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NetSuite fitness brand to support fast worldwide Expand by automating key business processes and linking data across activities for better understanding.
Las Vegas, September 28, 2022 /PRNewswire/ — Suitworld 2022 — Orange Theory Fitness, a fitness brand and innovator in the fitness and wellness category, has chosen. Oracle NetSuite To help give more people a longer and more active life. With NetSuite Orange Theory can be used by one user. Integrated business system To grow and expand the business as it expands internationally.
In the year After opening its first boutique fitness studio in 2010, Orange Theory has grown to more than 1,500 studios in 24 countries and has a strong expansion pipeline for 2023. A science-backed, technology-driven sport to increase demand and expand global operations, Orange Theory needed an Enterprise Resource Planning (ERP) system. After careful evaluation, Orangetheory chose NetSuite to streamline its operations, integrate data to make faster and more informed decisions, and improve the efficiency and accuracy of its financial processes.
“As Orange Theory continues to grow rapidly to meet the growing needs of our whole body group, we need a centralized business system to help our operations keep pace with our growth,” he said. David Hammer, CFO, Orangetheory Fitness. “NetSuite’s high performance and ease of use allow us to focus on our strategy, better enable and serve our franchise network, and help us turn data into opportunities faster than ever before. Entering new markets, both domestically and internationally.”
With NetSuite, Orangetheory can consolidate, automate and scale its operations in a single cloud business system. NetSuite Orange Theory can increase the accuracy and efficiency of existing key business processes, including procurement and distribution, and integrate with third-party tools to streamline back office processes. In addition, NetSuite helps Orange Theory to integrate and improve the accuracy of data in the business, as well as to better support the needs of the ecosystem of partners and studio franchisees. This enables Orange Theory to conduct faster and more meaningful analysis and reduce the risk associated with inaccurate or missing data, and ultimately helps Orange Theory’s leadership team make more informed decisions.
“Orangetheory had the foresight to understand that it was growing rapidly out of its systems and needed to improve its technology to support customer needs,” he said. Evan Goldberg, Founder and EVP, Oracle NetSuite. “By providing NetSuite with a centralized and scalable system, Orange Theory can improve and streamline operations without disrupting the flow of business. As a result, the Orange Theory team is laser-focused on working with the ecosystem to continue its strong growth trajectory.”
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About Oracle NetSuite
For more than 20 years, Oracle NetSuite has helped organizations grow, scale and adapt to change. NetSuite provides an integrated system that includes financial/enterprise resource planning (ERP), inventory management, HR, professional services automation and omnichannel commerce, used by more than 32,000 customers in 217 countries and territories.
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About the Orange Theory
Orangetheory® Fitness (orangetheory.com) Heart rate-based, total body group exercise combines science, coaching and technology to help you achieve desired results and live a more active life. One of the world’s fastest-growing franchise companies, Orange Theory connects members and coaches to develop a shared community experience to create a workout designed for all fitness levels. Orange Theory workouts charge for more calorie burn, more results, and a more confident metabolism, giving you more life. Orange Theory franchisees have opened more than 1,500 studios in all 50 US states and 24 countries. The company in Inc. magazine ranked #60 on its list of fastest-growing private companies and listed as #9 on Entrepreneur’s Fastest-Growing Franchise 500 list. Visit https://www.orangetheory.com/en-us/international-opportunities/ for international franchise opportunities.
Source Oracle NetSuite
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