Success Story | Hypermedia
Hypermedia Achieves Exceptional Financial Growth with NetSuite
About Hypermedia
Hypermedia, a subsidiary of W Group Holding, is a leading provider of Digital Out-of-Home (DOOH) and Retail Media solutions in the UAE. With the largest OOH network in the country, Hypermedia leverages AI, strategic media placement, and advanced data measurement to deliver impactful brand experiences. Their extensive reach spans prominent locations including the Dubai Metro, outdoor billboards, in-mall and hypermarket screens, and high-traffic destinations.
Company
Hypermedia
Location
United Arab Emirates
Industry
Media/Publishing
Azdan Solution
Oracle NetSuite
Employees
51-200 Employees
Business Situation
Before the implementation of NetSuite, Hypermedia faced significant challenges in managing its global financial operations including:
Solution
NetSuite emerged as the ideal solution to address Hypermedia's multifaceted challenges. By centralizing data management, automating complex processes, and providing robust financial capabilities, NetSuite offered a comprehensive platform to streamline operations and drive growth.
Implementation Highlights:
Results
1. Financial Clarity: NetSuite's robust financial capabilities provided real-time insights, enabling hypermedia to improve cash flow management and accelerated revenue recognition.
2. Client Satisfaction: By delivering measurable results and exceptional service, powered by NetSuite's insights, we achieved a 20% increase in client retention.
3. Customization Triumph: By collaborating closely with NetSuite experts, Hypermedia achieved alignment between the system and their unique business requirements. This optimization enhanced user satisfaction and system efficiency.
4. Seamless Departmental Communication: Enhanced communication between sales, production, and finance departments streamlined workflows, and improved overall efficiency.
5. User Empowerment: Their targeted training programs resulted in increase in user proficiency within the first three months. This empowered employees to leverage NetSuite's full potential and drive business outcomes.
6. Optimized Revenue Management: Automated revenue recognition and management processes ensured timely and accurate financial reporting.