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Home Resources White Papers

ERP Flexibility: critical for today’s CFO and CIO

NetSuite by NetSuite
January 9, 2024
ERP Flexibility: critical for today’s CFO and CIO

ERP Flexibility: critical for today’s CFO and CIO

The cloud has opened new possibilities for CFOs and CIOs to think differently about their IT infrastructure, and how they can increase flexibility and agility in support of innovative businesses.

This NetSuite whitepaper highlights the importance of financial software in adapting to evolving business models.  Among the topics covered are:

  • Evolving IT Architecture to Support Business
  • A new strategy for the Enterprise
  • Frequently asked questions when upgrading IT
  • Making it happen
  • What an innovation company looks like

It introduces the concept of two-tier ERP whereby large organisations use tier 1 ERP for financials and other core common processes at the corporate level and tier 2 ERP for subsidiary or smaller operations to address specific requirements of each subsidiary or business unit.

According to NetSuite, the two-tier strategy enables the company to shift how it approaches business model integration, preventing it from needing to consolidate new and different entities into one solution while still enabling consolidated financial reporting.

Click on the link to download your copy of this NetSuite whitepaper.

DOWNLOAD NOW

Related:  7 actions businesses need to take now
Tags: cloud ERPOracle NetSuitetier 2 ERP
NetSuite

NetSuite

For more than 20 years, Oracle NetSuite has helped organizations grow, scale and adapt to change. NetSuite provides a suite of cloud-based applications, which includes financials / Enterprise Resource Planning (ERP), HR, professional services automation and omnichannel commerce, used by more than 16,000 customers in 203 countries and dependent territories. For more information, please visit http://www.netsuite.com.sg For real-time updates, follow NetSuite’s Cloud blog: http://www.netsuiteblogs.com/ Facebook page: http://www.facebook.com/netsuite Twitter: @NetSuite Twitter

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