Dhanush team takes immense pride in announcing the successful deployment of Hyperion Financial Management solution for Airtel Africa. Dhanush team tailored the application to suit Airtel Africa’s complex business needs with different holding percentages, minority interest component, inter-company eliminations, and consolidation process. The solution was implemented in a mere span of eight months across 17 Airtel OpCo’s (Operating Countries) comprising of both Anglophone and Francophone entities, across Africa.
With all the OpCo’s gone live on the solution, Dhanush is successful in extenuating business pain areas of Airtel Africa which were:
- Streamlining Financial Reporting at an organizational level, as the inbound data was sourced from 17 OpCo’s comprising of 123 different entities with 24 different currencies
- IFRS compliance to all financial reports with challenges in application connectivity and correctness of chart of accounts from each of the 17 OpCos
- Change in entity and account hierarchy due to different holding patterns, new acquisitions, addition and re-classification of accounts leading to ever changing account mapping between ERP’s to Hyperion Chart of Accounts
Dhanush also extended its training services to Airtel Africa end user community i.e. both Anglophone and Francophone users, in order to ensure that the enterprise becomes self-sustained and is future ready.
