Templafy(opens in new tab), the next-gen document generation platform, is using Oracle NetSuite to support its mission to enable professionals to create better-performing business documents faster. With NetSuite, Templafy has been able to take advantage of an integrated business system to improve financial operations and support its growing global organisation, which now serves over three million enterprise users in more than 80 countries.

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Founded in Denmark in 2014, and now operating in major hubs like New York, London, Berlin, Sydney, and Eindhoven, Templafy helps customers like KPMG, IKEA, and Prada decrease risk and generate more revenue by ensuring all employees can easily create secure, on-brand documents. Prior to implementing NetSuite in 2020, Templafy had raised $65 million in venture capital. More recently, Templafy secured $60 million in venture capital in 2021 to support growing demand for its services and help enterprises overcome ‘content anarchy’ in an industry worth $14 billion(opens in new tab). However, Templafy’s rapid growth and expanding global business began to overwhelm its previously outsourced finance function. To regain control, drive scalable growth, benefit from more rigorous financial processes, and better support its international operations, Templafy implemented NetSuite.

“As the future hybrid workforce emerges, Templafy is primed to redefine how enterprises create high-performing business documents,” said Cynthia Stephens, CFO, Templafy. “As a software business, we understand the power that systems have on our journey and with NetSuite we have set ourselves up for continued success. Our finance function has a better foundation to help manage our growing business with improved controls, greater reporting, and a means of achieving and doing more, efficiently. NetSuite is key to our aim of sustainable growth.”

With NetSuite as its financial command centre, Templafy has been able to consolidate, automate, and scale its global financial operations on a single cloud business system. Templafy’s finance team has been able to improve data accuracy and save time by automating previously manual processes across billing, bookkeeping, financial planning, and analysis. Furthermore, Templafy has gained more rigorous audit controls, the ability to provide in-depth reports to investors, and can seamlessly comply with currency, tax, and reporting regulations in the jurisdictions it operates in. Templafy worked with NetSuite partner Novutech(opens in new tab) on its implementation.

“Templafy is solving a problem facing modern, hybrid workforces across the world,” said Nicky Tozer, SVP, EMEA, Oracle NetSuite. “But to achieve its mission, it needed greater structure and capabilities for its finance team. With NetSuite, Templafy has a system that can scale, grow and adapt as it pursues profitable growth.“

About Oracle NetSuite

For more than 20 years, Oracle NetSuite has helped organisations grow, scale and adapt to change. NetSuite provides an integrated system that includes financials / Enterprise Resource Planning (ERP), inventory management, HR, professional services automation and omnichannel commerce, used by more than 32,000 customers in 217 countries and dependent territories.

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Contact Info
Samuel Jamieson
PR Manager, EMEA
+44 (0)7468 752231
samuel.jamieson@oracle.com