Enterops Technologies Pvt. Ltd. provides a financial data consolidation solution called eBiz Consolidation that helps organizations streamline their financial reporting processes. A reputed customer was using multiple ERP systems to generate financial data but faced challenges consolidating and reporting the data through manual spreadsheet processes. Enterops' solution automated financial reporting, reduced monthly close days, and cut the finance team's reporting workload by 70-80%. It improved report delivery and raised the profile of the customer's finance department.

1. Enterops Technologies Pvt. Ltd. May 2015
Enterops Technologies Pvt. Ltd. Case Study
Financial Data Consolidation
Streamline and Improve your Financial Reporting
Enterops eBiz Consolidation is a solution ideally suited to organizations that are looking for better
efficiency in their financial reporting process. It Improves reports delivery to internal customers,
raising the profile of the finance department within the organization.
Dealing with multiple Systems
One of our reputed customers generates a financial data in different ERP systems. Consolidation and
reporting of this data was a challenge, and mostly relied on manual, spreadsheet-based processes.
Customer wanted to build a consistent, centralized approach to the consolidation and reporting of
financial data.
This would help the customer shift the emphasis away from low-level activities like data gathering and
report-writing, and increase focus on gaining insight and taking action. Customer saw finance as an area of
the business where a new approach to data consolidation would deliver immediate value.
Identifying Areas for Improvement
The finance team mapped out all the places within their organization where people were creating reports,
and identified a number of opportunities for improvement. In many cases, several people were spending
time creating very similar analyses, which meant that work was being duplicated.
More importantly, the lack of common data sources and methodologies for reporting meant that the
results were often inconsistent. Customer realized that first they needed to leverage the new tools to
automate the reporting in processes wherever possible. The first major area identified for this
improvement was financial reporting (The annual financial statements that were provide to Security
Exchanges and Shareholders).

2. Enterops Technologies Pvt. Ltd. May 2015
Business Benefits
 Improves reports delivery to internal customers, raising the profile of the finance department
within the organization.
 Reduces the monthly financial close days.
 Reduces the reporting requirements of the finance teams by 70 to 80 percent.
Faster Financial Consolidations
The ability to reduce monthly financial close days – with quality and in full compliance with global
standards – is a critical challenge. Streamlining the financial close process not only gets vital decision-
making data in your stakeholders’ hands more quickly, but it frees up time for more value-added activities
such as analysis.
At that time, the creation of external financial reports relied on a complicated process, which involved
finance teams at different locations extracting data from their ERP systems, compiling spreadsheet
workbook reports.
The figures were then consolidated manually, which took several days each quarter. The finance team
realized that financial consolidation software could offer a much simpler, more automated data
consolidation process, and eliminate the need for spreadsheets.
Working with Vendor, the team implemented the solution and began rolling it out first to the core team
who handle the consolidation work, and subsequently to other departments.
Solution Components
 Web Based Architecture
 Java Technologies
 Tomcat Web Container
 Postgres SQL Database
About Enterops
Enterops Technologies Pvt. Ltd. is a business software and services company that creates, provides and
supports software for Businesses – delivered via cloud or on-premises to help these fast-changing
organisations manage their business needs effectively. We strive to set the global standerd for
businesssolutions that help our customers to embrace change independently, in the most simple, quick
and cost effective way. We have a broad portfolio of solutions that addresses different markets,
requirements, technologies and types of organisation.
Contact Us
For further details of how Enterops Technologies can provide financial consolidation for your business,
please get in touch –
Email: ashish.patel@enteropps.com | Tel: + 91 98677 40282 | Web: www.enterops.com