CultureAmp – NetSuite ERP Implementation Case Study
NetSuite ERP unifies data and processes from all core business functions to offer all of the benefits outlined here, including company-wide visibility, major efficiency gains, scalability, mobility, data security and compliance.
Discover how CultureAmp utilised Oracle NetSuite to streamline their business operations, optimise financial management, and foster a thriving work environment centered around employee engagement and organisational success.
Introduction
CultureAmp is an Australian “unicorn” Company that offers complete employee feedback and performance management solution. CultureAmp was launched in 2011 and acquired a “unicorn” status in 2019.
Challenges
- Compliance and Reporting took a lot longer to prepare
- Replication of Data & Effort
- Excel use was high, to overcome capability gaps in the core incumbent system
- Application of complex intercompany and foreign currency requirements was onerous
CultureAmp Business Objectives/Needs
- Platform to scale and grow the business Globally from $10m to $100m in 4 years
- Multi-entity business management, for a truly global business structure
- Advanced financial management including Consolidation, Accounting, Tax and Payroll
- Advanced revenue recognition, to future proof compliance with changing accounting standards
- Deeper technical accounting capabilities to move work managed from Excel
- Better Business Reporting and Analytics to drive business strategy
- Tighter integration between Business Processes that are cross-functional
- A mature API/App platform to connect multiple systems (ie. Salesforce) and leverage turnkey niche solutions
- Mobile access to users
AVT Engagement
- Deployed Oracle NetSuite ERP financials and Revenue Management to run all global business operations
- Help Streamline AP and AR process, financial management and business reporting
- Enable Reporting for multi-location and multi-currency business management and oversees business operations
Oracle NetSuite ERP System – The #1 Cloud Business Management System
The only ERP you’ll ever need
Oracle NetSuite ERP is a cloud based business platform that provides your business with complete end to end solution and integrated reporting to run your organisation in a streamlined way. With over 32K customers globally, your business can easily deploy and roll out streamlined processes, prebuilt Dashboards, Reports, KPI that can help overcome reporting and operational challenges you are facing today and align your business to meet future needs. Using the APIs, you can easily integrate your ERP data with 3rd Party systems and reduce your data entry administration.
To learn more, AVT – Australia’s Leading NetSuite Solution Provider & Partner has created a complimentary NetSuite ERP Evaluation micro-site to help executives learn more about ERP and its deployment, using pre-recorded process demo videos, White papers and data sheets, so you may evaluate this at your own pace. You can gain access to to the site by completing your Registration in the link: NetSuite Overview Demos.
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Implementation
AVT uses its proven implementation methodology to implement solutions. The approach can be tailored to suit the exact requirements of each client, and is documented and agreed by all parties at the project initiation.
