iACCESS

iAccess is a solution developed by Arowana for a large Middle Eastern Airline. The Airline had a huge appetite for investments and it partook in several takeovers and mergers to grow their business organically. As the size increased, there was a need to maintain high levels of service and quality, which the airline was known for. The newly acquired business needed to follow existing accounting standards to bring about uniformity in the accounting system. This was problematic, as these new entities were following different accounting standards. There was a need for an automated process to eliminate human errors in parameterizing accounting standards to facilitate easier understanding and acceptance of existing standards of the parent company by the new user community.

To apply existing accounting practices and also to maintain uniformity in approach to accounting, amongst the newly companies, the Airline approached Arowana to develop a solution that will stringently adhere to the overall Corporate Compliance, with reference to access to ERP - especially in creation and use of general ledger heads and accounting practices.

The Solution termed iAccess was developed by Arowana after carefully studying the Corporate procedures. The overall aim was to inculcate discipline and uniformity in approach to transactions and accounting for all business users.

The System restricts the access privileges and enables the creation of roles and responsibilities amongst the user community. The system defines the process for setting up privileges and produces an audit trail on the activities of the Administrators and users of the system. It tracks the activities of those given the responsibilities to assign privileges to the users and also it will assist the Corporate Finance and Compliance Department to restrict the usage and set certain parameters in accessing and transacting certain General Ledger accounts.

Thus iAccess brought in more discipline and orderliness, besides enabling the Airline to integrate the accounts of the newly acquired businesses into their balance sheet and exercise uniformity and easier understanding/ implementation of accounting standards.

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