TOKYO, Japan, July 1, 2014 /PRNewswire/ -- NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that mobile back-end-as-a-service and data synchronization technology company, Kii Corporation, has deployed NetSuite OneWorld to drive its global business growth. As Kii Corporation expanded its business globally, its home-grown, on-premise ERP software system, cumbersome manual processes and spreadsheets had become obstacles that were hindering the company's growth. Kii Corporation turned to NetSuite OneWorld and moved its mission-critical business processes to the cloud. Kii is relying on NetSuite OneWorld to manage its global business operations including global financial management, financial consolidation, multi-currency (JPY, USD, RMB, HKD and Euro), order management and purchasing – all within one unified cloud solution in real time. Additionally, NetSuite OneWorld's employee center capability also allows Kii to manage its global employee workforce across three countries. As a result, Kii has gained the real-time visibility into its key business operations across China, the United States and Spain and the flexibility and scalability it needs to support Kii Corporation's potential future public listing, as the company continues to expand into new markets.
Kii Corporation provides businesses with one-stop business applications solutions, including Kii Cloud Mobile Backend, a dedicated cloud that provides hosting, user and data management for mobile app developers; Mobile Analytics, which analyzes mobile app data; Kii to China, solutions for entering the Chinese market; and Kii Capital, offering financial support for developers of mobile apps. Founded in 2010 after the merger between Servo Software and Synclore Corporation, Kii Corporation is currently expanding development and business in China, the United States and Spain.
Kii Corporation tracked performance indicators and created financial reports and other necessary financial documentation using a combination of home-grown accounting software and Microsoft Excel. However, with growing pressure to expand its business overseas, Kii Corporation began to realize the limitations of its in-house accounting software. In addition, the prospect of becoming publicly listed in the future required a cloud-based business management system that could be scaled globally.