Boohoo in strategic partnership with Nexer and Microsoft to transform global finance business functions

Press release

Boohoo in strategic partnership with Nexer and Microsoft to transform global finance business functions

2021-10-27 Nexer

The Boohoo group have entered a strategic partnership with Nexer and Microsoft to support Boohoo in their passion for embracing modern technology to support business improvement and improve the customer experience.

Initially, Nexer and Microsoft will be supporting Boohoo to replace legacy Finance solutions using the Microsoft Dynamics 365 Finance application across its businesses and brands. This will provide solid foundations for Boohoo as they continue to grow their business at anunprecedented pace.

“We are delighted about our partnership with Boohoo to support them on their journey of business change using Microsoft technology. Our businesses have built a strong rapport, and we are excited for the journey ahead together”, says Martin Burden, Commercial Director Nexer Enterprise Applications UK.

The new systems are due to go live Q1 in 2022, with the main benefits expected to support and further optimise business processes whilst allowing the business to access critical business data at speed to support its appetite to drive positive change at pace.

“The Boohoo group is recognised as a business that moves at pace. In the last two years alone, we have grown from 5 brands to 13 and added 6M active customers. Finance underpins every aspect of our business, and this partnership will further develop and modernise Finance within Boohoo so it can continue to support the Group’s growth ambitions”, says Pete Templeton, Finance Director, Boohoo.

Why Microsoft and Nexer?
During the software and partner selection process, Nexer and Microsoft demonstrated that Microsoft as a platform was well suited to the growing needs of Boohoo, allowing fluidity and flexibility needed for such a high paced industry. Additionally, with Microsoft’s level of investment in its products and future vision, Boohoo views Microsoft as low risk and proven provider to partner with.

Nexer will be the consultancy partner leading the delivery of projects and were selected based on the significant experience working with other Retailers to support change and considerable experience in successfully implementing Microsoft Dynamics 365 technology. The ability to be flexible in helping Boohoo also impacted the decision.

For more information:
Martin Burden
Commercial Director Nexer Enterprise Applications UK
martin.burden@nexergroup.com

Beatrice Silow
Marketing Director Nexer Group
beatrice.silow@nexergroup.com

About Boohoo
“Leading the fashion eCommerce market”
Founded in Manchester in 2006, Boohoo is an inclusive and innovative global brand targeting young, value-orientated customers, pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7.
In 2017, the group extended its customer offering through the acquisitions of the vibrant fashion brand PrettyLittleThing and the free-thinking brand Nasty Gal. In March 2019, the group acquired the MissPap brand, in August 2019 the Karen Millen and Coast brands, and in June 2020 the Warehouse and Oasis brands, all complementing the group’s scalable, multi-brand platform. In January 2021, the group acquired the intellectual property assets of Debenhams, intending to transform a leading UK fashion and beauty retailer into a digital department store and marketplace through a new capital-light and low-risk operating model. In February 2021, the group acquired the intellectual property assets of UK brands Dorothy Perkins, Wallis and Burton. As of 31 August 2021, the boohoo group had 19 million active customers across all its brands around the world.

About Nexer
Nexer is a global tech company with over 1,900 experts in 10 countries, delivering projects to over 37 countries globally. With a strong heritage of over 30 years of experience and strong roots in entrepreneurship and innovation, we keep our customers one step ahead in a world gone digital.
Some of the world’s largest and most demanding businesses rely on our dedication and expertise within digital transformation, Business applications, artificial intelligence, Cloud, IoT, IT and R&D. We secure their progress by exploring cutting-edge tech, pushing ourselves to innovate, and sharing our skills within strategy, technology and communication. The company is a part of the Danir group, a Swedish privately held business with 8,000 co-workers. Before 2021, Nexer operated as Sigma IT.

About Microsoft
Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organisation on the planet to achieve more.