Rishiroop Ltd. is the merged entity of Puneet Resins Ltd. and Rishiroop Rubber International Ltd.
Solutions: Marketing & Sales, Service & Support
About The Company
Rishiroop Ltd. is the merged entity of Puneet Resins Ltd. and Rishiroop Rubber International Ltd. They are into manufacturing and sale of products like Chlorub (Chlorinated Rubber) and Vinoprene & Vinoplast (NBR / PVC Blends) having global presence. Rishiroop is listed on the Bombay Stock Exchange and is recognized as the benchmark for quality in the rubber and polymer industry.
The employees of the company were managing most of the operations and transactions manually including maintaining records, follow-ups for shipments and payments.
Because of complex processes involved in exports, challenges like delays, overdue, and missed documents started to appear as the sales volume of the company increased.
There was a need to make the processes scalable.
The Driving Factor for Change
According to Director of Rishiroop, Mr. Aditya Kapoor, Rishiroop is the “Gateway to India” for global companies through partnerships in distribution, production or joint ventures. He felt that in order to stay competent in the global market, Rishiroop needed to eliminate any visible operational inefficiencies possibly caused by the complex nature of business documentation and challenges in tracking of shipments, earnings, and commissions”.
The Force of Change
EdifyBiz Indenting documentation was implemented for Rishiroop that improved the efficiency in receipts and payment cycles. The results were:
Organized daily documentation making tracking of transactions easier
Easy payment follow-ups with prompts for due payments or receipts
Fast location of the shipments that were pending or delayed
Single click information or data availability of contacts or accounts