HomeCase StudiesFinance & Accounting Services for International Auto Manufacturer
Finance & Accounting Services for International Auto Manufacturer
Overview
eNoah jointly with Partner successfully migrated Finance & Accounting Services for an international auto manufacturer based out of Europe.
Challenges
Business criticality of the Purchase to Payables process – Total payout $ 10 billion USD
Change of ownership compelled the auto manufacturer to move its finance & accounting and procurement services from their current provider
Penal interest for delay in payment: This demanded ruthless execution of purchase to payables process to avoid interest and penalties.
Policy Disparity: Transition and Migration from captive-shared services to third party had its own intrinsic issues like policy disparity, data sharing and server connectivity
Nature of work stream activities: Daily, weekly, ad-hoc and monthly activities, data entry & complex transaction processing
Use of SAP R3 along with legacy interfaces by client called for System & product expertise from new service provider
Change in System: Migration of Intercompany process from QAD-MFGPRO to SAP R3 and tackling backlogs and mismatches
Our Solution
eNoah’s in depth understanding of Auto industry helped in identifying potential pits falls during migration
Prior experience in handling such large engagements with shared services center helped in designing a good transition plan.
A transition team comprising of seasoned resources ensured service continuity with minimum disruption to the client’s management bandwidth
Key Benefits
Cost savings to client on outsourcing without compromising on quality of delivery
No disruption in business when there was a change in ownership
Smooth transition ensured business continuity and avoided interest penalty
Timely & Customised Dash board ensured the Senior Management to manage the budget effectively
Achievement
Client expanded their service beyond the originally agreed geography because of superior service
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