6 days per month producing consolidated financials.

100%

Oracle NetSuite OneWorld Customer Statistic

63% of surveyed customers said since using NetSuite OneWorld they’ve benefited from time saved producing consolidated financial statements.

63%

Oracle NetSuite OneWorld Customer Statistic

NetSuite OneWorld customers report their top three challenges prior to implementation were reporting errors or delays, data inconsistencies, and insufficient financial controls.

53%

Oracle NetSuite OneWorld Customer Satisfaction Rating

If you are new to NetSuite, it is worth getting to know what is coming and what is available. OneWorld offers a good window to that.

Oracle NetSuite OneWorld Customer Satisfaction Rating

If your company stands for having global processes, NetSuite is a great option as it helps you to consolidate all numbers very easily and report back to business in a timely manner.

Oracle NetSuite OneWorld Customer Satisfaction Rating

A CEO at a medium enterprise retail company would be likely to recommend Oracle NetSuite OneWorld for this reason:

NetSuite is easy to scale up or down depending on your business requirements. They have extensive resources allowing most opportunities to be pursued. Their servicing via ACS allows you to get much more out of the product offering.

Oracle NetSuite OneWorld Customer Satisfaction Rating

A Director at a small business retail company would be very likely to recommend Oracle NetSuite OneWorld for this reason:

NetSuite is easy to implement and ideal for SME businesses.

Oracle NetSuite OneWorld Customer Satisfaction Rating

I have used 4 other ERP systems. Nothing compares to Oracle NetSuite. From an IT perspective, there are NO worries, strategy, and planning surrounding updates and the costs for that. I also don’t have to worry about hosting the software and everything that entails.

Oracle NetSuite OneWorld Customer Satisfaction Rating

From our experience, NetSuite is able to be customized to every new operation and business. At the same time, the SuiteApp sections are really interesting to look for integration such as bank reconciliation tools.

Oracle NetSuite OneWorld Customer Satisfaction Rating

NetSuite OneWorld is easy to use, handles consolidations well, and has good drill-downs and search capabilities.

Oracle NetSuite OneWorld Customer Satisfaction Rating

Rick LaGore, a Founder at InTek Freight & Logistics, Inc., would be very likely to recommend Oracle NetSuite OneWorld for this reason:

NetSuite OneWorld is a great product that has dramatically changed the way we do business!

Oracle NetSuite OneWorld Customer Satisfaction Rating

Mary Chowning, a CFO at Project Healthy Children, would be very likely to recommend Oracle NetSuite OneWorld for this reason:

NetSuite OneWorld has excellent support and is a great product that we have been able to scale as our business grows.

Oracle NetSuite OneWorld Customer Satisfaction Rating

A Financial Analyst at a small business service provider company would be very likely to recommend Oracle NetSuite OneWorld for this reason:

NetSuite OneWorld is perfect for a small business dealing with several currencies and entities. Very easy to use.

Oracle NetSuite OneWorld Customer Satisfaction Rating

A CFO at a medium enterprise financial services company would be very likely to recommend Oracle NetSuite OneWorld for this reason:

For what Wealthfront needs, NetSuite OneWorld was and still is the best solution.

Oracle NetSuite Customer Testimonial

Quotecard_3

Process is more streamlined and automated which helped save time and resources on tedious manual data processing tasks.

Controller, Medium Enterprise Computer Services Company

Oracle NetSuite Customer Testimonial

Quotecard_2

We have been able to automate several monthly and quarterly reports that allow us to spend more time analyzing data as opposed to preparing it.

Project Manager, Non Profit

Oracle NetSuite Customer Testimonial

Quotecard_1

The prior budgeting solution was awkward and did not meet our needs. NSPB provides additional resources and has enhanced our processes.

Gailyn Bassler, Director, Accounting Systems, Lifelong Learner Holdings LLC

Oracle NetSuite Customer Statistic

90% of NetSuite Planning and Budgeting customers surveyed have achieved increased visibility, control over their business operations, and more organizational alignment.

90%

Oracle NetSuite Customer Statistic

95% of surveyed customers confirmed that since adopting NetSuite Planning and Budgeting, their organization has achieved increased visibility and control over their business, and more accurate forecasting.

95%

Oracle NetSuite Customer Statistic

69% of NetSuite Planning & Budgeting customers surveyed said they’ve experienced improved efficiency, accuracy, and automation of previously manual, time-intensive processes.

69%

NetSuite Customer Testimonial

Moving from Quickbooks to NetSuite allowed us to provide our customers with their invoices in a more quicker and uniform manner. It allowed us to view and reduce the number of days outstanding by 10%.

System Administrator, Medium Enterprise Wholesale Distribution Company

NetSuite Customer Testimonial

As we’ve experienced significant growth, NetSuite has been a key part in reducing our transaction processing costs by 20% or more each year.

Michael Anderson, President, DIYHomeCenter.com

Oracle NetSuite Customer Statistic

75% of surveyed organizations with annual revenues between $500M – $1B have seen an improvement to their audit prep time and cost.

75% of surveyed organizations who selected $500 Million – $1 Billon have seen somewhat of an improvement to their audit preparation time and cost since using NetSuite.

75%

Oracle NetSuite Customer Statistic

75% of surveyed organizations with an annual revenue of $500M – $1B experienced increased efficiency for their finance teams.

75% of surveyed organizations who selected $500 Million – $1 Billon said that their MOST important benefit experienced with NetSuite was increased efficiency for finance teams.

75%

Oracle NetSuite Customer Statistic

80% of surveyed enterprises planning on expanding internationally are confident in NetSuite’s ability to scale with their business.

80% of surveyed organizations who selected international expansion feel confident NetSuite’s ability to grow and scale with their business as they increase complexity.

80%

Oracle NetSuite Customer Statistic

75% of surveyed enterprises with an annual revenue of $500 Million – $2 Billon said that NetSuite helped increase their finance team’s efficiency through increased integration and collaboration between finance and other departments.

75%

Oracle NetSuite Customer Statistic

75% of surveyed enterprises with an annual revenue of $500M-$1B said that NetSuite helped increase their finance team’s efficiency by speeding up month end reporting.

75%



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