20 Jan 2022
10 min read
Financial Services

Business Next Unifies Global Financial Operations with Oracle NetSuite Cloud ERP

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COMPANY

Business Next

INDUSTRY

Financial Services

APPLICATION REPLACED

Tally (India) & QuickBooks (US)
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Overview

Business Next is a global CRM solutions provider serving clients across multiple industries, with Banking and Financial Services forming the largest part of its customer base. With operations spread across India, the U.S., Singapore, and Canada, the company faced increasing challenges in managing finance, projects, and contract renewals across subsidiaries. As the organization scaled, its existing processes—largely manual and disconnected—were no longer sustainable for its growing global operations.

Challenges

The reliance on manual processes across accounts receivable (AR), accounts payable (AP), expense management, and project tracking created operational bottlenecks and reporting delays. Teams spent significant time reconciling data across spreadsheets and disconnected systems, which led to inconsistencies in financial reporting, delayed project profitability analysis, and inefficiencies in managing contract renewals.

Without real-time visibility into financial performance and operational metrics, management struggled to make timely and informed decisions. The absence of an integrated system also made it difficult to consolidate data from different entities, impacting both accuracy and agility. To support its next phase of growth, Business Next needed a single, unified platform to streamline financial and project processes while enabling scalability across regions.

Solution: Embracing Transformation

Business Next partnered with SaasWorx to implement Oracle NetSuite Cloud ERP, transforming its finance and operations ecosystem into an integrated, data-driven environment. The six-month engagement focused on configuring NetSuite for multi-country and multi-subsidiary operations, providing a centralized view of global financial data.

Key solution highlights included:

  • Automation of core financial workflows across AR, AP, and expense tracking with multi-level approval hierarchies.
  • Integration with existing CRM and expense management systems for seamless data flow and reduced duplication.
  • Deployment of SuiteProjects for end-to-end project accounting, profitability tracking, and resource visibility.

  • Implementation of automated revenue recognition and contract renewal processes to accelerate billing and improve compliance.
  • Creation of custom dashboards and real-time reports to monitor performance across regions, subsidiaries, and departments.

The transformation eliminated fragmented workflows and manual intervention, allowing the finance team to focus on strategic initiatives rather than repetitive tasks.

Results & Impact

With Oracle NetSuite now at the core of its financial operations, Business Next achieved measurable improvements in efficiency, visibility, and scalability:

  • Reduced manual reporting effort by 40%, saving over 200 hours monthly.
  • Accelerated financial close cycles through automated consolidation and reporting.
  • Improved accuracy and compliance in revenue recognition and billing.
  • Enhanced visibility into project profitability, enabling better resource allocation and decision-making.
  • Real-time insights into financial and operational metrics across all global entities.

The unified, cloud-based system has empowered Business Next to scale confidently, improve cross-functional collaboration, and strengthen financial governance. Teams now have instant access to reliable data for faster, more informed decisions, while the platform provides a scalable foundation to support future expansion.

Why SaasWorx

SaasWorx brought deep domain expertise and proven NetSuite implementation experience to deliver a seamless transition from disconnected systems to a fully integrated ERP environment. By combining strategic consulting with technical excellence, SaasWorx helped Business Next unlock greater efficiency, agility, and control—establishing a robust foundation for sustainable global growth.

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