Winning with future-ready ERP platform
TCS leads process harmonization at Gilbarco Veeder-Root with new cloud-based ERP platform.
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Challenge
Gilbarco Veeder-Root wanted to transform the decision-making process with real-time data.
Gilbarco Veeder-Root (GVR), a leading fueling solutions and EV charger manufacturer, wanted to address its dependence on third-party data service provider for reporting and financial accounting that was impacting productivity. Looking to empower its employees with new processes and tools, the company needed to embark on digital transformation and move to a future-ready platform. It planned a cloud solution that would run all operations, such as finance, sales, and accounting, in an integrated mode with improved systematic processes, enhanced checks and balances, and better revenue assurance.
Solution
TCS leverages Microsoft Dynamics 365 to lead transformation at Gilbarco Veeder-Root.
Working as a strategic partner with Gilbarco Veeder-Root, TCS developed a deep understanding of its investments into technology landscape and recommended a solution based on Microsoft Dynamics 365 Business Central as an ERP platform. TCS adopted an accelerated roll out approach and implemented a cloud solution harmonizing core finance processes across GVR. The Microsoft ERP solution deployed by the TCS team brought about the required digital transformation at the enterprises and enhanced financial visibility.
Besides introducing automation in accounting, Microsoft Dynamics 365 Business Central helped GVR make informed decisions using connected data across finance and accounting, sales, purchasing, and inventory. The new ERP platform ensured revenue assurance, accelerated sales process, and brought about a distinct acceleration in financial reporting with accurate and streamlined reports during month-end finance reconciliation.
The TCS team also identified other avenues to optimize productivity and efficiencies and planned subsequent future deployments for GVR in the APAC region, Western Europe, and the Baltics.
"This was by far the smoothest ERP go-live project I have ever seen." - Martina Schoultz, CIO, Gilbarco Veeder-Root Global
Benefits
TCS drives process integration and financial visibility at Gilbarco Veeder-Root.
TCS deployed a Microsoft ERP platform for GVR that introduced automated workflows and created a centralized location for easy access to data for communication and decision making.
- Enhanced consolidation capabilities and work sequencing.
- Faster reconciliation of books of accounts
- Improvement in regulatory compliance
Statistics
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100%
Accuracy on contract revenues
4Hrs
Reduction in report generation time
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