Retail

Dynamics AX from Microsoft proved to be global unified ERP system for COLIN’S

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The largest industrial enterprise COLIN’S has a wide range of accessories and fashionable casual wear. The retail network consists of 670 mono-brand stores in 32 countries and more than 3,000 employees. The company headquarters are in Istanbul (Turkey) and is part of Eroglu holding.

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“The market of Ukraine is very important for our company and today it represent our own retail chain with 93 stores and more than 700 employees. For successful realization of these project, we needed a reliable partner with experience in the Eastern Europe market. To make projectin Ukraine, based on the results of the tender conducted, we had selected OntargIT.” Ergin Ersin, Global Logistics and IT Director, Eroglu Group of Companies.

The main targets of the project to be announced to replace old accounting system to the modern ERP, system which allows to provide financial management capabilities along with book-keeping and tax accounting according to Ukrainian legislation

Ontargit Company has been chosen due to its wide range of qualified financial management automation services, such as:

  • Existence of Localization according to the Ukrainian legislation (for two legal entities);

  • Allocated support services responsible for localization actuality in real time mode;

  • Agreed SLA for maintenance;

  • Experienced team to lead international implementation projects’ processes.

Tasks

  • Integration with the HQ (Turkish) which allows to use single unified dictionary;

  • Contract management with contractors to control agreements’ terms execution;

  • Procurement, including freight waybills import, commodity items of foreign trade codification, indirect cost accounting;

  • Sales management (import data from the retail point of sale);

  • Cash and bank accounting, integrated with a client-banks, fixed assets accounting;

  • Warehouse operations accounting and control;

  • Book-keeping and tax accounting and reporting according to Ukrainian legislation

Results

  • Using unified dictionary decrease the numbers of mistakes and duplicates, which increase operational cross-country efficiency;

  • Single understanding of the data in every levels;

  • Decrease time to financial reporting creation;

  • Eliminate fines due to incorrect tax accounting and reporting.

Upgrade your business strength with Dynamics 365

OntargIT is an official Microsoft partner for the implementation of Dynamics 365 technologies. With our experience in various industries, we will provide an individualized approach and effective solutions that will perfectly meet the needs of your company. Leave a request now, and our team of experts will help you take advantage of all the benefits of Dynamics 365.

Upgrade your business strength with Dynamics 365

OntargIT is an official Microsoft partner for the implementation of Dynamics 365 technologies. With our experience in various industries, we will provide an individualized approach and effective solutions that will perfectly meet the needs of your company. Leave a request now, and our team of experts will help you take advantage of all the benefits of Dynamics 365.