1. Customer Testimonials
  2. Bayt.com Inc.

Online Recruitment Site Finds Perfect Match

Bayt.com, the leading job recruitment platform across the Middle East and North Africa, helps over 34 million professionals find employment in everything from engineering to marketing and IT. With over 40,000 employers listed on Bayt.com, it has become the single largest marketplace for professionals and companies in the region, a multilingual ecommerce hub, replacing the need for a business to place advertisements in multiple newspapers.

COMPANY

Bayt.com Inc.

LOCATION

Dubai, United Arab Emirates

INDUSTRY

e-Recruitment

EMPLOYEES

300

NUMBER OF USERS

8

NUMBER OF COUNTRIES

10 (UAE, Bahrain, Kuwait, Jordan, Lebanon, Egypt, Qatar, Saudi Arabia, Pakistan, Morocco)

SYSTEM REPLACED

QuickBooks

OTHER SOLUTIONS CONSIDERED

QuickBooks Enterprise
Adempiere

NETSUITE PRODUCTS IMPLEMENTED

NetSuite Advanced Financials
NetSuite Limited Edition

IMPLEMENTATION PARTNER

Crowe

LOCATION

Dubai, United Arab Emirates

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“Before, we’d have to wait until two weeks after each month-end for financial reports to be shared with each country, relying previously on ten people. But now with NetSuite, we are able to generate and share reports instantaneously with lesser resources being invested in creating the reports.” Nauman A. Mian, CFO, Bayt.com Inc.

Doubling Revenues and Managing Twice the Work

Accounting for growth
With many people coming from outside the region, businesses have thousands of new positions needing fulfillment. Bayt.com has grown rapidly using artificial intelligence to match jobs and recommend the most relevant opportunities. It now adds around 13,000 new users every day.
Adopting efficiencies through virtual systems
To manage this growth, Bayt.com realised it needed a ready-made IT system built for finance people that was easy to use, requiring minimum effort to deploy and run. NetSuite has supported the dot-com business through its double digit growth while needing 20 percent less accounting staff, allowing it to scale and keep up with industry best practices.
Improved communication, transparency and visibility
With 300+ people operating from different locations across the Middle East, the company needed a standalone system to unite everyone. NetSuite replaced fragmented monthly reporting, providing top-line revenue numbers on a daily basis and improved accountability and reporting of numbers across 10 territories.
Smooth implementation eases transition
Working with local implementation partner, Crowe, helped make the transition easier, providing on-site training and ensuring that previous years’ data was fed reliably into the system. CFO, Nauman Mian says “The Crowe team made the implementation process simple by providing expert consulting at every step. They recommended and assisted in implementing the best practices which helped in bringing efficiency to our processes driven by KPIs to help us grow and compete.”

Resources

Demo Watch NetSuite SuiteSuccess Financials First Standard
Data Sheet
Data Sheet The Solution for Your Global Business
White Paper
White Paper Discover B2B Commerce
Article
Article How to Choose the Right Global ERP System for Your Business

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