SYDNEY, Oct. 31, 2013 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials/ ERP and omnichannel commerce software suites, today announced that a growing number of organisations in the Australian retail, wholesale and distribution sectors are building and expanding successful businesses with NetSuite's cloud-based business management software solutions. NetSuite allows retailers, wholesalers and distributors, such as The Brand Stable, 2Chillies and Watches of Switzerland, to streamline their business processes, improve business performance and profitability, expand sales channels and provide an omnichannel commerce experience to its customers, as they gain the agility needed to compete in the highly competitive retail market in Australia. These organisations are able to power their businesses faster and further with a single, integrated business management system from NetSuite, covering financials, inventory management, warehousing, order management, CRM and omnichannel sales, across in-store, Ecommerce and mobile channels in both B2C and B2B markets. With NetSuite, Australian retailers, wholesalers and distributors are able to transform the efficiency, transparency and business performance of their growing omnichannel businesses, delivering an unprecedented frictionless omnichannel customer experience.
Australian retailers, wholesalers and distributors are benefiting from the power of NetSuite SuiteCommerce, which offers a commerce platform for direct-to-consumer and wholesale business, with the ability to run multiple branded websites tailored to geographic regions or customer segments from a single instance. Others are leveraging NetSuite OneWorld to help power global business with capabilities for multi-currency transactions and local tax compliance. NetSuite inventory management, demand planning and order management capabilities enable retail organisations to streamline the end-to-end supply chain—from procurement across hundreds of suppliers, to fast and accurate orders over multiple touchpoints. NetSuite financials and flexible reporting capabilities enable retail management to monitor key metrics in real-time and make informed data-driven decisions that drive the business forward.