Oracle NetSuite technology helps Poweroak to build a green ecology, and "carbon" , seeking a new future for enterprise development!

During the implementation process, according to the actual business development of the company, Hitpoint Cloud carried out customized development processing  to meet our business demands to the greatest extent. The strong technical support of Hitpoint Cloud is a booster for our team in the operation and maintenance management of Saas software.

——Xie Xianning, financial manager of Delan Minghai

Shenzhen Poweroak Newener Co., Ltd. (hereinafter referred to as "Poweroak") is headquartered in Nanshan District, Shenzhen. It is a high-tech enterprise integrating R&D, production and sales. Founded in 2013, the company focuses on the research and innovation of distributed energy storage products and micro-grid technology. It has mastered the international advanced new energy storage technology and complete energy storage battery application solutions. It is sold in more than 70 countries, and has branches in Japan, the United States, Germany, Australia, Nigeria and other major markets.

The power system reform in emerging markets and the rise of cross-border e-commerce were a huge opportunity for Poweroak at that time, but they were also full of unknown challenges. With the industry's growth and its own hard work, its business scope has gradually expanded from domestic offline to global, but corporate management problems have emerged one after another. In the process of gradually exposing the problems, Poweroak understanded the importance of strong management methods and financial processes.

• The original software used by domestic entities cannot meet the needs of cross-border e-commerce business for business-finance integration and global fiscal and tax compliance, and the front-end business is out of touch with financial management.

• For overseas business, Poweroak has carried out multi-channel laying. The docking of multiple platforms at home and abroad, and the connection of order data have become unavoidable problems.

• In terms of supply chain management, Poweroak cannot realize supply chain data sharing and synchronization, which affects supply efficiency to a certain extent.

When there is a problem, it is solved. In an occasional cross-border e-commerce event, Poweroak learned about Oracle NetSuite, a software with a global perspective. After multiple comparisons of the same type of products in the market, Oracle NetSuite stands out among software such as Yicang, Lingxing, and Mabang, and is favored by Poweroak. Due to the particularity of its own business, Poweroak needs to customize the development of software. Hitpoint Cloud has won the trust of Poweroak with its rich practical experience and strong technical support, and the two parties have formed a fate of cooperation.

So far, Oracle NetSuite&Hitpoint Cloud has accompanied Poweroak to complete multi-stage business iterations. At the same time, the first phase of the project has been launched this year, and the overall system architecture has been completed. Now the system has been successfully put into use, helping Poweroak to ride the cloud go to sea.

Poweroak joins hands with Oracle NetSuite to empower enterprise management

•Multi-channel and multi-platform integration: Oracle NetSuite can help Poweroak quickly connect with cross-border e-commerce mainstream platforms such as shopify and Amazon, and realize simultaneous and unified management of multi-platform and multi-account orders on one platform. At the same time, it helps Poweroak to further build a global payment settlement network and reduce cross-border support costs.

•Global supply chain management: Oracle NetSuite applies advanced forecasting algorithms to generate timely and accurate process plans, helping Poweroak to easily connect with self-operated warehouses and third-party overseas warehouse platforms, and manage inventory data synchronously. At the same time, its application inventory automatic matching engine helps Poweroak achieve efficient warehousing and delivery.

•Business and financial integration support: Oracle NetSuite can realize real-time feedback of front-end business information and back-end financial information of cross-border e-commerce enterprises. Front-end business data generates financial data in real time, and financial results trace business details in real time. Based on the integration of business and finance, Oracle NetSuite presets a comprehensive and rich BI analysis around the management dimensions of "people, goods, and field" to provide complete data support for Poweroak management decision-making.

•Strong multinational business support: Poweroak has rapidly grown from less than 10 overseas entities to 20+ overseas branches, which puts forward higher requirements for the management and operation of the group. The Oracle NetSuite OneWorld function can support multi-company and multi-currency operating modes. And at the same time, it can also meet the unique needs of Poweroak and various subsidiaries with flexible customization features, ensuring global compliance operations of enterprises and providing Poweroak Safe sailing is guaranteed.

For business and financial management, it will pay more attention to the data analysis function of Oracle NetSuite to ensure the compliance operation of the enterprise. In addition, Poweroak plans to build two overseas factory-type subsidiaries next year, hoping to fully develop and utilize Oracle NetSuite's factory management module to empower enterprise development.