Project Management with Financial Control | HCLTech

Revolutionizing project management with comprehensive financial management

Empowering a leading agricultural company with a cutting-edge PPM solution
5 min read
Share
5 min read
Share

Our client, a leading global agribusiness and food company, is known for its innovation in agricultural products and solutions. With a vast network of producers and a commitment to sustainability, the company continually seeks to enhance its operational efficiency. Faced with the limitations of their existing project and portfolio management (PPM) tools, they turned to HCLTech to modernize their approach. This partnership aimed to overcome traditional project management constraints and embrace Agile methodologies for improved resource and financial tracking.

The Challenge

Overcoming traditional limitations for Agile success

The client faced significant challenges transitioning from a project/waterfall methodology to a hybrid product/Agile methodology. Their existing PPM solution failed to meet the Agile requirements, complicating resource and financial tracking. Key challenges faced by the client included:

  • The need to shift from project/waterfall to hybrid product/Agile methodology
  • Existing PPM solution's lack for Agile teams
  • Increasing difficulties related to tracking project resources and financial expenditures
  • Poor usability amongst primary users including finance, accounting and product managers
The Challenge

The Objective

Seeking a robust and flexible PPM solution

The client required a partner capable of delivering a flexible and integrative PPM solution to align with their Agile needs and facilitate seamless integration with existing systems. Their primary objectives included:

  • Gaining a deep understanding of project and process needs
  • Achieving flexibility, integration with Microsoft products and support for Agile methodologies
  • Minimizing development costs using low-code/no-code solutions
  • Enabling efficient resource and financial management during the Agile transition
The Objective

The Solution

Implementing Microsoft Power Platform for enhanced efficiency

HCLTech recommended replacing the existing software with , leveraging its low-code capabilities and seamless integration with Microsoft Excel and Power BI. Below are the key steps taken to help the client move toward their objectives:

  • Conducted a detailed study of requirements, recommending Power Platform
  • Integrated customized workflows to reduce data input points
  • Modular design, enhanced data analysis and reporting with Power BI
  • Ensured solution architecture's alignment with functional and service quality requirements
The Solution

The Impact

Transforming project management and financial tracking

HCLTech's solution provided a single source of truth for all project finances, enabling accurate forecasting, budgeting and cost management, while ensuring ease of future upgrades.

  • Comprehensive financial management, customizable workflows
  • Increased flexibility, reduced alignment with undesired application providers
  • Scalable tool to support evolving business processes

By implementing the Microsoft Power Platform, our client not only addressed immediate needs but also positioned themselves for future growth and agility, highlighting the significant business value and operational efficiency achieved through innovative partnerships with HCLTech.

The Impact