Finance & Operations: Cost Control
The Challenge: Cost Control at Fortune 200 firm
A Fortune 200 company's fastest growing division faced escalating maintenance costs, unreliable processes, and poor margin visibility. Fragmented ERP modules and manual cost reporting delayed insight, leaving managers unable to understand, control spending or improve profitability.
Action: After rapid analysis Kria Advisors
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Restructured the Procure-to-Pay process, corrected master data
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Simplified ERP workflows including creating real-time reporting for purchase orders analytics, Work breakdown structure for maintenance and project work orders.
Cross Functional Teams: Developed training modules for Supply Chain, Finance, and Operations teams, ensuring consistency and accountability.
Finance stewardship: Transparency and actionable insight were strengthened through a redesigned accrual process, reducing cost lag from months to 3–4 days. A new SAP BW Business Intelligence portal gave managers live visibility into spend and cost drivers—enabling proactive decisions and waste reduction.
Work Force Upskilling: Kria Advisors developed training guides based on the ERP process map. Kria then trained Supply Chain, Finance, Operations staff and Managers over 4 months.
Result
Operating costs were reduced by 15% saving $50+ Million over 2+ years even as the division revenue grew over the period.