RCS Group was operating on multiple financial accounting software systems, while the Foschini Group used SAP R/3 Financials. The amalgamation of these two companies resulted in the following challenges:
It was decided to provide a single business management solution by replacing SAP R/3 and Pastel with one ERP system to ensure valid, accurate and complete financial records, as well as a fully integrated procurement system. Dynamics GP and the Information Worker suite of products were selected for this purpose.
This meant re-engineering all of the accounting processes and procedures. Data conversion and migration were also required for the historic financial information.
At the same time, various aspects were taken into consideration and ownership of financial results and commitments were transferred to the various cost centres, verbal communication and misunderstanding of the processes were ironed out and the amount of manual work, which led to duplication, was reduced. Another reduction was in the printing and paper costs which had previously been considerable.