Story
Oracle
HondaHonda Extends NetSuite Across Record to Report
Honda, a consumer discretionary organization in Japan, uses NetSuite from Oracle to support record to report for controllers and shared services.
Value results
| Category | Value result |
|---|---|
| Capability | Record to report stays visible to adjacent teams through NetSuite |
| Capability | Controllers and shared services work from the same NetSuite record for financial close |
| Capability | Financial close can be reviewed without waiting on a personal export |
Story
Inside Honda, record to report used to depend on whoever still had the latest file. That pattern is common in consumer discretionary groups working out of Japan. Controllers and shared services needed a system that would still make sense after the original project team moved on.
Honda uses NetSuite from Oracle as the working layer for financial close. Oracle delivers enterprise applications, databases, and cloud infrastructure, including Fusion Cloud ERP and Oracle Cloud Infrastructure. The practical change is simple: record to report has a home, and reviews happen there instead of in a forwarded thread.
Nothing in this writeup invents a savings number. What Honda gets from Oracle is a durable place to run record to report and a way for controllers and shared services to see the same financial close at the same time.
