Scenic Case Study

Introduction

  • Scenic Tours: Premier travel company specializing in luxury, curated experiences worldwide
  • Scenic Tours offers personalized itineraries, exclusive accommodations, and unparalleled customer service, ensuring unforgettable journeys for every traveller
  • They are operating almost in all continents and rolling out NetSuite to all the countries

Processes

  • Financial Management (GL, Receivables, Payables across global subsidiaries
  • Integration with their in-house solution with complex rev rec
  • Intercompany Framework with reconciliation
  • Reporting with multibook approach
  • Tax and localizations across the globe

Challenges

  • Consolidation and Intercompany
  • Complex Revenue recognition based on historical data
  • Disconnected systems with manual work to reconcile

Benefits

  • Single source of truth integrated with their in-house booking system
  • One single platform to manage their business processes
  • Automated consolidation and elimination
  • Automated revenue recognition with no manual entries
  • Automated reconciliation leveraging the NS reconciliation engine as well as Inplenion analytics package.

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