NetSuite, the world's No. 1 cloud ERP, in their annual media press conference held at Sharing-la Makati held last November 22, 2011, announced the key developments of their Philippine operations. One of which was a great news that Yuchengco Group of Companies (YGC) has adopted NetSuite OneWorld PH to manage 11 of its subsidiaries, including five companies held by its House of Investments subsidiary.
NetSuite OneWorld PH provides rapid deployment, integration with Oracle ERP at the corporate headquarters, agility and scalability according to YGC.
NetSuite OneWorld PH has been localized for the accounting rules, usage conventions, statutory and regulatory requirements of the Philippine market, including tax reporting requirements mandated by the Bureau of Internal Revenue (BIR). This feature surely enables accountants to save time from those complicated computations which could further delay their tax computations.
NetSuite OneWorld PH is the perfect solution for Philippine businesses to manage their domestic and global businesses in the cloud, whether they are locally headquartered or a division of a larger, multinational enterprise.
NetSuite's CEO Zach Nelson also made a presentation to the media about the recent developments of NetSuite and announced their new partners. Presented also during the press conference were the companies' success stories on how they were able to improve their business with the use of NetSuite OneWorld PH.
Sixteen universities worldwide have already made the move to the cloud by adopting NetSuite as a key component of their accounting degree curricula. Purdue University; University of California, Los Angeles; University of Toronto; Mapúa Institute of Technology; De La Salle University and University of San Carlos in the Philippines are among some of the institutions that have embraced NetSuite, for many of the same reasons that thousands of companies worldwide have switched from on-premise software to the NetSuite cloud—to keep pace with 21st century business and computing trends, avoid integration hassles, and escape the vicious cycle of software upgrade and the high maintenance costs caused by on-premise software such as SAP, Microsoft Dynamics Great Plains and QuickBooks.
Here in Cebu, aside from University of San Carlos, NetSuite is also looking on partnering with other schools like Cebu Institute of Technology-University and University of San Jose-Recoletos in the months to come and integrate NetSuite in the school curriculum.
For more information about SuiteAcademy, please visit http://www.netsuite.com/suiteacademy.
Today, more than 10,000 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 organizations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations, as demonstrated by the 2011 CODiE Award for Best Financial Management Solution, as well as a recent Gartner study naming NetSuite as the fastest growing financial management systems vendor in the world. NetSuite has continued its success in delivering the best cloud business suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating.
To know more about Netsuite, follow NetSuite's Cloud blog, NetSuite's Facebook page and @NetSuite Twitter handle for real-time updates.
For more information about NetSuite, please visit www.netsuite.com.
NetSuite OneWorld PH provides rapid deployment, integration with Oracle ERP at the corporate headquarters, agility and scalability according to YGC.
NetSuite OneWorld PH has been localized for the accounting rules, usage conventions, statutory and regulatory requirements of the Philippine market, including tax reporting requirements mandated by the Bureau of Internal Revenue (BIR). This feature surely enables accountants to save time from those complicated computations which could further delay their tax computations.
NetSuite OneWorld PH is the perfect solution for Philippine businesses to manage their domestic and global businesses in the cloud, whether they are locally headquartered or a division of a larger, multinational enterprise.
NetSuite's CEO Zach Nelson also made a presentation to the media about the recent developments of NetSuite and announced their new partners. Presented also during the press conference were the companies' success stories on how they were able to improve their business with the use of NetSuite OneWorld PH.
Sixteen universities worldwide have already made the move to the cloud by adopting NetSuite as a key component of their accounting degree curricula. Purdue University; University of California, Los Angeles; University of Toronto; Mapúa Institute of Technology; De La Salle University and University of San Carlos in the Philippines are among some of the institutions that have embraced NetSuite, for many of the same reasons that thousands of companies worldwide have switched from on-premise software to the NetSuite cloud—to keep pace with 21st century business and computing trends, avoid integration hassles, and escape the vicious cycle of software upgrade and the high maintenance costs caused by on-premise software such as SAP, Microsoft Dynamics Great Plains and QuickBooks.
Here in Cebu, aside from University of San Carlos, NetSuite is also looking on partnering with other schools like Cebu Institute of Technology-University and University of San Jose-Recoletos in the months to come and integrate NetSuite in the school curriculum.
For more information about SuiteAcademy, please visit http://www.netsuite.com/suiteacademy.
Today, more than 10,000 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 organizations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations, as demonstrated by the 2011 CODiE Award for Best Financial Management Solution, as well as a recent Gartner study naming NetSuite as the fastest growing financial management systems vendor in the world. NetSuite has continued its success in delivering the best cloud business suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating.
To know more about Netsuite, follow NetSuite's Cloud blog, NetSuite's Facebook page and @NetSuite Twitter handle for real-time updates.
For more information about NetSuite, please visit www.netsuite.com.
NetSuite OneWorld PH is the perfect solution for Philippine businesses to manage their domestic and global businesses in the cloud, whether they are locally headquartered or a division of a larger, multinational enterprise.
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