3. EVOLUTION ACHIEVEMENTS
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Corporate Overview
Incorporated with the millennium in 2000.
Established brand and strong relationship
network Latin America.
Emerging markets as focus geography.
Expertise in legacy modernization and
Mobile platforms.
Competence in developing innovative
solutions driving growth.
Strong Customer satisfaction
An early implementer of the SAP IS Retail
solution in the geography â Plaza Lama in
the Dominican republic
Created a unique Variant based
development to adapt SAP â Production
and Costing to the needs of large scale
printing businesses.
Created an entire web based and ABAP
module to mate SAP ECC 6 to the needs of
a healthcare services business including
significant automation of workflow
Successful Implementation of IS Mining in
a complex mining scenario in a record time
of under 3 months
Successful Implementation for Oil & Gas in
Upstream and Downstream operations.
Created an SAP bolt-on product (Mobile
and Web) called VECE to automate and
simplify vendor âcustomer interaction
through SAP
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Mann India â SAP Snapshot
ďą Preferred Partner for SAP IS-Banking and IS-Mining in Latin American region
ďą Deliver Solutions in SAP All-in-One & Business One for Large Enterprises &
Small & Medium Enterprises
ďą Partners in first SAP IS Mining Implementation LATAM Region in Peru
ďą Variant configuration in Security Printing in Latin America
ďą SAP Service & Channel Partner
Mann IndiaTM SAP Expertise
ďą First company in the World to implement Variant Configuration successfully in a
security printing business.
ďą First company in Colombia to implement an SAP ERP solution in a leading
Healthcare Trading Business.
ďą Service & Channel Partner
ďą Preferred Partner for SAP IS-Banking in Latin American region
ďą We have worked for PDVSA - PetrĂłleos de Venezuela S.A., the largest company in
Venezuela in the sector of Oil and Gas.
6. Mann-India SAP Service Offerings
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LINE OF SERVICE
⢠Dedicated Practice Leaders
⢠Competency Development
⢠Tools & Methodologies
⢠Training
⢠Project Management
⢠Change Management
APPLICATION
SUPPORT
⢠Help Desk
⢠Functional Support
⢠Technical Support
⢠Application Maintenance
⢠Basis Support
⢠Configuration Services
⢠Programming Services
⢠Data Conversions
⢠User Manual
⢠Training Manual
⢠Authorization
⢠Testing
⢠Programming Services
⢠Configuration Services
⢠Testing
⢠Netweaver
⢠Portal
⢠Middleware
⢠BI & BO
⢠xApps
⢠Template Design
⢠Data Conversions
⢠Regression Testing
⢠User Manual
⢠Training manual
⢠Authorization
⢠Testing
⢠Strategic
⢠Functional
⢠Technical
⢠Delta Training
⢠Testing
GLOBAL TEMPLATE
& ROLLOUT
E2E
IMPLEMENTATION
VERSION UPGRADE CUSTOM
DEVELOPMENT
ENTERPRISE
INTEGRATION
SAP ERP
SAP
Business
Suites
(SCM,
SRM,CRM,
PLM)
Technology
Netweaver,
BI/BO
7. Key Highlights of Mann-Indiaâs SAP Practice
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ďą People
⢠Product implementation coupled
with Effective Project Management
⢠Functional, ABAP and BASIS
expertise
⢠Expertise on Entire spectrum of
SAP Business suite 7.0 and product
⢠Domain expertise across industry
verticals focused by Mann-India
⢠Consultants having
implementation skills and in-depth
domain experience in Industry
⢠Consultants not only having
experience in IS (Industry Specific)
areas but also in developing and
maintaining automation systems of
the kind
ďą Processes
⢠Processes aligned to the highest
software quality standard
⢠Mature and Improvised
methodologies for SAP
Implementation / Upgrades / Roll-outs/
Migration / Maintenance
⢠Proven Mann-India Technologiesâ
customer centric Engagement
Model coupled with flexible
Delivery Model
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IFRS an Overview
ďą International Financial Reporting Standards (IFRS) are globally accepted
accounting standards established by the International Accounting Standards
Board (IASB) and its interpretative body, the International Financial Reporting
Interpretations Committee (IFRIC)
ďą Many of the standards forming IFRS are known by the older name of International
Accounting Standards (IAS).
ďą IFRS standards are destined to become the worldâs common financial reporting
language for investors, analysts and regulators.
ďą A broad range of potential high impact areas are summarized in the following list:
ď§ Property Plant and Equipment
ď§ Inventory
ď§ Financial Reporting (Planning, Budgeting and Statutory)
ď§ Segment Reporting
ď§ Consolidation Accounting/Joint Ventures
ď§ Project Accounting
ď§ Revenue Recognition
ď§ Intangible Assets
ď§ Leases
ď§ Fair Value
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Benefits to IFRS
ďą A globally accepted set of principles-based standards may offer opportunities
to consistently apply accounting standards
ďą As use of IFRS becomes more widespread, the new standards will increase
comparability for investment analysis and performance measurement
ďą IFRS in based on âprinciplesâ not rules which will provide the opportunity for
more clear representation of financial results
ďą Companies get broader access to funds leading to reduction in cost of capital
ďą Regulatory agencies promote disclosure-based systems for improved market
participation
ďą Investors get better information for decision making leading to broader
investment opportunities
ďą The same financial reporting standards across the world will provide
opportunities to simplify and centralize financial reporting processes and
functions
ďą Converting to IFRS may provide an opportunity to improve and streamline
key components of the current SAP landscapes
14. Potential Impact of IFRS on an SAP Landscape From Ernst and
Young
SAP modules Process Areas
Accounts
Receivable
Cost Element Cost Center Profit Centers Internal Orders ABC Costing
Purchase Orders Good Receipts Inventory
Purchasing Depreciation
Master
production scheduling
Accounts
Payable
Labor Material
Executions Inspections
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FI - Financial
CO - Controlling
MM â Material
Management
AC â Asset Accounting
PS â Project Systems
HR â Human Resources
PP â Production Planning
PM â Plant Maintenance
QM - Quality Management
SD â Sale and
Distribution
Management
Possible Impact
Need to investigate to determine magnitude
Source: Ernst and Young
Manufacturing industry example
Sales Tracking
Make to Order Plant Shut Down Third Party Billing
General
Ledger
Book Close Tax Consolidations SPL
Product Costing
Requisitions Bill Of Materials
Master raw
materials
Employment History Payroll Training Career Management
Down time and outages
Capacity Planning
Material requirements
planning
Shop Floor
Planning Certificates
Pricing Picking Packing Shipping
RFQ Sales Orders
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SAP Solution Portfolio for IFRS
ďą SAP Business Suite solutions are already IFRS capable
ďą SAP Business Objects solutions can also play a key role in helping organizations
transition to IFRS
ďą With the combination of SAP ERP and SAP Business Objects solutions â
ď§ SAP offers the most complete solution to support IFRS
SAP Business Suite
ďą SAP Business Suite 7
ď§ SAP ERP 6.0 â
o SAP ERP Financials
o SAP General Ledger
- Parallel Ledgers
- Asset Accounting
- Etc.
SAP Business Objects
ďą SAP Business Objects EPM and GRC Solutions
ďą SAP Business Objects
ď§ SAP Business Objects Planning and
Consolidation + IFRS Starter Kit
ď§ SAP Business Objects Financial
Information Management
ď§ SAP Business Objects XBRL Publishing
by UBmatrix
17. Options for SAP General Ledger Configuration for IFRS
Adoption
ďą Approaches available for multi-GAAP valuation within SAP ERP Financials
Approach Classic SAP General Ledger
Account Based ⢠Easiest to implement
⢠Can lead to unmanageable
COA in SAP General Ledger
Parallel Company Codes ⢠No additional functionality
planned by SAP
⢠Not a Recommend Solution
for most companies
Parallel Ledger ⢠Most transparent approach
⢠Independent set of books
⢠Future IFRS requirements
more easily accommodated
Special Ledger ⢠No additional functionality
planned by SAP
⢠Not a recommend solution
for most companies
Current recommended configuration approaches for SAP General Ledger
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19. Service Offering for IFRS adoption
We focus on participating in the assessment of business and accounting impacts to provide a
comprehensive IT strategy for achieving IFRS compliance. Our approach comprises of four key phases in
IFRS adoption:
Our Approach
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Business & Accounting
Impact
⢠Companies get
broader Access to
funds lending to
reduction in cost of
capital
⢠Regulatory agencies
promote disclosure
based system for
improved market
participation
⢠Investors get better
information for
decision making
leading to broader
investment
opportunities
IT Strategy
⢠Determine Accounting
policies and disclosure
requirements
⢠Determine needs in IT
systems and reporting
and control
procedures under
IFRS reporting
⢠Design necessary
system and procedural
changes
Implement
⢠Establish new IT
System and
procedures to handle
IFRS
⢠Document new
process flows and
control procedures
⢠Provide training on
IFRS and new
reporting procedures
⢠Complete IFRS
financial statements
and footnotes and
obtain sign-off from
auditors
Stabilize & Support
⢠Post Implementation
reviews to determine if
IFRS policies,
procedures and
controls are operating
as designed
⢠Determine if financial
close is operating in a
routine manner
⢠Implement additional
remediation and
optimization as
required
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Standard IFRS project
Phase 2
Phase 1 - Assessment Project Set-Up
Reporting Impact Evaluation & Issues
resolution
Initial Conversation Phase 3 - Embedding or Support
ď Research Financial
information
ď Initial Diagnosis
ď Definition of reporting units
ď Overall project organization
ď Estimate of financial and
system impact
ď Outline work Plan
ď Estimate of required resource
and cost
ď Define Roles and
Responsibilities
ď Create Detailed Project
Plan
ď Identify and train Project
Team
ď Communicate project
Strategy
ď Prepare Component
Evaluation
ď Identify
I. Changes to
Accounting
Policies
II. New and Additional
Information
required
ď Identify and resolve
accounting treatment
issues
ď Prepare IFRS
Adjustments
ď Post Adjustments to
reporting package
ď Prepare IFRS Financial
statements
ď System Diagnosis
ď Impact Analysis
ď Accounting Manual
ď Design New business
process
ď Process Roll Out
ď Systems Design and Build
Key Deliverables
ď Accounting and Financial
information diagnosis completed
ď Recommended project scope and
strategy
Key Deliverables
ď Decision to Proceed
ď Established
o Roles &
responsibilities
o Route Map
o Conversation Tool
o Communication
Key Deliverables
ď Issue Resolved
ď Accounting Policies Agreed
ď Systematic Development
Key Deliverables
ď Year 1 Subsidiary IFRS
Reporting
ď Year 1 Group IFRS financial
statement prepared
ď Systems modification design
completed
Key Deliverables
ď Full IFRS reporting embedded
across organization
ď Systems modification completed
Project
Preparation
Business
Blue Print
Realization
Final
Preparation
Go Live &
Support
Sustain
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Value Proposition
Mann â India Value proposition
ďą Mann-India team comprises of consultants who can leverage their understanding of IFRS
requirement and IT landscape to enable a smooth transition providing unique value adds.
ďą Established Competency: Prior Experience in Accounting reporting and technical expertise in
various well known packages
ďą One stop shop for end to end IFRS solution: Integrated technical and regulatory service. Mann-
India Provide unique benefit of business transformation leveraging IT
ďą Reduced cost of Implementation: Through Automated Methodology and Global delivery model for
executing regulatory engagements
ďą Value beyond IFRS Adaptation: reduced operational efforts through integration of people, process
and technology
22. Parque CibernÊtico, Aut. Las AmÊricas Km. 27 ½, Boca Chica
Santo Domingo
Tel: 809- 480-7772 / 809-480-8222
Private & Confidential
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Thank you
Santo Domingo- DOMINICAN REPUBLIC
Email: bd-mann@mann-india.com
Panama City- PANAMA
Edificio, Sai Sadan, Calle F, Canjerejo PANAMA
Ph: 00507 â 2413217
Caracus â VENEZUELA
Av. Francisco de Miranda, Edif. Parque Cristal. Torre
Oeste,Piso9, Oficina Sural. Los Palos Grandes, Caracas.
Ph: +58-212-2856358,+58-212-4178065
San Juan â PUERTO RICO
Mann-India Technologies Caribbean Inc.
530 Constitution Ave. San Juan, Puerto Rico 00901
Office Main: (787) 289-8733 Mobile: (787) 599-9586
New Delhi
B-267a, Greater Kailash Part-I , New Delhi-110 048 , India
Tel: +91 11 41635513-14-15
Fax: +91 11 47104710
Noida
1A/1, Sector 16A, SB Tower
Filmcity Noida, UP-201301
Tel: +91 120 4086333
Fax: +91 11 47104710