Home topics news Credit: Wikimedia Commons News News Sailing into the future: How SailGP and Oracle NetSuite are changing the game for high-tech racing leagues Yajush Gupta January 13, 2023 As the high-speed and high-performance SailGP event in Singapore prepares to kick off on January 14th, Oracle NetSuite has revealed how the global racing league is using its ERP software to navigate the financial waters of multiple countries. With SailGP’s goal to double the league’s size over the next two years, the organisation sees Oracle NetSuite as a crucial part of its long-term success strategy. SailGP is using NetSuite to streamline its financial reporting and improve forecasting, so it can stay on top of its financial performance. The platform enables SailGP to address its tax and reporting requirements in the countries it operates in, giving them a more accurate view of its cash flow and automating its supplier payment processes, which is essential for a growing organisation like SailGP. The platform also allowed SailGP to automate its financial and accounting processes, reducing the need for manual data entry and minimising the risk of errors. As a result, SailGP was able to focus on growing the league and achieving its mission while having a robust system in place to manage its financial operations. Journey to the top Founded by Oracle Chairman and CTO Larry Ellison and renowned sailor Sir Russell Coutts, SailGP is a high-tech racing league that is in its third season. The league features nine national teams competing in

Continue Reading on Dynamic Business

This 903-word article continues with in-depth analysis. Only the introduction is shown here.

The full article includes:

Read the full article at dynamicbusiness.com →