Case Study: Virgin Money Australia achieves streamlined, cost‑effective, scalable financial operations with Oracle NetSuite OneWorld

NetSuite OneWorld Ideal for Virgin Money’s Business Model

Virgin Money Australia, a Sydney-based financial and professional services firm, needed to bring its outsourced accounting in-house while improving reporting and speeding up slow, manual transaction entry. The company also required a flexible, low-capital platform that could support separate product groups and subsidiaries and scale as new products and users were added.

They implemented NetSuite OneWorld to consolidate multi-company financials and automate accounting processes. The SaaS solution eliminated the need for costly servers, delivered faster reconciliations, expense payments and purchase orders, enabled quick incorporation of new product lines and subsidiaries, and produced significant cost savings that could be passed on to customers.

Virgin Money Australia