Case Study: Photon Energy achieves 70% accounting cost reduction and global financial visibility with Oracle NetSuite

European Solar Innovator Photon Energy Finds Sun in the NetSuite Cloud

Photon Energy is a European solar power solutions provider headquartered in Amsterdam that designs, builds and maintains utility-scale solar plants across multiple countries. Rapid growth exposed weaknesses in finance and operations: the company relied on country‑specific systems (Money S3, Datev, Xero, YOB), external bookkeeping, and experienced slow quarterly reporting, delayed data, limited visibility and insufficient flexibility to respond to volatile market and regulatory conditions.

Photon Energy implemented NetSuite OneWorld and NetSuite CRM, with deployment support from ARC Consulting, to replace disparate systems with a unified cloud platform across six countries and 54 subsidiaries. The solution delivered multi‑currency and country‑specific tax support, real‑time financial and sales visibility, faster global consolidation and a unified customer record—driving improved operational efficiency, data‑driven decision making and an expected 70% reduction in accounting costs.

Photon Energy