Process Backlog Monitoring Tool, Service Controlling

Financial Operations

01 Dec, 2023

Innovation

Automation

Inventory Valuation

Backlog Monitoring Tool

Market

Global

SERVICE LINE

Corporate Functions

IMPLEMENTATION PERIOD

2023

KEYWORDS

Process Backlog Monitoring Tool, Financials Reporting, Performance Reporting

SPIRIT BEHAVIOURS

Create the Future

We developed our process backlog monitoring tool to ensure accurate reporting of financials. Before that, we tracked and maintained these backlogs of unprocessed items through PPT. Now, the new automation tool helps manage backlogs in a better-structured format, providing the benefits of seamless governance, accurate financial reporting, and a more presentable visualized summary.

Challenges and Solutions

Challenges

Backlogs are unprocessed items that need close tracking to ensure accurate reporting of Financials. We previously used PPT, so there was a need for Backlog report automation with a more structured format for better and less subjective governance.

Solutions

The performance reporting team (PRT) developed an innovative in-house tool for end-to-end visibility of backlogs in a standard format across all the processes collated in one place.

Value and Impact

The tool gives seamless governance with complete and accurate reporting.

A visualised summary is directly presented to the leadership team.

Less time spent on creating reports.

Italy New TAX code

Our commitment to customer care extends to ensuring a seamless experience when managing invoices and taxes. We understand the importance of these financial aspects and strive to simplify and facilitate the process for our valued customers.

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| 01 Dec, 2023

Month-End Close Acceleration

We have an uncompromising commitment to deliver data promptly to ensure our business success and enable better decision-machining.

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Trade Tax Allocation Process Improvement, Tax

The complicated workflow of the German Trade Tax allocation process was resource intensive. Each item of the pending items open list required manual allocation of details. We automated the allocation process to make it easy. The automation process improvement helped us in the timely preparation of prompts and reports of the tax payments, making the whole process simpler and faster.

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Process Backlog Monitoring Tool, Service Controlling

Financial Operations

Process Backlog Monitoring Tool, Service Controlling

01 Dec, 2023

Innovation

Automation

Inventory Valuation

Backlog Monitoring Tool

Market

Global

SERVICE LINE

Corporate Functions

IMPLEMENTATION PERIOD

2023

KEYWORDS

Process Backlog Monitoring Tool, Financials Reporting, Performance Reporting

SPIRIT BEHAVIOURS

Create the Future

Challenges and Solutions

Challenges

Solutions

The performance reporting team (PRT) developed an innovative in-house tool for end-to-end visibility of backlogs in a standard format across all the processes collated in one place.

Value and Impact

The tool gives seamless governance with complete and accurate reporting.

A visualised summary is directly presented to the leadership team.

Less time spent on creating reports.

Italy New TAX code

Financial Operations

| 01 Dec, 2023

Month-End Close Acceleration

We have an uncompromising commitment to deliver data promptly to ensure our business success and enable better decision-machining.

Financial Operations

| 01 Dec, 2023