|Customer: A global automotive component manufacturer and supplier||Profile: A global automotive component manufacturer and supplier of exterior lighting systems, plastic and polymer components, electrical-electronics components, and precision metallic components to passenger car, commercial vehicle, two-wheeler, three-wheeler, and off-highway vehicle OEMs|
Services: SharePoint Development
|Size: 10,001+ employees|
|Region: Maharashtra, India|
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.
Solution and Approach
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: