Misys Banks On NetSuite OneWorld To Transform Global Business Across More Than 150 Subsidiaries In 70 Countries - Seite 2

• Robust customisation capability to meet unique order-to-cash requirements.
• Agility to adapt to market changes, future-proof the existing business and rapidly expand to other markets.
• Simplified recurring billing on complex multi-year contracts, and a single global procure to pay system.
• Significantly reduced time and overhead of managing finance and reporting for the projects it runs for more than 2,000 customers, including 47 of the world's 50 largest banks.
• Superior multi-subsidiary management enabling real-time reporting across 150+ subsidiaries in 70 countries; Misys leverages NetSuite's prebuilt capabilities for tax compliance in these 70 nations.
• Multi-currency transactions and reporting in 51 currencies including the Euro, the Japanese yen, the Swedish krona, the Swiss franc, the British pound and the dollars of the U.S., Canada, Australia, New Zealand, Singapore and Hong Kong.
• Built-in revenue recognition capabilities managing a diverse income stream from subscription, perpetual and term licensing, as well as revenue from training, services and events. Unifying all relevant data onto one system has enabled real-time insight into project finances, aiding service resource planning, and delivering more efficient Order to Billing and VSOE reporting processes.
• Real-time insightful reporting empowering Misys managers and personnel to view key metrics, drill down to detail and generate ad-hoc reports without the need to engage IT professionals.
• Superior procure to pay enables Misys employees worldwide to benefit from real-time access to NetSuite for raising and approving purchase orders, replacing a previous system that required manual reconciliation on more than 55 percent of purchase orders – a significant overhead for the finance team, providing tight financial controls and improved communication with vendors and partners.

Today, more than 24,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-ready cloud business management suites of enterprise resource planning (ERP), customer relationship management (CRM), and ecommerce applications for businesses of all sizes. Many FORTUNE 100 companies rely on NetSuite to accelerate innovation and business transformation. NetSuite continues its success in delivering the best cloud business management suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud accelerates.