How an American retailer transformed its financial business processes to enable continued growth momentum
October | 2019
Client background
Client: American chain of department stores
Industry type: Retail
Products / Services / Core Business: Clothing, footwear, bedding, furniture, etc.
Geography / Areas of operations: USA
Challenges
The client’s ERP system, which has been supporting Finance & HR functions, was deployed over 15 years ago. This led to:
To achieve its revenue targets without any bottlenecks, the client needed a robust solution that could help streamline financial business processes.
Solution
After due-diligence of client’s IT landscape and challenges, Wipro recommended re-implementation of PeopleSoft Version 9.2 as opposed to an upgrade, and identified significant opportunities for improvement. Key aspects of the solution included:
Additionally, Wipro successfully drove organizational change management throughout the program.
Business impact
Wipro’s solution resulted in the following benefits:
“Understanding of client needs, deep domain expertise and rigorous planning was key to the success of this program. With the power of automation and a highly simplified financial structure, the client could achieve scalability, agility and efficiency.”
- Balasubramanian Ramalingam, Practice Head – Oracle EBS, PeopleSoft & ERP Cloud, Oracle Practice, Wipro Limited
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The recent increase in the frequency and impact of cyber-attacks have kept Critical Infrastructure companies on their toes.
Security monitoring has always been critical to protecting IT ecosystems but with the rise in IoT-enabled devices and connected systems, the fear of cyberattacks has grown exponentially.
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© 2021 Wipro Limited |
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