Better Strategic Planning through Financial Data Integration

Scenario

Our Client had multiple legacy systems to manage the financial transactions and reports. Major issues included:

• The legacy systems were poorly interconnected and contained too many manual processes. These led to on-going data synchronization issues.

• Strategic planning was hampered by the resulting poor data quality.

• Customer requests for reports on credits and debits for their account were difficult and time-consuming to create.

AWT studied the issues with the Client and offered the solution of automating and synchronizing the financial data and reports.

Solution Offered

• Financial Force was integrated with Salesforce CR.

• Financial Force was customized to meet the organizations specific needs.

• Customized quotes were built that provides real time data for the user based on their request.

• An application was developed to handle all the credit and debit of the customers and provide them a summary on all their transactions based on the requested date range.

Business Benefits

• Improved data quality by 50%, improved productivity by 30%.

• Multiple legacy systems are integrated.

• Manual operations are eliminated which ensures operations are done quickly and without errors.

• Effective reporting system is created which provides real time visibility on financial data and supports taking the quick and accurate strategic planning

• Effective reporting system is created which provides real time visibility on financial data and supports quick and accurate strategic planning.

• Administrative overheads are reduced due to elimination of manual work.