Finance IT Landscape Transformation for the Largest Retailer of Automotive Parts and Accessories
The client is a Fortune 500 auto parts retailer with global presence across America. They operate their business from more than 5000+ stores. Their legacy-based financial platform required re-engineering of its current processes with modern practices which could help them for supporting their exponential growth.
Hexaware provided a scalable solution using PeopleSoft application that supported their business growth in volumes beyond 10,000 stores across their operating geographies. Following were some of the key business value adds delivered
Improved system performance up to 10x times
Greatly reduced PO processing time as vendors had direct access to POs by using the eSupplier module
Provided faster and more efficient financial close processes -monthly, quarterly, half-yearly, and yearly
Moved management reporting from Operational BU perspective to Legal Entity perspective
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