Fiscal Calendar Change (India)

Know how Jade Global helped ThoughtSpot Inc. with its Fiscal Calendar change for the India subsidiary in their existing NetSuite applications and improved its reporting accuracy

About the Client

ThoughtSpot is a business intelligence and enterprise analytics platform designed to ease the process of analyzing complex, large-scale enterprise data with an automatic, relational search engine. The company's platform connects with any on-premise, cloud, big data, or desktop data source, deploying faster than legacy technologies, enabling businesses to access terabytes of enterprise data, centralizing data and infrastructure management in seconds with a single click.

Industry:

Software (Business intelligence company)

Business Challenges

  • Since the fiscal calendar was set as Feb to Jan, ThoughtSpot could not report correct numbers for India from Apr to Mar
  • ThoughtSpot had to pass audit adjustment entries in books and reverse it for India
  • ThoughtSpot was facing challenges to address the reporting requirements related to Indian GAAP through NetSuite
  • It was a very time-consuming process during Month-end, Quarter-end, and Year-end