Finance & Accounting Services for Auto spares Manufacturer

Challenges

• Company was making major alterations to their infrastructure in the plant which meant having an alternate plan at every step for last minute changes
• Completely solve supplier issues during and post transition. As this was identified as a core problem any slip would have seriously jeopardized the business prospects.
• Erroneous Reconciliations and account balances given by earlier service provider meant verification and correction of many account balances retrospectively from inception
• The cost controls imposed meant non availability of customized ERP menus resulting in additional time and manpower requirements for rectification of historical errors
• Migration of data and account balances from old system to the new version

Our Solution

• eNoah‟s in depth understanding of Auto industry resulted in a very quick analysis of business model of the client and implementing ERP (MFG PRO) version
• A web enabled workflow solution integrating with their ERP was developed to give timely visibility to management for taking business decisions
• The core capability of the Finance & Accounts and ERP solution team to handle a seamless migration in tandem ensured the adaptability to situations and last minute plan changes.
• The GTM ( Global Tax Master) set up was suitably amended for changes in tax laws.

Key Benefits

• Prompt and timely processing of payments resulted in reduction of supplier concerns
• The supplier details were updated and therefore wrong wire transfers were totally eliminated
• Addressed audit concerns completely on internal controls and functioning.

Achievements

• Client managed QAD MFG PRO Product License, Industry specific configuration and implementation, AMS support and Finance and Accounting (BPO) support as a packaged service