Practus’ assisted the EdTech company in ensuring zero compliance failures and monthly hard close in T+6 with an overall saving of 8 days.
| Client Name | Industry | Ownership | Management | No. of Employees | ROI On Fee | Size | Project Duration |
| MedTech | Edtech | PE Backed | Professional | 25 | 6.8x | $1 million | 12 Months |
About The Company
MedTech founded in the year 1993, is a medical education company focused on developing teaching and learning aids targeting both B2B and B2C healthcare education. The chain is PE invested.
Practus’ Role
- Developed business process flowcharts mapping ‘As-Is’ process providing a view on how these would interact with their content management and learning management systems.
- Created an ERP specification document based on each stakeholder’s/HoD’s understanding their respective expectations from the new ERP – covered sales, finance, HR, learning management system, and so on.
- Evaluated multiple CRM and ERP partners.
- Developed a comprehensive compliance calendar and reported on key compliance statuses.
Impact Delivered
- Zero compliance failures resulting in no interest and penalties.
- Ensuring monthly hard close in T+6 with an overall saving of 8 days.
- Closing all observations highlighted during due diligence by the PE investors.
- Evaluation of multiple ERP and CRM partners and shortlisting based on the main criteria.