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CommVault Implements NetSuite OneWorld For Global Business Management

July 31, 2014

NetSuite reported that CommVault has gone live on NetSuite OneWorld to run global business operations in more than 25 countries.

According to a company release, CommVault replaced packaged and homegrown on-premise applications, as well as retired numerous in- house servers by implementing NetSuite OneWorld. CommVault is now using NetSuite OneWorld to run global business processes and operations including financial consolidation, billing and revenue recognition, multi-currency and multi-language management, fixed assets, professional services automation (PSA), budgeting and forecasting. This modernization effort has helped CommVault continue to transform its financial and operational infrastructure into an agile and unified cloud global business management platform.

"The biggest benefits with NetSuite have been automation and workflow," said Eric Luehmann, CommVault Financial Systems Manager. "With NetSuite, we've been able to reduce complexity with a unified platform that integrates with other cloud applications. NetSuite gives us a system that can grow with us."

After an evaluation against larger competing solutions, the Oceanport, N.J.-based CommVault selected NetSuite OneWorld as the foundation to support and build on the 20 percent average growth it has enjoyed in recent years, growing revenues to $586.3 million in fiscal 2014 with more than 20,000 customers. Live as of December 2013, the global NetSuite OneWorld solution was implemented in five months, plus two months of planning, in a joint effort between CommVault and NetSuite Professional Services.

NetSuite OneWorld is designed for the needs of global software companies, with built in support for real-time multi-subsidiary financial consolidation and reporting, multi-currency, multinational taxation rules and unified real-time views into the business performance of each and every subsidiary.

CommVault a provider of enterprise data management, protection and availability software.

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Source: Professional Services Close - Up

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