La Fosse Associates

Financial / Professional Service

The Challenge

Systems & Process Modernisation

La Fosse were struggling to scale using outdated systems which were designed for a much smaller business. Their systems were not integrated with each other, resulting in manual work, duplication of effort, and poor business reporting.

Some key business processes were managed in large spreadsheets, which required a lot of manual effort to manage and oversee, as well as being prone to errors.

The goal was to implement NetSuite as a new financial accounting & ERP solution, to replace the disparate systems and spreadsheets, and provide a single, integrated system to serve as a single source of truth for the organisation, with consolidated reporting.

The Approach

Rapid, phased implementation approach

In order to prioritise time-to-value, Elevate2 and La Fosse agreed a phased approach using Elevate2’s TaskLite© methodology, with a rapid implementation of the first phase of the project, prioritised in order to go-live with NetSuite Financials by a strict deadline.

Further phases were planned to implement more specific business functionality including commissions, allocations, and integration with La Fosse’s InTime timesheeting system.

Elevate2 worked closely with the La Fosse team to build a system based upon best practice business processes, with tailored configuration and reporting for their specific industry needs.

The Results

On time and under budget

Elevate2 successfully delivered the project on-time and under budget. This allowed for rapid adoption and quick time-to-value for the La Fosse business, with improved reporting, increased automation and greater efficiency across the finance team in the first phase of the project.

Subsequent phases focused on deploying industry specific functionality to move away from the use of spreadsheets, increasing data quality, reducing the occurrence of errors and reducing the amount of time spent on manual processing by team members.

“Elevate2 delivered NetSuite on time and under budget, which gave us confidence in using Elevate2 for future projects”.

Tony Morreale, La Fosse Associates, Former CFO