Reconciliation of Tax credits
in books with Government
records not done timely,
impacting cash flows and
profits
|
End to end Tax credit
reconciliations for the entire group
outsourced to us, including
obtaining data from various BU’s,
reconciling data, follow-up with
vendors, informing client of
actions taken and publishing
periodic MIS |
-
Freeing up capacity (Savings in manpower)
-
Timeliness of reconciliation
-
Cash flow improvement
-
Prevention of tax credit Loss
|
India Entry Strategy- Italian
MNC wanting to enter
Indian market
|
Comprehensive strategy
developed for India entry including
but not limited to deciding plant
location, recruiting manpower,
establishing vendor base, supply
chain, setting up Finance and
Compliance departments
|
-
One stop solution for establishing presence in India
-
Allowed client to focus on business development
-
Huge reduction in “go to market” time
|
Inventory Management –
heavy losses due to
obsolete inventory, stock
shortages, higher cost of
buying for emergency
purchases due to stock
inaccuracies |
Study of existing system to identify
design and process gaps. Redesign
supply chain and storage.
Implementing rigorous checks and
balances |
-
Reduction of inventory levels by 25%
-
Improvement of EBIT levels
-
Better pricing from vendors due to certainty of supply chain
|