Costing Processes Restructuring in ORACLE
COMPANY:
CUSTOMER:
FUNCTION:
ROLE:
INDUSTRY:
Deloitte & Touche
San Fernando
Partner Director
Sale & Steering Committtee
Food & Consumer Business
BRIEF DESCRIPTION:
The company detected that it had had problems in its cost system that was in Oracle, and therefore, it had an important tax contingency that they had to solve. We presented and developed a project in which, through reverse engineering, we had to restructure the cost calculations from that moment 3 backwards in order to redefine the cost bases on which the balance sheets had been calculated, and quantify the impact of taxes. not paid because of those miscalculations of costs.
We arrived at the result after 2 months of exhaustive work by a team totally dedicated to this client, thus being able to determine the figures that should be taxed. The client made all the corresponding adjustments and thus avoided a multi-digit fine that would have had a strong economic / financial impact in addition to their image in the market, since they are an important player in the field of mass consumption.