Founded in 2019, the Belgian start-up Novutech – a partner NetSuite for Enterprise Resource Planning (ERP) in the cloud – is growing fast. The specialist in ERP implementations and optimizations will have generated €2.7 million in 2022, an increase of no less than 68% compared with 2021. With the acquisition of the NetSuite business of Fast Four in the Benelux, Novutech is reinforcing its ambitions, positioning itself as a true NetSuite expert, and moving up into the top 3 NetSuite partners in Europe.
A deal in line with Novutech’s ambitions
The acquisition of Fast Four’s NetSuite business is an important step for Novutech. It enables the company to double in size in terms of customers and consultants as well as to expand its NetSuite service offering in the Dutch market.1 This acquisition brings many benefits, including an acceleration of the international development and use of NetSuite as Cloud EPR solution, new partnerships and a boost in terms of skills and experience in the company. These significant winning assets will ensure not only rapid innovation and continuous product improvement, but also optimal customer service and an attractive working environment for consultants.
“We are delighted to have eighteen additional NetSuite experts on our team, which previously boasted 30 consultants. We have become the largest team of NetSuite consultants in Europe in one fell swoop. Some sixty Fast Four clients have been added to our portfolio. Our staff already help more than one hundred and twenty NetSuite customers every day,” says Maxime Lothe, co-founder of Novutech.
Jan Snyers, responsible for the NetSuite business at Fast Four and now working at Novutech: “We are really delighted to be part of this great family of ambitious entrepreneurs. I am looking forward to working with them and contributing to this development.”
From now on Novutech not only provides NetSuite services, but has become a reseller of the software licences in the Benelux. The advantage for customers is that they have only one point of contact, irrespective of their needs in terms of licences, installation, development or training.
A bright future lies ahead
Novutech intends to build on this momentum in the coming years. The main goal for 2023, however is make sure that the new business activities are successful. “Our priority is to consolidate all our business activities and to harmonize the operation of all our entities so as to provide bespoke service. Customer satisfaction is paramount,” says Frédéric Szikora, co-founder of Novutech.
It is crucial for Novutech, a company that is both ambitious and pragmatic, first to take the time needed for a successful integration, and only then move on to new phases of development. This is particularly true for a growing market like Cloud ERP.
Founded in 2019 by specialists from the sector, Novutech has quickly grown into a leading cloud partner in Europe. The company provides high-quality cloud ERP services. With a team of specialized consultants and broad experience in training and skills, Novutech supports companies in their digital transformation using the NetSuite ERP solution.
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