The implementation of GLASIAOUS has enabled YAO to achieve real-time and detailed business management, seamless flow of transaction data to accounting, and overall operational efficiency by taking advantage of its wide range of functions. Ms. Areerat, the manager of YAO Accountig & Administration Dept. descripts as follows: "We had no particular difficulties in transition. I thought it would take some time to get used to a new system, but GLASIAOUS is easy to use and I was able to get used to it quickly. Depreciation and amortization of fixed assets, foreign currency conversions, and reversal of prepaid expenses used to be calculated manually, but GLASIAOUS calculates them at the touch of a button, which is really convenient."
Mr. Wachara Swamin, the YAO accountant in charge of these operations, evaluates the effectiveness of GLASIAOUS in shipping arrangements and inventory control as follows: "We can select lots when we process shipments, so when we output a stock report, we can immediately see how many items are left in that lot. We can also see which lot items were sold to which customers, so we can quickly respond to inquiries from customers and sales representatives."
The new system of self-accounting has enabled the company to grasp its financial situation in real time, making it possible to make prompt management decisions based on the financial statements. In particular, we are now able to grasp the current cash flow status of Corona Disaster in real time, which has enabled us to reduce risk and improve efficiency in terms of cash management," said Mr. Kitano.
One of the advantages of GLASIAOUS is that it is a cloud service, which makes it easy to work remotely, whereas before, one had to come to the office to use the system. Mr. Kitano said, "Even with the Corona disaster, we shifted to telecommuting and were able to overcome the difficulties without losing the trust of our customers because we were able to protect the safety of our employees and did not stop shipments. Furthermore, because we were able to train our employees on how to operate online, we were able to remotely teach other members of the team how to do their jobs for backup purposes, allowing us to quickly put in place a business continuity system. As a result, we also have achieved to standard the business process," he says.
In the future, YAO plans to implement a system to create not only a profit and loss statement (PL) for the company as a whole, but also a PL for each business partner and business segment to analyze company performance in detail, including which businesses and customers are benefiting from the system. The system is currently used mainly by the administrative department, but the company hopes to expand its use so that the sales, development, and production departments can utilize the system to conduct the necessary analysis of sales and status by product.
Since the implementation of GLASIAOUS has enabled the head office to view information from overseas offices in a timely manner, we will need to consider a mechanism to link the head office accounting system and GLASIAOUS for the implementation of consolidated accounting. Therefore, we believe it will be necessary to consider a mechanism to link the head office accounting system and GLASIAOUS data in order to implement consolidated accounting. Meanwhile, YAO is looking to BBS Thailand and B-EN-G to provide further support to realize a system that will enable the company to make better decisions by further improving operational efficiency and visualizing its financial status," said Mr. Kitano.