"NetSuite can give us control of our ERP back, rather than being part of a black box in a server room that is owned and controlled by somebody else," said Mr Balbontin. "The ability for us to manage our own reports, the flexibility of accessing data that we need and not having to worry about upgrades and maintenance costs are major bonuses that give us the ability to operate at a much lower cost than what we currently have today. The open code also makes a big difference to us in terms of being able to scale faster and be the masters of our own destiny."
Looking beyond the initial OneWorld deployment, Lonely Planet is also exploring Ecommerce opportunities with NetSuite's SuiteCommerce Platform. NetSuite OneWorld provides an integrated business management suite for Ecommerce, giving businesses like Lonely Planet the ability to efficiently manage international operations and consolidate the entire breadth of Ecommerce business activities. This includes accounting, order management, inventory, warehouse management, returns management, billing, customer support, marketing, sales force automation and customer relationship tracking and management data in a single repository, allowing all aspects of Ecommerce to be managed from within one single application.
"Lonely Planet has a big vision to expand its footprint around the world and NetSuite OneWorld can support that vision to help the company achieve international growth with much greater ease," said Mark Troselj, managing director of APAC and Japan for NetSuite. "Without being encumbered by IT infrastructure, Lonely Planet can gain the agility and flexibility to grow and explore new markets knowing it can easily switch on vital business systems already geared to work in whatever market it enters. This can give Lonely Planet more power and control over its business, as well as real-time visibility on a global scale."
Today, more than 16,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud financials/ERP suites for divisions of large enterprises and mid-sized organisations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations as demonstrated in a recent Gartner study naming NetSuite as the fastest growing financial management software vendor on a global basis. NetSuite continues its success in delivering the best cloud ERP/financials suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating.