SAN MATEO, Calif.—July 23, 2014—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-basedfinancials / ERP and omnichannel commerce software suites, today announced that Quorum Federal Credit Union (www.quorumfcu.org), one of the nation's strongest credit unions with members in 50 states and a network of more than 86,000 ATMs and 12 service centers, has selected NetSuite OneWorld to manage its financials, help support its rapid growth and power its business transformation. The Purchase, N.Y.-based company is replacing multiple, siloed software applications and a multitude of spreadsheets with NetSuite OneWorld to run its core financial management operations including general ledger, purchasing, accounts payable, fixed assets, multi-company financial consolidation, budgeting, forecasting and electronic payments. With an 80-year history and origin as the Kraft Foods employee credit union, Quorum has grown and evolved rapidly in recent years, including the recent launch of a new brand and a slick, new online and mobile banking platform to better serve its members. Adopting NetSuite OneWorld can enable Quorum to transform its business operations and gain the visibility, agility and flexibility it needs to grow the business, while eliminating version lock, and the costly upgrades and maintenance of its previous on-premise legacy systems.
Quorum Federal Credit Union Chooses NetSuite OneWorld to Support Business Growth
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