San Mateo, Calif. Fast-food chain Jollibee has contracted with NetSuite, a San-Mateo, Calif.-based vendor of cloud computing business software suites, to utilize the NetSuite OneWorld solution.
The solution, which allows multinational and multi-subsidiary companies to manage global operations in real-time, will give Jollibee the ability to automate reporting, perform real-time analytics, conduct audit trail analysis, operate an international supply chain, consolidate international financials, and enforce corporate governance standards in its subsidiaries and divisions in the United States and in such emerging markets as Vietnam and China.
The initial implementation in Jollibee’s five Vietnam subsidiaries is already live. Rollout is now under way to deploy NetSuite OneWorld in 30 Chinese subsidiaries, which will give its Chinese division a consolidated view of business operations across 190 stores.
Jollibee’s U.S. subsidiary is currently using NetSuite for real-time financial reporting and plans to deploy more functionality of NetSuite OneWorld in the near future, said the chain.
Jollibee has more than 1,800 restaurants worldwide and nearly 200 new stores opening each year.