Bankrate

Bankrate is a leading online publisher, aggregator and distributor of personal finance content across multiple categories including mortgages, deposits, credit cards, senior care, retirement, automobile loans and taxes.

The Challenge

Bankrate initiated a project to optimise their back-office processes through a replacement of their legacy Financial Systems. Furthermore, they wished to implement a solution with a unified analytics and reporting suite to provide finance and the wider business with a close-to-real-time-view of underlying business data to support sales, marketing and planning.

The Solution

Bankrate selected NetSuite ERP to meet their needs and engaged SystemsAccountants to recruit a suitably qualified Financial Systems Director to be based in their New York head office. SA were mandated to execute a discrete nationwide search to source a shortlist of highly experienced financial systems leaders.

The outcome

Critically, candidates were required to have experience in delivering end-to-end, full lifecycle implementations of NetSuite ERP, and have an expert appreciation of optimising NetSuite to deliver cost effective and insightful reporting, analytics and transaction execution in a continuously changing business environment. Furthermore, candidates were to have a hybrid combination of finance and accounting skill sets coupled with deep financial systems implementation and development expertise.

SA’s NetSuite Team leveraged their unique network of financial systems professionals, and their research team generated a long list of options via various in-house databases and social media tools.

SA then met, interviewed and assessed the most qualified candidates, then presented a shortlist of three candidates to the company’s CFO. One of the shortlisted candidates is now hired, fully integrated into the business and enabling Bankrate to leverage their NetSuite investment.