January 16, 2025

How NetSuite Streamlined Financial Reporting for a Top Mining Services Provider

How NetSuite Streamlined Financial Reporting for a Top Mining Services Provider
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Company Bio:

This client is a trusted supplier of premium limestone products, committed to delivering quality and reliability for diverse industrial applications. Headquartered in Hyderabad, Telangana, the company leverages the region’s thriving industrial ecosystem to meet the needs of its growing clientele.

Company size: 50

Industry: Limestone Mining

Headquarters:  Hyderabad, Telangana, India

Involved Teams: Finance and Compliance

Key Outcomes:

  • Achieved enhanced compliance with Indian Accounting Standards
  • Improved financial reporting accuracy and decision-making
  • Streamlined audit processes with real-time data insights

Quick Description:

The mining client partnered with Tvarana to overcome limitations in NetSuite’s native financial reporting. Custom SuiteLet solutions were developed to enhance Trial Balance and General Ledger reporting, enabling granular analysis, regulatory compliance, and operational efficiency.

For one of India’s leading mining services firms, Tvarana implemented NetSuite to transform its finance function. NetSuite adoption by Tvarana streamlined financial reporting for a top mining services provider in India improving accuracy, speed and audit readiness. With NetSuite, the client’s month-end close time was cut by 50%, error rates reduced significantly, and financial data became more transparent across cost centers and projects.

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