Strategy, Excellence & Innovation
Business Consulting helps clients in identifying and solving business problems, addressing growth and sustainability, executing business strategies, and making key business decisions.
Thoucentric has engaged with various Fortune 500 firms in laying out and improving key business processes, assessing current digital maturity, identifying future strategy and roadmap, and evaluating the impact of changes in the business or industry or socio-economic conditions.
Business consulting helps organizations manage their business more effectively through structured strategy formulation and execution, business process improvements, organization consulting, and product management.
Reduction of forecast closing time
Working with multiple functions such as Supply Chain and Finance in 80+ countries of a CPG firm, Thoucentric team delivered a unified P&L forecasting tool. The tool led to 20-25% improvement in forecast closing cycle and decrease in volume value disconnect.
Financial consolidation using S4/HANA
Thoucentric assisted a CPG firm to integrate multiple ERP platforms and localized systems into one S/4HANA based finance platform for Overheads management, providing real-time organization wide finance view.
Global roll-out of Coupa for P2P transformation
Thoucentric spearheaded the Procure to Pay process transformation for a CPG firm. The team managed End-to-End program, set up the service model and helped the business users in new tool adoption.
Commodity Price forecasting with higher accuracy
Combining Finance and analytics expertise, Thoucentric developed an ML powered tool for forecasting the future prices of select commodities. The tool has delivered over 99% accuracy in certain commodities and markets thus reducing human intervention for hedging & guessing transaction strike prices.