Transforming Accounting Systems with Automation & Cloud Technologies

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

100%

Accuracy on contract revenues

4Hrs

Reduction in report generation time

Contact

TCS is here to make a difference through technology.

We’re in it for good, driving positive change for the benefit of all.

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

TCS is here to make a difference through technology.

We’re in it for good, driving positive change for the benefit of all.

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

Winning with future-ready ERP platform

Challenge

Gilbarco Veeder-Root wanted to transform the decision-making process with real-time data.

Solution

TCS leverages Microsoft Dynamics 365 to lead transformation at Gilbarco Veeder-Root.

Benefits

TCS drives process integration and financial visibility at Gilbarco Veeder-Root.

Statistics

TCS is here to make a difference through technology.

We’re in it for good, driving positive change for the benefit of all.

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

Challenge

Gilbarco Veeder-Root wanted to transform the decision-making process with real-time data.

Solution

TCS leverages Microsoft Dynamics 365 to lead transformation at Gilbarco Veeder-Root.

Benefits

TCS drives process integration and financial visibility at Gilbarco Veeder-Root.

Statistics

Related reading

Accessibility Adjustments