Network HardwareOracle NetSuite

One Ledger and One Workforce Record Across Acquired Entities

A technical account of NetSuite OneWorld consolidation, transfer pricing automation, and bi-directional Workday integration.

Oracle NetSuiteWorkday

Fragmented General Ledgers Across Acquired Operating Entities

Successive acquisitions left the manufacturer operating separate ERP instances alongside regional payroll platforms. Financial consolidation required manual intercompany journals across international subsidiaries.

The on-premise ERP could not consolidate multi-currency activity at the pace the business needed. Intercompany eliminations were prepared by hand each quarter.

Workforce data sat outside the financial system. Headcount, compensation, and benefits were extracted from HR platforms into spreadsheets.

Separate ledgers shared no common chart of accounts.
Transfer pricing between manufacturing and sales subsidiaries was a recurring audit exposure.
Budget versus actual workforce analysis ran on spreadsheets.

A Unified OneWorld Ledger and Transfer Pricing Engine

Exafort deployed NetSuite OneWorld across the subsidiaries in a phased regional sequence. A harmonized chart of accounts was established first.

Multi-currency consolidation and intercompany elimination rules were configured in the platform. Transfer pricing rules generate intercompany invoices with their supporting documentation.

NetSuite Advanced Financials and Multi-Book Accounting carried the statutory and management reporting views. The ledger became the single consolidation point.

Elimination rules replaced manual intercompany journals.
Transfer pricing documentation is produced with the transaction.
Multi-book accounting separated statutory from management reporting.

Workforce Costs Bridged Directly to General Ledger Accounts

Workday HCM was connected to NetSuite through a bi-directional integration. Compensation, benefits, headcount changes, and department allocations post into the general ledger.

The spreadsheet bridge between HR and finance was removed. Payroll journals arrive with currency mapping and variance alerts.

A costing engine allocates fully loaded labor cost to product lines, projects, and business units. Workday Adaptive Planning supports headcount scenarios tied to financial forecasts.

Project Time Capture for R&D Capitalization

Engineering time entries recorded in Workday flow into NetSuite as the capitalization source. SuiteScript 2.0 generates the journal entries.

Capitalization no longer depends on entries prepared by hand for each entity. The rules are applied where the time is recorded.

Project and product line dimensions travel with the entries. Hardware product costing draws on the same data.

Project time entries are the input to capitalization logic.
SuiteTalk REST API carried the integration traffic.
Entries retain their project and entity dimensions.

Multi-Currency Alignment and Statutory Audit Standards

Each subsidiary reported in its own currency under local statutory requirements. The consolidated view had to serve both local filings and group reporting.

Currency translation and elimination had to be repeatable rather than reconstructed each period. Audit evidence had to be retrievable from the system itself.

That constraint shaped the rollout sequence. A region went live once its statutory reporting was validated in a parallel run.

Client names and identifying details are withheld under confidentiality obligations.