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- About the Company -

vela logoCompany Name
Vela

Industry
Financial Services - Software 

Website 
tradevela.com  

vela_sketch

- Customer Objective -

Vela wanted to be able to match a customer opportunity in NetSuite to a contract as well as invoice new and reoccurring services based on a variable set of contract terms



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- How Concentrus Helped  -

  • Contracts can now be entered in 3-7 minutes, rather than 1 hour.

  • Contracted price uplifts can be applied automatically.

  • Reporting on revenue by contract (or similar audit requests) can be done in 5-10 minutes instead of 1-2 months.

  • The solution introduced automation which significantly reduced the number of steps between closing an opportunity to producing an invoice.