Agent commissions are now automatically determined and distributed by NetSuite, and the finance team can close the books faster.
MINNEAPOLIS, MN – BTM Global, a premier provider of system implementation and integration services for Oracle NetSuite solutions, announced that Lakes Area Realty is live with NetSuite. With NetSuite, Lake Area Realty will be able to automate manual finance processes, increase visibility into key business metrics, and improve efficiency.
Lakes Area Realty is a 120-agent firm serving buyers and sellers throughout Minnesota and Wisconsin. To meet growing demand created by a hot real estate market, Lake Area Realty needed to reduce administrative work, streamline reporting, and increase visibility into key financial metrics. For example, agents’ commissions were being calculated on spreadsheets and distributed manually, which was an inefficient and slow process. To accelerate business processes and automate mundane finance tasks, Lakes Area Realty decided to replace its Quickbooks financial system with NetSuite.
“With NetSuite, we’ve saved an immense amount of time on administrative tasks and we can better support our stellar agents,” said Steve Havig, CEO of Lakes Area Realty. “Even in the midst of a very busy real estate market, BTM helped us transform our business with minimal disruption.”
In just eight weeks, BTM Global designed, built, and deployed NetSuite. Designed to quickly deliver business results with pre-configured KPIs, workflows, reminders, reports and dashboards, NetSuite has enabled Lakes Area Realty to streamline administrative tasks and significantly improve the efficiency and accuracy of business processes. Agents’ commissions are now automatically determined and distributed by NetSuite, and the finance team has clearer visibility into finances, can close the books faster, and has more time to focus on strategic tasks.
BTM led and managed all aspects of the implementation, including integration with real estate transaction software and payment software. BTM has also provided additional training to ensure the Lakes Area Realty team maximize the potential of NetSuite.
“A fast implementation like this one requires a strong partnership, good planning, and clear communication. We’re thrilled to help Lakes Area Realty improve the administrative side of the business while creating an even better experience for their agents,” said Tom Schoen, CEO of BTM Global. “If a small business is waiting for the right time to improve their operational and financial processes with NetSuite, now is the right time.”
About BTM Global
BTM Global Consulting, LLC (“BTM Global”) is a premier provider of Oracle Retail, NetSuite and Mavenlink solutions. It delivers solution consulting, implementation, integration, custom development, and support services for clients ranging from small businesses to the world’s most recognized brands. BTM Global approaches each project as a partnership that helps clients become more seamless, efficient and profitable. Its reputable teams are made up of creative problem-solvers and proactive partners who address each project holistically, with an eye on efficiency and the client’s long-term success. For more information, visit www.btmglobal.com.
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