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Oracle NetSuite helps WeRide build an enterprise smart management model! Oracle NetSuite helps WeRide build an enterprise smart management model!

The vigorous development of business also means higher requirements for enterprise management. The original management model can no longer keep up with the pace of enterprise development, and problems and challenges arise one after another. WeRide‘s original management of various subsystems is scattered, and it is difficult to meet the needs of business and financial integration. In addition, due to the lack of an integrated system of business and finance, it is difficult to account for procurement and expenses based on projects. At the same time, there are multiple company structures and there are many related transactions between companies, which leads to difficulties in consolidated statements. Based on this, WeRide requires a system with strong configuration and scalability to meet the needs of future sales and overseas business expansion.

Guangzhou WeRide Technology Co., Ltd. (hereinafter referred to as “WeRide“) was established in 2017. Its global headquarters is located in Guangzhou, and branches are set up in Beijing, Shanghai, Shenzhen, Zhengzhou, Nanjing, Wuhan, Anqing, and San Francisco in China. WeRide is the world‘s leading L4 autonomous driving technology company. It has carried out autonomous driving R&D, testing and operations in 23 cities around the world. WeRide is committed to developing safe and reliable unmanned driving technology, and its commercial application scenarios cover smart travel, smart freight and smart sanitation.


Management urgently needs to be upgraded, cloud deployment innovation bureau
The vigorous development of business also means higher requirements for enterprise management. The original management model can no longer keep up with the pace of enterprise development, and problems and challenges arise one after another. WeRide‘s original management of various subsystems is scattered, and it is difficult to meet the needs of business and financial integration. In addition, due to the lack of an integrated system of business and finance, it is difficult to account for procurement and expenses based on projects. At the same time, there are multiple company structures and there are many related transactions between companies, which leads to difficulties in consolidated statements. Based on this, WeRide requires a system with strong configuration and scalability to meet the needs of future sales and overseas business expansion.

The Oracle NetSuite ERP cloud solution, with its own platform advantages, flexible deployment and strong scalability, is in line with WeRide‘s business needs, and finally stands out. Hitpoint has rich experience in the implementation, localization, secondary development and training of Oracle NetSuite, and can creatively seek solutions for the business. The two parties hit it off and reached a cooperation, jointly adapting to changes and having the courage to change, to help WeRide realize the informatization upgrade.

NetSuite Benefit Improvement

• Realize the goal of financial and business integration. From the initial project budget formulation to the project procurement application and approval, the related budget expense reimbursement approval, the comparison between the actual use of the budget and the budget, all project-related procurement and expenses are managed according to the dimensions of the project;
•Realized the functions of internal accounting and external reimbursement of internal and external A/C sets of a branch;
•Realized the standardized management of inter-company transactions;
• Realized automated consolidated financial statements of group companies;

 Thrive and win the future

With the help of Oracle NetSuite, It is believed that WeRide will further enhance the competitiveness of enterprise development, realize the vigorous development of the enterprise, and win the future!

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