NetSuite Inc. (NYSE: N) said that Refresh Renovations, New Zealand´s largest home renovation building specialists, has gone live on NetSuite OneWorld as its cloud-based business management suite to manage its head office operations in Auckland, call centre and 35 individually owned franchised subsidiaries in New Zealand and Australia.
The renovation franchise business replaced 26 instances of New Zealand on-premise accounting software Nimbus with a single instance of NetSuite OneWorld for financial consolidation, project management, accounting, multi-currency and multi-country tax management and multi-subsidiary support.
Since deployment, Refresh Renovations has opened nine new franchise businesses, with the latest going live in Melbourne. NetSuite OneWorld provides multi-currency support for the company in two currencies (NZD and AUD) and has the capability to provide tax compliance support, which will also enable Refresh Renovations to easily expand internationally as it embarks on an ambitious growth trajectory over the next three years.
A further 20 franchises are planned throughout Australia and New Zealand over the next 12 months that will all go live on NetSuite OneWorld.
Refresh Renovations is a home design and build renovation specialist established in 2010 by Traffic, New Zealand´s leading business strategy and marketing firm.