- End-to-end integration of finance, ERP, CRM, and Ecommerce business processes is helping Pegasus save $300,000 a year in reduced administrative overhead.
- Pegasus estimates it’s also saving $80,000 a year over comparable server-based software.
- Inventory management has helped the company reduce inventory by 35%, and automation of financial processes has helped reduce receivables ageing by 15%.
- Preparing the monthly invoice run now takes about two hours, compared to 3.5 days previously.
- Financial closings used to lag by 4–6 weeks; now Pegasus tracks financials on a daily basis, in real time.
- Pegasus’ Account Managers can now answer membership, order status or invoice questions on the spot, via iPads, at client meetings; previously it could take up to a week of phone calls and emails.
- Limitations of multiple disparate software systems prevented Pegasus from taking advantage of growth opportunities.
- Company was wasting time and money manually tracking and reconciling its extremely complex pricing model.
- For any given client, each month’s bill might include retainer, hourly charges, and recurring revenue charges for special events charges billed in advance.
- In all, Pegasus had 10 different databases, handling about 250,000 employees through the company’s various corporate employee programs.
- Pegasus’ future plans include activating task management to help remote managers optimise resource utilisation, and launching tracking and reporting for sales and marketing campaigns.
- NetSuite partner SaaS-In-A-Box configured and implemented NetSuite for Pegasus, and continues as project implementer and consultant.
- SaaS-In-A-Box also used SuiteScript to develop a Fulfillment Driven Revenue Recognition module which due to the large and varied volume of transactions (especially advanced sales) is the real secret behind Pegasus’ ability to have a real time understanding of its financials—a must for any SME.