—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials /ERP and omnichannel commerce software suites, today announced that Bloom & Grow, a leading Asian wholesale distributor of baby, infant and maternity products, has selected NetSuite OneWorld to power its core business processes and to expedite its expansion across Asia and Australia. The wholesale distributor replaced its own custom-built on-premise ERP software with a single instance of NetSuite OneWorld to manage its financial consolidation, inventory management, order management, tax compliance, and customer relationship management (CRM). The company is also leveraging NetSuite’s superior omnichannel commerce platform to support its B2B ecommerce. NetSuite OneWorld provides multi-subsidiary, multi-language and multi-currency support that enables Bloom & Grow to manage its operations in real-time, with automated reporting and consolidated financials at its head office in Hong Kong and across five subsidiaries (in Singapore, Hong Kong, Malaysia, Australia and Mainland China) in four languages (English, Chinese, Malay and Bahasa ) for eight different currencies (GBP, USD, SGD, RM, AUD, EUR, HKD and RMB) across seven countries (Singapore, Malaysia, Taiwan, Hong Kong, Indonesia, China and Australia), with the capacity to support additional languages and currencies for future expansion.
NetSuite OneWorld Enables Bloom & Grow to Grow and Flourish