By Sasha Banks-Louie
Agriculture and food services company Driscoll was “buried in data entry and didn’t have time for any analysis,” says CFO Ian Weight. Moving to a single instance of Oracle’s NetSuite OneWorld for financial planning and reporting provided granular financial analyses, helping the company identify large numbers of hay orders driven by Asia’s expanding dairy business. Driscoll launched a hay venture that increased revenue by 35% to 40% in one year.
Before the cloud, manual processes meant “every day was a scramble to get our orders out,” says Greg Hingsbergen, vice president and controller for superfood producer Navitas Organics. Now the company uses Oracle’s NetSuite inventory reporting module to see if items are approaching their “best before” date, prompting Navitas to either offer promotions or push products out through a distributor.
|Percentage companies spend on business operations, compared with only 18% on business innovation.|
Photography by Driscoll, Navitas Organics, and Shutterstock