Top VARs Strengthen NetSuite's Expansion in Asia Pacific

SINGAPORE, April 7, 2014 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that Bechelon Consulting (Hong Kong), Chamomix IT Consulting (Australia), Cyber Business Solutions (Malaysia) and SmartMegh Solutions (India), have joined the NetSuite Solution Provider Program to meet the increasing demand for cloud solutions across Asia Pacific. These partners are adding NetSuite's cloud business management solutions to their product offerings to enable businesses to run their core processes in the cloud, including ERP, CRM, ecommerce, professional services automation (PSA) and more.

"The channel is an important part of our strategy in Asia Pacific – the scale and resources required to meet the growing demand for cloud services throughout the region is best met by key selected partners that can offer local specialist support, advice and implementation services," said Mark Troselj, managing director of APAC and Japan for NetSuite. "These new partners optimise our leading solutions for our growing customer base, backed by competitive revenue share, investment and resourcing models from NetSuite."

Launched in 2002, the NetSuite Solution Provider Program is the industry's first cloud channel partner program and brings industry leading margins and incentives to hundreds of channel partners. Designed to help solution providers transform their business model to fully capitalise on the revenue growth opportunity of the NetSuite cloud, the NetSuite Solution Provider Program delivers unprecedented services that begin during recruitment and range from business planning, sales, marketing and PS enablement, to training and education. For more information about the program, visit www.netsuite.com/AsiaPartners.

The new partners that have joined the NetSuite Solution Provider Program include:

Bechelon Consulting Limited (http://www.bechelon.com/)
Hong Kong-based Bechelon was founded in 2003 and is focused on delivering enterprise solutions to manufacturing and distribution companies in South China from its offices in Hong Kong, Shenzhen and Macau. Bechelon is a key Oracle eBusiness reseller for ERP solutions and a Microsoft Business Solutions partner. To keep up with customer demand, Bechelon is looking to expand its footprint into cloud offerings and partnered with NetSuite to deliver its full suite of cloud-based business management solutions. Since partnering with NetSuite, Bechelon has won several key customer deals, including Asia Cardiovascular Product Limited, which migrated from Accpac to NetSuite for financials, inventory management, sales and purchasing.

"In view of intensifying global competition and demanding customers, many companies find it very difficult to keep up with their competitors if they are not agile enough, especially given most of our customers' headquarters are based in Hong Kong and their manufacturing facilities in China," said Toney Chang, Director - Enterprise Solutions for Bechelon. "We are very excited to now be offering NetSuite's cloud solutions, which can give manufacturers and distributors the agility and business tools they need to keep up with shifting economic conditions, accelerated time to value and the need to innovate rapidly."

Chamonix IT Consulting (http://chamonix.com.au/)
Chamonix is an Australian IT consulting firm with offices in Sydney, Melbourne, Adelaide and Darwin. It provides deep capabilities in process optimisation, driving value out of data, as well as change management and implementation services. It services span across the full lifecycle of systems integration and business analysis projects for large enterprise and government clients, such as building custom applications, implementing off-the-shelf software or developing cloud-based solutions. Chamonix has joined the NetSuite Solution Provider Program to strengthen its leadership in cloud integration services by deploying NetSuite's leading ERP solutions to Australian businesses.

"Australian business managers understand their organisations need to streamline processes and improve their efficiencies to maintain competitive – we see the use of cloud computing as a major part of this enablement," said Dave Pettet, Director of Chamonix IT Consulting. "Our partnership with NetSuite is crucial in helping us provide our customers with a powerful business management tool that supports this flexibility and efficiency and will enable them to adapt at a much faster rate than ever before. This is something many businesses have been struggling with using traditional on-premise software, not to mention the huge cost of using and maintaining such systems."

Cyber Business Solutions Sdn Bhd (http://www.cbsagroup.com/)
Founded in 1996 in Kuala Lumpur in Malaysia, Cyber Business Solutions provides specialised enterprise solutions and system integration services, primarily on RFID of asset management, security and e-procurement. The company operates as a subsidiary of Malaysian-listed CBSA Berhad, which specialises in IT, as well as search and advertising. Cyber Business Solutions can deliver NetSuite's full suite of cloud-based business management solutions with a focus on the distribution and services industries, including search and advertising businesses.

"As MSC Malaysia continues to drive interest and adoption of cloud solutions by Malaysian businesses through its Cloud Computing Enablement Initiative, our partnership with NetSuite to deliver its leading cloud-based business management solutions is key in helping us actually make this a reality for them," said Yee Teang, Consulting Director for Cyber Business Solutions.

SmartMegh Solutions (http://www.smartmegh.com/)
SmartMegh Solutions is a cloud-based enterprise solutions firm based in Chennai, India, with operations also in Dubai and Nairobi. It was founded by a group of experts with over two decades of enterprise business applications experience, with a strong background in Oracle, PeopleSoft and JD Edwards implementations. As a pure play cloud solutions provider, SmartMegh is focused on cloud deployment, development and consulting. It is currently partnered with Ramco systems for ERP and HCM, Adaptive Insights for corporate performance management and Fresh Desk for help desk management solutions. To broaden its reach in the market, SmartMegh has partnered with NetSuite to complement these existing solutions and deliver NetSuite's full suite of cloud-based business management solutions, particularly focusing on CRM, ecommerce and retail solutions for the wholesale distribution industry in India.

"Indian organisations are becoming increasingly frustrated with the complexity and escalating costs associated with implementing and maintaining traditional ERP and CRM solutions and are looking for simpler solutions for their business problems," said Venkat Aravamudan, Founder and Director of SmartMegh. "By partnering with NetSuite we can offer organisations of all sizes world-class business management solutions that will transform their businesses to become far more efficient and streamlined."

Today, more than 20,000 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-class cloud ERP suites for divisions of large enterprises and mid-sized organisations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations, as demonstrated by a recent Gartner study naming NetSuite as the fastest growing top 10 financial management systems vendor in the world. NetSuite continues its success in delivering the best cloud ERP/financial suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud accelerates.

For more information about NetSuite please visit www.netsuite.com.sg.

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SOURCE NetSuite Inc.