iNova Pharmaceuticals Signs to Use NetSuite in Offshore Branches
iNova Pharmaceuticals (Australia) Pty Limited have signed with NetSuite distributor NetReturn to supply and implement NetSuite in five of their regional branch offices. Sydney, NSW PRWEB) June 13, 2007 -- iNova Pharmaceuticals (Australia) Pty Limited have signed with NetSuite distributor NetReturn to supply and implement NetSuite in five of their regional branch offices. The offices are located in Australia, South Africa, Malaysia, Singapore and Hong Kong. NetSuite is the world's leading integrated online application. Combining accounting, ERP, CRM, eCommerce and inventory management into one online application allows users to have a complete, real time control and visibility of the whole company at any particular moment. NetSuite competes strongly against mid-market systems such as Microsoft Great Plains, SAP Business One and Sage AccPac. NetSuite excels through offering complete front-office to back-office integration and by delivering lower total cost of ownership (TCO). As a hosted OnDemand system, NetSuite eliminates the traditional time and cost of building and maintaining IT systems. iNova will use NetSuite as a simple to use and implement system to manage expenditure and accounting across the regions. iNova will go live with NetSuite at the start of the financial year, 1st July, 2007 after disabling the present 3M infrastructure on the 30th June, 2007. iNova was formerly known as 3M Pharmaceuticals. iNova's re-branding took place in April of this year, after Australian private equity firms Archer Capital and Ironbridge Capital acquired 3M's pharmaceuticals business in the Asia-Pacific and Africa regions in November 2006. iNova Pharmaceuticals develops and markets a range of over-the-counter and prescription medicines to Australasia, Asia-Pacific, South Africa and other international markets directly and also through other pharmaceutical companies and agents. These include medicines in the areas of skin cancer, heart conditions, weight loss, asthma and pain management. Based in Sydney and currently employing around 200 people, iNova intends strengthening and growing its business in the Asia Pacific and South African regions under the leadership of CEO, Tony Martin, and his management team. NetReturn is the sole Australian and New Zealand distributor of NetSuite, and Australia's leading online service company. About NetReturn and NetSuite:
NetReturn is the sole Australasian distributor of the NetSuite range of integrated online business applications. NetReturn Pty Ltd is a privately held company with investors including MYOB Limited, Commander Communications, Saltbush Annuity Growth Management and the David Shein consortium. NetSuite is the world's leading integrated online business application with more than 9,000 customers worldwide. Products include NetSuite, NetSuite CRM, and NetSuite Small Business Suite. Businesses interested in evaluating NetSuite should visit www.netreturn.com.au or contact NetReturn in Australia on 1 300 738 879 or in New Zealand on 0800 543 371. Contact:
Paul Goldsmith
P: 61 02 9779 0131
M: 0404871220 ###
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