Successful Dynamics 365 F&O Implementation for Freshwave Group

Successful Microsoft Dynamics 365 Finance and Operations Implementation for Freshwave Group 1

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Communications Pangea | July 28, 2020 | Dynamics 365 | Finance and Operations | 2 min read

This is a huge accomplishment for Pangea Consultants, and for our clients, Freshwave Group, this is the beginning of a better, unified way of managing and controlling business processes within Dynamics 365 F&O.

Freshwave Group is a compound of four wireless infrastructure companies, a digital colony looking for a robust, integrated system that could meet their operations and manage the financial processes of four entities in a single place. So, after our initial diagnosis and business analysis, we determined that the best solution to overcome their challenges is Microsoft Dynamics 365 Finance and Operations.

We identified the key challenges to address and the benefits they will get from the implementation of a robust, leading ERP like Microsoft Dynamics 365 Finance and Operations and stated the implementation in two phases:

  • Phase 1: Implementation for two companies (Spyder and iWireless Solutions).
  • Phase 2: Implementation for the other two companies (Stratto and Opencell that merged into a single company: StrattoOpencel).

We are thrilled to announce that the first phase was completed despite the disadvantages of the quarantine and the COVID-19 pandemic.

1. Challenges

They outgrew their former financial system that could not meet their large amounts of transactional movement. Also, as a compound of four companies, they needed to unify their financial and accounting information in a single place while meeting the statutory standards of the United Kingdom.

The key challenges we identified were the disparate systems where they used to perform different operations, lacking an effective way to analyze data.

2. Solutions

Dynamics 365 Finance and Operations replaced their disparate systems to meet and gather all operations and financial procedures like leasing, sales order, travel and expense, and more in a single environment. The two companies’ data were unified and utilizing the cloud capabilities at their fullest, enabling them to manage and control operating processes, reporting, and logistics within the company.

3. Benefits

By implementing Dynamics 365 Finance and Operations, their business can keep expanding without ever outgrowing the ERP. They gain the flexibility to integrate their systems into the Dynamics 365 environment. Most importantly, they can quickly, efficiently, and accurately control and manage their intercompany processes and consolidation processes while complying with the United Kingdom’s taxation and statutory requirements.

We are more than satisfied with the outcome of this first phase of the implementation. And we are ready to engage with the second phase!

To us, it is vital to ensure the overall satisfaction of our clients with the ERP to deliver exactly what they need and provide a good experience at all times. In times of quarantine, we could not physically meet with the client’s team and our team. However, with constant communication and building a solid relationship with the client, we could Go-Live without any setbacks.

Read more: Dynamics 365 | Finance and Operations