GoCardless
banks on
NetSuite
to support
international
expansion
Toys ‘R’ Us Spain and Portugal
puts trust in Openbravo’s
omnichannel technology
G
oCardless, a global direct debit network
headquartered in the UK, has selected
Oracle NetSuite to support its mission to take
the pain out of getting paid for businesses
with recurring revenue. With NetSuite, the
FinTech company, which grew by 60% in
the last year, has been able to automate
financial management and help reduce the
complexities of operating across multiple
markets, currencies and tax laws as it rapidly
expands its international operations.
Founded in 2012, GoCardless has created a
global bank debit network to rival credit and
debit cards, as well as a platform designed
to take invoice, subscription, membership
and instalment payments. As demand for
its services grows, with US$10 billion in
transactions a year and 40,000 customers
around the world, GoCardless needed a
single, scalable business platform that could
provide the visibility and control required
to optimise its financial reporting. After
a careful evaluation, GoCardless selected
NetSuite to manage and automate core
business processes.
“Since implementing NetSuite, we have
gone from basic accounting to conducting
in-depth financial analysis,” said Catherine
Birkett, CFO, GoCardless. “We can now report
financial close faster and more accurately,
quickly and easily setup new subsidiaries and
efficiently meet our stakeholders’ reporting
requirements. This is incredibly valuable as
we continue to expand into new markets and
the best part about NetSuite is we now have
a solution that will scale with our growth
path for years to come.”
www.intelligentcio.com
The retailer has reduced IT costs and is
rapidly moving towards omnichannel retail
T
oys ‘R’ Us Spain and Portugal puts its
trust in the omnichannel technology
of Openbravo, a global provider for a
cloud-based omnichannel platform that
improves user experience and enables
more agile and innovative retail.
After a four-month implementation
period, the toy company now trusts this
new software – Openbravo Commerce
Cloud – in all its stores, enabling the
company to reduce IT costs and move
more rapidly to omnichannel retail. In this
way, the company continues to strengthen
its commitment to the technology after
the launch of its new e-Commerce site,
which, in addition to improving customer
experience through a cleaner, more
functional and faster design, includes
services such as Click and Collect and home
delivery of toys in stock in just three hours.
Marco de Vries, CEO of Openbravo, said:
“The speed with which we were able to
incorporate our technology in all Toys ‘R’
Us stores in Spain and Portugal is proof of
how Openbravo’s cloud-based platform
gives retailers the agility they need to
compete in the retail industry which is
constantly evolving.”
The company has adapted to the
changing demands and tastes of
consumers in order to reach new
audiences and maintain its position as
a specialist in childcare and childcare
products. The company has also
introduced services such as the Academy
space, the celebration of birthday parties
in stores, the ‘Meet and Greets’ with
Youtubers, and the launch of the brand’s
YouTube channel to truly stand out from
the competition.
INTELLIGENTCIO
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