Company Name:
i-nexus
Industry:
Software
Headquarters:
Coventry, England
Applications Replaced:
Sage, legacy systems
NetSuite Product:
NetSuite
NetSuite Helps European Software Company Raise £5 Million in Venture Capital
"There's no doubt that NetSuite has continued to help us increase sales. Over the five-year period NetSuite has helped us grow revenue by 250 to 300 percent. A lot of that is down to the transparency that NetSuite provides. We can see exactly what's happening and what needs to be done."
—i-nexus
Results:
- Financial transparency, confidence in business performance helped secure £5 million in venture capital
- Revenues have grown by 250% in the years since bringing in NetSuite
- Reliable, up-to-date information and powerful reporting tools have improved management's self confidence, decision-making.
Challenges:
- Startup business software maker lacked visibility into financial information
- Financial and customer information was inaccurate, inconsistent
- Lack of reliable data threatened company's ability to grow.
Solution:
- Chose NetSuite over SAP, Salesforce.com
- Began by implementing ERP, then integrated CRM.
