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Digitization is crucial

By Niranjan Mudholkar,

Added 01 February 2017

Dinesh Nandan Jain, Group CFO, Vikas Group, explains how Infor software implementation has helped his organisation in this journey

How easy or difficult was the implementation of the above solution/s?
Initially, we were faced with a few difficulties related to change of management, initial master setup and reporting. When we started, we were receiving monthly financial and reconciliation reports usually by end of the following month but gradually it improved due to standardization of SOP/Practice.

With time, we were receiving reports on 10th of every month. Sanden Implementation has given lots of learning and "Know How" of ERP implementation and Practice.  This has helped us during deploying the Infor solution in Pranav Vikas; the entire implementation and user acceptance on Infor LN FP7 in Pranav Vikas took only 6 month for all 3 manufacturing plants. This implementation also helped further streamline the Sanden ERP practice which helped shift financial reporting from 10th to 3rd of the month.

What tangible benefits have you derived through the above implementation?
We have successfully achieved user-independent and system-generated reporting. We now have single practice across all plants and operation. Setting up of new plants and establishments takes very less time now and there is clear visibility on entire operation/reports. We can now maintain single truth of information from bottom to top or top to bottom and focus more on analysis instead of keying in manual data. We realize digitization is crucial for every organization and with the Infor software implementation; we are enabled with automation of material and production planning which gives us a competitive edge.

How will it benefit your customers?
We are happy to share that customer dispatch failure is zero after implementation of Infor. Due to minimum setup time of the ERP solution, we are capable of setting up our sales offices/warehouse in very less time (short notice of customer) compared to any of our customers' business partners. We have been able to help customers in implementation of JIT/KANBAN. Apart from this, the solution helps in quality improvements, response time on new product development, financial settlements, bank reconciliations and product tracking to child level.

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