01 October 2001

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Front Page > Software > Full Story
Optimos adds Spice to financial system

Punita Jasrotia New Delhi

Our solution put FAST almost on par with the SAP ERP solution —Salil Sankaran

Following its break-up with Modi Telestra in April 2000, Spice Cell faced the daunting task of not only re-building its user base, but also setting up a Web-based enterprise solution which would help it integrate its financial functions. The company already had a SAP solution in place, but as it was licensed to Modi Telestra, the company had to look for other alternatives. The company finally approached Optimos India, a company offering solutions in ERP, CRM, e-commerce and document management applications, for developing a ‘Financial Application Management System’, which would help it strengthen its back-end infrastructure.

Says Salil Sankaran, country manager, Optimos India, “Spice Cell had implemented various packages such as finance, HR, accounting, inventory etc. However, though these packages served the intended purpose, they could not be integrated, and thus could not provide a status of revenue collections and inventory online. In case of the legacy ‘Financial Accounting System’ it was necessary to take manual inputs from other packages which meant duplication of work. The problem was further complicated by the fact that these standalone packages were at different locations. Also, maintenance of these packages and training of users only served to add to the already difficult task. Therefore, our chief objective was to create a basic platform revolving around the Financial Accounting System that would integrate the billing, inventory and payroll systems.”

Optimos deployed a six-member team to work on the project, which was divided into five phases. The first phase comprised of analyses of raw data and understanding the business while the second phase involved outlining the specifications and transforming them into a tabular structural format so as to facilitate project flow. The third phase consisted of developing the solution according to specifications and the fourth, the pilot testing of the solution with Spice Cell’s user base. In the fifth and final phase the company went live with the solution.

Sankaran proudly states that the solution put the Financial Accounting System (FAST) almost on par with SAP’s solution. The solution comprised of different modules such as General Ledger, Accounts Payable (which was used for Passing of Invoice for materials), Accounts Receivable, Asset management, Cash Flow Management, Cost Centre Management, Balance Sheet, Tax Management, Profit and Loss Accounts, Audit Trails, User Queries and Reports. The whole purpose was to have a smoother transition of data migration from the company’s legacy system to FAST.

In case of the front-end, Optimos used Java for development, distribution, reporting and documentation. “The purpose was to have an easy implementation across the network, which could be easily scalable. It also reduced the requirement of a third party software for porting and distribution of applications,” he says. The Java API with Applets and Servlets were used to ensure a high degree of security and enhanced GUI. “This helped in providing a customised service to all levels of user requirements, simple and easy navigation technique, optimum user interface, validations and reports based on user query with drilldowns,” he adds. For the storage and data administration needs, Optimos used the Oracle 8 database server which helped in faster data integrity, high level of security and scalability and supported more than 200 concurrent users.

Commenting on the project, Sankaran says the turning point in the project was the implementation of the ‘workflow management module’, which took care of every step of the project. Once the workflow module was set up, the company integrated it with the Lotus Notes for faster and easy accessibility. Besides this, it also took an in-depth approach in providing specifications keeping the technical, user and functional segment in mind. “We wanted to provide a simple and easy to use solution with ready to use codes. Our main aim was to see to it that even when we are not there, the company should be able to use it and should not require much of guidance in the same,” he adds.

Sankaran points out that the implementation of FAST helped Spice in cutting 30 percent of their overhead expenses and also helped them offer better delivery. With Bharti taking over Spice Cell, Optimos is optimistic that they would be given the order to integrate the Financial Accou-nting System (developed by Optimos) with Bharti’s Oracle Financial system.

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