A global leader in luxury

Year

2019

Duration

6 months

Location

Global

CHALLENGE

How to reduce or eliminate errors in the inter-company reconciliation and close process involving many national IT systems?

JITA SOLUTION

Design and deploy a DLT based solution as a single source of trust with which all other national IT systems can synchronize.

RESULTS
  • Initial system developed and deployed in 3 months.
  • The system successfully initiated, tracked and exported standardized reinvoicing information in three different IT systems.
  • Increased transparency and accountability and eliminated entire error categories.
  • Documented the whole inter-company process, identified many hidden complexities.
  • Handled complex scenarios involving double re-invoicing.