With the implementation of Microsoft Dynamics AX, the processes of managing revenue deferrals, royalty payouts, and credit & collections have been simplified and consolidated across the various Microsoft regional operating centers. This has also ensured standardized processes and controls to help enforce compliance, including regional regulatory invoicing mandates.
We are happy to have partnered with Wipro in this critical project, the project has been a success said Klaus Holse Andersen, CVP MBS Sales and Operations, Microsoft We are seeing significant productivity increases in managing revenue deferrals, royalty payouts and credit & collection processes.
The implementation of Microsoft Dynamics AX has meant that key finance and credit & collections data is now available real-time and in a single source, thus creating a more dynamic environment for the Finance, Invoicing, and Credit & Collections teams, to interact with both their internal customers and partners.
Speaking on the occasion Ms. Sangita Singh, Senior Vice President Enterprise Application Services at Wipro Technologies said, The success of this transformational project is a testimony of Wipros deep understanding of Microsofts business and our strengths on the Microsoft suite of business solutions; we will continue to invest in building these capabilities for the future.
Wipro Technologies, a division of Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application development, and maintenance services to corporations globally.
In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India, offering system integration, network integration, software solutions and IT services.
Wipro also has a profitable presence in niche market segments of consumer products and lighting. In the Asia-Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADS' are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange. For more information, please visit our websites at www.wipro.com.