Compusoft


13 December '23

2 minute read

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PROBLEM

Compusoft (now Cyncly) is a fast‑growing, private‑equity‑backed SaaS provider operating across more than 30 subsidiaries in 15 countries. Years of rapid international expansion had left the business with fragmented finance systems and inconsistent processes across its local finance teams.

Key challenges included limited real‑time visibility of performance, manual and time‑consuming Order‑to‑Cash processes, lengthy month‑end close cycles, and reliance on Excel‑based consolidation for management reporting. With multiple accounting systems in place, Compusoft lacked the data consistency and insight required to support international growth and future M&A activity.

SOLUTION

Compusoft partnered with Cooper Parry Digital to implement NetSuite using the SuiteSuccess methodology, enhanced with customisations to meet the scale and complexity of its global operations. The solution was delivered in nine months, with phased go‑lives and a pilot rollout to ensure a smooth transition across all subsidiaries.

Our team implemented a single NetSuite platform with customised Order‑to‑Cash enhancements, including:

  • A tailored billing engine supporting complex product structures
  • Automated approvals and global cost‑control workflows
  • Localised invoice generation via a configurable PDF application
  • Bank payment integrations across Europe and the Nordics
  • A customised dunning process to improve cash collection
  • Invoice review and approval via SuiteLet prior to customer issue

A Phase 2 programme further extended the solution with Salesforce integration, procurement automation, the onboarding of new subsidiaries following M&A activity, and the implementation of SuiteProjects.

VALUE ADDED

  • A single, consolidated view of Compusoft’s global financial performance
  • Standardised and scalable billing across all countries
  • Faster transaction processing through automation
  • Consistent global cost control and compliance
  • Real‑time KPI visibility, consolidation and management reporting
  • Actionable insights enabling faster, more confident decision‑making
  • A robust, scalable ERP platform supporting continued international growth

The NetSuite implementation has transformed Compusoft’s finance function, enabling data‑driven decision‑making and providing a future‑proof foundation for ongoing expansion.