Technology Category
- Networks & Connectivity - Gateways
- Platform as a Service (PaaS) - Application Development Platforms
Applicable Industries
- Cement
- Finance & Insurance
Use Cases
- Building Automation & Control
- Time Sensitive Networking
Services
- Cloud Planning, Design & Implementation Services
- System Integration
About The Customer
Centrio HQ primarily serves Small and Medium Enterprises (SMEs) in Malaysia. These businesses often struggle with traditional accounting processes, which involve tedious and unorganized paperwork. They also face challenges in managing their business transactions, taxation, and audits due to scattered communications across various platforms. Centrio HQ's digital accounting services provide these businesses with a seamless and efficient solution, enabling them to focus on running their businesses instead of worrying about accounting. The platform's simple and transparent pricing also makes it an affordable option for SMEs.
The Challenge
Centrio HQ, a Malaysian app, was founded to address the challenges faced by Small and Medium Enterprises (SMEs) in managing their accounting processes. The traditional accounting process was often filled with tedious and unorganized paperwork, making it difficult for businesses to keep track of their transactions, taxation, and audits. The process was also time-consuming, with businesses having to mail paper documents back and forth and communicate across various platforms such as SMS, WhatsApp, and emails. The founders of Centrio HQ, YL Chow and his partner, realized the need for a digital solution that could streamline these processes and make accounting services more efficient and affordable for SMEs.
The Solution
Centrio HQ is a virtual accountant app that provides seamless accounting services entirely on the cloud. The platform allows users to engage and experience accounting services in a fuss-free manner. Users can sign up for a plan on the platform, access their dedicated CentrioHQ dashboard, and start uploading documents such as bills, receipts, and bank statements for processing. The information on each document is then extracted via AI-driven OCR technology for speed and accuracy. The platform also provides a live chat feature for clients to communicate with their account manager and a dedicated query dashboard for requesting additional documents or clarifications. Every month or quarter, clients receive financial statements and reports informing them of their business' financial position. The dashboard also provides crucial financial information such as revenue, operating costs, accounts receivables/payables, etc.
Operational Impact
Quantitative Benefit
Case Study missing?
Start adding your own!
Register with your work email and create a new case study profile for your business.
Related Case Studies.
Case Study
System 800xA at Indian Cement Plants
Chettinad Cement recognized that further efficiencies could be achieved in its cement manufacturing process. It looked to investing in comprehensive operational and control technologies to manage and derive productivity and energy efficiency gains from the assets on Line 2, their second plant in India.
Case Study
Real-time In-vehicle Monitoring
The telematic solution provides this vital premium-adjusting information. The solution also helps detect and deter vehicle or trailer theft – as soon as a theft occurs, monitoring personnel can alert the appropriate authorities, providing an exact location.“With more and more insurance companies and major fleet operators interested in monitoring driver behaviour on the grounds of road safety, efficient logistics and costs, the market for this type of device and associated e-business services is growing rapidly within Italy and the rest of Europe,” says Franco.“The insurance companies are especially interested in the pay-per-use and pay-as-you-drive applications while other organisations employ the technology for road user charging.”“One million vehicles in Italy currently carry such devices and forecasts indicate that the European market will increase tenfold by 2014.However, for our technology to work effectively, we needed a highly reliable wireless data network to carry the information between the vehicles and monitoring stations.”
Case Study
Safety First with Folksam
The competitiveness of the car insurance market is driving UBI growth as a means for insurance companies to differentiate their customer propositions as well as improving operational efficiency. An insurance model - usage-based insurance ("UBI") - offers possibilities for insurers to do more efficient market segmentation and accurate risk assessment and pricing. Insurers require an IoT solution for the purpose of data collection and performance analysis
Case Study
Smooth Transition to Energy Savings
The building was equipped with four end-of-life Trane water cooled chillers, located in the basement. Johnson Controls installed four York water cooled centrifugal chillers with unit mounted variable speed drives and a total installed cooling capacity of 6,8 MW. Each chiller has a capacity of 1,6 MW (variable to 1.9MW depending upon condenser water temperatures). Johnson Controls needed to design the equipment in such way that it would fit the dimensional constraints of the existing plant area and plant access route but also the specific performance requirements of the client. Morgan Stanley required the chiller plant to match the building load profile, turn down to match the low load requirement when needed and provide an improvement in the Energy Efficiency Ratio across the entire operating range. Other requirements were a reduction in the chiller noise level to improve the working environment in the plant room and a wide operating envelope coupled with intelligent controls to allow possible variation in both flow rate and temperature. The latter was needed to leverage increased capacity from a reduced number of machines during the different installation phases and allow future enhancement to a variable primary flow system.
Case Study
Automated Pallet Labeling Solution for SPR Packaging
SPR Packaging, an American supplier of packaging solutions, was in search of an automated pallet labeling solution that could meet their immediate and future needs. They aimed to equip their lines with automatic printer applicators, but also required a solution that could interface with their accounting software. The challenge was to find a system that could read a 2D code on pallets at the stretch wrapper, track the pallet, and flag any pallets with unread barcodes for inspection. The pallets could be single or double stacked, and the system needed to be able to differentiate between the two. SPR Packaging sought a system integrator with extensive experience in advanced printing and tracking solutions to provide a complete traceability system.