NetSuite and Deloitte have formed an alliance to provide implementation, finance transformation, change management and consulting services to the market.
Deloitte’s alliance with the provider of cloud-based financials, enterprise resource planning and omnichannel commerce software suites should include offerings for both mid-market and larger enterprise clients seeking a two-tier ERP approach.
"NetSuite's demonstrated/time-tested, customizable solution gives us the platform to answer the growing demand for cloud ERP which we have seen from businesses of all sizes," stated Paul Clemmons, principal of Deloitte Consulting LLP and Deloitte's emerging technologies lead. "With Deloitte's change management, industry experience and integration services, our joint customers can rapidly realize the power of the cloud."
NetSuite, with its fully integrated system that covers ERP/financials, CRM, ecommerce and inventory for organizations to manage core business practices, and Deloitte, with skills and resources in security, privacy and industry processes, hope to leverage these respective strengths to drive innovation.
Specifically, the two-tier ERP approach will enable organizations to efficiently use NetSuite during acquisitions, start-up business units or remote geographies while still running larger ERP products at its headquarters. The alliance is also expected to introduce an offering to automate adherence to revenue recognition rules via an ERP system-integrated cloud solution, as well as incorporate an omni-channel offering for organizations to establish a financial and retail commerce foundation.
"Global enterprise and mid-market organizations are turning to cloud ERP for its agility, scalability and flexibility," said Jim McGeever, chief operating officer at NetSuite, in a statement. "NetSuite's proven cloud ERP together with Deloitte's breadth and depth of consulting services provides the resources for these organizations to adapt and prosper amidst the fast-paced business environment of today."