SAP SRM Upgrade & GST

Leading Public Sector Manufacturer of Mining & Construction equipments streamlines procurement through SAP SRM Upgrade.

Client
The client is a Public Sector Company under the Ministry of Defence and controls 70% of India’s market.

Industry
Heavy Equipment Manufacturing

The Client

The client is a Public Sector Company under the Ministry of Defence and controls 70% of India’s market in that sector. The client is Asia’s second-largest manufacturer of earth moving equipments.

The Challenge

  • Financial Consolidation – Pending AR, Cost-benefit analysis, Asset Management.
  • Tax consolidation as per budgets and actuals.
  • Maintain high-quality output while lowering supply costs.

The Solution

  • Support after Implementation and upgradation of SAP SRM , Tax Migration and GST, Solution Manager and IND AS.
  • SAP Tax Migration and GST implementation.
  • SAP SRM Upgradation from SAP SRM 5.0 to SRM7.03.
  • Implementation of SAP Solution Manager 7.0.
  • Implementation of IND AS into SAP ECC6.0 EHP 7.0 Environment.

The Benefits

  • Timely implementation of SAP GST across business supported for 100% compliance for Indian Indirect Tax system.
  • SAP SRM technical upgrade and implementation increased smooth functioning of procurement processes with added functionality which includes digital signature functionality for example. Also New version of SAP SRM supported to evaluate , enable and engage supplier more effectively.
  • As per Indian Accounting standard, IND AS implementation into SAP ECC6.0 ehp7 facilitated for meeting compliance requirement at BEML.