The Singapore branch office of Toki Commercial Co., Ltd. was using a customised sales system currently used by its Japan headquarters. It was inadequate in addressing the multi-currency and multilanguage concerns of the office. It addressed this by using SAP Business One to replace the legacy sales and accounting systems.
Key Challenges
- The customised sales system was built for the Japanese market, and was not aligned with the needs of the Singapore
operations
- Unable to generate in-depth financial reports with the legacy accounting software
- Doing multi-currency conversions was a time-consuming process prone to manual errors
- It took two weeks to generate a monthly financial report
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Project Objectives
- New system must be able to handle multicurrency and multi-language requirements efficiently
- It must be flexible enough to integrate with the system in Japan
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Key Benefits
- Time taken to generate monthly report was reduced by 90%
- Eliminated manual exchange rate calculations and manual data entry
- Improved decision making as the headquarters has greater insights to business performance of the Singapore
branch office
- Managers have a better understanding of the Singapore operations as business report is presented in both English and
Japanese
- Enhanced customer satisfaction
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Why SAP Solutions
- User friendly
- Capable of handling multi-currency and multi-language requirements
- Flexible enough to integrate with the system in Japan
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Implementation Highlights
- SAP solution was deployed in two weeks
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