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TheStreet Open House

NetSuite Adds New Philippine VARs To Its Growing Solution Provider Program

Stocks in this article: N

SAN MATEO, Calif. and MAKATI CITY, Philippines, April 2, 2014 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that Asper Solutions and CloudQwest, two IT and business consultancies headquartered in greater Manila, have joined the NetSuite Solution Provider Program to meet increasing demand for cloud solutions across the Philippines. These new partnerships add to an expanding network of value-added resellers (VARs) equipped to deliver NetSuite implementation and optimization for small, medium and large organizations in the Philippines. The partnerships with NetSuite enable Asper Solutions and CloudQwest to focus on helping organizations streamline their business processes with NetSuite's industry-leading cloud business management suite for financials / ERP, CRM, ecommerce and professional services automation (PSA).

"The movement to the cloud away from desktop applications, in-house servers and paper-based processes is rapidly accelerating across the Philippines," said James Dantow, NetSuite VP for Worldwide Support and General Manager for the Philippines. "Asper Solutions and CloudQwest are both ideally positioned to help organizations reap the rewards of cloud business management and improve their business agility and performance."

Cloud adoption is on the rise as Philippine businesses spanning a variety of industries, including in manufacturing, wholesale distribution, retail and ecommerce, food and hospitality and others, upgrade to the cloud from antiquated on-premise software and servers and paper-based processes. NetSuite's single, unified business management solution is helping a growing number of Philippine businesses accelerate business processes, improve internal productivity and gain real-time visibility into key business metrics. NetSuite customers also typically reduce operational and IT expenses while gaining the ability to rapidly expand into new markets and launch new business ventures. The NetSuite PH edition is localized for the accounting rules, usage conventions and regulatory requirements of the Philippine market, including comprehensive support for Bureau of Internal Revenue (BIR) tax reporting requirements.

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