Challenge
The client’s numerous franchises lack cohesive financial management and IT infrastructure, resulting in major problems during financial analysis, business forecasting, and expense management. The absence of analytics engines and a centralized data management system makes it difficult to identify key performance indicators and make informed business decisions.
The Solution
- Initialization: SynergieGlobal team captured and analyzed the project scope, which included business and technical requirements.
- Implementation: During the design and development of the analytics engine in Agile mode, the team collaborated with the client’s key stakeholders.
- Handoff: The SynergieGlobal team verified the end-to-end capability and delivered it to the client.
Results & Benefits
- The capability not only allowed the client to save time during financial analysis, but it also detected invalid business expenses, thereby improving the client’s business profit.
- The analytics capability enabled the client team to make data-driven business decisions aimed at improving sales and reducing expenses.