BluePath Finance
CLIENT TESTIMONIAL
What Our Client Says
“Chris Haiss has always been responsive and very patient with the questions I have. When we adopted NetSuite, it was the basic platform, so there were a lot of customizations that we needed to do. Chris was very patient working through step-by-step what we wanted to do and how to achieve that. It was a great experience.”
— Irene Qi, Controller, BluePath Finance
About BluePath Finance
BluePath Finance is a leading financier of sustainable infrastructure. With locations in San Francisco and Baltimore, they fund distributed energy projects through a broad range of financial structures with the goal of increasing sustainability.
The Challenge
BluePath Finance was originally using QuickBooks for accounting transaction records but started to run into issues with having multiple subsidiary companies when actively booking transactions for different projects. QuickBooks was very limited in what it could do, especially for intercompany transactions, since it could only manage one company at a time, meaning if BluePath had 20 companies, there were 20 separate QuickBooks.
This created a lot of confusion, opportunities for errors and a slew of other problems. On top of that, BluePath is a rapidly growing company, and QuickBooks couldn’t scale with their needs.
BluePath had previously worked with Gross Mendelsohn’s Technology Solutions Group for their IT managed services. After finding out we also offered accounting systems consulting and implementation, BluePath’s controller, Irene Qi, reached out for help.
How We Helped
Chris Haiss and Michael Marinaro answered the call and helped Irene settle on NetSuite as the right ERP system, transition from QuickBooks to NetSuite and narrow down what customizations would be needed to make NetSuite’s basic package fit BluePath’s unique needs.
There were some roadblocks during the process due to the unique way BluePath does business. NetSuite is easily scalable, so BluePath scaled up from SuiteSuccess Starter Cloud Service to Financial Management Mid-Market Cloud Services to gain additional budgeting flexibility and multi-book accounting (which enables generally accepted accounting principles (GAAP), tax and capital accounting). Chris worked with Irene to identify and achieve the exact features they needed.
“Chris Haiss has always been responsive and very patient with the questions I have. When we adopted NetSuite, it was the basic platform, so there were a lot of customizations that we needed to do. Chris was very patient working through step-by-step what we wanted to do and how to achieve that. It was a great experience.”
The ability to scale and add NetSuite custom records were major contributions to BluePath’s successful onboarding of NetSuite.
The Result
NetSuite solved the issues BluePath was facing before with QuickBooks because the system allowed them to post intercompany transactions and track them automatically so they can be easily reconciled. All BluePath’s subsidiaries are now consolidated in one data file for easy management and transparency.
When asked what the biggest benefit of our services was, Irene said, “The consultant service. Whenever I had questions, I asked Chris. She was very detail-oriented and helpful with finding advanced NetSuite features and potential solutions from third parties that integrated with NetSuite.”
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