Ford Business Center

Objective: To manage the fixed assets in a structured manner and to take reports on depreciation for Indian system as well as for US GAAP.

Industry: Car manufacturing industry

Challenge: Ford Business center is the Chennai office of Ford Motor Company , USA. They use spreadsheet to manage the huge asset base of their company. Ford Business center also submits monthly depreciation reports to their USA office using GAAP system. The requirement was to install a structured software to enable them to submit their monthly/annual reports on time.

Solution: Smart Assets™ was installed in Ford Business Center. A combined team of Ford’s personnel and our personnel moved their data from Spreadsheet to the software. Provision was also made to enable Ford Business Center, to depreciate the assets under the GAAP system and also submit the reports as per the Indian laws also.

Result: Using Smart Assets™ , Ford Business center is now able to take periodical reports in the shortest period of time.