Verified inventory and fixed assets, helped with the financial transformation of a leading ophthalmic optics company

Client : One of Europe’s largest ophthalmic product manufacturers

Service Offered : Inventory Verification, Fixed Assets, Financial Transformation, Audit Support

Sector / Industry : Healthcare

Client
Objective

Our client is a world leader in ophthalmic optics and a key player in visual health, providing solutions to correct and protect the visual health of billions of people worldwide. They chose Nexdigm as its implementation partner to handle various engagements for its joint venture companies such as Inventory Verifications, Fixed Assets Verifications, Financial Transformation, and Audit Support.

Client
Solution

Our team assumed multiple roles across their Finance Function to perform various responsibilities such as:

  • Inventory Verification
  • Fixed Assets Verification
  • Audit Support
  • Financial Transformation
  • Inventory Valuation Support Service
solution
Impact
  • The remediation of internal and external audit issues and implementation of SOPs benefitted the company in achieving better compliance and controls of their operations.
  • The asset verification support helped the company in achieving the internal and external reporting compliance requirements.
  • In addition, the company was able to address and improve process gaps in their asset management processes.
  • The overall operations became more transparent, and the management had higher confidence in the numbers due to the responsibility they entrusted upon us.

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