"We've been able to manage significant growth while maintaining a five-person financial team. That's really a testament to the power of the NetSuite platform."
Guzman y Gomez
NetSuite's integrated cloud solution has transformed business performance for the fast casual restaurant chain, allowing it to efficiently manage its financials, assets and core business processes.
Guzman y Gomez has improved end-to-end efficiency and visibility with NetSuite OneWorld, growing to 56 restaurants in Australia, one in Singapore and significant expansion planned throughout the region.
Amidst rapid growth, NetSuite OneWorld's financial reporting and financial consolidation capabilities allow Guzman y Gomez to continue to support the business with a five-person finance staff.
Sales have grown at least 50% year-over-year since Guzman y Gomez deployed NetSuite OneWorld in 2012.
NetSuite OneWorld's multi-language, multi-currency capabilities support transactions in the US and Australian dollar while facilitating international expansion.
NetSuite OneWorld financial capabilities automatically generate royalty and marketing levy invoices for franchisee partners and enables Guzman y Gomez to report on individual outlet performance, as well as conduct comparative business reviews.
Integration with ZuuS, a labour management system through NetSuite Partner InfinetCloud automates compliance with Australia's complex payroll requirements.
Flexibility of the SuiteCloud Development Network and a rich partner ecosystem, enabled Guzman y Gomez to integrate financials with a custom-built supply chain system, extend into construction management with its new restaurants and automatically generate royalty invoices, post sales each day and record stock movement through custom scripts.
Previous MYOB accounting software couldn't support rapid growth and reporting requirements, limiting strategic planning.
Data collection and reporting with previous standalone applications was difficult, time-consuming and prone to error.
Lack of visibility across a fragmented IT environment slowed business processes and jeopardised growth.
NetSuite's unified solution enables Guzman y Gomez to avoid standalone data silos and the hassle of integrating best-of-breed applications.
Multi-entity reporting in OneWorld enabled Guzman y Gomez to manage franchises and restaurants as separate accounts with cross-entity visibility.
NetSuite's modular architecture and customisation capabilities have enabled Guzman y Gomez to continuously evolve the solution to meet business needs.