Content area
Full text
NetSuite Inc., the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that Singapore-based PropertyGuru Group ("PropertyGuru"), one of Asia's leading online property portals, has deployed cloud-based business management solution NetSuite OneWorld to accelerate its expansion across Asia Pacific. Replacing MYOB, Saleforce.com and numerous Excel spreadsheets, NetSuite OneWorld was deployed in 2012 to support financials, revenue recognition, subsidiary management, workflows to manage lead orders to cash and tax calculations in four currencies (SGD, MYR, IDR and THB) across Singapore, Malaysia, Indonesia and Thailand. Since deploying NetSuite OneWorld, PropertyGuru has grown from 100 to 300 employees and tripled its revenues in the same period. NetSuite OneWorld can also support PropertyGuru's planned IPO on the Australian Securities Exchange later this year, enabling the company to run global auditing and accounting compliance reporting in multiple countries and currencies.




