ERP Implementation

About Company

The client is a SaaS start-up in its early revenue stage. The company renders Cloud services in 20+ countries and experienced rapid growth of operations during the disruption of the global workplace caused by the pandemic.

Situation

The company expanded globally and decided to switch from a legacy system to Oracle NetSuite OneWorld to facilitate 20+ subsidiary operations. The client reached Hundred MS for full ERP implementation covering everything from ERP Set Up to data migration.

The Challenges

The company’s current systems were not able to match the scale and complexity of its operations which had multiple departments and business verticals. Significant manual processes were impacting operational speed and efficiencies Lack of self-service capabilities for end-users due to limitations in the legacy system thereby increased dependency on the IT team for requisite information reports from the ERP.

The Solution

Hundred MS provides business process optimization and software implementation services that include:

  • Detailed study of business model, processes involved, current usage of legacy systems, manual workflows
  • Detailed design of to-be processes with workflows, controls, validations, and data points
  • Detailed plan of ERP implementation including set up, migration, testing, cut-over, and go-live
  • Preparation of emergency action plan in coordination with the stakeholders
  • Design and set up of users and their access based on roles
  • Set up of master data, retrieving information from legacy system, user inputs for data gap
  • Design of layouts and reports from ERP
  • Correction of existing legacy data to suit new ERP set up migration
  • Migration of opening balances with validations and testing
  • Functional training to users on the new ERP
  • Go-live and post-go-live stabilization

The Impact

The company was able to address all its business needs through the new ERP  including, processes, reporting, controls, and validations as a result of strong design and implementation. Impact on regular operations was very minimal due to significant saving in bandwidth of staff in the implementation of ERP.

ERP Implementation | NetSuite One World | Process design and optimization | Data migration

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Narek
Narek Abgaryan
Narek is the CEO of Hundred MS. Before embarking upon this position, he accumulated insightful experience including the positions of CEO, Head of Research and Member of the Board at various licensed and regulated investment companies. Narek is a graduate of Hult International Business School, Armenian State University of Economics and is currently pursuing his education at Saïd Business School of the University of Oxford. Narek is a CFA charter holder and a certified FRM.
CFA, FRM
Corporate Finance Investment Performance Management
Narek Abgaryan
Narek is the CEO of Hundred MS. Before embarking upon this position, he accumulated insightful experience including the positions of CEO, Head of Research and Member of the Board at various licensed and regulated investment companies. Narek is a graduate of Hult International Business School, Armenian State University of Economics and is currently pursuing his education at Saïd Business School of the University of Oxford. Narek is a CFA charter holder and a certified FRM.
CFA, FRM
Corporate Finance Investment Performance Management
Our Mission
Our mission is to extend our partner-based, specialized and cost-effective cooperation to our clients to enable them to focus on their long-term strategy and leverage their core competencies around value-creating activities.
Our Mission
Our mission is to extend our partner-based, specialized and cost-effective cooperation to our clients to enable them to focus on their long-term strategy and leverage their core competencies around value-creating activities.
Our Vision
We have a deep conviction that the financial system is the pillar of our civilizations. Economies that are exploding with growth are the ones that adopted modern finance. We aim to reach a reality where access to unconventional finance technics should be within reach of every economic unit. This shall empower everyone to allocate their human and financial capital more purposefully and innovatively for the benefit of a secure, wealthy, and responsible society.
Our Vision
We have a deep conviction that the financial system is the pillar of our civilizations. Economies that are exploding with growth are the ones that adopted modern finance. We aim to reach a reality where access to unconventional finance technics should be within reach of every economic unit. This shall empower everyone to allocate their human and financial capital more purposefully and innovatively for the benefit of a secure, wealthy, and responsible society.
Objectives
In "Hundred MS", we are structuring our goals to revolve around the best interests of our investors and business partners. The basis we build our strategy on is satisfaction of expectations of our Clients, by bringing substantial profits to them through ethical management of investments, assets and portfolios. In the path of achieving the set tasks, we target new financial products adapted to the Client’s needs and offer variety combinations of interdisciplinary innovations. Following our set of values, we see our short-term goal in becoming one of the leading players in the global financial markets.
Objectives
In "Hundred MS", we are structuring our goals to revolve around the best interests of our investors and business partners. The basis we build our strategy on is satisfaction of expectations of our Clients, by bringing substantial profits to them through ethical management of investments, assets and portfolios. In the path of achieving the set tasks, we target new financial products adapted to the Client’s needs and offer variety combinations of interdisciplinary innovations. Following our set of values, we see our short-term goal in becoming one of the leading players in the global financial markets.
Corporate Values
We believe that earning the trust of each Client cements the next layer of the foundation of the Company’s reputation. Financial relations are built on trust; thus, our reputation is the heart of our business. Our allocentric approach to dealing with clients ensures that we always put their interests first. We do our utmost to make sure that our decisions are utterly disconnected from the greed when it comes to rendering our services. Promulgating ethics and adhering to the highest professional standards are the bedrocks of our corporate values.
Corporate Values
We believe that earning the trust of each Client cements the next layer of the foundation of the Company’s reputation. Financial relations are built on trust; thus, our reputation is the heart of our business. Our allocentric approach to dealing with clients ensures that we always put their interests first. We do our utmost to make sure that our decisions are utterly disconnected from the greed when it comes to rendering our services. Promulgating ethics and adhering to the highest professional standards are the bedrocks of our corporate values.
Levon
Levon Garibyan
Levon is the Business Development Director and Strategy Specialist of the company. He acquired international experience of more than 10 years, managing private firms with various business profiles in UK, UAE and Russian Federation. Levon studied in Cranfield University School of Management and Moscow State University of International Affairs (MGIMO).
MSc
Business Development, Strategy & Fundraising
Levon Garibyan
Levon is the Business Development Director and Strategy Specialist of the company. He acquired international experience of more than 10 years, managing private firms with various business profiles in UK, UAE and Russian Federation. Levon studied in Cranfield University School of Management and Moscow State University of International Affairs (MGIMO).
MSc
Business Development, Strategy & Fundraising
David
David Tarkhanyan
David is the co-founder of Hundred MS. He is a Banking specialist with a focus on Financial Controlling, Planning, and Performance Management. His experience extends more than 10 years in various investment banks in Vienna and Frankfurt. David studied Physics at Bauman University and Industrial Engineering at the American University of Armenia.
CFA, FRM
Financial Controlling Investment Banking
David Tarkhanyan
David is the co-founder of Hundred MS. He is a Banking specialist with a focus on Financial Controlling, Planning, and Performance Management. His experience extends more than 10 years in various investment banks in Vienna and Frankfurt. David studied Physics at Bauman University and Industrial Engineering at the American University of Armenia.
CFA, FRM
Financial Controlling Investment Banking