Finlyte Partners, LLC (“Finlyte”) has launched an innovative central office services platform providing Finance-as-a-Service (FaaS), consulting, and capital for small to medium-sized companies. Finlyte has chosen Oracle NetSuite as its technology partner and has joined the NetSuite Business Process Outsourcing (BPO) Partner Program. Running Oracle NetSuite’s leading cloud-based ERP to manage clients’ financial processes allows Finlyte to enhance financial visibility and create cost efficiencies for its customers and support senior managers, investors, boards, and other key stakeholders.
Finlyte serves growth-oriented companies with purposeful business models that quickly outgrow entry level accounting systems, manual processes, and spreadsheets. Today, customers want to partner with BPO providers who can add value to their business and provide a competitive advantage so they can focus on their core competencies. Finlyte brings value-added financial management and core accounting services to help their clients fulfill this important business function.
“We are excited to launch Finlyte and deliver our service commitment of improving financial visibility, creating efficiency, and facilitating oversight for small to medium-sized businesses,” said Randy Russell, Finlyte Managing Partner and Co-Founder. “They count on us to help add value and free them up to focus on running their business.”
“We are excited to welcome Finlyte Partners into the BPO Partner Program,” said Craig West, vice president of alliances and channel, Oracle NetSuite. “Finlyte is well positioned to serve mid-market customers with its financial management expertise and depth of accounting system experience. This type of experienced partner coupled with NetSuite’s rich functionality and scalability will greatly benefit joint customers.”
Finlyte is focused on the professional investor community and believes the depth of experience of its founding partners as investors, executives, and entrepreneurs creates a competitive advantage for its customers. Each partner has over 25 years of proven experience in investing and managing companies across a variety of industries and in various stages of growth, ownership, and financial performance.
As a cloud-based financial system, NetSuite reduces the burden on Finlyte to invest in IT infrastructure. It also helps Finlyte to work collaboratively with clients by providing access to real-time data. Should a client outgrow the need for outsourced accounting services, Finlyte is able to easily transition the use of NetSuite to the client.
About NetSuite BPO Partner Program
Designed for companies who provide Business Process Outsourcing (BPO) or Business Process-as-a-Service (BPaaS), the NetSuite BPO Program is the industry’s first and only BPO program that provides these partners with a unified cloud-based solution of ERP to support clients of any size ranging from small businesses and fast growing start-ups to multinational Global 2000 corporations. The program also gives BPO partners access to the NetSuite SuiteCloud, a powerful development platform that provides the flexibility to tailor NetSuite to client-specific needs and/or extend NetSuite to meet industry-specific needs.
About Oracle NetSuite
For more than 20 years, Oracle NetSuite has helped organizations grow, scale and adapt to change. NetSuite provides a suite of cloud-based applications, which includes financials / Enterprise Resource Planning (ERP), HR, professional services automation and omnichannel commerce, used by more than 40,000 organizations and subsidiaries in 199 countries and territories.