Extel Technologies has announced it is working with Oracle NetSuite to create enhanced products for customers as it scales globally.
With NetSuite, Extel says it has been able to take advantage of an integrated business system to leverage data to increase collaboration, visibility, and efficiency across its entire business.
Founded in Australia in 1991, Extel began as an Original Equipment Manufacturer (OEM), helping its clients bring innovative, category-leading electronic-based products to market.
It has since grown to be an Electronics Manufacturing Services (EMS) company, with multiple warehouses in several countries, including Singapore and the U.S. Services are provided across a range of verticals and industries.
As the company expanded its operations, it found that its legacy ERP system struggled to keep up due to its dependence on manual and disconnected processes. To address these challenges and further streamline and drive efficiencies, Extel says it turned to NetSuite.
As a result of NetSuite's technology, Extel has the ability to streamline, automate, and unify its operations on a single cloud business system.
By providing visibility into orders throughout the procurement cycle, NetSuite helped Extel simplify the management of its financial operations and reduce the time taken to close its books from two weeks to two days.
"Extel Technologies has helped clients bring advanced electronic products to market for more than 30 years and while our business is complex, the system behind it doesn't have to be difficult," says Bruce Fitzgerald, CEO, Extel Technologies.
"NetSuite is intuitive and provides a unified view of our business, which is helping us realise significant efficiencies. The time and resource savings that NetSuite has helped us achieve enable us to compete on price and offset the cost of operating around the world. Our clients expect our systems to be highly integrated given the complexity of products that we build for them."
NetSuite has also helped Extel to streamline the product lifecycle management process by integrating its HR and payroll software. This will help them prepare for future global expansion and meet changing market demands such as supply chain delays and inventory shortages.
"Extel is focused on designing, manufacturing, and repairing electronic products and is at the core of its customer environments across many industries," says Jason Toshack, VP and GM ANZ at Oracle NetSuite.
"With NetSuite, Extel has been able to streamline its expanding operations and the time and resources it has been able to save are helping it support its clients and stay ahead of changing business conditions."