CASE STUDY
Optimizing Financial Operation for an Omani SME
The global pandemic fundamentally changed how businesses operate, compete, and grow. As Omani enterprises navigate the post-pandemic landscape, strategic planning has become more critical than ever for ensuring sustainable success.
Manual Bookkeeping Errors
Manual bookkeeping processes causing frequent errors and delays.
No Real-Time Financial Insights
Lack of real-time financial visibility affecting decision-making.
Delayed Month-End Closures
Inconsistent month-end closure procedures taking 15+ days.
Inefficient Cash Flow Management
Poor cash flow management impacting supplier relationships.
Compliance Risk Exposure
Inadequate financial controls exposing the business to compliance risks.
Delayed Financial Reporting
Difficulty in providing timely reports to investors and banks.
Objective
Transform financial operations and enhance reporting accuracy for a growing Omani manufacturing SME to support expansion plans and improve stakeholder confidence.
Strategic Impact
The client was struggling to secure additional financing for expansion due to unreliable financial reporting and poor operational transparency.
Our team conducted a thorough assessment of existing processes, identifying critical gaps in financial controls, reporting mechanisms, and operational efficiency.
We designed a customized ERP implementation plan tailored to the client's specific industry requirements and growth objectives.
3. Process Standardization
Developed standardized operating procedures for all financial processes, ensuring consistency and accuracy across operations.
Phase 1: Foundation Building
Month (1-2)
Phase 2: Process Optimization
Month (3-4)
Phase 3: Strategic Enhancement
Month (5-6)
