Supercell to use NetSuite OneWorld
Supercell to use NetSuite OneWorld : Supercell, the fastest growing company in Finland, and developer of three top-grossing games on the Apple and Google app stores (Clash of Clans, Hay Day, and Boom Beach), has deployed NetSuite OneWorld to support accounting and financial reporting for its business growth and geographical expansions.
Realising it had outgrown its previous on-premise accounting software, Supercell turned to NetSuite OneWorld to run its financial accounting and reporting processes, ranging from financial consolidation across four subsidiaries in the U.S., Denmark, Japan and South Korea, to multi-currency capabilities enabling it to transact in seven key currencies (Euro and those of the US, UK, Denmark, Japan, South Korea, and China)—all within a single unified software system. As a result, Supercell has transformed its finance operations to gain efficiencies in processing and closing globally to enable smooth reporting to the parent company, Softbank. After stratospheric growth which made Supercell the top-grossing mobile publisher on iOS and Android smartphones and tablets in less than two years, NetSuite OneWorld gives Supercell’s finance organisation the operational efficiency and scalability it needed to support its growth. In addition, Supercell is able to keep IT costs flexible as using cloud computing which ties minimal IT resources.
With support for 190 currencies, 19 languages and automated tax compliance in over 50 countries, deploying NetSuite OneWorld has enabled Supercell to realise:
Improved finance team efficiency. Puomila estimates that he himself is saving two to three days a month to consolidate the company’s financials, compared to the manual “tape and glue” consolidation and reporting processes of Excel.
Greater business visibility and real-time analytics. Supercell finance management can see at-a-glance cost and revenues across multiple subsidiaries and currencies, and drill down into details on an as-needed basis. Finance is able to access information at any time, from anywhere, right from within NetSuite.
Localisation. Supercell has localised NetSuite OneWorld for the Finnish market, with assistance from NetSuite Professional Services and Staria, a NetSuite Solution Provider Partner, based in Finland.
Greater ease of use. Supercell’s finance team is able to easily leverage NetSuite OneWorld, which Puomila describes as more modern and intuitive than the legacy on-premise ERP applications that he used at previous companies.
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