The Challenge
IBC operates as a multi-country industrial distributor representing over 40 international brands across equipment, instrumentation, and safety systems for the energy and industrial sectors.
Before engaging Netora, IBC's operations ran on a combination of disconnected systems: one accounting platform per country, a separate inventory management tool, manual spreadsheet-based procurement, and no unified view of vendor performance or cross-entity financial consolidation.
The specific pain points:
- Finance teams in each country operated in isolation, with no consolidated P&L
- Procurement was managed via email and spreadsheets — purchase orders took 3–5 days to process
- No visibility on which of the 40+ represented brands were performing vs. underperforming by margin
- HR managed separately in each country with no standardized rotation or certification tracking
- Monthly close took 18–22 business days due to reconciliation complexity
The Solution
Netora deployed Netora ERP Industrial in a fully integrated implementation covering IBC's three operational countries.
Phase 1 (Days 1–30): Configuration & Data Migration
- Unified chart of accounts across all entities
- Migration of 4+ years of transactional data
- Setup of multi-currency and multi-jurisdiction compliance parameters
Phase 2 (Days 31–60): Integration & Training
- Connection of all country purchasing workflows to the central platform
- Integration with existing SCADA and operational monitoring tools
- Training of 85+ users across operations, finance, and procurement
Phase 3 (Days 61–87): Go-Live & Stabilization
- Full go-live across all entities simultaneously
- Real-time consolidated financial dashboard activated
- AI demand forecasting calibrated to IBC's historical sales data
Results
After 90 days of live operation:
| Metric | Before | After | Change |
|---|---|---|---|
| PO processing time | 3–5 days | Same day | -95% |
| Monthly financial close | 18–22 days | 5–7 days | -70% |
| Stockout events per quarter | 45–60 | Under 10 | -80% |
| Cross-entity consolidated view | None | Real-time | ✓ |
| Vendor performance visibility | None | Scored monthly | ✓ |
Products Used
- Netora ERP Industrial — Multi-entity financial management, multi-country compliance, HR, asset management, unified catalog management, AI demand forecasting, automated procurement, and vendor performance scoring
Ready to unify your operations? Talk to a Netora specialist.
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