The top management faced issues in getting accurate and comprehensive reports. In addition, they were unable to generate many reports timely as it required the junior and middle management to download data from SAP and merge and manually work on it to prepare reports. As a result, the reports were unreliable, and the figures in various reports often did not match.
The company implemented the SAP software a decade earlier, and since then, the business has changed drastically, but new processes were not implemented properly.
The company had to track and evaluate stock manually due to system issues.
It was difficult for them to do batch valuation properly.
Wastage of time in closing activities to reconcile and rectify errors.
What Nobis Did
Nobis performed a system study project, identified the issues and improvement areas in the current system, and suggested the solution and feasibility.
The client awarded us additional projects to restructure the organization elements and transform some critical business processes.
Further automation projects were awarded post the restructuring. We developed workflows to automate the approval process and defined proper controls and validations to limit mistakes during transaction processing.
New MIS reports were generated as required by the management.
Value to Client
Operational efficiency has increased as they are no longer required to track stocks in excel, resulting in reduced time in getting approvals.
Avoidance of reimplementation saved costs and time.
Automation of GST reconciliation resulted in cost reduction.
Automation of many processes reduced the month closing time by almost a week.
Enabled management to generate reports timely and accurately.