BANGALORE: Satyam Computer Services Ltd today announced that it has helped SMS Demag Pvt. Ltd to roll out three key SAP R/ three modules: Finance and Controlling (FICO), Materials Management (MM), and Project Systems (PS).
According to a Satyam statement, the rollout that took place in six weeks, is already enabling SMS Demag to integrate its data and systems and enjoy the benefits a more centralized enterprise provides.
The benefits include accommodation of a broad range of reporting needs enabled by the robust system’s flexibility. For example, SMS Demag files are now updated automatically and continuously, information can be processed in real time—so reports reflect the most current data, the statement said.
The FICO module includes streamlined month-end processing procedures, which expedite closings, and automatic journal entries handle a variety of prorates.
Additionally, its AP functionality automates the writing of checks and claims schedules, and then updates SMS Demag’s systems. Further, Satyam consultants have developed user-specific programs that enable SMS Demag to file statutory returns like sales tax/service tax/income tax returns in an accurate and timely manner.
The Materials Management module integrates purchase-related activities with project and finance functions, leading to timely equipment supplies.
The Project Systems module will help SMS Demag users “talk to” their applications more easily, an important productivity enhancement. Application prototyping is facilitated, too. Other benefits include an enhanced help function; online training; simplified design and modification of display panels; and considerably less expensive operation, the statement added.
VJ Rao, CIO, SMS Demag, India Operations, said, “Because of Satyam, we are far better prepared to manage marketplace demands. We can respond to our customers and suppliers more efficiently, and we have a clearer idea of their preferences. Satyam has helped us keep our costs as low as possible, which is integral to our success.”
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