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Dr Lal Path Labs
IL&FS Group Companies
 
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Providing leading business services
ERP project implementation at IL&FS and its Group companies
IL&FS is implementing Microsoft Axapta to handle the following modules in the entire organization:
  • Customer Relationship Management
  • Human Resource Management
  • Finance and Accounts
  • Trade and Logistics
  • Projects
  • Balance Scorecard
  • Business Process Management
  • Payroll etc
The product is being rolled out customized for specific business needs e.g. resources department requires modules on derivatives, while Property Management department has its own customized requirements

1. Infrastructure Leasing and Financial Services Limited

Base Modules
  • Financial Accounting
  • Trade & Logistics
  • HRM
  • CRM
Add-on / Vertical solutions including statutory reporting needs
  • Payroll
  • Loan
  • Lease management solution
  • Market borrowings and securitization
  • Treasury Management
  • Investment Banking
  • Workflow for Approval & Authorizations                                                     Go to top
2. Orix Auto Infrastructure Services Limited

ORIX Corporation is an integrated financial service group based in Tokyo, Japan, providing innovative value-added products and services to both corporate and retail customers. With operations in 23 countries, its activities include Leasing, Corporate Finance, Real Estate-Related Finance and Development, Life Insurance and Investment & Retail Banking. It has an asset base of USD 56 billion with its equities listed on New York, Tokyo, Nagoya and Osaka Stock/Securities Exchanges.

Business Challenges:
  • Multiple stand alone software in use to support different line of business. These softwares were on different technology platform. This created interfacing & consolidation challenges.
  • Legacy solutions were unable to keep pace with business growth (increase in geographical spread & new business lines).
  • Consolidated financial exposure to an individual / business entity not available.
  • High lead time for business performance analysis due to challenges in data compilation and validation from multiple solutions.
  • Statutory & operational reporting was difficult and time consuming.
  • Weak internal controls & difficulty in implementation of business critical policies.
Solution

To replace the multiple specialized solutions and for bringing about standardization Dynamics AX was chosen for implementation. Various Dynamics AX modules were implemented and some vertical solutions developed on AX. The end to end solution which emerged, by implementation of Dynamics AX, helps in providing single version of truth to all stakeholders. The solution provided to OAIS covers multiple functional areas which are as under.
  • Accounting
    • General accounting
    • Accounts payable
    • Accounts receivable
    • Fixed assets
    • Bank management
  • Human resource management
    • Recruitment
    • Appraisals
    • Trainings
    • Payroll
    • Employee self service for expense and reimbursements
  • Customer Relationship management
  • Inventory management
  • Retail Loan for vehicles
  • Lease management system
  • Sale and purchase of used cars
  • Business transport solutions
  • Market borrowings and securitization
Business Benefits
  • Online analysis and reporting helps leadership and operations team to take timely business decisions
  • Better internal controls resulting from role based access rights
  • Simplified implementation of business policies
  • Improved customer service resulting from reduction in response time & accurate reports
  • Timely and accurate reporting to enable statutory compliance
  • Helped in optimizing technology investment
  • Ease of learning, leading to better adoption by users and thereby realization of business benefits of adopting an integrated business solution
  • Automation of approval and authorization as per business needs
Add-on / Vertical solutions including statutory reporting needs
  • Payroll
  • Retail Loan
  • Lease management solution
  • Sale and purchase of used vehicles
  • Business transport solutions
  • Securitization                                                     Go to top
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