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How HEA Investments Built a Multi-Entity Financial Platform for a Growing Investment Group in Abu Dhabi

A UAE-based investment and financial services group implemented NetSuite ERP to gain consolidation, payment control, and real-time financial visibility.
Result
~45%
Reduction in payment processing and financial consolidation effort across the group's multi-subsidiary structure
Situation
Starting from zero with no legacy ERP, active projects already underway, and investors, contractors, and sales cycles all moving simultaneously — ONE needed financial control and project cost governance operational immediately.
Solution
NetSuite ERP with the AzdanApps Project Costing module — covering general ledger, AR/AP, cash management, fixed assets, budgeting, BOQ management, contractor contracts, and real-time project cost visibility across all active developments.
Company
HEA Investments Global FZE
Industry
Financial Services
Services
NetSuite ERP Implementation, AzdanApps Centralized Payment, Professional Services, Managed Support

HEA Investments Global FZE is an Abu Dhabi-based investment and financial services holding group — a multi-subsidiary organization managing a portfolio of assets, investments, and operational entities from its UAE base. As the group expanded its structure and the complexity of its financial operations grew, the absence of a unified financial platform became an increasingly visible constraint on how effectively the CFO's office could manage, consolidate, and report across the group.

Consolidation Without a System

Across its subsidiaries, HEA Investments was managing general ledger, accounts payable and receivable, cash positioning, tax obligations, fixed assets, and budget cycles without a single integrated platform. Consolidation required significant manual effort. Payment processing across multiple currencies and entities was time-consuming and difficult to control from the center. And the reporting visibility that leadership needed to manage an investment group at this level simply wasn't available in real time.

The group needed a proper financial infrastructure — one built for multi-entity operations, with centralized control over payments and reporting that could scale alongside the portfolio.

What We Did

Azdan implemented Oracle NetSuite ERP with NetSuite OneWorld as the financial backbone across HEA's entity structure, covering:

  • General Ledger through Amortization — the full financial suite including GL, AP, AR, cash management, payment management, tax management, fixed assets, consolidation, budget management, expense allocations, and amortization schedules — across all entities in one platform.
  • AzdanApps Centralized Payment — a NetSuite-native payment hub enabling HEA to execute a single payment from one bank account across currencies, settling multiple supplier bills and delivery orders in one consolidated transaction — with full traceability and audit trail inside NetSuite.

The Centralized Payment module gave HEA's treasury function visibility and control it hadn't had before — with real-time cash outflow tracking, advance payment management, and multi-entity payment consolidation all operating natively within the same platform. An ongoing managed service agreement with Azdan ensures the platform remains stable and supported as the group evolves.

Financial Control at the Group Level

HEA Investments' finance function moved from disconnected, entity-by-entity management to a consolidated, real-time view of group performance. Supplier payment processing — previously handled through fragmented, manual workflows — became centralized, controlled, and fully auditable. And with period-close, consolidation, and reporting all running inside one system, the CFO's office now has the kind of financial governance that a UAE-based investment holding group demands.

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Mora Fahmy, Solutions Advisor at Azdan
Mora Fahmy
Solution Advisor, Azdan
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