FINANCE
An US-based MNC providing the technology and stack to facilitate electronic payments via their proprietary POS (Point of Sale) network reached out to Datasolix in order to integrate a new arm with the finance department to streamline the overall functioning and striking a balance with them, overall.
Expert Team
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At Datasolix, we offer advanced solutions to help you build a financial data architecture that will put your business in the spotlight. Our tools are tailored to meet the needs of modern businesses, providing you with a solid foundation for your financial data. With our expertise, you can focus on growing your business while we take care the rest.
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Overview
The company wanted to integrate a newly acquired business into their finance mechanisms and processes, which required quick and catalysed implementation of new environments that can function in accordance with the existing modules.
Business Challenges
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Lack of Integration of Business Processes & IT Systems that led to a disparate functioning mechanism within the company even when the decision making related to Finance were meant to be unified.
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Continuous Delay in delivery of projects due to lack of clarity as the IT department lacked the required ammo to calculate costs related to a project, and hence the overall deadlines. This resulted in extended delays and unnecessary expenditures due to inappropriate allocation of resources.
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No mechanism to forecast the cost of manpower in a project along with their expertise & skills.
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Uneven, Unorganised UX due to lack of proper pipeline and systematic allocation of financial and manual resources. The cost of operations was meant to be a crucial metric here. But unfortunately, it was lacking.
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High Capital Expenditure as they were running their existing process on Oracle E-suite built on top of the in-house data centers.
The Ultimate Business Benefits Ft. Datasolix
Our Approach
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Conducted a thorough R&D, checked the financial compliances and took assessments related to financial data to understand what's working and what isn't.
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Elimination of increased data costs by bringing down costs of data by eliminating unnecessary bare server cores and bringing down operational costs by reduction of customer assets.
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Streamlining enterprises process management and simplify financial decision making by forecasting future costs, revenues and expenditure by analyzing existing financial data.
Our solution is centered around process automation for finance and enterprise processes, with a strong emphasis on EPM implementation and financial data analytics. Our extensive research and development efforts have allowed us to provide a comprehensive solution that serves a greater purpose.
Our Solution
Datasolix's solution is the result of extensive research and development, with a focus on automating finance and enterprise processes. Their expertise in EPM implementation and financial data analytics has allowed them to create a solution that serves a greater cause.
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Implemented low cost IT processes aligned to the company's forecasts in the near future.
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End-to-end Financial Forecasts with visual reports with detailed charts as to future expenditures & incomes.
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Reduction in total cost of operations across all departments
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Quick & rigorous implementation of Enterprise processes, that led to increased scalability of the financial infrastructure.
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Reduction of Fixed & Up-front expenditure on financial data management.
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Improved decision making, governance and understanding of financial data management.
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Consistent user experience due to better financial forecasts and clarity of financial decision making.
