Saviynt's Transition to NetSuite with ScaleNorth

This case study details Saviynt's implementation of NetSuite in collaboration with ScaleNorth, aimed at enhancing their accounting and reporting processes. Saviynt, a cloud-based access management and identity governance solutions provider, faced significant challenges with their previous manual accounting systems, which involved multiple QuickBooks instances and Excel spreadsheets. The transition to NetSuite was driven by the need for scalable, efficient processes that could accommodate their growth and comply with revenue recognition standards such as ASC 606. With ScaleNorth's assistance, Saviynt successfully implemented NetSuite within a tight timeline, significantly reducing the time required to close financial books from 20-25 days to 8-10 days. The integration has also provided Saviynt with improved access to financial management tools and centralized data for revenue recognition and currency revaluation. The partnership with ScaleNorth has allowed Saviynt to operate efficiently without increasing headcount, thereby alleviating the burden on their accounting team.