news Seeing Machines, an Australia-based developer of driver fatigue and distraction detection technology, has deployed NetSuite OneWorld across its global operations.
Seeing Machines is now using NetSuite OneWorld to manage its head office and warehouse in Canberra, as well as at its two subsidiaries in the US and Chile.
The company said in a statement issued by NetSuite that it replaced Salesforce.com, MYOB, Excel and Outlook with a single instance of OneWorld to manage its core business processes, including financial consolidation, CRM, inventory management, work orders and assemblies, project management and fixed asset management.
NetSuite OneWorld also provides it with multi-currency (AUD, USD, CLP and GBP) support, which supports the firm’s growing export business in more than 10 countries.
Spun out of the Australian National University, Seeing Machines was founded by four researchers in 1997 and commercialised in 2000 to help machines ‘understand’ driver fatigue and distraction in people by tracking and interpreting human faces and eyes. Today, the company has 158 employees and recorded AU$21.2 million in revenue for the 2015 financial year, an increase of 20% over the previous year.
Since January 2015, Seeing Machines technology has detected and intervened in over 120,000 fatigue events globally, the firm said.
Seeing Machines had been seeking a fully integrated, cloud-based business management solution that could scale with the business as it grew and enable its team to work from anywhere in the world.
After reviewing a number of solutions including Epicor, Sage X3, SYSPRO, Aggresso, Pronto and Microsoft Dynamics, Seeing Machines settled on NetSuite as an integrated cloud solution that could provide the “flexibility and agility required to meet its growing business needs”.
“NetSuite OneWorld has given us a lot more control and visibility of what we are doing, which has enabled us to grow and diversify quickly, with considerably less pain than we could have done previously,” said James Walker, CFO at Seeing Machines.
“We now know where our expenses are, what it costs to produce something and what we should be charging for our products and services,” he explained. “By capturing all of our business transactions in the one place, we can now see the impact of decisions on our bottom line and make more informed business decisions.”
NetSuite said OneWorld provides Seeing Machines with the following benefits:
- Multi-subsidiary management
- Superior Inventory Management
- Improved control and accountability
- Time savings and improved accuracy
- Leveraging NetSuite’s partner ecosystem
“We have experienced 13% growth since implementing NetSuite, which has enabled us to better cope with our strong growth path, new products we are developing and new partnerships that we have,” said Walker.
Mark Troselj, Vice President and General Manager for ANZ at NetSuite, said: “Seeing Machines is a classic example of how cloud is helping innovative, disruptive businesses to gain much needed visibility across their organisations to make informed decisions, as well as the flexibility, scalability and agility needed to meet their immediate and future needs for growth and expansion on a global scale.”
Image credit: NetSuite