Industries
High Tech
High Tech Solutions to Drive Business Transformation through Technology
Highlights
- One of India’s largest electronics manufacturing services companies wanted an integrated and flexible ERP solution to accelerate its Industry 4.0 transformation.
- The client aimed to transform their processes by introducing automation, increasing business process agility, and enhancing decision-making with faster time to market.
- TCS helped the client switch to SAP S/4HANA by leveraging its industry process expertise, best practices, proprietary tools, and services to accelerate time to market.
Challenge
The client wanted to migrate to SAP S/4HANA to accelerate time-to-market, boost the generation of critical business reports for smarter decision-making, and slash operational costs.
Upgrading to an enhanced version of SAP technology would assist in streamlining and standardizing processes, reducing manual work, and improving reporting accuracy.
To promote digital innovation, the client sought to simplify and transform its business processes and data to S/4HANA. This would enable better integration and create an ecosystem of applications that would deliver quantifiable benefits to existing processes. By automating tax and reconciliation processes, monitoring inventory in real-time, and generating profitability reports, they wanted to elevate budgeting and forecasting.
Solution
TCS modernized the client’s legacy ERP landscape with a smooth greenfield implementation of S/4HANA to transform data and business processes.
TCS brought its contextual knowledge to add value at every stage of this process right from onset through go-live and subsequently hyper-care.
Utilizing the TCS Transformation Delivery Method (TDM) and integrating reusable assets, the client significantly enhanced their customer experience and improved their business operations. This resulted in the elimination of manual reconciliation across various business functions, increased accuracy in customs duty inventory, and a reduction in month-end cycle time.
SAP S/4HANA was used to transform several modules, including e-invoice and e-billing, daily sales reports to customers, invoice sending to customers via email, GST auto posting in invoices, and foreign currency revaluation.
These transformations have significantly improved the efficiency and effectiveness of the invoicing process, enabling more accurate and timely reporting to customers.
With the integration of electronic invoicing, waybills, and automatic posting of Goods and Services Tax (GST), the client was able to minimize errors and streamline the entire process. The ability to revalue foreign currencies ensured that financial reporting was accurate and up to date.
Benefits
The client enhanced their customer experience, diminished manual process errors, and expedited their time-to-market by automating processes.
The automation helped the client to improve the quality of accuracy, interdepartmental communication, inventory management, and duty inventory.
- Simplified ERP architecture to reduce total cost of ownership.
- Improved business performance with real-time shop floor analytics.
- Elevated user experience in invoicing and billing.
- Accelerated time to market with real-time insights across business units.
- Automated manual operations and established a single source of ERP data.
- Enhanced visibility and traceability of stocks to ensure on-time delivery.
- Eliminated manual bank reconciliation process with automation.
- Ensured the integrity of financial and inventory data to reduce auditing costs.
What the Client Says
TCS delivered an integrated, scalable, and flexible enterprise solution by implementing SAP S/4HANA catered to business needs. With its industry expertise, use of best practices, and geographical exposure, TCS addressed our pain points and implemented solutions that delivered the expected business outcomes.
