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NetSuite helps German companies move financial management to the cloud

New Localised Financial Management Capabilities Help German Organisations Navigate Change and Accelerate Growth

GROW LIVE BERLIN, GERMANY—March 26, 2019—To help German organisations take advantage of the cloud to gain the visibility and control needed to navigate change and accelerate growth, Oracle NetSuite today announced new localised product capabilities for the German market. The latest innovations within the NetSuite platform include new SuiteSuccess financial management features designed to help organisations in Germany automate financial processes, improve reporting and gain real-time visibility into key business metrics.

“As German organisations increasingly turn to the cloud to manage core business operations, they need a partner who can offer proven expertise and a clear pathway to success,” said Nicky Tozer, VP of EMEA, Oracle NetSuite. “At NetSuite, we have been helping organisations of all sizes run their business in the cloud for more than 20 years. We have taken the insights and best practices from that experience and built it into SuiteSuccess. With this new financial management offering, German organisations can now move their core financial systems to the cloud quickly and easily.”

Built on industry-best practices and deep domain knowledge from thousands of NetSuite cloud implementations, SuiteSuccess includes pre-defined roles, KPIs, dashboards and workflows specifically designed for finance departments. SuiteSuccess provides both foundational financial management solutions and features such as inventory management, order management and customer returns, and more comprehensive financial management solutions including fixed assets and over 350 reports.

NetSuite Solution Provider Alta Via Consulting GmbH has already seen the power of Financials First. “SuiteSuccess as a methodology and solution is an ideal fit for German organisations that are aiming to scale up and expand internationally,” said Martin Kalkuhl, Sales Director, Alta Via Consulting GmbH. “It has many parallels with what businesses want to achieve—the fast deployment meets the start-up style mindset and delivers insights that can empower organisations to make informed, data-backed decisions.”

SuiteSuccess delivers a path to the cloud in as little as 45 days and is built on four key pillars—build, engage, consume and optimise. SuiteSuccess customers across all markets also have immediate access to NetSuite OneWorld global capabilities to process multi-currency transactions and to take advantage of international growth opportunities. To learn more about SuiteSuccess, please visit www.netsuite.com/suitesuccess.

About Oracle NetSuite
For more than 20 years, Oracle NetSuite has helped organisations grow, scale and adapt to change. NetSuite provides a suite of cloud-based applications, which includes financials / Enterprise Resource Planning (ERP), HR, professional services automation and omnichannel commerce, used by more than 18,000 customers in 203 countries and dependent territories.

For more information, please visit http://www.netsuite.com.hk.

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The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle.

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