Oracle + NetSuite

Growing Like Bamboo

Back in 2016, The Cheeky Panda’s founders Julie Chen and Chris Forbes were struck by the amount of surplus bamboo going to waste in a factory they were visiting. Fast forward seven years, and The Cheeky Panda has grown into a £12 million turnover business transforming this sustainable material into eco-friendly tissue paper and wipes.

It’s quite a journey from a home-based business to a certified B Corp selling over 16 products in 25 countries. Julie and Chris are on a mission to reduce plastic, save carbon and save trees, by creating a brand that makes sustainability fun – and grows fast like the bamboo its products are made from.

For Julie and Chris, being successful founders of a sustainable business means being efficient, maintaining a resilient supply chain and using software that can provide the data that supports their environmental objectives. Having a single source of data enables them to manage cash flow, balance sheets, inventory and planning as the company grows in scale and moves into new international markets.

"NetSuite has been a very important part of our growth and we adopted it quite early in our journey, which was the right decision. We've grown from nothing to a £12 million turnover business with 25 people working across the world."

— Julie Chen and Chris Forbes

Visibility for Resilient and Sustainable Growth

Increasing Profitability

As businesses expand, success relies on automation, tracking, and analysis for long-term efficiency. NetSuite provides comprehensive visibility, reporting, and forecasting to optimize decision-making and safeguard against external impacts. By effectively managing finance, sales, and supply chain, you can concentrate on maximizing profitability.

International business

Consolidating international business accounts, reconciling inter-company transactions and performing manual, group and local reporting can be error-prone especially when working on different systems. NetSuite OneWorld solves these issues with real-time visibility, automated posting for transaction-level consolidation and accurate multi-book accounting.

Supply Chain Clarity

NetSuite’s single application helps you to see supply chains and inventory clearly, in real time, so you can manage demands and costs with ease. Take advantage of proven processes and metrics, enabling best practice from day one that will help you to identify and mitigate supply chain risk and leverage opportunities.

Proven ESG Progress

Telling a good sustainability story is easy. Backing it up with real numbers can be harder. With NetSuite, you can track and report on key data, metrics and KPIs from across all areas of your business, so customers, staff, investors, and other stakeholders can clearly see the positive impact your business is creating.

Resources and Content

7 Steps to Recession Proof Your Business

Discover a new playbook for a different kind of downturn. Our business guide sets out 7 steps that businesses can take to weather today’s uniquely challenging business conditions.

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21 Inventory Management KPIs to Track

Inventory is one of the biggest expenses for products-based companies. What are the best KPIs to track? Our guide lists the KPIs that will help you to balance stock with demand, understand which products to push or scale back, and identify areas for improvement.

Read More

The ROI of ERP Systems

There’s no question that an ERP can deliver value by creating a single platform for core business functions and data. If you’re building an ERP business case, this article will help you put an ROI number on that value.

Read More

13 benefits of ERP

Not everyone understands how an ERP can help the business. Use this guide to help colleagues see how it can add value – from security and compliance to finance and forecasting.

Read More

How to Select the Right ERP for You

When you’re choosing an ERP, it’s essential to be clear about what you need and what your vendor can provide. We’ve identified 9 universal questions to ask your vendor, and set out the popular ERP functionality that organisations need.

Read More

"With NetSuite, as a CEO I'm able to understand the health of the business, sales and financial trends, and cash flow. That makes my life a lot easier."

— Julie Chen

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