BACK TO WORKS

NetSuite Implementation for a Leading Hospitality Player

Industry

Travel & Hospitality

Services

NetSuite Oracle Cloud

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.

Overview-NetSuite Implementation for a Leading Hospitality Player

Challenges

 

Icon-NetSuite Implementation for a Leading Hospitality Player 01

 

 

 

Robust growth potential threatened by fragmented, unreliable financial information

Icon-NetSuite Implementation for a Leading Hospitality Player 02

 

 

 

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

Icon-NetSuite Implementation for a Leading Hospitality Player 03

 

 

 

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