Business
AscenWork’s Client is one of India’s leading celebrity and sports management agencies. They help some of India’s top celebrity talent to engage strongly with their fan base. This is done by co-creating and promoting digital video content and building communities around the emerging and existing talent. Client aims at representing local talent in India and the SAARC nations and create global opportunities in the areas of motion pictures and TV (including packaging and sales), music, commercial endorsements, sports consulting, licensing and merchandising, live events, and business development, among others. Client is India’s top celebrity management company which offers tremendous opportunities for talent across multiple platforms. In a very short period of time, they have intelligently scaled and diversified their business to maximize this thriving marketplace for their clients. Client’s deep network of relationships, local-market knowledge, and collaborative business philosophy make them a powerful partner in furthering existing business in India and providing clients with more opportunities.”
Challenge
Timely Invoice Processing, forecasting future revenues, managing celebrity endorsements and deals, tracking Sales and Performance division wise were few of the major challenges. With AscenWork Technologies – Customized Application development on SharePoint, client has now overcome their challenges and are now having better control and grip on their Business Processes.
Solution
AscenWork Technologies developed SharePoint Invoicing Solution an end to end Customized Business Application. The solution is accessible to all its users from anywhere in the globe. The developed application gives client better grip and control on all its business processes and helps and forecast revenues on Month-On-Month, Quarter-On-Quarter and Year-On-Year basis. It also helps client to track employee efficiency and have clarity on entire Sales process. The application seamlessly connects Sales, Head of Department, Legal and Finance Teams. This gives the management crystal clear picture regarding the organization and its growth.
Key Features of Invoicing Application
- Deal wise Sales Tracking
- Single Invoice Generation
- Maintain Celebrity wise Endorsements
- Client wise Invoice Generation
- Manage Payments for Talent and Agents
- Multi-Currency Support
- Configurable Approval Workflow
- Tax Support over Invoicing
- Legal Management
- Calculate Net Revenues
- Track Payouts
- MIS and Reports
- Alerts and Notifications
- Audit Processing
RESULT
SharePoint Invoicing Solution for the client has enabled entire organization to be on a single platform to track Sales, track employee performance, control Approvals and Rejections, and calculate payouts and net margins to the company. With AscenWork Technologies development efforts along with 24 x 7 SharePoint Hosting services ensures client to maintain uninterrupted business round the year.
AT A GLANCE
What they wanted to do-
- Have centralized Invoice and Sales Tracking
- Improve security
- Add more value to the business throught IT
- Promote teamwork
- Find a cost-effective solution
What they did-
- Standardized on SharePoint based Customized Application Development
- Used end to end application development by AscenWork Technologies
- Collaborated on various processes through the application.
What they accomplished-
- Up to 50% reduction in costs over manual systems
- Improved compliance
- Automated revenue forecasting
- Speedier Invoice Generation against booked deals
- Email Alerts and Notifications
- A greener footprint