Cloud-based financials and ERP software suites provider NetSuite Inc. has released NetSuite Two-Tier ERP for Oracle, powered by a new version of NetSuite OneWorld and SuiteCloud Connectors to Oracle and provided by NetSuite ISV partners including IBM Cast Iron, Informatica, Dell Boomi, Celigo, and Pervasive Software.
NetSuite Two-Tier ERP for Oracle is designed to enable multinational enterprises to drive global expansion by deploying the NetSuite to run subsidiaries and divisions while preserving headquarters' investments in Oracle.
The company claims the key to NetSuite Two-Tier ERP for Oracle is a new version of NetSuite OneWorld .With NetSuite OneWorld, Oracle customers can manage global business operations in real time and roll up division-level transaction and summary data to gain an enterprise-wide view of business operations.
New key features of NetSuite OneWorld include embedded analytics and role-based dashboards with prebuilt KPIs, reports, workflow triggers and drill-down to transactional detail; financial and operational dashboards for division and subsidiary stakeholders; and support for over 190 currencies, 19 languages and country-specific accounting standards.
This story first appeared on the Accounting Today web site.