1300 001 534
Select Columns Layout

Shaw Industries Group

case study

myob advanced and netsuite
myob advanced and netsuite

Call Us

 1300 001 534

Shaw Industries Group

About:

Shaw Industries Group, Inc. is more than a flooring company – we are 22,000 people united in our vision of creating a better future for our customers, for our people, for our community and for our company. We provide carpet, resilient, hardwood, tile & stone, laminate, synthetic turf and other specialty items for residential and commercial markets worldwide. We meet diverse customer needs through an expansive portfolio of brands, including: Anderson Tuftex, COREtec, Patcraft, Philadelphia Commercial, Shaw Contract, Shaw Floors, Shaw Hospitality, Shaw Sports Turf, Southwest Greens, USFloors and more. Headquartered in Dalton, Georgia, Shaw is a wholly owned subsidiary of Berkshire Hathaway with nearly $6 billion in annual revenue and representation throughout the U.S., as well as in Australia, Belgium, Brazil, Canada, Chile, China, France, India, Mexico, Singapore, United Arab Emirates, and the United Kingdom. For more information about our company brands, operations and community involvement, or to join our industry-leading team, visit www.shawinc.com.

Top Objectives and Challenges:

  • Shaw needed a more scalable solution with rapid implementation of all existing functionalities and controls with taxation requirement (GST) in their existing NetSuite account
  • The company needed to track financials in multiple currencies.
  • With rapid expansion of the market, the company needed a Professional Services solution which can implement NetSuite for its Indian subsidiary with legal and taxation requirements.

Solution:

  • We helped Shaw to be GST enabled in NetSuite.
  • It also helped them to be compliant in localized taxation with respect of GST accounting and reporting.
  • We helped Implement NetSuite for its Indian subsidiary in record time for business functionalities like Sales, Purchase, Financials, Inventory and Indian Taxation in INR currency and consolidated reporting in USD.

Benefits:

  • Accounting and reporting as per India GST rules
  • All existing functionalities and controls
  • Financial reports in INR
  • Consolidated reports in USD