Corporate Protection Australia Group Realizes Fast ROI with NetSuite
Company
Corporate Protection Australia Group
Location
Brisbane, Australia
Industry
Services
Applications Replaced
MYOB
Solutions
NetSuite OneWorld CRM
IMPLEMENTATION PARTNER
NetSuite Professional Services
“The biggest value for the board of directors has been our ability to
realize payback from our investment in NetSuite. We couldn't be happier with the product.”
Corporate Protection Australia Group
Customer Success
NetSuite supplies high business visibility and control for the provider of third-party
security, paramedic, and fire and rescue training and labor to about 170 companies in the
mining, maritime and critical infrastructure industries.
Corporate Protection Australia Group (CPA Group) has grown revenue by nearly 40% since
phased NetSuite rollout got under way in 2013, replacing MYOB.
CPA Group has a scalable growth platform as it plans to more than double its workforce from
450 to 1,000 in the next several years.
CPA Group is saving the expense of four full-time employees by outsourcing its AP/AR and
payroll processes to third-party providers using CPA Group’s NetSuite instance.
By outsourcing finance and payroll through the cloud, CPA Group recouped its NetSuite
investment in just over a year and spends just one-sixth of what it did previously on
accounting.
NetSuite OneWorld supplies multi-entity management and global financial consolidation across
seven subsidiaries, including New Zealand, Papua New Guinea, Malaysia and Singapore.
Use of multi-currency conversion capabilities in NetSuite OneWorld will expand from two or
three currencies to five or six currencies in the next year and a half as the company
continues to grow.
Financial consolidation that used to take a day and a half each month is now accomplished in
a couple of hours.
CPA Group sales personnel leverage unified customer records in NetSuite CRM to improve sales
and service effectiveness.
CPA Group has reduced its on-premise server count from four to one while minimizing its IT
overhead.
Challenges
MYOB lacked multi-entity, multi-currency and financial consolidation capabilities, forcing
CPA Group in time-consuming and error-prone manual exports and reporting from spreadsheets.
CPA Group lacked timely visibility into key business metrics with monthly reporting through
MYOB and Excel.
Solution
After evaluating Microsoft Dynamics NAV (Navision) and SAP Business One, CPA Group selected
NetSuite as a secure, scalable cloud platform that could support its strong growth.
Pilot implementation by NetSuite Australian partner JCurve demonstrated the viability of the
solution to board of directors and financial managers.
Customized record and workflow creation through SuiteCloud Development Platform enables CPA
Group to tune NetSuite to its unique business requirements.