Oracle Solution Provider Mythics Grows its Business 63 Percent on NetSuite

Founded in 2000, Mythics has grown from a five-person startup into a leading reseller and integrator of Oracle technology with a strong base of customers in the federal sector, while its Emergent subsidiary handles non-Oracle systems. Amid rapid growth, limitations of QuickBooks and Saleslogix CRM prompted an upgrade to a more unified, agile system in the cloud.

Company

Mythics, Inc.

Location

Virginia Beach, Va.

Industry

IT Services/Reseller

REVENUE

$980 million

EMPLOYEES

250

NUMBER OF USERS

235

NUMBER OF SUBSIDIARIES

SYSTEMS REPLACED

QuickBooks, Saleslogix

NETSUITE PRODUCTS IMPLEMENTED

NetSuite OneWorld
NetSuite OpenAir

Implementation Partner

Tribridge

Location

Tampa, Fla.

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“The biggest benefit of NetSuite is the ability to forecast where our business is driving, and the reporting is crucial to making informed decisions across the business.” Mel Sawyer, Consulting Controller, Mythics, Inc.

End-to-End Business Optimization

A streamlined client experience with a unified platform: Mythics has optimized its business from end-to-end with NetSuite, combining ERP, CRM and OpenAir Professional Services Automation (PSA). Sales reps, project consultants and back-office personnel have new visibility and collaboration capabilities across the lead-to-cash cycle to deliver a streamlined client experience.

Vital insights into key business metrics: In its five-plus years on NetSuite, Mythics has roughly doubled its workforce to 250 while growing revenue 63 percent. Billable utilization has soared across the 120-person consulting team, while OpenAir helps Mythics optimize service delivery across 110 projects at any given time and gain new insights into profitability and other key metrics.

Scalability, analytics for continued growth: NetSuite flexibility equips Mythics to handle complex client billing models and customize workflows to its unique needs. The company uses NetSuite OneWorld to simplify financial consolidation with its Emergent subsidiary, eliminating the manual work of dual QuickBooks instances. Scalability and analytics provide a solid foundation for continued growth.

Resources

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