NetSuite Implementation for a Leading Hospitality Player
Overview
Founded in 2013, our client is a leading online reservations platform for restaurants in Asia. The app has been downloaded by more than 1.5 million users so far. The client’s mission is to connect empty tables with empty stomachs by offering time-based discounts of up to 50% every day at all participating restaurants through its web and mobile applications. We have collaboratively seated over 5 million diners at more than 4,000 venues across the region and counting.
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Challenges
Robust growth potential threatened by fragmented, unreliable financial information
Multiple accounting systems in 6-7 countries resulted in extended delay in book closing
No proper coordination between corporate and regional accounting teams resulting in delays in MIS
Solution
- NetSuite ERP Implementation- AP, AR, GL and FA modules.
- Functional Configuration for 6 different subsidiaries.
- Functional Scope
- Setup configuration
- Testing
- Prototype Design
- Training Materials / User Manuals
- Technical Scope
- Reports and Dashboards
- Setting up data migration to Production
- User Training.
- Go-Live stabilization.
- The engagement was completed in a short span 5 months.
- 7 Member team was deployed to deliver the project.
Outcomes
- 360 degree financial management for AR, AP, GL & FA automation
- Reduced operational costs
- Provided growth to their business by providing real-time financial data & strong analytics
- Integrated financial operations across multiple subsidiaries
- 1M+ diners served per year
- 4000 venues across Asia
