Streamlining business processes to increase efficiency – Leading Medical Devices Manufacturing Organization
Problem
- Monitoring investments and costs incurred accurately across various sites, for Global and Regional Projects / Initiatives
- Streamlining processes across the organization so that Finance team can obtain required metrics on spend, have clear visibility and traceability
- Supporting multi site, multi location / region, multi country, multi currency and localization requirements
- Eliminating all manual efforts needed for consolidation
- Providing visibility and cost appropriation for each project across sites
Action
- A secure online portal architected using latest digital technologies
- Standardized processes for all users across the organization
- Master Data Management to eliminate duplication and provide consistency
- Monitor, Manage and Track resources spent by each individual on the projects that are assigned to them
- Well Defined Dashboards and drilldowns to provide visibility to the leadership team
- Automation and digitization to increase resource productivity
KPI's
66%
Increased Quality
87%
Increased Savings
78%
Reduced Manual Efforts
