NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
More news: Software
Written by / Agency / Source: NetSuite, Inc.
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Hothead Games Fuels Business Growth with NetSuite OneWorld - Rapid OneWorld Implementation Gives Canadian Mobile Game Developer Operational Efficiency and Scalability [NYSE: ORCL] - HotheadGames.com / NetSuite.com
Hothead Games Fuels Business Growth with NetSuite OneWorld

 

NewswireToday - /newswire/ - SAN MATEO, CA, United States, 2017/06/14 - Rapid OneWorld Implementation Gives Canadian Mobile Game Developer Operational Efficiency and Scalability [NYSE: ORCL] - HotheadGames.com / NetSuite.com. NYSE: N; ORCL

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Oracle NetSuite Global Business Unit, one of the world’s leading providers of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites, today announced that Canada-based Hothead Games, one of the top 100 mobile game developers in the world, implemented NetSuite OneWorld to manage its rapidly growing business. Hothead Games uses NetSuite OneWorld to manage mission-critical business processes including financial consolidation, accounting, purchasing, revenue recognition, multi-currency transactions and multi-country tax compliance. Since going live on NetSuite OneWorld in February 2016 after a rapid two-month implementation, Hothead Games has increased operational efficiency and gained the scalability needed to grow its business.

Based in Vancouver, British Columbia, Hothead Games (hotheadgames.com) is one of Canada's most successful digital entertainment companies, creating game titles that include Kill Shot, Rivals at War, and Big Win Hockey, which have attracted more than 250 million mobile downloads. In response to strong demand and new market opportunities, Hothead Games recently expanded its team by 50 percent, which made the company more complex to operate. To successfully manage this growth and reduce complexity, Hothead Games needed to replace its previous software system as it did not support enough simultaneous users to process month-end results in a timely manner and made it difficult for Hothead Games to understand its assets and liabilities in real-time, requiring a manual reporting process to reconcile different currencies. In addition, the previous accounting system was slow to generate forecasts and required manual processes to compare actuals against forecast.

“We were always looking for a way to bridge the gap between the analytics in US dollars and the financial results in Canadian dollars,” said Tim Holland, Hothead Games' Director of Finance.

NetSuite OneWorld supports 190 currencies, 20 languages, automated tax calculation and reporting in more than 100 countries, and transactions in more than 200 countries. NetSuite OneWorld delivers the following benefits to Hothead Games:

• Rapid implementation. The company was up and running on NetSuite OneWorld within two months of purchase, speeding time to value.
• Scalability for growth. NetSuite OneWorld’s single cloud solution allows Hothead Games to expand seamlessly as the business grows.
• Real-time visibility. NetSuite OneWorld’s unified platform gives Hothead Games visibility across its operations with one unified financial system of record to provide visibility into standard costs with detailed breakdowns. NetSuite OneWorld also gives Hothead Games access to the insights it needs to refine strategy and spending in a highly competitive global market where tastes and technology can change overnight.
• Data-driven decisions. With a unified platform, the company has real-time access to a single source of data across its entire enterprise to make more informed decisions.
• Faster, more accurate reporting. NetSuite OneWorld's reporting capabilities have given Hothead Games real-time insight into payroll, marketing expenditures and spending at a location- and project-based level, enabling faster financial close. NetSuite OneWorld also makes it easier for Hothead Games to track and report financials for the Canadian Scientific Research and Experimental Development (SR&ED) Program, an incentive that helps offset certain wage expenses.
• A broad range of robust international capabilities. NetSuite OneWorld provides a highly scalable system for growth with the ability to quickly and easily add global functionality as Hothead Games expands into new markets.

“Our business is always changing, so we are always refining forecasts, and NetSuite OneWorld ensures we are all on the same page when making key financial decisions,” Holland added.

About Oracle NetSuite Global Business Unit
Oracle NetSuite Global Business Unit pioneered the Cloud Computing revolution in 1998, establishing the world’s first company dedicated to delivering business applications over the internet. Today, Oracle NetSuite Global Business Unit (netsuite.com) provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries.

About Oracle
The Oracle Cloud (oracle.com) delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: NetSuite, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Hothead Games Fuels Business Growth with NetSuite OneWorld

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Mei Li - NetSuite.com 
650-627-1063 meili[.]netsuite.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any NetSuite, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From NetSuite, Inc. / Company Profile


Read Software Most Recent Related Newswires:

SAP and Icertis Expand Partnership to Deliver Enterprise Contract Intelligence
Infor Announces New Infor Marketplace
New Oracle Cloud Infrastructure Services Authorized for the US Government
InterSystems Positioned in the Challengers Quadrant of the 2021 Gartner® Magic Quadrant™ for Cloud Database Management Systems
Oracle Opens First Cloud Region in Africa
Xerox Selects Oracle Cloud to Launch New Businesses Focused on Solving Complex Problems At Scale
Frost & Sullivan Selects KPIT Technologies for the Prestigious 2021 Global Over-the-air (OTA) & Cloud Platform Technology Innovation Leadership Award
Cornerstone Tops Industry Reports for Learning and Talent Experience Innovations
The Mill and MPC Advertising Unite Under the Mill Brand to Create the World’s Largest VFX Studio for the Advertising & Brand Experience Industries
Aptean Expands in Austria with Acquisition of JET ERP
Siemens Extends Mechanical Performance Prediction Leadership with Simcenter 3D 2022.1
Axiell Announces Agreement to Acquire Infor Library & Information Solutions Business and Expand Global Presence
Aptean Expands UK Presence and Offerings through Acquisition of Systems Integration (Trading) Limited
Oracle Buys Cerner
Yardi Acquires & Redesigns Innovative CRE Listing Service 42Floors.com

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit SkyRFID, LLC

Visit  Limelon Advertising, Co.





 
  ©2022 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)