Success Story | One Development

One Development Finds the Best Solution with NetSuite: 15% Increased Profitability

About One Development

One Development, a recently established real estate development firm and part of the Al Gebely group. Their upcoming major project is called "Laguna Residence," in Dubai.
One Development is an innovative boutique developer committed to creating modern communities. Maintaining integrity in all endeavors, the company aims to design personalized experiences for clients through a customer-centric approach. They aim to become an international boutique developer, connecting people and places to foster unique, connected communities.

Company

One Development

Location

United Arab Emirates

Industry

Real Estate

Azdan Solution

Oracle NetSuite

Employees

11-50 Employees

One Development Website

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Business Situation

One Development faced several critical challenges as a newly established real estate firm:

Tight Implementation Timeline: The company required a comprehensive ERP solution to be implemented within a demanding two-month timeframe.

New Business Needs: As a startup, One Development needed a modern, efficient ERP system to support its immediate operational needs.

Complex Procurement Requirements: The company required a robust procurement module to manage complex sourcing and vendor relationships for large-scale projects.

Reliable Project Management: One Development needed a reliable project management solution to oversee its development projects effectively.

Comprehensive HR Management: The company required a comprehensive HR solution to manage various HR functions, including recruitment, attendance, performance, and payroll.

Advanced Reporting and Analytics: One Development needed an advanced system to monitor business performance through dashboards and KPIs, enabling data-driven decision-making.

Solution

Here are potential NetSuite solutions to address the challenges faced by One Development:

Accelerated Implementation: NetSuite's pre-built industry-specific solutions and rapid deployment capabilities can help meet tight deadlines.

Comprehensive Functionality: NetSuite's unified platform provides a comprehensive suite of modules, including financial management, project management, procurement, and HR, to streamline operations.

Advanced Procurement: NetSuite's robust procurement module enables efficient vendor management, streamlined purchase order processing, and improved inventory control.

Reliable Project Management: NetSuite's real estate-specific project management module helps manage project timelines, costs, and resource allocation effectively, ensuring timely project delivery.

Comprehensive HR Management: InoPeople HCM, seamlessly integrated with NetSuite, offers a comprehensive HR solution that covers core HR functions, payroll, leave management, time and attendance, recruitment, performance management, and employee self-service.

Advanced Reporting and Analytics: NetSuite's advanced reporting and analytics tools provide real-time visibility into key performance indicators, enabling data-driven decision-making.

Results

One Development's implementation of NetSuite yielded significant benefits across the organization. The solution proved to be a catalyst for growth and operational excellence:

Accelerated Time-to-Market: By leveraging NetSuite's rapid implementation capabilities, One Development was able to accelerate its time-to-market.

Improved Operational Efficiency: NetSuite streamlined various processes, reducing manual tasks by 30% and improving overall operational efficiency.

Enhanced Decision-Making: NetSuite's advanced reporting and analytics tools provided real-time insights, enabling One Development to make data-driven decisions that improved profitability by 15%.

Stronger Financial Control: NetSuite's robust financial management features strengthened financial control and visibility, reducing errors by 25% and improving financial accuracy.

Improved Employee Experience: InoPeople HCM empowered employees with self-service capabilities, reducing HR administrative tasks and increasing employee satisfaction.

Successful Project Execution: NetSuite's project management tools helped One Development manage project timelines, costs, and resources effectively, contributing to the successful execution of the "Laguna Residence" project.