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XCMG

Accelerating Global Expansion with NetSuite, Cutting Monthly Reporting Time by 50%

XCMG, the world’s third-largest construction machinery manufacturer, needed a flexible solution to streamline its import and export operations. By adopting NetSuite OneWorld, XCMG’s Import & Export business gained faster market adaptability and cut monthly reporting time in half, supporting its ambitious global expansion plans.

Company

XCMG

Location

Xuzhou, China

Industry

General

Key Business Challenges

Rigid Legacy Systems

XCMG’s SAP system proved too inflexible for rapid deployment in new markets with varied currencies, taxes, and compliance needs.

Efficient Global Operations

A scalable ERP solution was required to enable quick adaptation across XCMG’s import/export markets.

Streamlined Reporting

XCMG needed to reduce time spent on monthly financials to keep pace with its growth objectives.

Netsuite Solutions

XCMG implemented NetSuite OneWorld for its Import & Export business:

  • Two-Tier ERP Model: NetSuite OneWorld complements XCMG’s SAP system, enabling faster rollout across subsidiaries.
  • Multi-Currency, Multi-Compliance Support: NetSuite’s localized compliance and reporting capabilities allow the Import & Export team to operate efficiently in diverse markets.
  • Faster Reporting: With NetSuite, XCMG’s finance team completes monthly reports in half the time, streamlining global operations.

“NetSuite gives us the control needed to expand our import/export business efficiently,” says Jiansen Liu, Vice President.

Real Results

50% Reduction in Reporting Time

NetSuite’s real-time data and localized compliance cut monthly reporting time by half.

Rapid Deployment

The initial rollout in Indonesia took just four weeks, setting the stage for expansion to 14 additional countries.

Scalable Global Platform

NetSuite empowers XCMG to explore new markets confidently, with streamlined operations and real-time insights.

Conclusion

NetSuite enables XCMG to expand efficiently, streamline global operations, and support rapid deployment across new markets. With faster reporting and localized compliance, XCMG’s Import & Export business is equipped to scale confidently worldwide.

Ready to scale your global operations? Discover how NetSuite can support efficient expansion across markets.

Not Sure Where to Start? Schedule Your Complimentary Consultation.

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