Business Objective

A global software company specializing in SD-WAN optimization, application performance management, and network performance monitoring sought to overcome operational challenges while expanding worldwide. The organization needed a unified ERP solution to replace fragmented systems, strengthen financial and accounting capabilities, and improve real-time visibility into its business performance. Their goals included enhancing compliance, supporting large-scale financial consolidation, and enabling scalability for international growth.

SourceMash Technologies Solution

SourceMash Technologies implemented Oracle NetSuite to streamline the company’s financial and operational processes, creating a scalable platform to support its global expansion. The solution included:

• Deployment of NetSuite SuiteSuccess Financials and Advanced Revenue Management to centralize accounting and compliance.
• Integration of financial management, procurement, order and billing management, project accounting, and subscription billing into a unified system.
• Implementation of automation across Procure-to-Pay and Quote-to-Cash cycles to reduce manual processes and increase efficiency.
• Configuration of global financial consolidation and multi-currency reporting, providing transparency across multiple geographies.
• Customization of approval workflows for purchase orders, sales orders, and revenue recognition.
• Advanced reporting dashboards delivering real-time visibility into KPIs, financial performance, and compliance.
• Support for cross-border transactions and regulatory needs with automated tax and compliance capabilities.
• Improved cash and revenue management with better visibility into receivables, payables, and subscription revenue streams.

Business Outcome

With Oracle NetSuite implemented by SourceMash Technologies, the global software company achieved significant business transformation, including:

• 40% increase in finance team productivity by reducing manual processes and streamlining reporting.
• Faster financial close cycles, enabling accurate and timely consolidation across global entities.
• Improved compliance and audit readiness, reducing risks and ensuring regulatory accuracy.
• Real-time visibility into financials, operations, and customer contracts for better decision-making.
• Stronger cash flow management, improving forecasting and revenue recognition.
• Scalable ERP foundation that supports future global expansion and innovation.
• Higher system reliability, reducing downtime and operational inefficiencies.