Bailey Hydraulics: Boosting Manufacturing Efficiency and Cutting Financial Close Time by 85% with NetSuite

Bailey Hydraulics

Boosting Manufacturing Efficiency and Cutting Financial Close Time by 85% with NetSuite

Bailey Hydraulics, a leading manufacturer and distributor of hydraulic components, needed a modern IT solution to support growth and streamline operations. By transitioning from an outdated AS/400 system to NetSuite ERP, Bailey Hydraulics achieved faster financial processes, centralized data access, and a more dynamic e-commerce experience for both B2B and B2C clients.

Company

Bailey Hydraulics

Location

Knoxville, Tenn

Industry

Manufacturing

Key Business Challenges

Centralizing Data Across Departments

Bailey needed to replace data silos with a unified system to improve collaboration across supply chain, IT, manufacturing, and sales.

Accelerating Financial Processes

Reducing long financial close and reporting times was essential to support fast-paced decision-making.

Enhancing E-commerce

A scalable, user-friendly e-commerce platform was required to support both B2C and B2B clients efficiently.

Netsuite Solutions

Bailey Hydraulics implemented NetSuite ERP and SuiteCommerce Advanced for comprehensive operational improvements:

Centralized Data and Collaboration: NetSuite provides real-time data access across departments, improving collaboration and eliminating information silos.
Accelerated Financial Processes: The financial close cycle reduced from 20 days to three, with reporting times cut from weeks to minutes, enabling quicker, data-driven decisions.
Enhanced E-commerce Platform: SuiteCommerce Advanced supports a seamless B2C and B2B experience, with bulk ordering, a quick order pad, and product videos, all while automating the order-to-fulfillment process.

“With NetSuite, everyone now has easy access to data, and it has made us a better company,” says Bailey Hydraulics.

Real Results

Cost Savings on IT Infrastructure

NetSuite helped Bailey avoid millions in AS/400 development costs, allowing IT resources to focus on data and system administration.

Scalable Growth Platform

NetSuite’s flexibility supports Bailey’s growth through acquisitions and entry into new markets.

85% Faster Financial Close

Streamlined financial processes reduce the financial close cycle and speed up reporting, providing timely insights.

Conclusion

NetSuite has enabled Bailey Hydraulics to unify data access, streamline financial processes, and enhance the e-commerce experience for clients. With a scalable, efficient infrastructure, Bailey is well-equipped to expand its market presence and meet increasing demands in the manufacturing sector.

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