Case study 2

“Consolidation and reporting has been excellent."

David Ingram, Straker Translations

Improved processes

Consolidation and reporting have been improved.

There have been a lot of time savers thanks to NetSuite.

The revenue recognition process has become easier.

The flexibility of NetSuite allows for more efficient business processes.

Specific Gains

Business Journey

“We had a complex integration requirement so it meant that Ogg was involved closely with our in-house application team as well as our finance team. We had a project manager, seconded from Finance, as well as a business team, including the COO, that meet on a weekly basis to define and track tasks and process.
“Ogg were responsible for the initial set-up, helping the integration team, and guiding us through the data conversion as well as setting up reports and NetSuite scripts. We had a good experience.
“We found the post-go-live support to be particularly good with very thorough explanations and timely responses. Ogg had resources based in Europe who also helped out with our European finance team which was great. Ogg, was always available and provided clear direction.”
-David Ingram, Straker Translations

Why did Straker Translations choose NetSuite?

The more Straker went through the options and and thought about what their business requirements were, it really came down to NetSuite.
NetSuite has a strong presence in technology companies; the relatively seamless bi-annual updates, the strong consolidation functionality, and the revenue recognition ability.
“The presence and tax compliance functionality it has was also important for us, with entities in 9 countries.”

Customer
Experience

“Ogg were
brought in to solve some issues we were having and I was impressed
with their breadth of knowledge and ability to think through the issues
to arrive at practical solutions. Their background in accounting was
also very handy...”

David Ingram, Straker Translations

Business Challenges

Tax compliance was hard to keep track of.

Lack of revenue recognition ability.

System was struggling to handle multi-currency consolidation.

Reporting Issues due to the international scale of the business.

Automation of some of the more mundane processes.

Outgrew the current ERP Service and needed a more integrated platform.

“We were using Xero, which while simple to use was problematic with running 16 entities, particularly around reporting, consolidation, and controls.”
David Ingram, Straker Translations

Founded in 1999 by Merryn and Grant Straker as a technology services company, the company became a translation services company in 2010 when it saw a gap in the market for technology-based translation services that could utilise both machines and humans to produce highly accurate, faster and more cost-effective translations. Since 2010 the company has grown into one of the world’s leading translation service providers.

Industry B2B Services
Location Global