Who is Yoga Room? “Yoga Room” is a company offering a wide range of Yoga lessons through a large variety of subscription options, either onsite or online. They manage several yoga studios, including stores selling Yoga equipment, in Belgium, France and Portugal. They have recently acquired a new subsidiary in France and just finished a … Continued
Who is Yoga Room?
“Yoga Room” is a company offering a wide range of Yoga lessons through a large variety of subscription options, either onsite or online. They manage several yoga studios, including stores selling Yoga equipment, in Belgium, France and Portugal.
They have recently acquired a new subsidiary in France and just finished a successful fundraising campaign despite their studios having been closed for more than 200 days because of the Covid-19 pandemic.
The reason for change
With 7 studios in Belgium, France, and Portugal, and no real comprehensive management software, Yoga Room needed a tool able to centralise their accounting and business processes, as well as supporting their ambitious international growth. NetSuite OneWorld’s set of functionalities seemed to be a perfect fit for this mission.
One year later, Yoga Room already acquired two additional subsidiaries and opened 3 new locations, confirming they made the right decision.
Why choosing NetSuite?
Yoga Room selected NetSuite as their ERP solution for the following reasons:
- A cloud-based ERP system implemented and deployed globally across all entities.
- A unified and integrated platform to run all business processes to replace the current legacy systems.
- Scales with the projected exponential growth of business and its needs.
- Reduces the use of Excel and manually intensive processes within the business.
- One source of truth.
- NetSuite offers a full suite of financial modules including multi-taxation, multi-country or powerful financial reporting.
- Third-party systems integration capabilities.
About the NetSuite implementation
NetSuite was sold to Yoga Room as an out-of-the-box solution, with a fast-track implementation of standard core finance, procurement, and sales capabilities. In addition to that, some effort was dedicated to the integration of the wellness services-focused management software Mindbody.
The implementation required the implementation partner, Novutech, to be flexible in order to adapt their project management approach to effectively run a sprint Out of the Box implementation.
The specificities of the project meant that the focus needed to be given to key user training and fast adoption by Yoga Room’s accounting team, which was successfully accomplished as Yoga Room were able to quickly take ownership of their NetSuite environment.
"NetSuite fit perfectly for our group because this ERP simplifies the centralization and the processing of accounting and financial data for multiple companies in differents countries, while being compliant with local legislation. In the end, we get a single and clear reporting that includes data from each point of sale in a single, standardized dashboard, regardless of its location and the company ."
Benjamin, Head of Finance & Administration
"Novutech has enabled us to implement the software quickly and reliably and make the necessary customizations. Novutech also advises us on the most optimal way to use the software or on functions that are useful to our business. They are always available and very reactive, especially for urgent topics. Their team is also friendly and attentive, which makes the working relationship very pleasant and constructive.
Benjamin, Head of Finance & Administration
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