IT Company Case Study

CASE STUDY

Overview

Client is into providing customized & cost effective solutions in the areas of SAP/JD Edwards implementation such as Business Process Reengineering, Expert Consulting, Training, Solution reviews, Safeguarding Services, Post implementation maintenance support. The client is having operations spread over places such as Australia, USA, Malaysia, South America, Africa apart from India.

Client

    • Presence in multiple jurisdictions with legal entities for ease of local jurisdiction. Multiple office locations within India. Employees travelling to various locations across the globe for project execution.
    • Specialization in SAP, JD Edwards, Apriso, IT infrastructure operations support.

STRATEGIES DESCRIBED

  • Defining the proper off-site Accounting organization structure and providing capable resources.
  • Defining the SLA’s for keeping the F & A function online, defining the roadmap for ongoing accounting activity.
  • Providing consulting solution for creating the group structure globally.

Client's Challenges

  • Defining the proper off-site Accounting organization structure and providing capable resources.
  • Defining the SLA’s for keeping the F & A function online, defining the roadmap for ongoing accounting activity.
  • Providing consulting solution for creating the group structure globally.

Solution Provider

  • Providing experienced and capable team to manage the global F & A function, establishing accounting organization structure to suit the global expansion. Defining proper SLA’s, Compliance Calendar, Structuring the MIS to highlight on the KPI’s.
  • Online solution for Employee expense management, right from submission of reports, to verification, approval, processing, payments, MIS.
  • Consolidation reporting and Dashboard for MIS which can be viewed 24 * 7 from anywhere.
  • Employee self service module for Payroll.
  • Providing the global corporate structure.

Outcomes

    • Tax efficient Global corporate structure with due regards to wealth creation.
    • Well defined accounting process, proper internal controls.
    • Excellent coordination between operations and Accounting function.
    • Accurate & Timely consolidated reporting which has facilitated quick decision making.
    • Management time on accounting & finance function has been restricted to authorizations and discussion on MIS.
    • Negligible employee grievance on account of expenses reports and payroll processing.