Platform and Technology Capabilities
Synoptek Expands its Operations in Pune, India
Technology Consulting and Assessment Services Help an International Training Institute Become a $300M Organization in 5 Years
In-House IT Teams vs. Outsourcing: Which Is Right for You?
Technology as a Driver in CX Transformation and Business Growth
Home / Insights / Case Study / SharePoint Development Services Help a Global Automotive Component Manufacturer and Supplier Automate the End-to-End Capex Process
Services: SharePoint Development
A global automotive component manufacturer and supplier wanted to automate its Capex process. The client was using an MS Excel-based system for the process, which was not efficient and therefore, wanted to move to a new, web-based system. The client wanted the web-based system to be intuitive, easy-to-use, and have enterprise-level scalability. The expectation was that the new system will:
The client also wanted to integrate the web-based system with their existing ERP system, SAP.
Synoptek began the engagement by carefully evaluating the client’s existing Capex budgeting, approval, and reporting processes and documenting their pain points. Based on the client’s requirements and Synoptek’s assessment of their challenges and pain points, Synoptek developed a new, web-based system – using Capex database and a SharePoint portal as the key components. The portal is designed to manage the end-to-end Capex process, right from budget allocation to approval and reporting. The Capex database is integrated with SAP for records maintenance and reporting purposes.
Using the SharePoint portal:
The new system is designed to handle sophisticated workflows – related to conditional approval and rejection. It also generates automatic, recurring notifications for approvers when budget requests are pending at their end. Once the requests are approved, the corresponding details are exchanged with SAP for Purchase Request (or Purchase Order) processing. The same information also synchronizes to the Capex database and is further used to generate several monthly, quarterly, and annual reports.
With Synoptek’s solution for Capex process automation, the global automotive component manufacturer and supplier has been able to:
© 2023 Synoptek, LLC. All Rights Reserved.