Saas provider NetSuite has introduced a version of its OneWorld software that lets users of SAP enterprise software integrate reports from company divisions and business units using cloud computing.
The company said OneWorld for SAP enables SAP users to manage multinational, multi-subsidiary business operations in real-time through NetSuite. Data collected via NetSuite can then be summarised and passed onto SAP, allowing users to gain an enterprise-wide view of business operations.
NetSuite said a user could use the software to roll-up general ledger, order and revenue information from NetSuite to SAP for aggregating financial reporting.
"NetSuite OneWorld for SAP enables large companies to keep their investment in legacy business applications, while deploying a modern, web-based business application suite that reduces costs and helps make their divisions more competitive and employees more productive," said Zach Nelson, CEO of NetSuite.
OneWorld uses the company's SuiteCloud product to integrate with external enterprise resource planning (ERP) systems. This enables NetSuite to share ERP data such as invoices, purchase orders, item fulfillments, journal entries, inventory adjustments and time entries, and expense reports with SAP.