Every Man Jack and JonnyPops Cut Financial Close Times by 50%
Every Man Jack and JonnyPops showcased how AI integration has transformed their financial processes, significantly reducing close times and driving operational efficiencies. Discover how these brands are setting new standards in financial management.
Key Facts
- Every Man Jack cut financial close time by 50%, saving 4,500 hours annually, enhancing efficiency.
- JonnyPops halved monthly close time, improving timely insights critical for rapid growth management.
- Both brands transitioned from fragmented systems to NetSuite, highlighting the need for consolidated data.
- AI implementation requires strong foundational systems; success depends on quality of underlying ERP.
- Mid-sized brands adopting AI raise competitive pressure on slower firms, demanding faster financial processes.
Summary
Summary
Every Man Jack, a B-corp certified men's personal care brand, faced challenges with disconnected systems that hindered data access and slowed reporting. By implementing Oracle NetSuite's AI capabilities, the company halved its financial close time and expects to save over 4,500 hours annually. JonnyPops, a frozen novelties maker, also transitioned to NetSuite, cutting its monthly close time nearly in half, enhancing operational efficiency.
Background
Every Man Jack, founded in 2007 and based in California, specializes in men's personal care products sold through major retailers like Target and Walmart. Prior to deploying NetSuite, the company struggled with disconnected systems that limited data access and required significant manual effort for reporting. JonnyPops, established in 2012 by students at St. Olaf College, grew rapidly from farmers' markets to national distribution. Before adopting NetSuite, JonnyPops relied on QuickBooks, which could not support its expanding operational needs.
Challenge
Every Man Jack aimed to streamline its financial processes and improve data accessibility, which were hampered by manual workflows and disconnected systems. JonnyPops needed a scalable solution to manage its growing operations effectively and leverage AI innovations to enhance efficiency.
Solution
Every Man Jack implemented Oracle NetSuite to integrate and automate workflows across finance, inventory, and order management. The company utilized the NetSuite AI Connector Service to securely connect leading AI models, enabling automated order approvals through an AI-powered agent that analyzes fulfillment, forecasting, and inventory data. JonnyPops transitioned to NetSuite Next, which incorporates conversational AI and agentic workflows directly within the platform, allowing employees to access business data and create custom dashboards.
Results
Every Man Jack reduced its financial close time by 50%, translating to an estimated savings of over 4,500 hours annually and approximately $350,000 in annual cost savings. JonnyPops cut its monthly close time nearly in half, providing management with more timely insights into operations.
Key Insights
Both companies illustrate the importance of consolidating on a single ERP system before applying AI. This foundational step is crucial for achieving measurable gains. Practical use cases, such as automating order approvals and answering everyday business questions, demonstrate that AI can effectively enhance operational efficiency without requiring complex implementations. Additionally, maintaining security and governance while integrating AI is essential for finance teams.
Customer Testimonial
“We realised that if we wanted to continue scaling efficiently, we needed technology that could keep pace with our business,” said Steve Fox, chief financial officer, Every Man Jack. “NetSuite gave us a strong foundation to move faster and work smarter. By automating routine processes and making our data more accessible, we can give our teams more time to focus on higher-value work, and make better-informed decisions across the business.”
Entities Mentioned
Companies
Products
Technologies
People
Key Concepts
Definitions
- financial close
- The financial close is the process of finalizing all financial transactions for a specific period, ensuring accuracy and compliance.
- ERP systems
- Enterprise Resource Planning (ERP) systems are integrated software platforms used to manage and automate core business processes.
- AI Connector Service
- The AI Connector Service allows businesses to integrate AI models with their existing systems while maintaining security and governance.
- conversational AI
- Conversational AI refers to technologies that enable computers to engage in natural language conversations with users.
- automation
- Automation is the use of technology to perform tasks with minimal human intervention, improving efficiency and accuracy.
Use Cases
- →automating financial close processes
- →streamlining order approvals
- →enhancing inventory management
- →providing timely business insights
- →creating custom dashboards
- →reducing manual work
Frequently Asked Questions
How did Every Man Jack improve its financial close?
Every Man Jack implemented Oracle NetSuite to automate workflows across finance, inventory, and order management, which halved its financial close time. This integration allowed for more efficient data access and reduced manual processes.
What challenges did JonnyPops face before using NetSuite?
JonnyPops needed to move off QuickBooks to a more scalable system that could support its rapid growth and leverage the latest AI innovations. The transition to NetSuite allowed them to connect finance, inventory, and operations more effectively.
What role does AI play in these companies' operations?
AI plays a crucial role by automating routine processes, improving data accessibility, and providing insights that help teams make better-informed decisions. Both companies have integrated AI to enhance operational efficiency and reduce manual workloads.
What are the benefits of using NetSuite for these brands?
NetSuite provides a consolidated platform that connects various business functions, enabling better visibility and control. This integration has led to significant time savings and cost reductions for both Every Man Jack and JonnyPops.
How can other businesses benefit from the experiences of Every Man Jack and JonnyPops?
Other businesses can learn the importance of consolidating their systems before implementing AI. By ensuring a solid data foundation, they can achieve measurable gains and improve operational efficiency, similar to the successes seen by these brands.