Our Suggested Solution

Challenges

• No linkage between inventory, project managemnt and finance modules
• Time-consuming manual work in tracking and replenishing inventory
• Reporting on Inventory, sales, finantials and other key metrics
• Fixed Asset and projects related transactions is manually managed by the users.
• Approval mechanism is managing outside of system

Solution

• They  Choose Netsuite to replace the legacy system.
• Advance accounting module like fixed asset management, amortization, advance billing and revenue recognition is implemented o automate and control the process
• Manual approval process is mapped in the system, so approval time is reduced and reduction in paper wastage.

Results

• NetSuite Inventory Management gives real-time visibility into stock in their stores
• As NetSuite is a fully integrated system so data entry is reduced.
• Real-time business dashboard gives Awal management on-demand visibility into such
• key metrics as margin, customer count, average ticket, sales by store, labor costs and more, with drill-down into detail.

Conclusion

By swapping out disparate systems with NetSuite ERP the client have been able to turn their key functions into a connected and data-driven network. Tasks that previously delayed efficiency by being moved manually were computerized, accuracy on financial decisions was supported by the introduction of advanced modules and approval processes were accelerated and eliminated paperwork. The leadership team can now utilize unified reporting and real-time-dashboards to gain the agility and visibility required to achieve growth and efficiency within the high-competition Engineering & Manufacturing industry.