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NetSuite Implementation for a Leading Hospitality Player

Industry

Services

Overview

 

Leading online reservations platform for restaurants in Asia, downloaded by more than 1.5 million users. Founded in 2013, client’s mission is to connect empty tables with empty stomachs by offering time-based discounts of up to 50% every day at all its participating restaurants through its online website and mobile applications. Having seated over 5 million diners at more than 4,000 venues across the region.

Overview-NetSuite Implementation for a Leading Hospitality Player

Challenges

 

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Robust growth potential threatened by fragmented, unreliable financial information

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Multiple accounting systems in 6-7 countries resulted in extended delay in book closing

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No proper coordination between corporate and regional accounting teams resulting in delays in MIS

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
Outcome-NetSuite Implementation for a Leading Hospitality Player