NetSuite Inc. announced that Motech has achieved exponential business growth with help from NetSuite OneWorld. Motech replaced six instances of Sage BusinessWorks used by its six stores with one instance of NetSuite OneWorld to manage mission-critical business processes including financial consolidation, local Philippine tax and regulation compliance, warehouse management, inventory management, order management and subsidiary management.
With NetSuite OneWorld, Motech was able to streamline business processes across six company-owned stores in the country, achieving operational efficiency and cost savings. Additionally, NetSuite OneWorld gave Motech the agility, flexibility and scalability it needed to grow and adopt a new business model, enabling the company to expand into franchising. Since 2013, Motech has added 28 retail franchises across the Philippines. With each franchise accounted for as a subsidiary in NetSuite OneWorld, Motech has a real-time view of franchise performance and can better collaborate with franchisees to manage inventory, profitability and service levels. As it continues its rapid expansion strategy, Motech plans to increase its number of stores to 56 by 2017, with a goal of 100 locations by 2020.
“The flexibility, agility and visibility we have with NetSuite OneWorld has been a key driver, if not the main driver, in our continued growth,” said Motech President Eugene Naguiat, whose father, Rommel Naguiat, founded the company in 1977. “NetSuite has given us the agility to be creative in the business and run everything efficiently on the same platform.”
After struggling with duplicate data entry, a lack of visibility across the business, and significant IT maintenance requirements, Motech realized that its previous software environment could not support its ambitious strategic objectives, turning to NetSuite for an agile, scalable cloud platform that could support innovation and growth. Implementation and ongoing support and optimization by PGE Solutions, a 5-Star NetSuite Solution Provider partner headquartered in Manila, has helped Motech capitalize on the transformational potential of the NetSuite platform.
“I wouldn’t be able to envision an expansion of that magnitude if I didn’t have NetSuite to support the business,” Naguiat said. “NetSuite has made it possible to go from simply running the business to truly growing the business in very creative and effective ways.”
“NetSuite has provided a standardized, stable and scalable platform that has helped Motech to grow its business exponentially,” said VJ Africa, CEO of PGE Solutions. “Motech has really taken full advantage of NetSuite to disrupt how car service is provided and reap the rewards of a customer-centric and data-driven approach to business.”