Financial Executives International Partners with Oracle NetSuite to Enhance Member Resources

Financial Executives International Partners with Oracle NetSuite

Financial Executives International (FEI), a prominent organization committed to empowering finance leaders, recently announced its participation in Oracle’s NetSuite Associations and Buying Groups program. This strategic move is set to significantly enhance educational and operational resources available to FEI's members, who consist largely of senior finance executives including CFOs and controllers.

Exclusive Access to AI-Powered ERP

Through this partnership, FEI members will gain exclusive access to preferred pricing on Oracle NetSuite’s cutting-edge enterprise resource planning (ERP) software. With an AI-driven approach, this ERP system is designed to improve productivity and operational efficiencies, providing businesses with greater visibility and control. Such advancements are crucial for finance leaders today, who are tasked with navigating complex financial landscapes, rising compliance standards, and increasing data demands.

Founded in 1931, FEI serves over 11,000 members across more than 50 chapters in the U.S. The organization is dedicated to fostering a strong peer community and advancing the finance profession via educational initiatives, advocacy efforts, and research developments. By aligning with Oracle NetSuite, FEI aims to facilitate digital finance transformations for its members, making modern and scalable ERP accessible to a broader audience.

The Importance of Technology in Finance

FEI's president and CEO, Andrej Suskavcevic, emphasized the need for finance leaders to adapt to the rapidly changing business environment. He stated, “Finance leaders are navigating compressed close cycles, increasing compliance requirements, and growing data demands from the business.” By utilizing the tools and resources offered through the NetSuite program, FEI members can streamline their operations, strengthen financial controls, and enhance their overall business visibility. This ultimately allows them to allocate more time towards strategic decision-making and growth initiatives.

As a part of the NetSuite program, members will also benefit from educational resources, dedicated customer support, and networking opportunities within NetSuite’s extensive partner network. By attending industry events hosted by the program, finance professionals can engage with peers and share best practices, thus fostering a collaborative approach to tackling industry challenges.

Embracing Change for Enhanced Success

Ranga Bodla, Oracle NetSuite’s vice president of field engagement and marketing, welcomed FEI into the program, highlighting its significant role in building community and facilitating growth in business ecosystems. With enhanced access to the latest technology and expertise, FEI members are poised to better anticipate and react to the unique challenges faced in their respective industries.

By joining forces with Oracle, FEI reaffirms its commitment to empowering finance executives with innovative tools and resources necessary for succeeding in today’s dynamic marketplace. This partnership marks a significant advancement in the resources available to financial professionals, equipping them with the capabilities needed to thrive in an ever-evolving business environment.

The integration of advanced technology such as Oracle NetSuite’s AI-powered ERP system signifies not just a step towards modernizing finance operations but also emphasizes the importance of adaptability in the finance sector. As businesses navigate the complexities of growth amidst a landscape of rapid technological advancement, having access to cutting-edge tools is not just beneficial—it's essential.

To learn more about the advantages of the NetSuite Associations and Buying Groups program and how to join, visit Oracle NetSuite.

About Financial Executives International

Financial Executives International (FEI) is the premier organization for seizing opportunities in finance leadership. Based in Morristown, New Jersey, FEI provides vital support to its members through a vast network that fosters professional growth and collaboration while advancing the finance profession.

For additional information regarding FEI and its mission, visit www.financialexecutives.org.