Renesis Tech
Renesis Tech is a dynamic technology company offering a wide range of services, including custom software development, AI-powered automation, DevOps consulting, and data analytics. The company was previously using QuickBooks for its financial operations but faced critical limitations in several areas:
- Lack of channel-wise profitability tracking, making it difficult to evaluate performance across business verticals
- Manual bank reconciliation and no real-time integration with banking platforms
- Limited support for intercompany transactions, delaying consolidated reporting and internal control
- Fragmented reporting tools and reliance on spreadsheets for performance insights
With rapid business expansion and diverse service offerings—including web and mobile app development, AI chatbot and voice solutions, DevOps infrastructure, QA & testing, and analytics dashboards—Renesis needed a scalable, integrated ERP system.
Solution Delivered by RASCO Global Solutions
To address these challenges, RASCO Global Solutions (RGS) implemented a tailored Odoo Enterprise ERP solution, replacing QuickBooks and enabling the automation of Renesis Tech’s financial ecosystem. The deployment included:
- Odoo Accounting App – Automating journal entries, intercompany transactions, and financial consolidation
- Bank Integration – Enabling real-time reconciliation and streamlined banking operations
- Profit Center Management – Enabling project-wise and channel-wise profitability insights
- Centralized Reporting – Dashboards and KPIs for decision-makers across development, AI, DevOps, and analytics units
Key Outcomes and Business Impact
Post-implementation, Renesis Tech experienced notable improvements in operational control and financial accuracy:
- Channel-level performance tracking, enabling better strategic planning across service lines
- Elimination of manual reconciliations and seamless bank integrations
- Real-time financial dashboards across projects, improving responsiveness and transparency
- Streamlined intercompany processes, accelerating monthly and quarterly closings
- Unified ERP system supporting their evolving needs in software development, AI, and cloud services
Empowering Digital Transformation at Its Core
With Odoo Enterprise ERP implemented by RASCO Global Solutions, Renesis Tech has transitioned from a siloed system to a scalable, intelligent digital core that powers its next-generation technology services. The solution lays the foundation for continued innovation and operational excellence across global markets.
