The organization required a financial and project management system that can be implemented across multiple countries and for multiple currencies. They also desired a system that would be easy to setup, maintain, and license.
The organization partnered with Korcomptenz to perform a strategic study with various business process stakeholders to understand their current operations in the USA and other countries around the world. This process included detailed interview sessions, questionnaires, and other initiatives lead by Korcomptenz's strategy and technology teams.
The overall goal was to address and consolidate relevant information about their current processes and future needs:
Study and analyse current AS-IS process
The identify gaps in the current processes and systems
Best practices and regulations that need to be followed in the non-profit sector
The software systems to support financials, project, and vendor management that were currently being used
The current data in these systems that has been integrated for financial reporting
The process followed for currency conversion and other multi-country processes and concerns