Client profile
Having an extensive presence in North America, South America, Europe, Australia, New Zealand and South Africa, MENA and Asia Pacific region, our client is one of the fastest growing generic Pharmaceutical Company. It deals in the area of Oncology, Cardiology, Neurology, Nephrology, Urology, Psychiatry, Diabitology, Pain management and Gastroenterology, marketing more than 130 products in more than 60 countries. Business situation
As it deals with more than 130 products and marketing it in more than 60 countries. Every country has its own specific need, distribution pattern, and government initiatives, regulatory guidelines and culture hence to track the profit-loss status of every individual country was very tedious task. Earlier our client used to use hybrid or excel based system to manage that but that manual system was not very effective to provide the management the real time country specific profit-loss status.
Business complexities
Solution overview
Our expert team did an in-depth analysis of their whole processes, understood their pain areas and organizational objectives and provided them an easy solution in excel format as they were very much comfortable in Excel.
We provided them Financial Budgeting and Forecasting application as an Excel plugin which they can use with the simple user id and password. This solution allowed our client to do Financial Budgeting and Forecasting for multiple countries to easily track the profit and loss individual country is making.