Orange, 22960, VA,
United States
Wallace Enterprises Technographics
Wallace Enterprises Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Wallace Enterprises and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 50 Wallace Enterprises employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Wallace Enterprises has purchased the following applications: Oracle NetSuite ERP for ERP Financial in 2005 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Wallace Enterprises is running and its propensity to invest more and deepen its relationship with Oracle or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Wallace Enterprises revenues, which have grown to $4.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Wallace Enterprises intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Wallace Enterprises Tech Stack and Enterprise Applications
Wallace Enterprises ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle NetSuite ERP | ERP Financial | ERP | n/a | 2005 | 2005 |
In 2005, Wallace Enterprises implemented Oracle NetSuite ERP to centralize its finance and operational recordkeeping for its United States consumer packaged goods business, a deployment aligning with the ERP Financial category. The implementation targeted the company’s small enterprise profile, focusing on consolidating accounting and transactional processing into a single cloud-based application, Oracle NetSuite ERP.
Configuration emphasized core financial modules common to ERP Financial deployments, including general ledger, accounts payable, accounts receivable, billing, fixed assets, and financial reporting. Order-to-cash and procure-to-pay workflows were implemented to link sales order processing and purchasing with ledger posting, and the chart of accounts was standardized to support consistent month-end close activities.
The deployment integrated internal operational modules within Oracle NetSuite ERP to provide a unified record for inventory valuation and sales transactions, reducing reliance on disparate spreadsheets. Operational coverage included finance, operations, procurement, and sales teams across Wallace Enterprises in the United States, with role-based access controls and centralized transaction posting to enforce fiscal controls.
Governance changes focused on formalizing financial process ownership and enforcing standardized period close procedures, with NetSuite configuration used to automate recurring journal entries and approval routing. Documentation and configuration were structured to support ongoing maintenance by in-house finance staff, keeping system complexity proportionate to the company’s 50 employee scale.
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IT Decision Makers and Key Stakeholders at Wallace Enterprises
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| CEO and Treasurer | CXO | Finance | ||||
| Co-Owner | CXO | Finance | ||||
| Co-Owner | CXO | Finance |
Apps Being Evaluated by Wallace Enterprises Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||