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Automation of Intercompany Matching Report (ICMR) and Cruscutto Report

240 Hours

Before Automation

18 Hours

After VBA Automation

222 Hours

Time Saved per month

  • Industry:
  • Electronics Manufacturing Services and ODM (Original Design Manufacturer)

Company Profile: It is an American multinational technological manufacturer, with corporate headquarters in Singapore and administrative in Silicon Valley, California. It is the third largest global EMS, ODM Company by revenue.

  • Department:
  •  Finance
  • Tool(s) Used:
  • Microsoft Excel VB Programming (Macro)

Need for Automation:

For every GL team, month end report validation and the cross inter company reconciliation is the main activity consuming 220 man-hours per month. Also, every hour the updated sheet is uploaded to BPC report – which further will be used by the other team members.

Apart from this, we have Cruscutto reporting - initially prepared by Germany site and later was transitioned to Chennai GBS team. The report requires multiple companies TB and BPC Report, and consolidated TB to be matched with BPC report – which takes around 12 man-hours monthly. Automation of this report would avoid month end pressure and literally free my team members from copy/paste tasks at the same time reducing human-prone errors.

Cost-Benefit Analysis (Post Macro Implementation)

Intercompany Matching Report:

Activity # Description Frequency Time Consumed - Manually Time Consumed - After Automation Time Saved Time Saved Per Month
1 Total MEPS 80 80 Time Saving
2 Time per MEP per report 10 Time per MEP for both reports 60
3 Report Per MEP 2 2
4 Frequency 9 9
5 Total Time 14400 1080
6 Frequency on MEC1 1
7 Frequency on MEC2 3
8 Frequency on MEC3 5

Cost-Benefit Analysis (Post Macro Implementation)

Description

Filling RA Template

Frequency (Monthly)

132 Times

Time consumed manually

8 Minutes

Time Consumed for automated activity

1 Minutes

Total time savings per activity

7 Minutes

Total time saved Per month

924 Minutes/ 15 Hours & 24 Minutes

Description

Updating AR Aging

Frequency (Monthly)

132 Times

Time consumed manually

30 Seconds

Time Consumed for automated activity

10 Seconds

Total time savings per activity

20 Seconds

Total time saved Per month

53 Minutes

Description

Actual Payment Received

Frequency (Monthly)

4 Times

Time consumed manually

5 Minutes

Time Consumed for automated activity

0

Total time savings per activity

5 Minutes

Total time saved Per month

20 Minutes

Join our 10-day online session and learn how to automate your Excel Reports and Processes using VBA Programming. No prior programming experience needed!.

Upcoming Schedule:

  • Date:
  • Sunday, July 11
  • Time:
  • 10:00 AM - 12:30 PM (ET)

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