ICAI — Institute of Chartered Accountants of India
A R Shankar & Co
Proven Impact

Case Studies

Quantified outcomes across banking, telecom, chemical, and corporate sectors. Every engagement is defined by measurable results, not activity.

₹350 Cr+

Optimised

$50M

One-time saving

88%

Close reduction

23

Countries

Banking · Saudi Arabia

BFSI
Featured

Global Bank — Financial Reporting Transformation

A global bank in Saudi Arabia was operating with a 20-day monthly reporting cycle, fragmented MIS, and limited real-time visibility for senior leadership. Finance was reactive rather than decision-enabling.

Before

20 days

After

10 days

Reporting Cycle

50% reduction

Key Outcomes

  • Monthly reporting cycle reduced from 20 days to 10 days — 50% improvement
  • Standardised SOPs adopted across all finance functions
  • MIS dashboards provided real-time visibility to leadership
  • Audit-ready documentation established for regulatory compliance

Solution Applied

FP&A Automation · Management Consulting

Similar challenge?

International Banking

BFSI

Global Bank — Payment Operations Standardisation

Fragmented payment operations across multiple geographies had created compliance gaps, reconciliation backlogs, and operational risk. Leadership lacked a unified view of payment flows.

Before

Fragmented

After

Standardised

Operations

End-to-end standardisation

Key Outcomes

  • Payment operations standardised end-to-end across all channels
  • Compliance checklists deployed across all geographies
  • Governance controls and audit-ready frameworks established
  • Operational risk reduced through automated reconciliation

Solution Applied

Process Automation · Governance & Compliance

Similar challenge?

Chemical Industry · MNC

Chemical & Manufacturing
Featured

MNC Chemical Group — Cost Transformation

An MNC chemical group faced structural cost inefficiencies and vendor management gaps following a major operational disruption. The business required urgent cost rationalisation alongside rehabilitation.

Before

$0 identified

After

$50M + $500K/mo

Savings Delivered

Structural and recurring

Key Outcomes

  • $50M one-time saving through structural and vendor optimisation
  • $500K monthly recurring savings from process improvements
  • Structural audit and seismic evaluation completed end-to-end
  • Vendor onboarding and operational rehabilitation delivered

Solution Applied

Management Consulting · Process Automation

Similar challenge?

BFSI · Working Capital

BFSI

Financial Services — Cash Conversion Improvement

A financial services business was running a 90-day cash conversion cycle with deteriorating DSO metrics. Working capital pressure was limiting growth investment and straining banking relationships.

Before

90 days

After

21 days

Cash Conversion Cycle

77% reduction

Key Outcomes

  • Cash conversion cycle reduced from 90 days to 21 days
  • DSO reduced by 30 days through collections process redesign
  • Revenue assurance framework established
  • Banking relationship improved through improved cash visibility

Solution Applied

CFO Advisory · Process Automation

Similar challenge?

Telecom · 23 Countries

Telecom & BPO

Telecom Group — Multi-Country Finance Optimisation

A major telecom group operating across 23 countries needed unified annual operating plans, ERP alignment, and ₹350+ Cr in cost and revenue optimisation — alongside a post-merger integration across finance, people, and compliance.

Before

Siloed, manual

After

Unified, automated

Finance Operations

₹350 Cr+ optimised

Key Outcomes

  • Annual operating plans designed and implemented across 23 countries
  • ERP and MIS implementation at business-unit level
  • ₹350+ Cr cost and revenue optimisation delivered
  • Post-merger integration across process, people, and compliance

Solution Applied

Strategy & Planning · Management Consulting

Similar challenge?

BFSI · Financial Close

BFSI

Financial Services — Financial Close Acceleration

Monthly financial close was taking 25 days — limiting management's ability to respond quickly to business conditions and creating audit risk from stale data.

Before

25 days

After

3 days

Financial Close

88% reduction

Key Outcomes

  • Financial close accelerated from 25 days to 3 days — 88% improvement
  • Standardised close checklist and ownership model deployed
  • Automated reconciliations reduced manual touchpoints by 70%
  • Real-time close dashboard for CFO and controllers

Solution Applied

FP&A Automation · Process Automation

Similar challenge?

Outcomes are representative of specific past engagements. Past performance does not guarantee similar future results. Full references available on request, subject to confidentiality.

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