Verified inventory and fixed assets, helped with the financial transformation of a leading ophthalmic optics company

Client : One of Europe’s largest ophthalmic product manufacturers

Service Offered : Inventory Verification, Fixed Assets, Financial Transformation, Audit Support

Sector / Industry : Healthcare

Client
Objective

Our client is a world leader in ophthalmic optics and a key player in visual health, providing solutions to correct and protect the visual health of billions of people worldwide. They chose Nexdigm as its implementation partner to handle various engagements for its joint venture companies such as Inventory Verifications, Fixed Assets Verifications, Financial Transformation, and Audit Support.

Client
Solution

Our team assumed multiple roles across their Finance Function to perform various responsibilities such as:

  • Inventory Verification
  • Fixed Assets Verification
  • Audit Support
  • Financial Transformation
  • Inventory Valuation Support Service
solution
Impact
  • The remediation of internal and external audit issues and implementation of SOPs benefitted the company in achieving better compliance and controls of their operations.
  • The asset verification support helped the company in achieving the internal and external reporting compliance requirements.
  • In addition, the company was able to address and improve process gaps in their asset management processes.
  • The overall operations became more transparent, and the management had higher confidence in the numbers due to the responsibility they entrusted upon us.

Case Studies

Audit Support and Clean-up of Books of Accounts for Subsidiaries of a US-based Pharmaceutical Company

Audit Support and Clean-up of Books of Accounts for Subsidiaries of a US-based Pharmaceutical Company

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Sector / Industry Healthcare

End-to-End Digitization of multiple Cross-functional Processes

End-to-End Digitization of multiple Cross-functional Processes

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Sector / Industry Healthcare

Payroll, leaves calculation, and labor law compliances for 600+ employees

Payroll, leaves calculation, and labor law compliances for 600+ employees

Services Offered Payroll, Administration & Compliance

Sector / Industry Healthcare

Cancellation of share capital against accumulated losses and return of excess capital

Cancellation of share capital against accumulated losses and return of excess capital

Services Offered Capital Reduction

Sector / Industry Healthcare, Manufacturing

Streamlining payroll process for Zenith Technologies, a Life Sciences Automation Provider

Streamlining payroll process for Zenith Technologies, a Life Sciences Automation Provider

Services Offered Payroll, Administration and HR Compliance

Sector / Industry Healthcare, IT

Offered Audit Support to a US-based Medical Devices Company

Offered Audit Support to a US-based Medical Devices Company

Services Offered Audit Support Services

Sector / Industry Healthcare

Finance Controllership and ERP Migration Support following a Divestiture

Finance Controllership and ERP Migration Support following a Divestiture

Services Offered Financial Management

Sector / Industry Healthcare

Project Management Services for multiple countries in the APAC region supporting and enabling a smooth integration of a Business Acquisition

Project Management Services for multiple countries in the APAC region supporting and enabling a smooth integration of a Business Acquisition

Services Offered Project Management for Post Merger Integration, Business Advisory Services

Sector / Industry Healthcare

Program management for post-merger integration of an acquired business across 20+ countries in the APAC region

Program management for post-merger integration of an acquired business across 20+ countries in the APAC region

Services Offered Program Management Services for Post-Merger Integration

Sector / Industry Healthcare

Provided Audit support to one of the leading Healthcare Companies

Provided Audit support to one of the leading Healthcare Companies

Services Offered Audit Support

Sector / Industry Healthcare

Voluntary Liquidation of the Company

Voluntary Liquidation of the Company

Services Offered Voluntary Liquidation of the Company

Sector / Industry Healthcare

Set up and management of the Finance and Accounting function post a divestiture

Set up and management of the Finance and Accounting function post a divestiture

Services Offered Finance and Accounting

Sector / Industry Healthcare

Order-to-Cash process management for the Indian subsidiary of an Australian multinational

Order-to-Cash process management for the Indian subsidiary of an Australian multinational

Services Offered Finance & Accounting Management, Process Improvement

Sector / Industry Healthcare

Commercial and Operational Evaluation of 4PL Arrangement

Commercial and Operational Evaluation of 4PL Arrangement

Services Offered Supply Chain

Sector / Industry Healthcare

Warehouse Network Optimization for Rapid Point-of-Care Diagnostics Manufacturer

Warehouse Network Optimization for Rapid Point-of-Care Diagnostics Manufacturer

Services Offered Supply Chain

Sector / Industry Healthcare

Project management services for the setting-up of a distribution and replenishment hub in Singapore for the APAC region

Project management services for the setting-up of a distribution and replenishment hub in Singapore for the APAC region

Services Offered Project Management for Post Merger Integration, Business Advisory Services

Sector / Industry Healthcare

Business Plan for Hollister’s India entry strategy and manufacturing setup

Business Plan for Hollister’s India entry strategy and manufacturing setup

Services Offered Business Set-Up, Project Management, Accounting and Tax Advisory

Sector / Industry Healthcare

Contract management services including contract drafting, redlining, and negotiation

Contract management services including contract drafting, redlining, and negotiation

Services Offered Contract Management Services

Sector / Industry Healthcare

Roadmap for APAC Service & Repair Network Set

Roadmap for APAC Service & Repair Network Set

Services Offered Supply Chain, Program Management

Sector / Industry Healthcare

Provided integrated accounting, tax, and compliance support for wholly-owned Indian subsidiary

Provided integrated accounting, tax, and compliance support for wholly-owned Indian subsidiary

Services Offered Accounting, tax and compliance services

Sector / Industry Healthcare

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