HP selects NetSuite OneWorld for business management

HP has deployed NetSuite OneWorld for business management within its software business.
NetSuite is provider of cloud based financials/ERP and omnichannel commerce software suites.
The deployment supporting 15 countries was a six month process which has also replaced four disparate on-premise legacy systems.
HP Software will run mission-critical business processes including order-to-cash, revenue recognition and multi-currency by using single unified instance of NetSuite OneWorld.
Multi currency will include the Euro, the Japanese yen, the Swedish krona, the Swiss franc, the British pound and the dollars of the U.S., Canada, Australia, New Zealand, Singapore and Hong Kong, intercompany transactions and multi-country taxation compliance.
The NetSuite OneWorld deployment will provide flexibility, agility and scalability and a real time view of the customer data across multiple business units and countries.
NetSuite delivers the best cloud ERP/financial suites to businesses around the world and enables them to lower IT costs while increasing productivity.
“The two-tier ERP implementation with NetSuite OneWorld is robust and elegant and provides us with new agility, flexibility and scalability in our management of the Software business,” said Paul Chapman, chief information officer, HP Software.
Last month, NetSuite announced Actian and MongoDB deployed NetSuite OneWorld’s single, unified cloud-based business management suite to replace Intacct accounting software.
In February, Mazar, international audit and consulting firm, selected NetSuite OneWorld as its cloud-based business management suite to power operations in four countries across Asia: China/Hong Kong, Indonesia, Singapore and South Korea.
The University of Santo Tomas (UST) joined the NetSuite Academy Program to bring cloud based business management solutions to university classrooms in February.