An insight about the effective processes carried out in an aluminum extrusion services company

Client Challenges

• Lack of standard accounting structure
• Manual GST filing leading to wrong payments & penalties due to delays
• No system to ensure all payments & receipts updated on tally
• No proper mechanism for handling excess/shortage goods received
• Lack of proper system for obtaining orders from customer
• No track of outstanding orders so prioritization of orders cannot be ensured

PKC Solutions

• Designed effective accounting structure for timely financial reporting
• Establishing robust process from PO creation to invoice booking
• Deigned process for collecting order specification from customers for order planning
• Incorporating controls to ensure orders are not processed for blacklisted customers
• Expenses incurred were tracked based on cost center & based on nature of expense in tally

Results