Skip to content
SPEC INDIA

SPEC INDIA

Request a Quote
Menu
  • Services
      • Custom Software Development
      • Enterprise Mobility
      • Technology Consulting
      • Business Intelligence & Analytics
      • On-Demand Team
      • Product Engineering
      • Legacy Application Modernization
      • Software Testing & QA
      • SLA Driven 24/7 Support
  • Technology
      • .NET core
      • ASP.NET
      • Java
      • Power BI
      • Tableau
      • Pentaho
      • DevOps
      • IoT
      • Beacons
      • Fullstack
      • MEAN Stack
      • React
      • AngularJS
      • NodeJS
      • VueJS
      • Kotlin
      • Swift
      • React Native
      • Flutter
      • Python
      • ML
      • Big Data
      • Salesforce
      • R
      • AI
      • Azure
      • AWS
    • Our Innovation

      Hire highly-skilled on-demand teams to build sustainable, secure, and strategic digital solutions.

      Let's Connect
  • Industries
      • Retail & FMCG
      • Healthcare
      • Supply Chain & Logistics
      • Education
      • Manufacturing
      • Advertising
      • Travel & Hospitality
      • Media & Entertainment
      • Energy & Utilities
      • BFSI
  • Business Solutions
      • Custom Mobile ERP
      • Mobile Sales Force Automation (SFA)
      • Enterprise CRM
      • Warehouse Management System
      • Enterprise Service & Maintenance Solution
      • Vehicle Tracking System
      • Help Desk Management System
      • Laundry Management System
      • Spot Billing System
  • Our Work
    • Case Study
      Live BI Visualization
      Portfolio
  • Company
      • Overview
      • Quality Policy
      • GDPR
      • Testimonials
      • Life @ SPEC
      • CSR
      • Events & News
      • Engagement Models
      • Project Execution Models
      • Contact Us
      • Career
      • Blog
CLOSE

BI And Analytics Solution For Finance Module

SPEC INDIA/Case Study/BI And Analytics Solution For Finance Module

About the Customer

Industry: Sales & Distribution

The client is a solution provider for route accounting, asset tracking, inventory control etc. It is a manufacturing B2B organization, based in Riyadh, Saudi Arabia. It has its own product range that includes fruit juices, processed milk, and milk products etc. They manage the sales and distribution of products inclusive of all major processes like sales, promotion, invoicing, and product return etc.

About_BI_Analytics_Solution_For_Finance_Module

Key Challenges

There is a large chunk of data that gets generated, owing to the huge invoice cycles. The client wishes to calculate the following, which come up as a challenge:

  • Bucket oriented information – calculation of time frame for customers who have a 30-day credit limit and a particular time frame after that. If they miss this time frame, the calculation will be done in the next collection cycle.
  • Calculation of ageing details (amount not paid since ageing period) – salesman wise, channel-wise and consolidated summary
  • Sales v/s collection status
  • Maintenance of collection bucket based on customers
  • Maintenance of collection information based on salesmen, sales channels, and collection mode (cash/credit) for all transactional data
BI_Analytics_Solution_For_Finance_Module_Challenges

Our Solution

Looking at the challenges of the client, SPEC INDIA helped by offering them a comprehensive BI solution that helps them grow and track their business effectively. The solution was simplistic to analyze and helped the client to explore data. Our solution was based on Power BI as the main technology and showcased the following features:

  • Creation of Collection Calendar

We created a collection calendar from the sales and collection transactional data, creating a separate time frame bucket to meet the client’s requirement. We leveraged the SSAS technology to implement this solution.

  • Timely Customers’ Collection

Using SSIS, we are maintaining the transaction type data. This is to identify sales and collection data to identify if customers’ collection is done in the stipulated time or not. It also shows how many aging and due bills are pending, with different parameters.

  • Report Generation in Power BI

We are extracting the data from the main SQL transactional database using SSIS and SSAS. The data then gets loaded in Power BI and a variety of useful reports get generated.

BI_Analytics_Solution_For_Finance_Module

Tools & Technologies

BI_Analytics_Solution_For_Finance_Module_Tools

Business Benefits

  • Effective and well-optimized reports with rich graphical displays
  • Details of collection for a time bucket
  • Optimal business decision making using a comparison of yearly data-driven visualization
  • Salesmen wise, channel-wise and customer wise collection data with yearly data-driven visualization
  • Focus on a particular salesmen/channel/customer whose collection is low in a particular time frame, to fasten collection process
  • Highest and lowest collection payment details of customers, identifying focus areas to attain more customer satisfaction
  • Yearly sales and collection visualization to have better business growth

Contact Now

    Please prove you are human by selecting the Key.

    Safe & Confidential

    INDIA

    “SPEC House”, Parth Complex, Near Swastik Cross Roads, Navarangpura, Ahmedabad 380009, INDIA.

    +91-79-26404031, 32, 33, 34

    [email protected]

    USA

    “SPEC Partner", 350 Grove Street, Bridgewater, NJ 08807, United States.

    +1 908-450-9862

    [email protected]
    Goodfirms_Logo Top_BI_Big_Data_Consultants_2020 top_mobile_app_developers_india_2020 Top-Custom-Software To-Software-Development-Company Top-Web-Design-Company top-software-developers

    Services

    • Custom Software Development
    • Enterprise Mobility
    • Business Intelligence And Analytics
    • Web Application Development
    • Mobile App Development
    • UI / UX Design
    • Technology Consulting
    • Cloud Deployment
    • DevOps

    Quick Links

    • Blog
    • Career
    • News
    • Life @ SPEC
    • Case Study
    • Newsletter
    • Contact Us
    • Sitemap
    • Privacy Policy
    • Terms of Use
    • Tech in 200 Words

    © 2022 SPEC INDIA. All Rights Reserved.

    DMCA.com Protection Status

    Request a Quote

      .doc, .docx, .pdf, .xls, .xlsx, .jpg and .png files with 5MB size allowed.

      Please prove you are human by selecting the Star.

      Safe & Confidential
      We use cookies to enhance your user experience. By continuing to browse, you hereby agree to the use of cookies.
      To know more; visit our Privacy Policy & Cookies PolicyAccept and Close
      Privacy & Cookies Policy

      Privacy Overview

      This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
      Necessary
      Always Enabled
      Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
      Non-necessary
      Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
      SAVE & ACCEPT