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Trajectory Blog

Welcome to our Blog. A source for insights, news and pro tips on NetSuite, the industries we serve and our own company.

Corel

Industry

Software

Services Provided

Requirements Gathering, Solution Design, NetSuite Consulting, Integration, Full Project Delivery

Solutions Used

Financials & ERP, CRM, integration

About The Customer

Corel Corporation is a Canadian software company headquartered in Ottawa, Ontario that specializes in graphics processing software. They are a leading global packaged software company with over 100 million users. The company provides full-featured, easy-to-use productivity, graphics and digital imaging software.

Corel-Draw-X5

The Challenges

When it came time for Corel to replace its legacy enterprise resource planning (ERP) system, the software company faced a number of challenges. As a multi-national company with numerous business lines and global vendors, Corel wanted to simplify how it managed its finances. However, Corel had trouble finding a solution that would allow them to operate in different currencies, comply with international tax laws and produce accurate reporting. Corel also wanted a system that would show its resellers up-to-the-minute inventory and prices.

Corel had considered upgrading its legacy system. However, the costs of new licenses alone equaled the cost of a NetSuite implementation. In addition, it would have taken two to three years to roll out the legacy system, while NetSuite could be up and running within eight months. After deciding on NetSuite, Corel selected Trajectory as its implementation partner, given Trajectory’s strong reputation for supporting global companies that operate in multiple currencies.

The Solution

  • Trajectory combined 11 company instances into a single database that updates in real time. Now, if a reseller enters something anywhere in the world, the data is immediately available for reporting both locally and globally. This has given Corel a much clearer picture of its operations or ‘one version of the truth’.
  • Trajectory replaced all of the connections with Corel’s legacy system via integration updates.
  • Trajectory facilitated the execution of an extensive data migration plan via a strategy that empowered Corel to do some of the work in-house, which helped Corel keep costs down and complete the migration faster.

The Results

  • NetSuite as a cloud-based ERP is easy to use and maintain, so Corel was able to reduce the size of its IT team and repositioned key team members to learn NetSuite instead.
  • NetSuite allowed Corel to simplify complex processes, gain greater visibility into their data and improve their forecasting.
  • Corel benefited from a great partnership with Trajectory. According to Mark Fernandes, VP-Global Information Technology at Corel:

“If I had to do this again, I’d call Trajectory. It’s been a great partnership. They are very responsive to our needs and work well with our team. They also understand our business and are almost an extension of our company.”

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