Customer story
Twenty institutes, fourteen finance teams, one set of books
Seshadri Subbaraman came from Hyperion and was sceptical. Every quotation on this page is his, from a recorded conversation, with the timestamp it was said at.
| The trust | A 1,000-bed hospital and 13 colleges |
|---|---|
| Finance teams | Fourteen locations |
| Each one on | Its own separate Tally |
| Replaced | Nothing. Tally stayed |
| Reporting on | One institute, then twenty |
Every quotation below is his, with the timestamp it was said at.
SNR went from a monthly P&L for one institute to one for all twenty.
Who they are
SNR Sons Charitable Trust was formed in 1970 by four founding families in Coimbatore. It runs a thousand-bed super-specialty hospital and thirteen schools and colleges across four campuses, with around 21,000 students.
The problem
Finance sits in roughly fourteen locations, and each one runs its own local Tally installation. Pulling them together was slow, and most of the monthly reporting simply wasn’t happening:
“The main problems that we were trying to solve was: I need to prepare on a monthly basis approximately P&L accounts for around 20 institutes, which was actually not happening. So we were only preparing financial statements for the largest institution.” — 8:09
Replacing Tally with one big ERP was ruled out. The team knows Tally, and retraining fourteen finance teams would have taken too long.
What we did
- Built one group chart of accounts that every unit’s Tally maps to, starting from the structure FINAHQ already had and fitting it to the trust’s reporting
- Suggested the mapping for new ledgers as they were opened, so nobody had to chase them
- Left every Tally installation untouched
“In 90% of the cases the AI-driven suggestion that the tool was giving matched with the right places.” — 4:31
What changed
“We have been able to now provide management with timely reporting on what is happening in the various units of the trust.” — 8:25
Read the transcript
So the main problems that we were trying to solve was I need to prepare on a monthly basis approximately P &L accounts for around 20 institute which was actually not happening. So we were only preparing financial institutions for the largest financial statements for the largest institute. So we have been able to now provide management with timely reporting on on what is happening in the various units of the trust.
Intercompany reconciliation and the annual audited accounts are the next step, and trust disclosures are still in progress.
In his words
He spent his career with Hyperion and did not expect this to work. What won him over was the way the team worked:
“They are able to understand the financial requirements and translate that into a solution that may not be 100% ready, but at least we get a solution that we can try and then improve from there. So rather than waiting for months for a perfect solution, we generally go with a phased approach.” — 6:21
He has also offered to take a call from anyone considering FINAHQ.
Read the transcript
So keep of the good work team the friendly nature and the flexibility to you know adapt to the client needs is is your USP you shouldn't you know lose you shouldn't lose track of that as you grow and and I am happy to provide reference to any prospective client who's looking for it and and I wish them all the best in their journey.
Questions
Commonly asked
How many entities was this?
Around twenty institutes needing a monthly P&L, with finance teams in roughly fourteen locations across four campuses. Each location is a profit centre in the group chart of accounts.
Did they have to replace Tally?
No, and that was the condition. Every unit runs its own local Tally installation and the team knows it well. Replacing it would have meant retraining finance staff in fourteen places.
How long did it take?
Testing began in November and they went live in April: around seven months from first contact, on their own timetable.