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November 10, 2014

Shazam chooses NetSuite to replace legacy financial systems

Netsuite OneWorld offers Shazam agility, flexibility and scalability

By Ellie Burns

NetSuite today announced that Shazam has implemented NetSuite OneWorld to replace its legacy financial systems.

Shazam is using NetSuite OneWorld to run its core financial processes all within a single unified software system. With NetSuite OneWorld, Shazam has gained the agility, flexibility and scalability it needs to grow and expand the business globally, and to develop a real-time and unified view into its global business operations.

"With NetSuite, we have visibility into our financials in multiple currencies with fast and easy drill-down to the detail" said Clare Jarvis, finance director at Shazam. "The implementation of NetSuite OneWorld was smooth and very quick, and we are looking forward to integrating it with our other systems as we work toward real time reporting capability."

Shazam selected NetSuite OneWorld over competing products to streamline its business and create transparency. Implemented in February in just five months, NetSuite OneWorld enables Shazam’s management to see at-a-glance cost and revenues across multiple subsidiaries and currencies, and drill down into details on an as-needed basis.

Eliminating significant IT cost and complexity, NetSuite’s secure cloud solution eliminates the hassles of managing, maintaining and upgrading software and enables Shazam to provide multisite access to the system without additional IT resources.

Greater ease of use is provided as Shazam’s finance team is able to easily leverage NetSuite OneWorld, which is modern and intuitive.

There is also the speed of implementation. The rapid implementation can allow Shazam to add new business units or subsidiaries, and additional users with minimal configuration and IT resource.

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NetSuite OneWorld also provides Shazam withreal-time analytics, providing insights into financials. Executives will be able to access information at any time, from anywhere, right from within NetSuite.

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