Case Study: The Center for Discovery cuts month-end close to 6 days with Netgain

The Center for Discovery cuts month-end close from 20+ to 6 business days with Netgain

The Center for Discovery, a nonprofit providing care for individuals with complex disabilities, faced a month-end financial close that stretched beyond 20 business days. Their manual processes and lack of visibility created significant challenges within their heavily regulated environment. To address this, they turned to Netgain and implemented its NetSuite products, including Shared Transactions, NetLoan, and NetClose.

Netgain's solution automated manual tasks and centralized the close process within NetSuite. This allowed The Center for Discovery to cut its month-end close from over 20 days to just 6 business days, saving 12 days each month. The time for individual cost allocations was reduced from 5 minutes to 30 seconds. Additionally, the organization became audit-ready by February, weeks ahead of its previous schedule.

The Center for Discovery