About Vertua Ltd
Combing cutting edge financial technology with social and environmental responsibility, Vertua innovate, regenerate, and evaluate opportunities strategically and swiftly, adding value, increasing profit, and creating a successful future for their investors and the future of investment.
Efficiency, Transparency and Consolidation
Managing a variety of entities alongside three businesses and 15 subsidiaries, Vertua’s aim was to consolidate reporting and gain transparency across the entire organisation. It was imperative that this was done in the most efficient and cost-effective way possible for the size of their organisation.
Christos Kyriakides, CFO, explains “we needed the most efficient ERP on the market. The main driver for us was consolidation; we had 15 subsidiaries historically accounted for in Xero, which we had outgrown. We needed a complete view of the entire business – in real time. For us, the key point of difference for choosing NetSuite versus the competitors was the price point – there’s no other system on the market like it.”
One Single View at the Touch of a Button
“Now, we have one view of our entire organisation at the touch of a button, with customised reports to suit our needs, and KPI’s. We used to have endless spreadsheets to find and update – now with NetSuite ERP, we’ve got a one-stop shop for all our businesses.”
Furthermore, Vertua can now consolidate on a monthly basis. Internal management and board meetings are more effective and efficient; the ability to analyse profitability by month or quarter in real-time is straightforward. Necessary adjustments and making business decisions have been made much easier, and changes can be simply rectified.
“A key driver for us is that we can clearly spot trends in real-time, and we can see what’s working and what’s not – and in a timely manner.”
“We Wanted to Work With The Number One”
Vertua explored various options throughout their ERP research process, and the reason they chose Klugo was because they’re the number one NetSuite Provider in APAC.
Christos says “it’s simple – we wanted to work with the number one. Klugo’s ongoing support provides us with a platform to grow and develop – and I would definitely recommend them to other businesses.”