What is ERP Oracle NetSuite?

ERP Oracle NetSuite is a comprehensive enterprise management solution built on a cloud-based platform (True Cloud ERP), used by over 38,000 businesses across 219 countries.

Oracle NetSuite integrates all management functionalities into a single, all-in-one system, helping businesses of various industries and sizes more effectively manage and automate core processes and operations such as financial and accounting management, sales management, inventory management, production, and supply chain.

Oracle NetSuite also enables the management of multiple companies and branches within the same country, or across different countries, facilitating rapid and timely data consolidation and overall enterprise management, leading to accurate operational decisions.

The Oracle NetSuite system allows for the establishment of various dynamic processes, suitable for businesses with diverse operations (e.g., within one enterprise, there might be retail, distribution, and manufacturing activities, and the purchasing process would be configured to suit these specific business lines).

NetSuite provides real-time, visually intuitive reports on operational and financial performance, offering tight control over production and business activities. This helps businesses boost performance and save costs.

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The SAP roll-out project, consulted and implemented by Citek, has helped Nippon Paint synchronize processes and data between our companies in Singapore and Vietnam. Additionally, standardized solutions aligned with VAS standards, VAS reporting packages, E-Invoice, and E-Banking were integrated. As a result, processing time, accounting closing periods, and report submission were reduced by up to seven days, enabling us to fully leverage the strengths of the group's analytical reporting system and apply it across various operations and units.
 

Ms. Nguyen Thi Anh Tuyet

Ms. Nguyen Thi Anh Tuyet

Head of Financial Accounting Department - Nippon Paint Viet Nam