SAN JOSE, Calif., May 18, 2016 /PRNewswire/ -- NETSUITE SUITEWORLD -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that the worldwide specialist professional recruitment company PageGroup, trading under the brands of Michael Page, Page Personnel and Page Executive, has selected NetSuite OneWorld to help transform its global financial operations. PageGroup will work with systems integrator RSM UK to replace multiple instances of Unit4 Coda, and a separate instance of Microsoft Dynamics AX, with NetSuite OneWorld. This will allow PageGroup to better manage mission critical business processes including accounting; global financial consolidation; reporting; budgeting and analytics; multi-currency management for 30 different currencies; and multi-subsidiary management for 90 different legal entities across 35 countries – all within one single system.
Founded in London in 1976 as a placement agency for qualified accountants, PageGroup has delivered 40 years of strong organic growth and is now a FTSE 250 company with more than 5,800 employees and annual revenues of over £1 billion. As it has grown, PageGroup's on-premise financial systems have grown with it, ultimately leaving the company with a mixture of ERP solutions and associated systems and processes. PageGroup has recognized that there is a strong opportunity to migrate to a single cloud-based solution that will allow the definition and delivery of more efficient and consistent global finance processes, and the provision of better and faster management information.
Why NetSuite OneWorld?
After a comprehensive evaluation that included solutions from Microsoft, Unit4, SAP, and others, PageGroup selected NetSuite OneWorld for:
- A single cloud solution with a broad range of global financial capabilities, including support for 190 currencies, 20 languages and automated tax compliance in over 100 countries, to run complex and mission-critical business processes across its head office and its business units spread across the globe.
- Global financial consolidation with real-time visibility across all PageGroup's 90 legal entities with one single unified financial system of record and financial reporting across the entire enterprise.
- NetSuite's cloud infrastructure aligns with PageGroup's efforts to move toward cloud-based applications, removing the need to support and maintain on-premise software and opening the opportunity to expand a shared services model.
- An intuitive and modern user interface that can reduce training time and help PageGroup's employees to operate more efficiently and maximize their potential.
- Rapid deployment that can enable PageGroup to get up and running with NetSuite OneWorld across the globe, speeding up time to value.
- The agility, scalability and flexibility needed to help enter new markets, expand operations and grow revenue.
"We're intent on simplifying and modernizing our global financial system to better support our finance team, our recruitment consultants, and ultimately our clients and candidates," said Mark Hearn, Group Services Finance Director at PageGroup. "NetSuite OneWorld offers a modern and comprehensive solution that we anticipate can be quickly and easily rolled out to all our offices around the world."
"Large global enterprises like PageGroup are seeing the huge advantages that NetSuite cloud ERP can provide," said Mark Woodhams, SVP and Managing Director of NetSuite EMEA. "We welcome PageGroup to our customer ranks and look forward to helping to support their future growth."
The project to implement NetSuite across PageGroup's global finance operations will be led and run by RSM UK, a leading international professional services firm and NetSuite system integrator. Chris Knowles, RSM UK's Head of Technology Consulting said, "We are delighted to have been appointed by PageGroup to lead the project to implement NetSuite as the standard finance platform across their organisation. For PageGroup this is an opportunity to leverage NetSuite's integrated cloud ERP platform to improve core finance processes, generate efficiencies and provide significantly better management reporting. We look forward to using our deep NetSuite and finance improvement skills to help them achieve this."
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. Customers like Misys based in the UK, HP Software and American Express Global Business Travel in the US and Scoot, a wholly-owned subsidiary of Singapore Airlines in Singapore, are turning to NetSuite OneWorld for advanced capabilities to manage their complex business processes across subsidiaries, countries and continents. NetSuite OneWorld supports 190 currencies, 20 languages and automated tax compliance in more than 100 countries, and transaction in more than 200 countries.
Today, more than 30,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-ready cloud business management suites of enterprise resource planning (ERP) and ecommerce applications for businesses of all sizes. Many FORTUNE 100 companies rely on NetSuite to accelerate innovation and business transformation. NetSuite continues its success in delivering the best cloud business management suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud accelerates.
RSM is the UK's seventh largest firm of audit, tax and consulting services with revenues of almost £300m a year. The firm has 3,400 partners and staff operating from 35 locations throughout the UK.
RSM International is the sixth largest network of independent audit, tax and consulting firms, encompassing more than 120 countries, 760 offices and more than 38,000 people. The network's total fee income is $4.64bn.
About PageGroup (www.page.com)
PageGroup (formerly known as Michael Page International) is one of the world`s best-known and well-respected professional recruitment consultancies. Established 40 years ago in the United Kingdom, we now span 153 offices in 35 countries. We are a leading provider of permanent, contract and temporary recruitment for clerical professionals, qualified professionals and executives.
Through organic growth we have become a FTSE 250 company with more than 5,835 employees globally. We operate a consultative approach to professional recruitment combining local know-how with global expertise, to find the best fit between client and candidate.
For more information about NetSuite, please visit www.netsuite.com.
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SOURCE NetSuite Inc.