Client Challenges
- Lacking in project planning, task scheduling, allocating tasks and improper tracking of the activities.
- No proper updating or providing necessary legal documents and drawings to respective department or site.
- Delays in statutory payments causing heavy penalties and interest.
- Budget vs. Actuals are not analyzed, and under / over budgeted expenses are not reported.
- Lack of cost center wise revenue & expense tracking system.
PKC Solutions
- Implemented Project Management software to plan, assign and schedule tasks.
- Automated GST & TDS reports in tally.
- Provided Statutory due date charts and automated email reminders.
- Provided a customized project wise budgeting report which helps to track Budget vs Actuals periodically.
- Cost Centre and Stage wise purchase & expense masters were restructured in the accounting software.
- Provided Checklist at each stage to provide necessary document to respective department.
Results
- 95% reduction in time taken for filing returns.
- 58% reduction in unnecessary and duplicate ledgers.
- ~25% reduction in project cycle time.
- Costs were in control and could track record for future projects.
- Necessary document and drawings were available at the right time.
