Find Out How FULLBEAUTY Is Transforming Finance, Procurement

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Find Out How FULLBEAUTY Is Transforming Finance, Procurement

11/11/2016
FULLBEAUTY, the online shopping company for plus-size women, men's apparel and home goods, is working with Zensar Technologies to transform its financial and procurement processes.

The scope of the project involves Zensar partnering with the e-commerce and catalog retailer to leverage the benefits of a smarter financial and procurement framework, involving reimplementation of the latest version of Oracle Applications Release 12. FULLBEAUTY Brands is on the growth path, having acquired multiple businesses with an umbrella of eight proprietary brands. The key objective of this reimplementation project entails a complete redesign of account charts and streamlining key financial and business processes for increased efficiency.

"The retail industry has been at the forefront of customer centric innovation. In order to ensure seamless and profitable operations, it is critical for FULLBEAUTY Brands to streamline its financial processes. I am confident that our Oracle expertise, along with our demonstrated knowledge across the retail segment, will result in the creation of a more efficient process to meet their business goals," said Sandeep Kishore, CEO and managing director, Zensar Technologies.

According to Jeanne Franklin, senior vice president, finance, FULLBEAUTY Brands said, "For the project we chose to do a re-implementation rather than an upgrade. The Zensar team is a great partner. Their working knowledge of Oracle in the retail sector was why we chose them as our Oracle integrator, however, they also bring basic day to day skills to the table as they are working with us to streamline our chart of accounts and purge inactive vendors to improve efficiencies."

Zensar assisted FULLBEAUTY with reviewing its Oracle licensing structure, recommending a number of ways to use existing modules and resources to maximize functionality in the new Oracle Financial Reporting platform. "These new protocols utilize existing capabilities within the platform without the use of a lot of special coding and development work," said Robert Evans, CIO, FULLBEAUTY Brands. "Zensar has also been an excellent resource for helping us to determine and implement best practices from a business viewpoint on the Oracle platform."

According to Harish Gala, Zensar's executive vice president and head, enterprise application solutions, "Our understanding of Oracle products and solutions, combined with the proven experience of having worked with leading global retail brands will help us to transform the objectives of FULLBEAUTY Brands into visible outcomes. Our team is geared to implement this project effectively, by ensuring that we keep sight of the company's growth plans."

The scope of this project includes a complete reimplementation of the Oracle ERP  Financials R12 including GL, AP, AR, Fixed Assets, Cash Management, iProcurement, PO, Project Accounting and Inter Company. 

At the end of the project implementation, the customer is expected to benefit from the following expected key outcomes:
  • Complete alignment with Oracle Product / Support Roadmap to leverage maximum benefits
  • Visible increase in processing efficiencies, due to the elimination of manual processes
  • Provision of transactional security and reporting execution across multiple Operating Units
Centralized Accounting and Centralized Banking configurations, making it a seamless process
Business Intelligence Reporting and Analysis more streamlined to generate timely and actionable insights
Month End Close cycle reductions, resulting in better inventory control
Opportunities improvement across Data Cleansing, Hardware and Extensions Utilization
The above outcomes will help the company to achieve operational efficiencies, create a platform for business growth, while providing competitive advantage.