The post-merger integration services provided by Practus enabled the consumer durables manufacturer to improve the efficiency of maintenance of books in Tally and update the litigation tracker to match the in-house software.

About The Company

Green Comet is a consumer durables manufacturer with over $650 million in revenue and over 5000 stores that serves both commercial and private customers.​

Practus’ Role

The company had gone through a merger and Practus was engaged in helping them with post-merger integration. The expectations from this engagement were as follows:​

  • Procure Tally license and maintain books of accounts in Tally.​
  • Investment tracking and accruing income.​
  • Data integration from Tally to SAP.​
  • Tax refund accounting and updating tax assessment status.​
  • Carry out excise registrations for additional warehouses.​
  • Responses to scrutiny notices from VAT debt with customers.​
  • Issuing C form to vendors.​

Impact Delivered

  • Issued excise returns for all locations of the merged entity.​
  • Improved the efficiency of maintenance of books in Tally.​
  • Reconciled AR receipts and AP payments post-sale of business. ​
  • Carried out both, statutory and consolidated audits.​
  • Updated the litigation tracker to match the in-house software.​