Subsidiary Implementation on NetSuite
Client Portfolio
One of our clients is a leading education company based in Singapore. Founded in 2014, the firm is popular for its path-breaking innovations in education. Their education system improves thinking and problem-solving skills of children.
The edtech firm aims to make children more confident and ready for competitive workplaces. Its education program is a teacher training and assessment tool for K-8 school and out-of-school education. It introduced an inquiry-based constructivist approach that uses hands-on activities followed by reflection and feedback.
Its flagship school program reaches close to two million children. They have upskilled and certified over 100,000 teachers in thousands of schools. The company is actively serving in 8 countries, including India, Singapore, and the Middle East. In India, students in nearly 20 states have benefited.
Problem Statement
The firm operates businesses under its six subsidiaries in India and abroad. As one of the leading firms in the field, they came to Jobin & Jismi seeking help to manage bulk data.
Being an active client of Jobin & Jismi, they sought our service to add their Indian subsidiaries to NetSuite. Our experts have been providing support including meeting their small requirements since 2021. That is why they were confident enough to approach us to set up two subsidiaries in Singapore.
They took the move after facing too much workload in entering the data on Excel sheets. Adding each entry to Excle sheets was a time-consuming task requiring manual work. This prompted them to find a solution with subsidiary implementation on NetSuite.
What We Suggested
Our experts analyzed their requirements and efficiently implemented them on NetSuite. As we knew their business requirements, the analysis part was quite easy.
Our experts discussed this with the client and took note of their requirements. The professionals at Jobin & Jismi envisaged a perfect plan to achieve the goal. We carried out the subsidiary implementation based on the client’s requirement.
One of the two subsidiaries was the parent company of the firm. They wished to add some information of the subsidiaries on the ERP. The data comprised Chart of Accounts, cost centers, locations, classes, tax codes and schedules.
They added all that information to NetSuite. Though huge records were available, they preferred to upload data from June 2022. They consolidated the data from the excel sheets and migrated it to the ERP.
We already had the data of the client in our previous records. All we did was carefully cross-check the information. Our experts completed the process without interrupting the firm’s business processes.
They also took necessary action to complete the initial setup to meet the customer’s requirements. Before submitting the project to the company, our experts verified that the business ran smoothly.
We also managed to complete the project within six months. Our team integrated data into NetSuite as per the requirements of the client. They also helped them take their businesses to greater heights.
Our intervention helped them achieve their requirement, resulting in greater customer satisfaction.
Interestingly, our experts completed the process without interrupting the firm’s existing business processes. Necessary action was also taken to complete the initial setup to meet the requirements of the firm. Before submitting the project to the company, our experts verified that their business process runs smoothly. We managed to complete the project within six months. Our experts integrated the data into NetSuite as per the requirements of the client and assisted them to accelerate their businesses to new heights.
Customer Success
With the subsidiary implementation on NetSuite, the firm’s productivity increased. They managed to reduce their manual labor by replacing Excel sheets with NetSuite. Now, they can manage all their transactions properly through NetSuite.
Earlier, managing the records of customers, vendors, employees, contacts, items, fixed assets, customers, Chart of Accounts, cost centers, locations, classes, tax codes and tax schedules on an Excel sheet was a cumbersome task for the edtech firm. Hence, the migration of the whole data from these records helped them to access all operations on the ERP system.
Since the data has been migrated to the cloud-based platform, the edtech firm can access all its records 24X7 from any computer. The firm also integrated the operations of all its departments with the subsidiary implementation on NetSuite.
Our service assisted them in consolidating their business operations onto a single platform. They discovered that NetSuite subsidiary implementation made their operations run more smoothly. It is observed that they were relieved from the hectic tasks tangled up on the Excel sheets. Now, they use NetSuite for their day-to-day business activities under all subsidiaries. As the business operations became more automated, the firm’s performance and revenue generation improved as well. The edtech firm is completely satisfied with the service of Jobin & Jismi and looks forward to continuing the association.
