Project Description
Success Story DIS | ROLEX HELLAS
Business Application: Microsoft Dynamics 365 Finance & Supply Chain Management.DIS implements the localization of the Microsoft Dynamics 365 F&O solution for Rolex Hellas and contributes to its Digital Transformation
Digital Transformation is in our DNA
The key to success lies in Microsoft’s Cloud combined with DIS’ expertise in digital transformation.
The Company
R olex, known for its unparalleled Swiss craftsmanship and commitment to quality, has cemented its position as the leading Swiss watch brand.
ROLEX HELLAS is the subsidiary of the Swiss watchmaker ROLEX. Its local Digital Transformation is being carried out in partnership with DIS, leveraging Microsoft Dynamics 365 Finance & Supply Chain Management. This transformation aims to enhance business efficiency, optimize supply chain management and ensure compliance with local tax regulations through integration with the myDATA Greece platform.
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Challenges
- Regulatory Compliance: Compliance with the myDATA platform, mandated by the Independent Authority for Public Revenue in Greece, required a robust system to handle digital tax and accounting declarations efficiently.
- Operational Inefficiencies: Prior systems were not fully optimized for real-time data processing and decision-making, impacting overall business efficiency and customer satisfaction.
- Sustainability and Accountability: As a leader in the luxury watch industry, ROLEX HELLAS needed to enhance its environmental and social impact monitoring to align with its corporate values.
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Advantages
- Enhanced Efficiency and Cost Reduction: The digital transformation led to significant improvements in operational efficiency, reducing time and costs associated with manual processes and outdated systems.
- Regulatory Compliance and Transparency: ROLEX HELLAS can now ensure full compliance with Greece’s tax laws and regulations, promoting transparency and accountability in its operations.
- Strategic Business Capabilities: With improved data analytics and operational tools, ROLEX HELLAS is better equipped to make informed decisions, stay competitive in the market, and align with long-term strategic goals.
- Alignment with Corporate Values: The technology implementation supports ROLEX’s commitment to sustainability and corporate responsibility, aligning operations with its core values.
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Solution
- Implementation of Microsoft Dynamics 365 F&SCM: The deployment of this advanced ERP solution streamlined finance and supply chain processes, incorporating powerful tools for analytics and strategic forecasting.
- Digital Compliance Tools: Integration with the myDATA platform was seamlessly achieved, ensuring that ROLEX HELLAS met all local tax and accounting requirements without compromising operational workflow.
- Data-Driven Decision Making: The solution enabled the use of real-time analytics to inform strategic decisions, enhancing operational efficiency and enabling proactive management of the supply chain.
- Sustainability Reporting: The new system provided advanced tools for monitoring and reporting on environmental and social impacts, fostering greater accountability and sustainability practices.
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