Modernization of financial management & System Integration with NetSuite
Introduction
Scenic Tours: A leading travel company specializing in luxury, curated experiences worldwide.
Scenic Tours offers personalized itineraries, exclusive accommodations, and unparalleled customer service to guarantee unforgettable journeys for every traveler.
The company operates on nearly every continent and is implementing NetSuite in all countries.
Processes
Financial management (general ledger, receivables, payables across global subsidiaries)
Integration with your internal solution for complex revenue recognition
Intercompany framework with reconciliation
Multi-book reporting
Global tax and localization
Challenges
Consolidation and intercompany transactions
Complex revenue recognition based on historical data
Disparate systems requiring manual reconciliation
Benefits
A single, reliable data source integrated with your internal accounting system
A single platform for managing business processes
Automated consolidation and elimination
Automated revenue recognition without manual input
Automated reconciliation using the NS reconciliation engine and the Inplenion analytics package.
