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SREI Infrastructure Finance Ltd : Integrating Finance Processes
An ERP implementation by a non-banking finance company to track and manage new projects along with a complete financial overview
Tuesday, May 06, 2008
SREI is an infrastructure equipment, infrastructure project, and renewable
energy financing company. Headquartered in Kolkata, with a turnover of more than
Rs 1,500 crore, it operates across the country with a network of 32 branches.
Prior to implementing MS Dynamics AX, the company's systems comprised of COMPAQ
ProLiant 5500 and Xeon 550 MHz processor running an in-house application called
FINIX. This was the key line-of-business application. However, when implementing
Oracle Financials on top of these legacy apps, the company realized that the
solution was more complex than they had anticipated and so they went for a
complete ERP solution to manage their day-to-day business processes. Initially,
they deployed Microsoft AX to manage fund flow and real-time flow of
information, and monitor asset liability. The accounts receivable and accounts
payable modules were customized later to include new functionality to address
asset financing, hire-purchase, lease, and loans. The deployment of Microsoft AX
has automated the entire sales process within the company. When entering sales
orders, the system automatically checks credit limits, customer account
information, pricing agreements, and inventory levels to provide customers with
real-time information.
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Project Specs |
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Project Head: D K Vyas, COO
Deployment Location:
Pan India
Intended audience:
All employees
Tech Used:
Hardware: IBM X225-8647 INS-HOTSWAP Model dual processor single Intel
Xeon 2.8 GHz processor
Software: Microsoft Dynamics AX
Project Impact: In the last six
months, SREI has increased project flow by 15% and improved productivity by
15%.
Implementation
Partner
Sanjeev Dewan, EuroInfo Systems |
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