Situation at Fusion Power Before NetSuite Implementation

Fusion Power, a leading global solar company, specializes in designing and implementing customized solar energy systems tailored to the unique needs of each client. With a robust business model, the company processes over 200 solar installations monthly, contributing significantly to the renewable energy landscape. However, as Fusion Power experienced rapid growth, it became apparent that its existing financial management system, QuickBooks, was insufficient to handle the complexities of its expanding operations.

The absence of Project Management, Revenue Recognition, and Inventory capabilities posed substantial challenges for a company dealing with numerous installations and custom-designed solar solutions. Fusion Power’s reliance on custom applications alongside accounting and worksheets created inefficiencies, particularly in the areas of revenue recognition and fixed asset management.

Recognizing the limitations of its existing system, Fusion Power tapped AST (formerly CTR) to implement a comprehensive business solution that could address these specific needs:

  • Streamlined operations
  • Integrated systems
  • Accurate reporting
  • Optimized efficiency
  • Improved workflows

Our migration from QuickBooks to NetSuite ERP went smoothly thanks to our partners at AST.”

Dan Bachrach CFO
Let’s Create Progress Together!

Our migration from QuickBooks to NetSuite ERP went smoothly thanks to our partners at AST.”

Dan Bachrach CFO

Solution & Benefits of NetSuite Implementation in the Energy Industry

AST has significantly enhanced Fusion Power’s project accounting and billing processes through the seamless migration to NetSuite ERP. This transition has effectively streamlined and automated cost tracking, billing, and revenue recognition, resulting in notable reductions in risk and cost while concurrently improving employee and customer satisfaction.

The implemented system maintains a meticulous audit trail for each event, ensuring Fusion Power’s adherence to regulatory compliance requirements, particularly under ASC 606. Furthermore, AST has extended the capabilities of NetSuite by adding cost matching for inventory items to Revenue Recognition.

Fusion Power now enjoys the following benefits:

  • Integration with third-party applications
  • Automated processes
  • Minimized manual efforts
Industry: Energy

Solution Components:

  • Oracle NetSuite ERP
    • Financial Management
    • General Ledger
    • Accounts Receivable
    • Accounts Payable
    • Revenue Recognition
    • Procurement
    • Inventory and Order Management
    • Project Management
why ast poster why ast poster

Why AST?


AST’s expertise in modernizing financial operations with NetSuite ERP has delivered to the client streamlined and automated cost tracking, billing, and revenue recognition, as well as risk and cost reduction and improved employee and customer satisfaction.