Case Study: Fornax achieves real-time NetSuite financial reporting with Estuary

Real-time financial reporting for NetSuite for leading nutraceutical company

The customer, Fornax, a prominent Australian nutraceutical company, faced challenges with inconsistent financial reporting from NetSuite. Their monthly sales-to-COGS computations were error-prone due to fulfillment-based processing, and they lacked the real-time insights needed to track performance and plan store-level engagement effectively. They partnered with the vendor, Estuary, to overcome these data silos and limited visualization capabilities.

Estuary implemented a real-time ELT integration to seamlessly extract data from NetSuite and third-party sources. This solution, part of a strategic collaboration with Fornax, automated the reporting process and eliminated manual overhead. The results included a 10-hour monthly reduction in data preparation time, a 22-hour monthly reduction in insights generation, and new gross profit visibility at both the product and customer banner levels.

Fornax