MaxMat Centralises Finance, Assets and Procurement with Oracle NetSuite
Executive Summary
Timestamp implemented Oracle NetSuite ERP to integrate finance, fixed assets and procurement within a single platform, enhanced with specific capabilities for regulatory compliance and reporting. The solution improved financial control, data quality and operational efficiency for one of the leading DIY retail chains in its market.
The Challenge
The client needed to unify its finance, procurement and fixed asset management processes within a single integrated platform.
Fragmented information, together with regulatory compliance and reporting requirements, limited operational control and process efficiency. The challenge was to centralise management and ensure regulatory compliance.
The Solution
A unified platform to integrate finance, procurement and asset management on Oracle NetSuite.
Oracle NetSuite ERP
Implementation of Oracle NetSuite ERP to integrate finance, fixed assets and procurement within a single cloud platform.
Implementation and Integration
The project covered requirements gathering, implementation, integration with corporate systems and ongoing support.
TS Pack
The solution included TS Pack, providing specific capabilities to meet regulatory compliance and reporting requirements.
Financial Control and Efficiency
The implementation improved financial control, data quality and operational efficiency.
Business Impact
Solution Scope
Finance
Integrated General Ledger, Accounts Payable, Accounts Receivable and Fixed Assets
Procurement
Integrated procurement processes
Compliance
TS Pack for regulatory compliance and reporting requirements
The Client
MaxMat is a retail chain specialising in DIY, construction, bathroom, garden and home improvement products. With an extensive network of stores and a value-driven approach, it serves both consumers and trade professionals through a broad range of products and solutions. Its business model combines competitive pricing, product availability and specialist customer service, making it a recognised player in the Portuguese retail market.
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