Case Study

Prime Lenses Pvt. Ltd., Navi Mumbai

GKB Prime Lenes, Mumbai is part of Essilor India which is the Indian Arm of Essilor Luxottica who are the World Leader in Prescription Glass in Eyewear Glass & Frames business.

Essilor India has grown exponentially in India in Organic and Inorganic way of growth by taking over many small companies who are already making their presence felt in many parts of India.

GKB Prime Lenses is one of the Entity taken over by Essilor India. 

As part of the Essilor India's plan to streamline & standardization of the Business Process of the entities taken over by Essilor India appointed KPMG and Nova Technosys to implement the same at all the entities taken over by them.

Essilor India entrusted the task of Standardization of Accounting and bring in the required control in the System to Nova Technosys along with KPMG jointly.

KPMG and Nova Technosys devised the process on Tally to Standardized their Chart of Accounts with Codes, Re-grouping of Chart of Accounts as per MIS requirements of Essilor India, Merging of Chart of Accounts where required, Cleaning up of Chart Of Accounts, then migrating the Data to reflect the newly implemented Codes to reflect in their Transactions, eliminate the discrepancy between the Ledger Balance and Bills Outstanding

Using Nova Tally the flagship customized solution from Nova Technosys on Tally.ERP as well as Tally Prime, Implemented Process like, making KYC and KYS mandatory for Customers and Suppliers without which the Transactions will not be allowed in the System, Implementation of Work Flow to control the Transactions / Limits, Linking Purchase Order to Supplier Bills and Tracking the Pending Bills at Purchase Order Level, Linking Sales Order to Customer Invoices and Tracking the Pending Invoices at Sales Order Level, Provision to attach Documents at Master and Transaction Level

Developed Interface to their Billing Application to pass on the Available Credit Limit for each Customer on daily basis for the Billing System to Stop the Billing when the Credit Limit for the Customer is crossing the set limit.

Developed Banking Module to help the User to decide the Payment against each Bill which is due for Payment and once the User completes the Payment plan the System will automatically generate the Payment Transactions and post into Tally software

Customized Nova Tally Solution is implemented at 18 Locations across different States in India and also implemented the same at the Essilor India Head Office at Bangalore.

We have hosted the Solution for all the entities on Cloud Server enabling the Branches across the Locations posting the transaction in the common server. We have consolidated the Data at Entity Level and well as the Group Level for the respective Process Owner to get an overview of the Financial Status of their entity or group at any time without any data synchronization or consolidation process.

Designed and Developed an interface to the Sales Order to Billing system developed by GKB Prime Lenses to Tally Prime to handle the e-Invoicing process through Tally Prime and send the details back to their Sales Order System.