Finance Transformation with NetSuite ERP
Introduction
- Perk is a technology company specializing in enterprise spend management and automation solutions. Operating across multiple countries, Perk helps organizations optimize financial processes and drive operational efficiency.
- With rapid international expansion came increasing financial complexity, and Perk implemented NetSuite ERP as a fully integrated global financial management platform.
Processes
- Financial management (general ledger, receivables, payables across global subsidiaries)
- Automated intercompany transactions and reconciliation
- Multi-book reporting
- Global taxation and localization
- NetSuite now serves as the single source of truth across all entities
Challenges
- Limited visibility due to disparate systems and data sources
- Manual consolidation and currency conversion
- Time-consuming intercompany reconciliation
- Different ledger and reporting standards across entities
- Lack of centralized, standardized processes
- Increasing requirements for multi-book reporting and localization
Benefits
- Centralized global finance operations on one unified NetSuite platform
- 360° financial visibility across all subsidiaries
- Automated consolidation and elimination
- Significant reduction in manual workload
- Faster, more accurate multi-entity reporting
- Standardized multi-book reporting and global tax compliance
- A scalable financial infrastructure that supports Perk’s rapid international growth
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