Case Study: ThoughtSpot achieves accurate India financial reporting with Jade Global's NetSuite fiscal calendar change

ThoughtSpot speeds India month-end close with Jade Global and zero manual intervention

Jade Global assisted ThoughtSpot Inc., a business intelligence and analytics platform company, with a significant challenge in its NetSuite ERP system. The India subsidiary was incorrectly using a February to January fiscal calendar, which misaligned with the local requirement of an April to March period. This discrepancy caused inaccurate financial reporting, necessitated manual audit adjustments, and created a time-consuming process during financial closing periods.

The solution implemented by Jade Global was to modify the fiscal calendar within NetSuite specifically for the India subsidiary to align with the April to March requirement. This change enabled accurate financial reporting directly from the system, streamlined the month-end closing process, and eliminated the need for manual intervention. As a result, ThoughtSpot now achieves correct consolidated reporting and quicker, more effective financial cycles for its India operations.

ThoughtSpot Inc