Client Overview
The client is a leading bank of Europe that, as part of their expansion plan, wanted to implement an application for accounting & financial analysis and management, with tender procurement, inventory, and sales & distribution for a chain of retail stores.
Business Challenge
- Supply chain associated risks such as fraudulent shipments, damage or loss, cost or quality tamper
- Lengthy procurement cycles
- Improper inventory management
- Insufficient data security and information management protocols
Solution Highlights
- Financial accounting
- Accounts receivable
- Accounts payable
- PDC (Post Dated Cheques) management system
- Budgetary control
- Management reporting
Benefits
- Improved efficiency throughout retail stores for business functions including accounting, inventory, and operations
- Seamless integration achieved for consistency & enhanced user experience
- Controlled vendor and franchise management
- Overall operational efficiency achieved across organization
- Helped in business projections in maintaining demand-supply ratio, which in turn allows management to take a call on business needs
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