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MESCO Springs Witnesses Improved Business Performance With TranZact
TranZact enabled successful collaboration between teams for MESCO, by eliminating silos & empowering them with key business tools for maximizing profits.
42%
Increase in accounting efficiency
16%
Faster sales closures
61%
Increase in testing capacity
ABOUT MESCO SPRINGS
MESCO has been dealing intensively with springs since 1969 in both domestic & export markets. They offer expertise in manufacturing springs that are designed for absorbing shocks, restoring equilibrium & energizing systems. Their custom-made springs find applications in various engineering sectors like elevator, construction equipment, control valves, switchgear & circuit breakers, vibration isolation, agriculture, consumer durables, mass transportation, rail bogies & rail draft gears.
industry : Mechanical Tools & Supplies
Company Size (No. of Employees) : 10-50
Location : Andheri, Maharashtra, India
Use Case : Inventory control & accounting integration.
Challenges
- Transaction management
- Inadequate inventory control
- Complex accounting processes
Lack of Collaborative Workflows & Efficient Environment
Just like any high-growth business organization, our client MESCO grappled with complex business processes and lack of cross functional integration. Working with multiple suppliers, tracking transactions and inventory, and maintaining books on time are the primary challenges that the organization experienced as it scaled over the years.
MESCO Springs needed a solution that would align their diverse functionalities without leading to increase in capital costs.
Integrating Disparate Processes Efficiently
Our team integrated with the client's existing data & processes to enable the following functions:
✓ Maintain accurate timeline of transactions.
✓ Gain control over inventory at warehouses along with invoices & cashflow.
✓ Simultaneous evaluation of quotations from multiple suppliers.
✓ Improved reporting abilities & customer relationships.
Centralized Data Repository & Insightful Reports for Higher Transparency
With TranZact, MESCO was able to automate customer relationship management & sales closure, and enable real-time process visibility across the organization. They increased efficiency at the factory site and warehouse, along with increase in employee productivity and reduction in IT time and cost savings.
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TranZact is a team of IIT & IIM graduates who have developed a GST compliant, cloud-based, inventory management software for SME manufacturers. It digitizes your entire business operations, right from customer inquiry to dispatch. This also streamlines your Inventory, Purchase, Sales & Quotation management processes in a hassle-free user-friendly manner. The software is free to signup and gets implemented within a week.