The Background
One of the large construction companies in India, with a turnover of USD 190 Million this year. They are in transition, moving on to Oracle ERP, and have to manage their accounts on both Legacy as well the new ERP for their group companies till migration is complete.
The Engagement
StruFin has been working with Company Management to help them transition smoothly from Legacy to the new ERP, leveraging the team’s expertise in Oracle ERP as well as traditional accounting systems.
StruFin was engaged by Company to transition 3 of their group companies to Oracle ERP within a challenging timeframe to meet their board commitments
The Challenge
Even though the Client SMEs were hard-pressed for time, the StruFin team had to start work on migrating the Legacy accounts data to Oracle since the deadline was short. It required good knowledge of Oracle ERP (Fin& Acc) to be able to work with minimal inputs from the Client side. Also, it required the StruFin team to learn the Legacy system (in-house developed) quickly so that any potential issues could be avoided, and all open items could be transferred properly.
The Result
The StruFin team of two professionals worked swiftly to migrate the entire accounts of three of their group companies within three weeks. The complete migration was done without a single error, and signed off on the first presentation.
The team worked on-site, with the project being reviewed and managed remotely from the HQ in Pune.
Project Learning
The StruFin team gained expertise on the accounting intricacies of the Real Estate industry, especially vis-à-vis Oracle implementation.
It re-confirmed our belief that it pays well to be prepared beforehand to minimize potential issues and deliver on stringent deadlines.
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