Tableau Software Soars from Startup to Global Enterprise with NetSuite


Tableau Software

Company

Tableau Software

Location

Seattle, Wash.

Industry

Software

Applications Replaced

QuickBooks, Excel

Solutions

NetSuite OneWorld
Revenue Recognition
Advanced Billing


"It was very important to have a solution that could scale and grow with us. NetSuite is reliable, it's organised, it can be counted on and it's made a lot of things so much easier. Now that we're on OneWorld, it's an amasingly efficient way to manage our global finances and operations." Tableau Software

Customer Success

  • As an early-stage company in 2008, Tableau selected NetSuite as a scalable cloud ERP platform capable of supporting strong growth leading towards an IPO.
  • The strategic decision was geared to avoid the disruption of upgrading systems in the middle of a growth curve and the burdens of on-premise software and servers.
  • Since 2008, Tableau has grown its revenue nearly 17x, from $13.2 million to $232.4 million in 2013, while its workforce has grown from 99 to more than 1,200 employees.
  • Financial controls and accountability in NetSuite helped position the company for a successful $254.2 million IPO in May 2013.
  • Fast-growing Tableau has significantly increased its business efficiency and visibility, enabling focus on core competencies of superior software and service.
  • Live in 2011, NetSuite OneWorld has enabled Tableau to streamline management, financial consolidation and reporting across subsidiaries in London, Dublin, Tokyo, Singapore, Australia, Canada, France and Germany.
  • Tableau has eliminated labourious manual processes in Excel for global consolidation and reporting with NetSuite OneWorld.
  • Automated exports of NetSuite data to Tableau's own visual analytics software supports ad hoc analysis for data-driven decision-making.
  • NetSuite Revenue Recognition has streamlined management and accounting of diverse revenue streams, including subscription and traditional term licensing, while supporting audit requirements.

Challenges

  • Previous solution could not support Tableau’s ambitious plans for aggressive domestic and international growth.
  • Tableau needed speed and visibility into business data to maximise its efficiency and growth potential.

Solution

  • Tableau chose NetSuite over competing Microsoft, SAP and Intacct offerings for superior scalability, functionality and customisability in a cloud ERP platform.
  • Rich NetSuite APIs enable seamless integration between NetSuite ERP and Tableau’s Salesforce.com CRM system.
  • Solution for sales tax automation from NetSuite partner Avalara improves compliance while eliminating tedious work.

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