B2B Payments

DWA Adopts NetSuite OneWorld For Real-Time Global Financial Management

Netsuite, a cloud-based B2B financials/ERP vendor, confirmed Monday (Nov. 10) that DWA has replaced six instances of Sage Line 50 with one single instance of NetSuite OneWorld to manage mission-critical financial processes from order to cash, financial consolidation, multi-currency (including USD, AUD, Singapore Dollar, British Pound, and Euro), country-specific taxation compliances to real-time analytics and reporting across seven countries including the U.S., U.K., Germany, Australia, Singapore, China and India.

“Implementing NetSuite allows us to quickly expand and grow our business,” said Patrick Knight, DWA Head of Finance. “Consolidating all our global accounting systems with NetSuite has enabled our finance department to spend less time on reporting and be more effective and efficient. As NetSuite is cloud-based, our entire team can access and analyse a single version of the truth quickly anywhere and at any time.”

The company said that NetSuite OneWorld gives DWA a single version of the truth across key financial and business data, easier and faster reporting and decision-making, and seamless automatic software updates without the high IT overhead required to upgrade an on-premise system.

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