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TheStreet Open House

NetSuite Cloud Moves BioPak To Greener Pastures

Stock quotes in this article: N

SYDNEY, March 4, 2013 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, today announced that sustainable packaging solutions provider BioPak has switched to NetSuite to support strong business growth of an average of 176 percent year-on-year for the past four years. BioPak replaced Sage CRM, MYOB and other applications and spreadsheets with NetSuite OneWorld to provide a complete cloud-based business management solution to better manage its global financials, inventory, order management, CRM, eCommerce, third-party warehouse partnerships and other core business processes—all with minimal in-house IT resources. For more information on NetSuite OneWorld, please visit www.netsuite.com/oneworldpr1.

To view the multimedia assets associated with this release, please click http://www.prnewswire.com/news-releases/netsuite-cloud-moves-biopak-to-greener-pastures-193669641.html

NetSuite enables several major areas of improvement for BioPak. NetSuite's easy customisation allowed BioPak to create a range of automated business tools, including a carbon tax calculator that computes its greenhouse gas emissions to maintain a carbon neutral status, as well as a least-cost freight calculator that computes the cheapest freight costs in real-time. BioPak also plans to launch a B2B online store in 2013, to allow business customers to purchase its plant-based packaging solutions online at any time.

Founded in 2006, Sydney-based BioPak designs, produces and distributes plant-based, biodegradable and compostable packaging solutions across Australia and New Zealand, shipping out 25 to 30 million total items per month. Its biggest market is coffee cups, which it ships approximately ten million units of a month. Increasingly, it also supplies other industries turning to sustainable packaging, including the electronics, medical and whitegoods sectors. A regional pioneer of sustainable packaging, BioPak's 176 percent year-on-year growth for the past four years led to a FY2012 turnover of $11.2 million, and a ranking as the eighth-fastest growing company in the BRW Fast 100 in 2012.

This rapid growth strained BioPak's MYOB small business software, which required additional manual spreadsheets. After reviewing enterprise on-premise ERP solutions from SAP, Microsoft and Exactus, BioPak quickly realised the scalability benefits of NetSuite's cloud-based business management suite to support its future expansion plans both regionally and globally. NetSuite also proved to be far more cost effective and much less complex than the on-premise solutions BioPak reviewed.

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