Mazars – Oracle NetSuite OpenAir Case Study
Global Audit and Consulting Firm Mazars Future-Proofs Its Business in Asia
The disparate legacy systems used by Mazars to manage business across seven Asian countries were no longer sufficient to support the global audit, accounting and consulting firm. Manual data collection and consolidation was time-consuming, and slowed processes and reporting. Mazars had limited visibility across its Asian operations and needed a single, standardized system to streamline processes and provide real-time insights for informed forecasting and decision-making.
1.25 billion euro
NUMBER OF EMPLOYEES
NUMBER OF USERS
Multiple legacy systems
NETSUITE PRODUCTS IMPLEMENTED
Platform Needed for Standardization, Speed
NetSuite lends visibility across region
After reviewing competing solutions, Mazars implemented NetSuite OneWorld and OpenAir for professional services automation (PSA) to standardize regional operations and gain real-time visibility. The software streamlines complex revenue recognition processes, and financial consolidation in 14 currencies. Customizable role-based access ensures security, and country-specific tax functionality eases compliance.
Platform scales with ambitions, growth
NetSuite OneWorld dashboards and robust reporting provide transparency to make informed decisions based on accurate, real-time data. Mazars has a flexible, future-proof cloud platform for efficient business and growth across its practices in China/Hong Kong, Indonesia, Japan, Malaysia, Philippines, Singapore and South Korea.
“NetSuite gives us a comprehensive view of how each country is performing in the region and a way to collaborate with each other to operate more effectively as a global organization and protect our reputable brand.”
Francois Monville, Partner, Mazars
The 90 percent of Mazars employees who work on the road can easily access NetSuite OpenAir PSA online for time-reporting and customizable workflow approvals. With this data, Mazars can better plan resources, streamlining project delivery and ensuring on-time completion.