SERVICES

Finance Diagnostics, Finance Processes and Policy Design
  • Diagnostics of Finance function assessing the maturity of different processes based on best practices, identifying gaps, improvement opportunities and designing implementation roadmap.
  • Design of finance processes and policy manual in the areas such as Cash Management, Financial Close (Sub-ledger and GL close), Governance of GL, Fixed Asset Accounting and Valuation.
Management Reporting, Financial Performance Management Framework, Financial Consolidation, Cost Allocation Frameworks, Chart of Accounts Design/Re-Design
  • Design of Management Reporting Frameworks
  • Implementation of best practice design principles for Financial Consolidation
  • Design of Financial Reporting framework based on IFRS requirements
  • Design of Cost Allocation frameworks
  • Chart of Accounts design to reflect internal and external reporting requirements, segment reporting considerations
  • Automation of processes through systems such as IBM Cognos, Oracle Hyperion, SAP
Strategic Planning, Budgeting and Forecasting
  • Implementation of best practice Planning and Budgeting processes including scenario/what-if analysis, planning guidelines, assumptions, driver based planning, allocations
  • Identifying improvement opportunities in current Planning and Budgeting processes
  • Automation of processes through systems such as IBM Cognos, Oracle Hyperion, SAP
Financial Performance Analysis
  • P&L, Balance Sheet and Cash Flow analysis
  • Evaluate trends and key financial ratios
  • Compare financial performance indicators against industry benchmarks
  • Recommend improvement areas to increase working capital efficiencies
Finance System Implementations and Quality Assurance
  • Implementation of Financial Performance Management systems:
    • IBM Planning Analytics
    • IBM Cognos Controller
    • Oracle Hyperion Financial Management
    • Oracle Hyperion Planning
  • Quality Assurance of ERP Implementations (Oracle, SAP)
IFRS Conversions Finance Process and System Impact
  • Advise the changes required in Finance policy and processes due to changes in IFRS requirements
  • Assessing the impact of changes in IFRS requirements on the Finance systems – ERP and Reporting systems
Business Requirements Definition, Drafting RFP and System/Vendor Evaluation
  • Drafting RFPs to include business and system requirements
  • Evaluation of multiple technology systems/vendors and recommend the one that best fits the business requirements
VAT Implementation
  • Plan & Analyze, design & implement, test, train, register, file VAT return & fine tuning practiced
Driving Transformation and High Impact Business Outcomes with Service-Based Portfolio Using the depth and breadth of our portfolio of service offers, we can help you assess, architect, deploy, and manage your analytic ecosystem – that’s 1direction-global. Our consultants combine business acumen, data science, and deep technical skills and experience to guide you through every step of the analytics lifecycle, helping you innovate with advanced analytics—including Artificial Intelligence (AI), Machine and Deep Learning—and deliver high-impact business outcomes. Advise & Architect Assess and define how to systemically improve analytic capabilities across the enterprise and how to maximize actionable insights to help solve your toughest business challenges. Design & Implement Design and build an analytics ecosystem to advance capabilities and produce faster time-to-value by leveraging our industry blueprints and service accelerators for long-term success. Optimize & Manage Let us optimize and support your essential data and analytics platforms, while working with you to build your own team of experts over time.

Our IT leaders organize your IT operations and projects to enable maximum efficiency and growth for your business. We offer strategic project management, IT consulting, and development services.

We offer training both classroom & virtual across roles in the areas of Business Analytics, Technology and Consulting.

ACHIEVEMENTS WITH CLIENTS

1. Dairy Industry

  • Through process automation, saved time by 30% allocating cost at the customer & product level
  • Trend-based system generated budget/forecast data reduced manual work by 75%
  • Integrated planning & forecasting solutions saving 50% time in analysing data

2. Conglomerate Holding Company

  • Financial closing cycle- time span reduced by 15 days
  • 40% faster monthly, quarterly and annually close & consolidation
  • 100% real-time Financial Reporting to management
  • Manual processes for group consolidation have been decreased by 30%
  • Cashflow & various ratios are now updated automatically thereby reducing reporting time by 50%

3. Banking Sector

  • Managers can compare multiple bank reports in single report reducing time by 60%.
  • Reduce operational expenses by implementing the automation process by 15 %
  • Manual process has been decreased by 30%

4. Transportation Sector

  • Automized Financial Reporting direct connects with Database reducing 30% time for reporting.
  • Operation KPI’s helps to take instant decisions to improve ROI.
  • Cost & Revenue Budget process linked with Financial Reporting increased 20% efficiency

5. Beverage Sector

  • Recipe based RM/PM costing helped to purchase bulk quantity to save the cost.
  • Auto Concentration Mix formula setup on the basis of Dilution Ratio with Syrup in Litre to build various flavours for accurate RM/PM costing
  • Provide OPEX Cost Breakup sheet for Business users with auto allocation on basis of various drivers for detail breakdown specific cost element

6. Ministry (NGO’s)

  • Real time update NGO’s survey Reports on various KPI’s on various parameters region wise
  • NGO’s performance on various parameters identified through dashboards.

7. Insurance Sector

  • All Report schedules performance rapidly increased by 55%
  • Integrated All Department reports into a single server where the server performance increased by 40%
  • Runtime report time reduced from 75% after upgradation from Cognos 10 to Cognos 11 with performance tuning