Oracle NetSuite
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A Oracle NetSuite Case Study
School of Rock, a global music-education franchise with over 300 locations and 54,000 students, faced mounting accounting complexity as it scaled: 10 legal entities, frequent intercompany inventory moves, and a 28-day month-end close that relied on manual journal entries and led to occasional inaccuracies. The company had outgrown QuickBooks and Salesforce and needed a unified, scalable financial system.
By implementing NetSuite OneWorld with Trajectory Group, School of Rock automated intercompany transactions using reusable journal templates and other close automation. The changes shortened the close to nine days, removed much of the manual work that would have otherwise required more staff, improved reporting accuracy, and set the stage for automated revenue recognition and streamlined bank reconciliations.