Netsuite announces new advancements in Netsuite OneWorld

MANILA, Philippines - NetSuite Inc., a provider of cloud-based financials/ERP and omnichannel commerce software suites, recently announced the latest product enhancements to NetSuite OneWorld, delivering transformative power to global businesses of all sizes with any business model (B2B, B2C and B2Anything), giving them the agility and flexibility to adapt to the rapidly changing world of modern business. The latest advancements expand support for NetSuite into more than 100 countries with configurable tax compliance, support for 20 languages and 190 currencies, and multi-subsidiary management, along with a myriad of capabilities for global businesses which have enabled NetSuite customers to transact in more than 200 countries and dependent territories around the world.

Businesses seeking to enter new markets, manage mergers, acquisitions and divestitures, and fast-growing companies looking to expand globally often find themselves held back by software systems siloed by department, geography or legal entity structures, leaving them unable to deliver an optimal customer experience and gain insights into their operations.

NetSuite OneWorld, winner of the 2015 Software & Information Industry Association (SIIA) CODiE Award for Best Financial Management Solution and the 2015 UK Cloud award for ERP Product of the Year, provides a unified and cloud-based suite of software that is flexible enough to meet the needs of diverse business models, legal structures and geographies. New customers like Misys, HP Software and American Express Global Business Travel are turning to NetSuite OneWorld for advanced capabilities to manage subsidiaries, tax compliance and multi-currency globally, while fast-growing food delivery pioneer Deliveroo is using NetSuite OneWorld to manage inventory across multiple locations, having rapidly expanded from just one country 12 months ago to six countries today.

“While other software vendors are struggling to move software architected before the Internet existed to the cloud or build out the rich global functionality NetSuite has pioneered, we’re continuing to innovate and expand the reach of our customers with new features that allow global businesses to expand their operations and adapt rapidly on a business platform for the future,” said Craig Sullivan, senior VP of enterprise and international products for NetSuite.

For information,  visit  www.netsuite.com.