With wide spread development and investment interests across Singapore, Australia, Indonesia, and China, this investment property business relied on a legacy ERP solution which hindered efficiency.
This case study explores how we supported them to embark on an enterprise-wide transformation initiative that would future-proof their global business growth.
The challenge
With over 60 subsidiaries, the business previously relied on a combination of disparate legacy ERP solutions and manual processes to support its business and reporting. These legacy systems and processes hindered their ability to work efficiently due to technical debt and lack of visibility into their data to inform fast business decisions.
The leaders of the business looked to embark on a company-wide, regional finance transformation initiative and, with that, deploy a new cloud-based ERP (Enterprise Resource Planning) solution to achieve the following objectives;
- Streamline their finance processes.
- Optimise ways of working and look towards maximum automation.
- Accommodate their growing size and business interests.
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The solution
We conducted a comprehensive requirements study, allowing them to define future business and technology needs.
With our help, they chose Oracle NetSuite as the replacement ERP for their business. Beyond being one of the leading cloud-based ERPs, Oracle NetSuite allows extensive customisation options to meet its unique needs and multi-entity reporting capabilities to support speed and real-time visibility.
We were responsible for the planning, design, and system implementation of Oracle NetSuite and trained over thirty users throughout a multi-phase roll-out involving sixty entities.
For the first phase, the solution went live ahead of time in just four months across the three countries that they operated in. We further partnered with the company to successfully onboard all 60 subsidiaries onto a common technology platform.
Our impact
The newly implemented Oracle NetSuite as their ERP meant they could easily manage multiple country financial regulatory requirements with standardised finance module workflows in place. Our client also benefited from efficiencies brought by the reduced manual processes and enhanced reporting capabilities to improve speed in closing books, which is vital for a listed company.
This finance transformation initiative has worked to streamline and standardise business and operational processes to enable one way of working across all its regional entities
Our impact
The newly implemented Oracle NetSuite as their ERP meant they could easily manage multiple country financial regulatory requirements with standardised finance module workflows in place. Our client also benefited from efficiencies brought by the reduced manual processes and enhanced reporting capabilities to improve speed in closing books, which is vital for a listed company.
This finance transformation initiative has worked to streamline and standardise business and operational processes to enable one way of working across all its regional entities
Our impact
The newly implemented Oracle NetSuite as their ERP meant they could easily manage multiple country financial regulatory requirements with standardised finance module workflows in place. Our client also benefited from efficiencies brought by the reduced manual processes and enhanced reporting capabilities to improve speed in closing books, which is vital for a listed company.
This finance transformation initiative has worked to streamline and standardise business and operational processes to enable one way of working across all its regional entities
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