The Situation Before NetSuite

This leading global energy company specializes in designing and implementing customized solar systems. With a robust business model, the company processes over 200 solar installations monthly, contributing significantly to the renewable energy landscape. However, as the company 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. The client’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, the client 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

We are extremely pleased to have collaborated with this client on their migration from QuickBooks to NetSuite.  The business results they are seeing from this transformational project are phenomenal.”

Connor Sheehey Senior Director of Sales at AST
Let’s Create Progress Together!

We are extremely pleased to have collaborated with this client on their migration from QuickBooks to NetSuite.  The business results they are seeing from this transformational project are phenomenal.”

Connor Sheehey Senior Director of Sales at AST

The Solution & Benefits of NetSuite in the Energy Industry

AST has significantly enhanced the client’s project accounting and billing processes through the seamless migration to NetSuite. 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 the client’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.

The client now enjoys the following benefits:

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

Solution Components:

  • Oracle NetSuite
    • 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 has delivered streamlined and automated cost tracking, billing, and revenue recognition, as well as risk and cost reduction and improved employee and customer satisfaction.