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Finance Automation System

Project Name:


Key Requirements:














Technology Used:








Key Features:












Our Role:






Finance Automation System


Based on the services provided to our client by their vendors,

our client pays

compensation commensurate to the services

received.



The activities were handled manually by our client before the system was put in place. Information management, compensation calculation and payment disbursal was automated based on their proprietary processes to minimize error prone paper transactions and

create a huge reduction in man-hours devoted to these tasks.



This process of retrieving the information and calculating the various amounts against each payout is to be automated and integrated with the existing system including the financials handling, and their

check

printing.

Software/Tool:

  • Visual Basic.NET
  • ASP.NET
  • Oracle 8i

Platform:


Windows

The system provides users with rich configuration options for various kinds of partners. The configuration can also depend on several parameters

such as

franchise, service, service categories, customer categories, etc.

The compensation may be calculated in terms of fixed amounts, percentages of values,

in the

form of slabs and any other vendor-partnership specific logic.

The system aggregates the source data based on the configuration options and then apply the defined calculation rules to come up with the amount for each vendor.

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