Industry

Automotive, Manufacturing

Technologies

Microsoft Dynamics AX 2012 R3 | SQL Server 2012 R2 | SSRS Reporting

Client

Founded in 1972, the client is one of India’s leading manufacturers and suppliers of automotive clutch components. With decades of foundry expertise, the company supplies critical components used by top automotive OEMs across India, the United States, and the United Kingdom. Their products are integrated into vehicles manufactured by some of the world’s most recognized automobile brands.

Challenges

As the business expanded globally, the client faced operational inefficiencies due to fragmented processes and manual financial calculations. They required a modern ERP system to improve accuracy, visibility, and decision-making.

Key challenges included:

Inefficient inventory planning and MRP management

Lack of accurate cost and consumption tracking

Difficulty generating supplementary invoices after price revisions

Manual handling of forex exchange rates, leading to inaccurate export transaction values

Limited visibility into overdue invoices and collections tracking

Time-consuming invoicing processes

Solution Provided

To streamline operations and improve financial accuracy, a comprehensive implementation of Microsoft Dynamics AX 2012 R3 was delivered, tailored to the client’s manufacturing and export workflows.

Solution highlights:

End-to-end ERP implementation to unify operations and financial processes

Custom Free Text Invoice functionality to generate supplementary invoices without impacting inventory

One-click selection to include invoices in supplementary billing

Online currency rate integration to capture accurate exchange rates during transaction booking

Automated reporting and documentation for invoicing and collections

Results

The ERP implementation significantly improved operational efficiency, invoicing accuracy, and financial transparency across export transactions.

Key outcomes achieved:

Reduced time required to generate supplementary invoices

Automated email notifications for pending invoices to customers

Streamlined invoicing process with proper documentation tracking

Accurate forex gain/loss calculation based on real-time exchange rates

Improved profit tracking for export transactions

Better visibility and tracking of overdue invoices for the collections team

Enhanced financial accuracy and decision-making

Similar Customer Stories

ERP Solution for US-Based Construction Company’s Business Challenges

ERP Solution for US-Based Construction Company’s Business Challenges

Mitsui Home North America (MHNA) enhanced business management by implementing Dynamics 365 ERP, leading to improved efficiency and cost accuracy.

Continue Reading banner
Streamlining Invoicing & Forex Tracking for the Automotive Industry

Streamlining Invoicing & Forex Tracking for the Automotive Industry

Synoverge implemented MS Dynamics AX for a leading clutch manufacturer, streamlining invoicing, cost tracking, and Forex calculations.

Continue Reading banner
Optimizing Operations for a Japan-Based Automotive Electronics Manufacturer

Optimizing Operations for a Japan-Based Automotive Electronics Manufacturer

Synoverge helped a Japan-based automotive electronics manufacturer streamline operations, improve inventory management, and simplify multi-currency reporting.

Continue Reading banner