NVC International × Oracle NetSuite supports the construction of the future global development of enterprises

Going international is the vision of many companies. Only with a broad mind and a global market can companies survive and grow in today's fiercely competitive market. With many years of rich marketing experience and an excellent global operation team, NVC International has made great strides in overseas markets and has unlimited development potential.

Not satisfied with the existing excellent results in the domestic market, NVC has focused its attention on overseas markets. In order to write a new chapter in the history of corporate innovation and achieve the strategic goal of global expansion, NVC needs to deploy an agile and scalable platform , to "escort" it to sea. In June 2020, one of NVC International's subsidiaries, Yixun (Huizhou) Optoelectronics Technology Co., Ltd., referred to as NVC Yixun (Huizhou), took the lead in successfully launching Oracle NetSuite. NVC Yixun (Huizhou), as a wholly-owned subsidiary of NVC International, is the office location of NVC International Group's functional departments in mainland China.

NVC Lighting was founded in 1998. Since October 1, 2019, in order to develop the overseas lighting market and promote strategic transformation and upgrading, NVC Lighting officially changed its name to NVC International, headquartered in The Hong Kong Special Administrative Region of China has established regional headquarters in Huizhou, China, Singapore, Chicago in the United States and Birmingham in the United Kingdom. NVC International is an international company facing the world. It has established operating agencies in 13 countries and regions around the world, and its customers are distributed in more than 30 countries and regions around the world.

In order to better adapt to the international operation and business expansion, NVC International is facing the need for informatization upgrade. Due to the large number of subsidiaries in the group and their distribution at home and abroad, NVC International needs an integrated platform that can coordinate all subsidiaries to Support the development of the group. At the same time, each subsidiary is also facing different needs for informatization upgrade. For example, the original management system of NVC Yixun (Huizhou) cannot meet the management needs of the company's business development, the expansion of international business needs to adapt to the general system of each country. There are data initialization in the enterprise, the conversion of old and new systems and the problems left over from history are urgent to be solved. Therefore, it is urgent to sort out and optimize business processes.

What impresses NVC International with Oracle NetSuite is its excellent flexibility and expansibility, as well as support for multi-subsidiary, multi-currency, multi-language management functions. The management of NVC International said that Oracle is an internationally renowned enterprise management software brand, and believes that its reputation and services can meet the needs of the company's business development.

Whether professional ability and knowledge can be competent for the project, service quality and attitude are the key factors for NVC International to choose a partner. After careful research, evaluation and decision-making by the management of NVC International, Hitpoint finally stood out and was favored by the company's management. 

1. Oracle NetSuite improves the efficiency of basic data extraction, making management decisions faster;

2. Standardize business flow, realize business-driven finance, accurately calculate cost and income, realize multi-dimensional collection of financial data, and always reflect enterprise operation data;

3. The dashboard on the home page displays the commonly used KPI indicators of each role, the order data trend chart and various business indicators of the enterprise;

4. Real-time extraction and analysis of reports of each module improve business decision-making and analysis efficiency;

5. Multi-language support enables employees in China to use Chinese and foreign employees to use English.

The cooperation between Hitpoint and NVC Yixun (Huizhou) gives full play to the advantages of both parties, integrates resources and achieves win-win development. Looking into the future, Hitpoint will continue to cooperate with NVC Group to help its global expansion journey.

We choose Oracle NetSuite because it is in line with NVC International's internationalization strategy. Its global versatility can meet the various challenges of the company's management in dealing with the international market and its flexible deployment and convenient operation can meet the comprehensive management of the company's international business requirements. It has a friendly interface, strong versatility and moderate openness, which greatly supports and helps to integrate the global financial data of NVC International. We hope to go further together!

After more than 20 years of continuous development, NVC International has achieved fruitful results in the industry with its excellent technology and correct strategic layout. This time, working with Oracle NeSuite to promote Chinese brands to the world, NVC International will use data, technology and cutting-edge management thinking to empower products, lead the lighting industry forward, and "shine" the future. It is reported that while NVC Yixun (Huizhou) was successfully launched, Yida (Hong Kong) Optoelectronics Technology, a subsidiary of NVC International, will complete the launch of Oracle NetSuite on July 1, 2020. Yixun (Zhuhai) Optoelectronics Technology Co., Ltd. and NVC will also be launched one after another, let us wait and see!