TMCnet News

Australia : Australian myob users switch to Netsuite cloud to fuel growth [TendersInfo (India)]
[October 29, 2014]

Australia : Australian myob users switch to Netsuite cloud to fuel growth [TendersInfo (India)]


(TendersInfo (India) Via Acquire Media NewsEdge) NetSuite Inc., the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced an increasing number of Australian companies that are outgrowing standalone MYOB accounting software and switching to NetSuite's integrated cloud business management software suite for greater functionality, efficiency and capacity for growth, including Corporate Protection Australia Group (CPA Group), Transport Management Solutions (TMS), and Mayne Publications. Upgrading to NetSuite has spared these companies from having to manually re-key data between MYOB and separate application silos for CRM, inventory and order management, ecommerce and other core business processes. By making the switch, these businesses have gained process automation and real-time visibility into critical business metrics not possible with MYOB, as well as stronger business growth by eliminating the ceiling imposed by on-premise business accounting software.



"MYOB and other business accounting software can make sense for a small company just starting out, but it can't keep up as the company grows and adds new users, products, customers, markets and revenue streams," said Mark Troselj, managing director of Asia Pacific and Japan for NetSuite. "They generally face limitations in functionality, the need for data re-entering and reconciliation and a lack of process synchronisation and visibility, which inhibits their growth potential. We've seen time and again how MYOB defectors in numerous industries have thrived in the cloud after coming to the realisation that they didn't have the right solution to enable their next stage of development." (c) 2014 Euclid Infotech Pvt. Ltd. Provided by SyndiGate Media Inc. (Syndigate.info).

[ Back To TMCnet.com's Homepage ]