Background and Statement of NeedRiordan Manufacturing, Inc. is an industry leader in the field of charge card injection molding. With facilities in San Jose, atomic number 20, Albany, tabun, Pontiac, Michigan and Hangzhou, China, Riordan has the capacity to fulfill charge card industry take ons around the world. Riordan Manufacturing is wholly owned by Riordan Industries, a Fortune 1000 enterprise.
Riordan requires replacement of unlike pay and bill systems and the deployment of a common integrated finance and be infrastructure spanning all of the Riordan Manufacturing divisions. The planned solution for this project is a newly deployed finance and accounting system for Riordan in the San Jose, California home office that will address the immediate need for reduction in overhead and complexity throughout the constitution regarding the entire scope of financial and accounting needs. During the due perseverance process in which Riordan acquired the operating entities in Michigan and Georgia the matter of F & A System?s compatibility was not addressed and has now become a blockade for integration between sites.![]()
The project goal of an ERP implementation for Riordan is to funk overhead and complexity in finance and accounting by successful deployment of a new globally integrated finance and accounting system that will lead to the following advantages for Riordan- step-down of both fixed and variable costs by 10% through reduction of wasted person-hours for ordinary finance and accounting procedures, such as accounts payable, accounts receivable, and closing of the general ledger.
- Reporting features that change audits used for compliancy purposes.
- The ERP solution will allow for modify tracking of raw materials and bills of materials. This process will provide a path for Riordan to become more competitive in the buying space through increased visibility into purchasing practices throughout the Riordan organization. This will meet the Riordan Management Team?s pass on 15% cycle...
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