Oracle + NetSuite Helps Growing Marine Mammal Consultancy with Global Growth Ambitions

The investment in Oracle NetSuite has enabled us to avoid hiring additional new staff, improve our financial close and increase our overall customer service level.

Results

  • Oracle NetSuite has enabled us to support 7 additional companies without increasing headcount.
  • Oracle NetSuite has allowed us to shorten our reporting timescales from 10 to 6 working days.
  • Reduction in transaction processing costs by being able to quickly add companies to the company structure.
  • Significant increase in productivity due to Oracle NetSuite’s anywhere, anytime access.
  • On-going IT support has reduced dramatically by eliminating downtime and software patches.
  • Oracle NetSuite has enabled SOI Group to free up resources to focus on strategic market developments and long term planning rather than on day-to-day reporting and processing.
  • Ability to provide a more meaningful interpretation of the financial results.

Challenges

  • The small, growing marine mammal consultancy had global growth ambitions which their previous accounting system could not support.
  • They wanted a cloud based scalable solution to enable them to focus their resources on growing the business rather than running a complicated International IT system.
  • The company required a multi-company, multi-currency solution that offered rapid consolidation at month end and enabled them to leverage a standardised CRM system across the group.

Solutions

  • SOI Group chose Oracle NetSuite as it was the only company to offer a cloud based solution that met their requirements, replacing Sage.
  • Oracle NetSuite OneWorld enabled SOI Group to quickly develop companies in USA, Canada, Hong Kong and the UK, and to scale with its International growth.
  • Oracle NetSuite partner Cofficient worked with SOI Group on their OneWorld implementation.
  • Oracle NetSuite OpenAir provided an integrated system for SOI Group’s resource management.
  • Client SOI Group Limited
  • Date 25th September 2018
  • Tags NetSuite, Professional Services

Related Projects