Industry – Services (hospitality)
Our Client Success
Creating a single financial view of the group updated in real-time
Nelson Meers Group is a large hotel group based in Sydney with a portfolio of some of Sydney’s largest hotels. Prior to implementing NetSuite, the company managed the finance function with separate MYOB files for different venues making consolidation of month-end reports a long, time-consuming process.
“Before NetSuite, managing the finance function for the group was a manual, complex, time consuming and inefficient.”
David BuCFO, Nelson Meers Group
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Why did Nelson Meers Group choose DWR and NetSuite?
Migration of multiple accounting files into a single NetSuite One World system gave us the capability to view each venue individually and the consolidated group in real-time with full drill-down capability to individual transactions.
NetSuite’s open API has allowed the group to integrate POS, Payroll and other key systems reducing errors and double handling for team members.
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“With NetSuite we have been able to significantly reduce the amount of time required to complete month end, provide real time visibility into each venue and entity as well as move to provide online transaction paperwork (Supplier Invoice PDF and approved PO trail) for every purchase.”
David BuCFO, Nelson Meers
The outcomes Nelson Meers achieved with NetSuite ERP
DWR migrated multiple accounting files into a single NetSuite One World instance giving Nelson Meers the capability to view each venue individually.
The company also gained a consolidated group view in real-time with full drill down capability to individual transactions and the supporting documentation.
Consolidated financials providing real-time updates
Integrated financials, payroll, HR and CRM
Real-time visibility from a single platform
Time to close the month-end dramatically reduced
Multi-tier online PO approval/delegation
Supplier Bill visibility and PDF attachmentsDownload the case study
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