SlideShare a Scribd company logo
1 of 5
Download to read offline
Case study :
Invoicing andContract
Management System
Copyright © 2014. SOD Technologies Pvt Ltd
Business Flexibility
With SODTech Open source ERP
iDempiere is an excellent tool for management.
“SODTECH has developed a fully customized Contract Management Module in iDempiere ERP
for us and it has brought great flexibility and efficiency for our business.”
Balkishan Chandak,
CFO, ARAMARK
,
Copyright © 2014.SOD Technologies Pvt Ltd
ARAMARK is a leader in professional services, providing award-winning food services, facilities
management and uniform and career apparel to health care institutions, universities and
schools, districts, stadiums and arenas, and businesses around the world. In addition to its
significant presence in the US. ARAMARK also serves customers in 21 other countries around
the world. ARAMARK seeks to responsibly address issues that matter to its clients, customers,
employees and communities by focusing on employee advocacy, environmental
stewardship. health and wellness, and community involvement.
ARAMARK entered India in 2007. and currently is focused on Integrated Facility Management
with expanding focus in Manufacturing & Engineering services and Healthcare sectors.
Headquartered in Mumbai. it has 1800+ employees: it is mainly focused in Western, Southern
and North India.
ARAMARK India has decided to implement an Invoicing and contract Management System to
integrate all contract management functions of the organization and has approached SOD
Technologies. Cochin to implement Invoicing and Contract Management module of
iDempiere ERP as their contract management application. To automate. integrate the
Invoicing and Contract Management operations of the organization using iDempiere ERP.
Aramark signs a contract for services it provides to a client. The contract can include one or
multiple services with various billing natures and can be for one site or can have multiple
sites.
Renewal of the contract should be intimated to the Client. There is no particular system or
alerts procedure for keeping track of contracts near to expiry. User has to manually check for
the contracts getting expired periodically. When a contract is renewed the changes are
maintained separately, new cost sheets are prepared if the rates are changed. This posed a
tedious task for the team to manage the renewal process and having to maintain a new
spread sheet caused data duplicity.
The Challenge
Copyright © 2014.SOD Technologies Pvt Ltd
The current process for handling contract is manual. ie, contract details are not captured to
the system. Contract details have to be referred while preparing invoices periodically.
Calculation sheets are maintained in excel and used every month for calculating amounts for
various services based on the billing types.
As the business grew it became more and more a tedious task for the employees to manage
the contracts. The existing system was not able to cope to the growing needs and the Client
wanted to have a dedicated system to manage the Contract announcement and the work
distribution for their business. They were having an existing system for managing most of
their activities but had little control over the contracts.
As there was no such feature available by default in iDempiere, SODTECH team had to start
developing the particular module from the scratch and our team dd a detailed requirement
gathering and froze the scope before the development. Client business is spread over wide
range of industries and catered for diverse services like food and refreshments, facilities
management, lodging and accommodation, clean room services, etc. So the final system had
to be planned to meet diverse functionality under each contract.
Another problem was since Aramark's services spanned over wide range of industries it was
really hard for the administrator to keep track of the services offered as per the contract.
For example there can be a lot of Client facilities and services offered under each contract.
Under a single contract there would be multiple service and billing types. Many groups within
a company need to access contracts or contract information.
In addition there will be lot of sites and the site admin has to update the attendance from
each of the site which has to be fed to the main system. There are several types of billing
system for all the services offered and for contracts or services based on man hour calculation
it was difficult for the site admin to update the information manually and send it to the
accounts department for calculating the wages.
Though many of these contracts contain clauses, terms, conditions, commitments and
milestones that need to be tracked and managed over the contract's life to maximize
business benefits and minimize associated costs or risks, most organizations never actively
manage their contracts during the agreement period. Contracts are archived away in
departmental filling cabinets never to be reviewed again until a problem arises or the
contract has already expired.
Copyright © 2014.SOD Technologies Pvt Ltd
iDempiere Contract Management Module wit Centre all the details of signed Contract with
all the detail to automate the invoicing process Wren a user prepares a Performance invoice
each invoice line created against a resource or service type wilt be validated as per the
agreed contract. The new system will also support attachments of the copy of contact files
either to the file system or to the database.
With the introduction of the iDempiere ERP system for managing the Contract activities it
became altogether easier for the site admin to report and update the system with the daily
attendance chart and update the same to the main system automatically so that the
assigned person from the accounts department will get all the required information at the
tip of his fingers for easy wage calculation. Overall ERP Software has helped company to
streamline its operations and manage it from a Central Location. The information from
Operations required by the decision makers was available to them at their fingertips.
Consistent relevant interactions across channels have been made possible with the
introduction of iDempiere ERP.
Our advanced Contract Management covers enhanced functionality around service
contracts and the whole life-cycle of a contract with processes of contract offering.
Contract execution and contract maintenance. With the introduction of the iDempiere ERP
the entire workflow has been automated like Automation of contract activation processing.
Master contract templates marketing integration for contract renewal process. Offering the
necessary information in a smart way enables resource planners to plan and react
accordingly. The software helped the company manage their operations better by quickly
providing the vital information and analytics to the Senior and Top Management Better
control on the existing business and new prospects helped the client improve the
coordination between the accounts and site management
SODTECH has been a long term iDempiere implementer. deploying global ERP applications
in complex multinational SODTECH proposed iDempiere ERP. an open source solution which
is not tied by any licensing cost for functional changes or version upgrade. The solution
provided is a web based portal so that the data can be accessed from any place anytime by
the management.
The Solution
Solution Summary
www.sodtechnologies.com
G Floor, Athulya Infopark, Kakkanad, Cochin-682 030, Kerala, India

More Related Content

What's hot

Final PPT of Aryans Journey
Final PPT of Aryans JourneyFinal PPT of Aryans Journey
Final PPT of Aryans JourneyDurgesh Shukla
 
Intelliob TimeMate: Time & Attendance
Intelliob TimeMate: Time & AttendanceIntelliob TimeMate: Time & Attendance
Intelliob TimeMate: Time & AttendanceIntelliob Technologies
 
Ascent Payroll Presentation
Ascent Payroll PresentationAscent Payroll Presentation
Ascent Payroll Presentationsalvepatilquick
 
Equipment Solution Footprint
Equipment Solution Footprint Equipment Solution Footprint
Equipment Solution Footprint Merino Services
 
Eviska Presentation - with WETOS
Eviska Presentation - with WETOSEviska Presentation - with WETOS
Eviska Presentation - with WETOSRatnakar R Kulkarni
 
Merino Service for the Aerospace and Defense Industry
Merino Service for the Aerospace and Defense IndustryMerino Service for the Aerospace and Defense Industry
Merino Service for the Aerospace and Defense IndustryKavyaJoshi11
 
About Merino Industries And Their Various Services
About Merino Industries And Their Various Services About Merino Industries And Their Various Services
About Merino Industries And Their Various Services KavyaJoshi11
 
How Can Merino Experts Help You Grow Your Business?
How Can Merino Experts Help You Grow Your Business?How Can Merino Experts Help You Grow Your Business?
How Can Merino Experts Help You Grow Your Business?KavyaJoshi11
 
Payroll software islamabad
Payroll software islamabadPayroll software islamabad
Payroll software islamabadfatimaesolpk
 
Working With ComputerTel - Darius Farrell
Working With ComputerTel - Darius FarrellWorking With ComputerTel - Darius Farrell
Working With ComputerTel - Darius FarrellDarius Farrell
 
Telecom Customer Experience Management - An Analytical Approach for Simplific...
Telecom Customer Experience Management - An Analytical Approach for Simplific...Telecom Customer Experience Management - An Analytical Approach for Simplific...
Telecom Customer Experience Management - An Analytical Approach for Simplific...Communications 2025
 
8 Minut Presentation final
8 Minut Presentation final8 Minut Presentation final
8 Minut Presentation finalK S GOUD
 

What's hot (20)

Esop Guardian Presentation
Esop Guardian PresentationEsop Guardian Presentation
Esop Guardian Presentation
 
Final PPT of Aryans Journey
Final PPT of Aryans JourneyFinal PPT of Aryans Journey
Final PPT of Aryans Journey
 
iAdmin_Brochure_new
iAdmin_Brochure_newiAdmin_Brochure_new
iAdmin_Brochure_new
 
Intelliob TimeMate: Time & Attendance
Intelliob TimeMate: Time & AttendanceIntelliob TimeMate: Time & Attendance
Intelliob TimeMate: Time & Attendance
 
Ascent Payroll Presentation
Ascent Payroll PresentationAscent Payroll Presentation
Ascent Payroll Presentation
 
Equipment Solution Footprint
Equipment Solution Footprint Equipment Solution Footprint
Equipment Solution Footprint
 
eFACiLiTY Time and Attendance System
eFACiLiTY Time and Attendance SystemeFACiLiTY Time and Attendance System
eFACiLiTY Time and Attendance System
 
Eviska Presentation - with WETOS
Eviska Presentation - with WETOSEviska Presentation - with WETOS
Eviska Presentation - with WETOS
 
Serko Incharge Overview
Serko Incharge OverviewSerko Incharge Overview
Serko Incharge Overview
 
Company Profile Doc 1
Company Profile Doc 1Company Profile Doc 1
Company Profile Doc 1
 
Merino Service for the Aerospace and Defense Industry
Merino Service for the Aerospace and Defense IndustryMerino Service for the Aerospace and Defense Industry
Merino Service for the Aerospace and Defense Industry
 
About Merino Industries And Their Various Services
About Merino Industries And Their Various Services About Merino Industries And Their Various Services
About Merino Industries And Their Various Services
 
How Can Merino Experts Help You Grow Your Business?
How Can Merino Experts Help You Grow Your Business?How Can Merino Experts Help You Grow Your Business?
How Can Merino Experts Help You Grow Your Business?
 
Payroll software islamabad
Payroll software islamabadPayroll software islamabad
Payroll software islamabad
 
Working With ComputerTel - Darius Farrell
Working With ComputerTel - Darius FarrellWorking With ComputerTel - Darius Farrell
Working With ComputerTel - Darius Farrell
 
Telecom Customer Experience Management - An Analytical Approach for Simplific...
Telecom Customer Experience Management - An Analytical Approach for Simplific...Telecom Customer Experience Management - An Analytical Approach for Simplific...
Telecom Customer Experience Management - An Analytical Approach for Simplific...
 
8 Minut Presentation final
8 Minut Presentation final8 Minut Presentation final
8 Minut Presentation final
 
Transforming Billing and CX in Telecom Sector
Transforming Billing and CX in Telecom SectorTransforming Billing and CX in Telecom Sector
Transforming Billing and CX in Telecom Sector
 
Krefeld iDempiere 05/17/2013
Krefeld iDempiere 05/17/2013Krefeld iDempiere 05/17/2013
Krefeld iDempiere 05/17/2013
 
SRRK IT Limited
SRRK IT LimitedSRRK IT Limited
SRRK IT Limited
 

Similar to d22da6dd-347d-4c33-a187-ff592fb88b71-150519080212-lva1-app6891

Ebizframe whitepaper
Ebizframe whitepaperEbizframe whitepaper
Ebizframe whitepaperNadeem Jafar
 
FSM integration to mobile workforce.pdf
FSM integration to mobile workforce.pdfFSM integration to mobile workforce.pdf
FSM integration to mobile workforce.pdfGenic Teams
 
The Cloud ERP Market – How NetSuite Stands Out from the Crowd
The Cloud ERP Market – How NetSuite Stands Out from the CrowdThe Cloud ERP Market – How NetSuite Stands Out from the Crowd
The Cloud ERP Market – How NetSuite Stands Out from the CrowdAmzur Technologies Inc
 
Rapid Application Development
Rapid Application DevelopmentRapid Application Development
Rapid Application DevelopmentVILT
 
Robotic Process Automation | Accenture
Robotic Process Automation | AccentureRobotic Process Automation | Accenture
Robotic Process Automation | Accentureaccenture
 
abs_994_cs_tcg_case_study
abs_994_cs_tcg_case_studyabs_994_cs_tcg_case_study
abs_994_cs_tcg_case_studyPaul Bignell
 
Adopting cloud in the local market
Adopting cloud in the local marketAdopting cloud in the local market
Adopting cloud in the local marketaziznkh
 
The Power and Promise of SaaS: CA Cloud Service Management Case Study
The Power and Promise of SaaS: CA Cloud Service Management Case StudyThe Power and Promise of SaaS: CA Cloud Service Management Case Study
The Power and Promise of SaaS: CA Cloud Service Management Case StudyCA Technologies
 
What are Broadband Solutions
What are Broadband SolutionsWhat are Broadband Solutions
What are Broadband SolutionsMahindra Comviva
 
Custom Employee Tracking Software: Benefits, Features And Cost
Custom Employee Tracking Software: Benefits, Features And Cost Custom Employee Tracking Software: Benefits, Features And Cost
Custom Employee Tracking Software: Benefits, Features And Cost SofiaCarter4
 
Cloud investment buyers guide
Cloud investment buyers guideCloud investment buyers guide
Cloud investment buyers guideKaizenlogcom
 
Cloud investment buyers guide
Cloud investment buyers guideCloud investment buyers guide
Cloud investment buyers guideKaizenlogcom
 
Soais Payroll Outsourcing[2]
Soais Payroll Outsourcing[2]Soais Payroll Outsourcing[2]
Soais Payroll Outsourcing[2]Kiran N
 
Is the cloud right for your business?
Is the cloud right for your business?Is the cloud right for your business?
Is the cloud right for your business?Grant Thornton LLP
 
Tracking expenses with modern technology
Tracking expenses with modern technologyTracking expenses with modern technology
Tracking expenses with modern technologyAdam Greene CPA
 
Is the cloud right for your business?
Is the cloud right for your business? Is the cloud right for your business?
Is the cloud right for your business? Grant Thornton LLP
 
Vendor Compliance Management software
Vendor Compliance Management softwareVendor Compliance Management software
Vendor Compliance Management softwarejugnuRana2
 
Mindtree Picks Uniquely Designed Icertis Contract Management Software
Mindtree Picks Uniquely Designed Icertis Contract Management SoftwareMindtree Picks Uniquely Designed Icertis Contract Management Software
Mindtree Picks Uniquely Designed Icertis Contract Management SoftwareIcertis
 
Ops360 - Workforce Management Solution - V1
Ops360 - Workforce Management Solution - V1Ops360 - Workforce Management Solution - V1
Ops360 - Workforce Management Solution - V1NetConnect2
 

Similar to d22da6dd-347d-4c33-a187-ff592fb88b71-150519080212-lva1-app6891 (20)

Ebizframe whitepaper
Ebizframe whitepaperEbizframe whitepaper
Ebizframe whitepaper
 
Top 15 accounting
Top 15 accountingTop 15 accounting
Top 15 accounting
 
FSM integration to mobile workforce.pdf
FSM integration to mobile workforce.pdfFSM integration to mobile workforce.pdf
FSM integration to mobile workforce.pdf
 
The Cloud ERP Market – How NetSuite Stands Out from the Crowd
The Cloud ERP Market – How NetSuite Stands Out from the CrowdThe Cloud ERP Market – How NetSuite Stands Out from the Crowd
The Cloud ERP Market – How NetSuite Stands Out from the Crowd
 
Rapid Application Development
Rapid Application DevelopmentRapid Application Development
Rapid Application Development
 
Robotic Process Automation | Accenture
Robotic Process Automation | AccentureRobotic Process Automation | Accenture
Robotic Process Automation | Accenture
 
abs_994_cs_tcg_case_study
abs_994_cs_tcg_case_studyabs_994_cs_tcg_case_study
abs_994_cs_tcg_case_study
 
Adopting cloud in the local market
Adopting cloud in the local marketAdopting cloud in the local market
Adopting cloud in the local market
 
The Power and Promise of SaaS: CA Cloud Service Management Case Study
The Power and Promise of SaaS: CA Cloud Service Management Case StudyThe Power and Promise of SaaS: CA Cloud Service Management Case Study
The Power and Promise of SaaS: CA Cloud Service Management Case Study
 
What are Broadband Solutions
What are Broadband SolutionsWhat are Broadband Solutions
What are Broadband Solutions
 
Custom Employee Tracking Software: Benefits, Features And Cost
Custom Employee Tracking Software: Benefits, Features And Cost Custom Employee Tracking Software: Benefits, Features And Cost
Custom Employee Tracking Software: Benefits, Features And Cost
 
Cloud investment buyers guide
Cloud investment buyers guideCloud investment buyers guide
Cloud investment buyers guide
 
Cloud investment buyers guide
Cloud investment buyers guideCloud investment buyers guide
Cloud investment buyers guide
 
Soais Payroll Outsourcing[2]
Soais Payroll Outsourcing[2]Soais Payroll Outsourcing[2]
Soais Payroll Outsourcing[2]
 
Is the cloud right for your business?
Is the cloud right for your business?Is the cloud right for your business?
Is the cloud right for your business?
 
Tracking expenses with modern technology
Tracking expenses with modern technologyTracking expenses with modern technology
Tracking expenses with modern technology
 
Is the cloud right for your business?
Is the cloud right for your business? Is the cloud right for your business?
Is the cloud right for your business?
 
Vendor Compliance Management software
Vendor Compliance Management softwareVendor Compliance Management software
Vendor Compliance Management software
 
Mindtree Picks Uniquely Designed Icertis Contract Management Software
Mindtree Picks Uniquely Designed Icertis Contract Management SoftwareMindtree Picks Uniquely Designed Icertis Contract Management Software
Mindtree Picks Uniquely Designed Icertis Contract Management Software
 
Ops360 - Workforce Management Solution - V1
Ops360 - Workforce Management Solution - V1Ops360 - Workforce Management Solution - V1
Ops360 - Workforce Management Solution - V1
 

d22da6dd-347d-4c33-a187-ff592fb88b71-150519080212-lva1-app6891

  • 1. Case study : Invoicing andContract Management System Copyright © 2014. SOD Technologies Pvt Ltd
  • 2. Business Flexibility With SODTech Open source ERP iDempiere is an excellent tool for management. “SODTECH has developed a fully customized Contract Management Module in iDempiere ERP for us and it has brought great flexibility and efficiency for our business.” Balkishan Chandak, CFO, ARAMARK , Copyright © 2014.SOD Technologies Pvt Ltd ARAMARK is a leader in professional services, providing award-winning food services, facilities management and uniform and career apparel to health care institutions, universities and schools, districts, stadiums and arenas, and businesses around the world. In addition to its significant presence in the US. ARAMARK also serves customers in 21 other countries around the world. ARAMARK seeks to responsibly address issues that matter to its clients, customers, employees and communities by focusing on employee advocacy, environmental stewardship. health and wellness, and community involvement. ARAMARK entered India in 2007. and currently is focused on Integrated Facility Management with expanding focus in Manufacturing & Engineering services and Healthcare sectors. Headquartered in Mumbai. it has 1800+ employees: it is mainly focused in Western, Southern and North India. ARAMARK India has decided to implement an Invoicing and contract Management System to integrate all contract management functions of the organization and has approached SOD Technologies. Cochin to implement Invoicing and Contract Management module of iDempiere ERP as their contract management application. To automate. integrate the Invoicing and Contract Management operations of the organization using iDempiere ERP. Aramark signs a contract for services it provides to a client. The contract can include one or multiple services with various billing natures and can be for one site or can have multiple sites. Renewal of the contract should be intimated to the Client. There is no particular system or alerts procedure for keeping track of contracts near to expiry. User has to manually check for the contracts getting expired periodically. When a contract is renewed the changes are maintained separately, new cost sheets are prepared if the rates are changed. This posed a tedious task for the team to manage the renewal process and having to maintain a new spread sheet caused data duplicity. The Challenge
  • 3. Copyright © 2014.SOD Technologies Pvt Ltd The current process for handling contract is manual. ie, contract details are not captured to the system. Contract details have to be referred while preparing invoices periodically. Calculation sheets are maintained in excel and used every month for calculating amounts for various services based on the billing types. As the business grew it became more and more a tedious task for the employees to manage the contracts. The existing system was not able to cope to the growing needs and the Client wanted to have a dedicated system to manage the Contract announcement and the work distribution for their business. They were having an existing system for managing most of their activities but had little control over the contracts. As there was no such feature available by default in iDempiere, SODTECH team had to start developing the particular module from the scratch and our team dd a detailed requirement gathering and froze the scope before the development. Client business is spread over wide range of industries and catered for diverse services like food and refreshments, facilities management, lodging and accommodation, clean room services, etc. So the final system had to be planned to meet diverse functionality under each contract. Another problem was since Aramark's services spanned over wide range of industries it was really hard for the administrator to keep track of the services offered as per the contract. For example there can be a lot of Client facilities and services offered under each contract. Under a single contract there would be multiple service and billing types. Many groups within a company need to access contracts or contract information. In addition there will be lot of sites and the site admin has to update the attendance from each of the site which has to be fed to the main system. There are several types of billing system for all the services offered and for contracts or services based on man hour calculation it was difficult for the site admin to update the information manually and send it to the accounts department for calculating the wages. Though many of these contracts contain clauses, terms, conditions, commitments and milestones that need to be tracked and managed over the contract's life to maximize business benefits and minimize associated costs or risks, most organizations never actively manage their contracts during the agreement period. Contracts are archived away in departmental filling cabinets never to be reviewed again until a problem arises or the contract has already expired.
  • 4. Copyright © 2014.SOD Technologies Pvt Ltd iDempiere Contract Management Module wit Centre all the details of signed Contract with all the detail to automate the invoicing process Wren a user prepares a Performance invoice each invoice line created against a resource or service type wilt be validated as per the agreed contract. The new system will also support attachments of the copy of contact files either to the file system or to the database. With the introduction of the iDempiere ERP system for managing the Contract activities it became altogether easier for the site admin to report and update the system with the daily attendance chart and update the same to the main system automatically so that the assigned person from the accounts department will get all the required information at the tip of his fingers for easy wage calculation. Overall ERP Software has helped company to streamline its operations and manage it from a Central Location. The information from Operations required by the decision makers was available to them at their fingertips. Consistent relevant interactions across channels have been made possible with the introduction of iDempiere ERP. Our advanced Contract Management covers enhanced functionality around service contracts and the whole life-cycle of a contract with processes of contract offering. Contract execution and contract maintenance. With the introduction of the iDempiere ERP the entire workflow has been automated like Automation of contract activation processing. Master contract templates marketing integration for contract renewal process. Offering the necessary information in a smart way enables resource planners to plan and react accordingly. The software helped the company manage their operations better by quickly providing the vital information and analytics to the Senior and Top Management Better control on the existing business and new prospects helped the client improve the coordination between the accounts and site management SODTECH has been a long term iDempiere implementer. deploying global ERP applications in complex multinational SODTECH proposed iDempiere ERP. an open source solution which is not tied by any licensing cost for functional changes or version upgrade. The solution provided is a web based portal so that the data can be accessed from any place anytime by the management. The Solution Solution Summary
  • 5. www.sodtechnologies.com G Floor, Athulya Infopark, Kakkanad, Cochin-682 030, Kerala, India