Case Study: Cheran Foundation Trust achieves streamlined financial processes and faster month-end close with Oracle NetSuite

Cheran Foundation Trust Streamlines Financial Processes to Continue Delivering Affordable Education

Cheran Foundation Trust, the nonprofit education arm of Cheran Group operating six colleges in Tamil Nadu, provides affordable schooling to disadvantaged students. As the organization grew, its legacy Tally accounting system left ledgers siloed across campuses, causing duplicated or late entries and making subgroup and group-level financial consolidation slow and error-prone—putting pressure on fee collection and the colleges’ fiscal sustainability.

By implementing NetSuite (including Fixed Assets Management and SuiteSuccess Financials First), the trust unified its financial data, automated month-end close and reduced audit effort to two internal auditors. Real-time visibility plugged revenue leakages and improved fee collection, while customized student reports lowered default risk and helped sustain the colleges’ operations.

Cheran Foundation Trust

SriKharthick Palaniswamy

Trustee