WILD CHINA
RESULTS:
• EXPERIENCED SIGNIFICANT REDUCTION IN MONTH CLOSE OUT TIME
• ALL COMPANY DATA CAN BE RETRIEVED FROM A SINGLE PLATFORM
• PURCHASING ACTIVITY OF EACH INDIVIDUAL CLIENT CAN BE TRACKED IN DETAIL
• CONSOLIDATED DATA FACILITATES SOPHISTICATED ANALYSIS OF REVENUE STREAMS INCLUDING OVERSEAS TRIPS AND DOMESTIC TRIPS
CHALLENGES
• REVENUE RECOGNITION REQUIREMENTS WERE HIGHLY SPECIALISED; REVENUE WAS RECOGNISED AFTER ONE TOUR GROUP COMPLETED A TRIP.
• A SYSTEM WAS REQUIRED TO DISTINGUISH BETWEEN INDIVIDUAL AND CORPORATE CUSTOMERS.
• PURCHASES RELATED TO GUIDED TOURS, INCLUDING HOTEL BOOKINGS, TRANSPORTATION BOOKINGS, TOUR GUIDE FEES AND OTHER EXPENSES, NEEDED TO BE MANAGED IN AN EFFECTIVE, SYSTEMATIC WAY.
SOLUTION:
• ALL COMPANY DATA IS MANAGED ON A SINGLE, CLOUD-BASED PLATFORM.
• NETSUITE REPLACED UFIDA AS THE PRIMARY FINANCE MANAGEMENT SYSTEM OF THE COMPANY IN GREATER CHINA
• USERS CAN CHECK HOW MANY TRIPS ARE BEING ORGANISED DURING A CERTAIN TIME FRAME WITH A ONE-CLICK REPORT