SharePoint Based Billing and Revenue Forecasting Application
AscenWork’s Client is one of India’s leading celebrity and sports management agencies. They help some of India’s top celebrity talent to engage strongly with their fan base. This is done by co-creating and promoting digital video content and building communities around the emerging and existing talent. The client aims at representing local talent in India and the SAARC nations and creates global opportunities in the areas of motion pictures and TV (including packaging and sales), music, commercial endorsements, sports consulting, licensing and merchandising, live events, and business development, among others. The client is India’s top celebrity management company which offers tremendous opportunities for talent across multiple platforms. In a very short period, they have intelligently scaled and diversified their business to maximize this thriving marketplace for their clients. Client’s deep network of relationships, local-market knowledge, and collaborative business philosophy make them a powerful partner in furthering existing business in India and providing clients with more opportunities.”
Timely Invoice Processing, forecasting future revenues, managing celebrity endorsements, and deals, tracking Sales and Performance division-wise were a few of the major challenges. With AscenWork Technologies – Customized Application development on SharePoint, the client has now overcome their challenges and is now having better control and grip on their Business Processes.
AscenWork Technologies developed SharePoint Invoicing Solution an end-to-end Customized Business Application. The solution is accessible to all its users from anywhere in the globe. The developed application gives the client better grip and control on all its business processes and helps and forecast revenues on Month-On-Month, Quarter-On-Quarter, and Year-On-Year basis. It also helps the client to track employee efficiency and have clarity on the entire Sales process. The application seamlessly connects Sales, Head of Department, Legal, and Finance Teams. This gives the management crystal clear picture regarding the organization and its growth.
Key Features of Invoicing Application
SharePoint Invoicing Solution for the client has enabled the entire organization to be on a single platform to track Sales, track employee performance, control Approvals and Rejections, and calculate payouts and net margins to the company. With AscenWork Technologies development efforts along with 24 x 7 SharePoint Hosting services ensures clients maintain uninterrupted business round the year.
At A Glance
What they wanted to do
• Have centralized Invoice and Sales Tracking
• Improve security & Promote teamwork
• Add more value to the business through IT
• Find a cost-effective solution
What they did
• Standardized on SharePoint based Customized Application Development
• Used end to end application development by AscenWork Technologies
• Collaborated on various processes through the application
What they accomplished
• Up to 50% reduction in costs over manual systems
• A greener footprint, Improved compliance & Email Alerts
• Automated revenue forecasting & Faster Invoice Generation against booked deals