The NetSuite Podcast

The NetSuite Podcast


Rayburn Electric Energizes Finance Team by Automating Reconciliations

December 18, 2023

Take the pain out of time-consuming reconciliations with NetSuite Account Reconciliation: https://bit.ly/3GDuN0r 


Stephanie Weeks, controller at Rayburn Electric Cooperative, joins cohost Ian McCue to share more about the Texas-based electric utility and its journey with NetSuite. Stephanie starts by explaining how the co-op model works [2:24] and the unique benefits it offers members [3:13]. She details how its Sage accounting system struggled with the company’s rapid growth [4:13] and how NetSuite helped improve its accounting operations [5:09]. Stephanie then digs into Rayburn Electric’s investment in NetSuite Account Reconciliation [7:20], telling the story of how her company became the first to go live on that new module [10:05]. The controller then shares how the utility has expanded its use of the suite with NetSuite Planning and Budgeting [11:49], SuiteProjects [13:55], and SuitePeople Payroll [14:51]. She also touches on how the expertise of NetSuite Advanced Customer Support (ACS) has provided a big assist [16:23]. Stephanie closes with a pitch on why fellow controllers should strongly consider NetSuite [18:38] and what’s on the horizon for Rayburn Electric [20:45].


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