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Oracle NetSuite Case Study

Boys & Girls Club Of Lawrence

Introduction

This case study of Boys & Girls Club of Lawrence is based on a December 2021 survey of Oracle NetSuite customers by TechValidate, a 3rd-party research service.

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“I am really happy with NetSuite.”

Challenges

The key reasons for deciding to implement NetSuite were:

  • A need for increased visibility and control over their business
  • A need to drive efficiency in their accounting and finance functions

Use Case

They have utilized the NetSuite solution for 2-5 years.

Results

Key benefits experienced since using NetSuite to manage their business processes:

  • Greater efficiency and strategy across our finance team
  • Reduction in expenses (audit fees)
  • Improved gross margins
  • Reduced month-end close time

They have been able to reduce Procurement expenses using NetSuite by:

  • The number of days that they were able to save in the collection of Accounts Receivable:
  • The number of days that NetSuite has saved for the monthly time to close:

The improvements they have seen by using Netsuite:

  • Overall Revenue growth: a notable improvement
  • Gross Margin improvement: a notable improvement
  • Resource utilization (if applicable): a notable improvement
  • Finance Team efficiency: a substantial improvement
  • Days to Close: somewhat of an improvement
  • Time to do ad hoc and monthly reporting: a notable improvement

NetSuite has allowed us to:

  • Increase their Gross Margin: agree
  • Achieve greater incremental revenue: strongly agree
  • Reduce inventory stock-outs: agree
  • Improve their customer service: agree
  • Reduce their data entry time: strongly agree
  • Compete with larger competitors: agree

Organization Profile

Organization:
Boys & Girls Club of Lawrence

Industry:
Non-profit

About Oracle NetSuite

Oracle NetSuite is the world’s leading provider of cloud-based business management software. NetSuite helps companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, ecommerce, inventory and more.

Learn More:

Oracle NetSuite

Source: James Lawrence, CFO, Boys & Girls Club of Lawrence
Validated
  Published: Jun. 6, 2023   TVID: 18E-FE2-C36




About This Data

This data was sourced directly from verified users of Oracle NetSuite by TechValidate.

TechValidate verifies the identity and organizational affiliation of all participants that contribute to published research data. When research participants so desire, we also guarantee their anonymity so that they may share information honestly and freely.


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