Nintendo of Europe adopts OneWorld Xe Finance solution to deliver strategic management information
J.D. Edwards, a leading provider of agile, collaborative solutions for the Internet economy, today announced that Nintendo of Europe GmbH, based in Grobostheim, Germany, has selected J.D. Edwards’ OneWorld Xe Finance solution. The business software allows Nintendo of Europe to consolidate all financial information across its European affiliates in Germany, France, Belgium, Netherlands, Spain and the UK.
OneWorld Xe has given Nintendo’s senior European management the tools necessary to monitor day-to-day business operations and greatly enhances visibility of key processes. With the ability to provide up-to-the-minute reporting on profitability by product, customer or affiliate, OneWorld Xe represents a key component to efficiently manage the company’s complex operations.
High data quality for all accounting and fiscal needs has been the prevailing determinant for selecting OneWorld Xe. In addition, the solution offers Nintendo’s management the benefits of generated reports to support business decision-making processes. The company furthermore leverages OneWorld Xe’s ability to provide consolidation of financial information across all affiliates in different countries. The flexible architecture enables rapid integration with the existing IT-environments of Nintendo across all affiliates in six European countries.
“OneWorld Xe streamlines and synchronises our financial operations throughout Europe,” says Takuya Yoshimura, Managing Director Finance, Administration, Operations, Nintendo of Europe. “With up-to-the-minute, fully visible financial information, Nintendo can continue to build on its competitive success. The data provided by OneWorld Xe represents a sound foundation for timely and accurate decisions.”
“OneWorld Xe delivers a functionally rich solution that caters for the unique business needs of Nintendo of Europe,“ states Peter F. Landolt, General Manager, J.D. Edwards Central Europe. “The OneWorld solution is specifically designed to help companies manage their international transaction processes across different affiliates and especially across different countries.”
OneWorld Xe-Finance offers a solution that enables companies to simplify the enterprise-wide consolidation and reporting of financial results in multi-country environments. The solution provides flexible conversion and processing of data containing multiple languages, currencies and different representations. It greatly enhances financial analysis, graphical modelling and data exports to other applications. For example, Microsoft Excel, using standard procedures, including OLE (Object Linking and Embedding) and DDE (Dynamic Data Exchange).
OneWorld Xe Finance is designed to accommodate international requirements. The modules include: Address Book, General Accounting, Accounts Payable and Accounts Receivable, Cash Basis Accounting, Financial Planning and Budgeting, Financial Reporting, Activity Based Costing, Multi-Currency Base, Time accounting and Treasury Management.
Nintendo Co., Ltd. Of Kyoto, Japan, is the acknowledged worldwide leader in the creation of interactive entertainment. To date, Nintendo has sold more than a billion video games worldwide, created such industry icons as Mario® and Donkey Kong and launched franchises like The Legend of Zelda® and PokémonTM. Nintendo manufactures and markets hardware and software for its popular home video game systems, including the Nintendo 64, Nintendo GameCube, Game Boy Advance and Game Boy – the world’s best-selling video game system which has sold over 110 million units. As a wholly owned subsidiary, Nintendo of Europe GmbH, based in Grobostheim, Germany, was established in 1990 and serves as headquarters for Nintendo’s operations in Europe.
About J.D. Edwards
J.D. Edwards is a leading provider of agile, collaborative solutions for the Internet economy. The Company’s open solutions give organisations the freedom to choose how they assemble their internal applications and how they collaborate with partners and customers across the supply chain to increase competitive advantage. Founded in 1977, J.D. Edwards is headquartered in Denver. Additional information can be obtained by contacting the Company via the Internet at http://www.jdedwards.com or at 0118 909 1700.
J.D. Edwards is a registered trademark of J.D. Edwards & Company. The names of all other products and services of J.D. Edwards used herein are trademarks or registered trademarks of J.D. Edwards World Source Company.
0118 909 1808
Giles Peddy/Nishma Shah
The Weber Group Europe
0207 240 6189
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