NetSuite Simplified Financial and Business Operations for an Internet Service Provider
Overview
A leading Internet Service Provider struggled with fragmented financial processes, manual operations, and limited visibility across finance, procurement, and inventory due to outdated systems. To overcome these challenges and support business growth, ACL Digital implemented NetSuite to unify financial and operational processes, automate core workflows, and improve business-wide visibility.
Download Case Study
Challenges
Disconnected financial processes affecting reporting and period close
Manual sales order processing, invoicing, and receivables management
Inefficient procurement workflows and vendor payment processing
Limited visibility into inventory and stock movement
Manual tracking of fixed assets and depreciation
Complex migration of legacy master data and open transactions
Manual e-invoicing and banking processes
Solution
- Configured a unified Chart of Accounts, accounting periods, and financial controls in NetSuite.
- Automated key finance processes, including Record-to-Report, Order-to-Cash, Procure-to-Pay, cash flow management, and bank reconciliation.
- Digitized sales, procurement, inventory, and fixed asset management workflows.
- Migrated master data, open transactions, and one year of trial balance from the legacy system.
- Integrated ClearTax for GST-compliant e-invoicing and ICICI Bank for automated payment processing.
Outcomes
- Faster period close with real-time, accurate financial reporting
- Reduced procurement cycle time and faster vendor payments
- GST-compliant e-invoicing and automated bank reconciliation
- Real-time inventory visibility, reducing overstocking
- Seamless data continuity through clean legacy migration
