Gaming companies can leverage the power of the world’s number 1 cloud business software provider
The gaming industry is booming in the modern era and with technological advances at their highest level, growth is expected to continue. In 2021 the UK video games market reached an all-time high of £7.16bn – demonstrating the astronomically large value within the industry.
As a result of this growth, competitiveness between gaming companies is becoming stronger. Companies need to get ahead to thrive and stay alive, and that is why many businesses turn to the latest technology. By utilising the power of cloud ERP solutions like NetSuite, companies can stay ahead and continue to meet consumer demand.
NetSuite is a true cloud-based ERP aimed at fast-growing businesses, a perfect match for gaming companies. Its integrated system provides significant benefits, we look at just three of these below.
Reporting & Royalty Reporting Capabilities
Gaming companies often have multiple income streams from different revenue channels. NetSuite provides a powerful reporting platform that can help gaming companies to report in real-time effectively and quickly on sales, royalties, costs, and profit margins.
Global Cloud Based Financial Management
Video (and other format) games are sold and used globally, so it is imperative that your business management system can cater for all the tax and financial accounting requirements of an international business. With NetSuite, you can have the confidence that you will be able to account for all your international operations in a single, global financial system.
Ease of Integration and Reconciliation
NetSuite is designed to be easy to integrate with other systems, with out of the box integrations to banks, FX exchange rates, and other popular finance platforms. With Open API’s, NetSuite is also ready to integrate with other systems within your gaming business, to facilitate the efficient flow of data and reconciliation of transactions between your core business systems – saving you time and money that can be better invested in developing your next blockbuster video game.
Elevate2 – Specialists in Working with Gaming Companies
We are gaming industry specialists. We have helped leading gaming companies to get ahead of the competition and fully implement a winning NetSuite solution. We take the time to get to know your unique business, allowing you to secure maximum benefits of the world’s #1 cloud ERP software.