Integrated Financial Reporting System for a Leading Port Operator
THE BACKGROUND
Our esteemed client, a preeminent port operator headquartered in the United Arab Emirates, confronted us with a pressing challenge. Serving a vast maritime sector, they manage an extensive cargo throughput, catering to a diverse range of partners from prominent shipping lines to global logistics providers. With operations sprawled over 15 international locations, each governed by distinct time zones and regulatory environments, our client faced complications rooted in their decentralized financial accounting systems.
Operating on multiple platforms, this fragmentation translated into an exhaustive monthly financial reporting process, necessitating a dedicated team's effort spanning 8-12 days to consolidate and finalize.