Pret A Manger Selects NetSuite For International Financial Management

NetSuite, a provider of cloud-based financials / ERP and omnichannel commerce software suites, recently announced that international food and coffee brand, Pret A Manger has selected NetSuite OneWorld for finance management. Pret A Manger will utilize OneWorld to manage mission-critical business processes across the UK, US, France, Hong Kong and China, including procure-to-pay, credit-to-cash, global financial consolidation, multicurrency management for five different currencies, including the Euro, US dollar, and British pound, and multi-language capabilities for English, French, Cantonese and more.

Founded in 1986, Pret A Manger has 390 shops in five markets, serving over 450,000 customers a day. The company needed a financial management system that could support growth and expansion into new markets.

With support for 190 currencies, 19 languages and automated tax compliance in more than 100 countries, NetSuite OneWorld delivers the following key features and benefits to Pret A Manger including:

•Agility to adapt to market changes.
•Real-time global financial consolidation with NetSuite OneWorld will provide real-time visibility across all of Pret A Manger’s operations with one single unified financial system of record and consolidates financial reporting across the entire enterprise.
•Multi-currency transactions and reporting in 10 currencies including the British pound, the Euro and more.

“As we continue to grow both in the UK and internationally, we need a system that can scale with us while ensuring that we have the currency, language and tax compliance features we need,” said Andy Chalklin, Group Director of IT at Pret A Manger. “NetSuite will give us what we need, without the investment in IT that an on-premise system would require.”

To read more of the Pret A Manger implementation and learn about NetSuite OneWorld, visit the NetSuite Newsroom.

New Software Research Guides Available Finding that you cannot keep up with all the changes in the latest software? Want to know how the software's features and functions can assist you? Please contact snelson@bswllc.com for more information about these latest editions.

Read our 2015 Mid-Year Supplements. 

Developed through a partnership with Industrial Distribution, Industrial Supply, Contractor Supply Magazine and the Brown Smith Wallace Consulting Group, these 12 page Supplement Guides provide valuable, independently researched information. Each Guide details software company information, identifies vertical markets, highlights functions and technology features, new developments to the software package, shows graphs of the user range, basic entry price point, sales channel (how and where the software is sold), along with company contact information. The Supplement Guides provide everything you need to know when beginning your software selection and evaluation process.

Visit our website to learn more about the Brown Smith Wallace Consulting Group and to use our Software Features Comparison Wizard.