Fashion and lifestyle

Dynamic business process visualization showing global connectivity

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Our business consulting services aim to optimize operations and strategies, driving growth and ensuring sustained organizational success and development.

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Accelerate your business growth through our strategic expansion advisory services. We provide comprehensive solutions for both market entry initiatives and optimisation of existing operations, leveraging our deep expertise to ensure measurable success. Our specialised services encompass market entry strategy, fund advisory, and venture capital support. We guide organisations through every phase of expansion, from conducting thorough market potential analyses to developing targeted geographic strategies. Our expertise extends to facilitating mergers and acquisitions, establishing strategic partnerships, and structuring new business entities. Through detailed market intelligence and operational optimisation, we help clients achieve superior market penetration and operational excellence. Partner with us to transform your expansion objectives into sustainable, profitable growth opportunities.

FASHION & COSMETICS
Total Revenue: $ 750 M | BRIDGING BUSINESS & TECHNOLOGY: AP WORKFLOW IMPLEMENTATION
The Challenge
  1. Tedious manual data entry creates errors that ripple everywhere.
  2. Stuck invoices cost thousands in forfeited early payment incentives.
  3. Invoice errors spark constant supplier conflicts and compliance headaches.
  4. Lost invoice trail makes audits painful and compliance risks multiply.
  5. Minimal automation means unnecessarily high costs eating the budget.
  6. Unreliable payments frustrate suppliers, jeopardizing key supply chain partners.
Our Solution
  1. Analyzed various solutions/tools available in market and finalized the best fit tool.
  2. Led Business Requirement Document (BRD) preparation by engaging finance, procurement, and IT stakeholders.
  3. Acted as project management, ensuring alignment between business teams and the automation partner.
  4. Supported definition of functional workflows for PO & Non-PO invoices.
  5. Facilitated timely reviews, UAT coordination, and resolution of cross-functional challenges.
  6. Ensured the integration across multiple ERP systems.
Measurable Impact

Reduced invoice cycle time from 14 days to just 3 days

75% decrease in data entry errors and increased audit readiness

Achieved 30% reduction in processing costs per invoice

Fully digitized and scalable AP operations

FASHION & COSMETICS
Total Revenue: $ 750 M | AP  RECONCILIATION
The Challenge:
  1. While having vendor balance confirmation at YE, the balances were significantly mismatch.
  2. Senior management was not having confidence while reviewing & signing financials.
  3. Further, it started impacting the vendor client relationship for key vendors.
  4. Upon further review, it was identified that the balance mismatches had persisted for over 6–7 years, leading to queries and observations from both internal and external auditors.
  5. GST input loss due to invoices incorrectly accounted or not accounted.
Our Solution:

Observations for Past Reconciliation

  1. Purchases not accounted – Coordinated with SCM for invoice approvals and AP for accounting.
  2. Payments not accounted by vendor – Shared POP with vendor to account the same.
  3. RTV’s not recorded by vendor – Collaborated with SCM to obtain LR and documents for unrecorded RTVs and ensure accounting where possible.
  4. Non-Financial DN’s – Coordinated with Brand Managers to share details with vendors.
  5. For GST mismatches, reconciliation performed between Client Financial Ledger Vs Vendor Financial
  6. Ledger and GST reports and coordinating with relevant team to resolve the same.

Action for Future Process

  1. Quarterly reconciliation for critical vendors & timely resolution of differences.
  2. Suggested automation of processes with compliance validations to the extent possible.
Measurable Impact:

Identification & Resolution of errors in time

85% decrease in data entry errors and increased audit readiness

Achieved 90% reduction in GST input loss

Fully digitized and scalable AP operations

FASHION & COSMETICS
Total Revenue: $ 750 M | AR OUTSOURCING
The Challenge:
  1. The client lacked a structured reconciliation process for online platforms.
  2. System limitations led to inconsistencies in order level reconciliation.
  3. Delay in raising issue with respective platforms lead to cash loss.
  4. Management expressed concerns over the accuracy of financial data used for decision-making.
Our Solution:
  1. Led the outsourcing of online platform reconciliation processes to a centralized managed
    services team.
  2. Created a process and introduced timely reconciliation frameworks across platforms.
  3. Raising tickets timely with platforms for the order level settlement discrepancies and following
    up on same for resolution.
  4. Stabilized reconciliation process while cleansing historical discrepancies.
  5. Introduced performance dashboards and a structured month-end close process.
  6. Achieved measurable cost efficiencies through process re-engineering and automation.
Measurable Impact:

Established accurate monthly reports delivered by due date

Regained leadership confidence in AR reports

End-to-end visibility and accountability

Delivered 75% reduction in cash loss issues

Fashion and lifestyle
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