Discovery Session document for RSP Design

Company Name:RSP Design Consultants Pvt LtdDiscovery Date: 05-09-2022
Company Contact:Anandha PadmanabanDemo Date:14-09-2022
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Opportunity ID:Vertical:Services
Account Manager:Shiva ChandrashekarBusiness Type:Designing Architecture
Primary SC:Abhishek AgarwalSecondary SC: 
Prospect Information
Company name:RSP Design Consultants Pvt Ltd
Company Website:https://rspindia.net/
Primary Contact and Title:Anandha Padmanaban 
Headquarters and other locations:India Bangalore (HQ); 
Location – Bangalore , Mumbai, Gurgoan, Chennai & Hyderabad
Company description (What do they do?):RSP INDIA is design company with capabilities in-house include Master Planning, Building Planning & Design, Medical Planning, Interiors, MEP and Landscape Design Services for a wide range of projects including Residential, Commercial, IT Parks, Institutional, Hospitality, Healthcare, Retail and Industrial. 
What are your key offerings / services?Consultations in design and Project management
What are their immediate functionality requirementProject Management, Revenue Recognition, Financial Management, Fixed Assets & Procurement (Maybe)
Integration: HR & Payroll -GreytHR , Dynamics – CRM
What business problems are they trying to solve:On-Premise ERP, want to replace with Cloud
What is  Demo flow the customer is expecting SO –> Project –> Planning –> Execution –> Billing –> Rev Rec –> Project Reporting
Drivers
If this business problem is solved what will be the impact on the company:Single Source of Truth; Complete PSA solution 
Compelling factor to change systemDisparate Systems & Complete package solution with Project management & ERP
Expected timelineNext 3-4 Months
Current Environment
What all ERPs, CRM, Webstore, payroll and/or PSA in place?ERP- Epicore
CRM-Dynamics CRM
HRMS – GreytHR
Time sheets – Epicore
PSA- Epicore
Challenges with current systems?Projects , Resource management , Time & Expense management , Project profitability 
Systems that need to be replaced?PSA, Accounting
Integrations Required?Integration with HR & Payroll
General Questions
Subsidiary Structure?1 legal entity in INDIA
Business Reporting (Financial Reporting )Revenue Stream- Digital Experience Platforms, Customer Communications Management, Digital Workplace, Enterprise Solutions, Digital Engineering, Enterprise-wide Integration, Analytics, Cloud DevOps, Automation, Security Services
Number of Employees:
Number of Super (ERP) users : e.g. Project Managers, Resource Managers, Finance, ProcurementERP Finance users – 15-16
Project Managers users – 25-30
Number of Billable users (Self-service ) : for e.g. Time sheets and Expense users175-200
Key Challenges
ChallengesPSA & Finance
High Level RequirementsYES/NORemarks
Lead to Order NOUsing Dynamics CRM
Order to ProjectYES
Project Planning (Scheduling and Budgeting)YESWBS is required
Resource AllocationYES
Time & Expense ManagementYES
Project BillingYES
Revenue Recognition YESPercentage completion
Financial ConsolidationYES
Procure to PayYESLike Laptops, Office items (PR by employees) & Services too
Fixed Assets YES
Contract RenewalsNO
Usage BillingNO
Job Costing NO
NSPB ( Planning and Budgeting)NOWBS-planning & Budgeting for projects will be done in system, to come up with value/cost of the project
Multi-Book NO
Incentive management NO
Transfer PricingNO
 FinanceYES
Project process Flow 
Current Process:
How many Projects in a year ?500-600No sub-projects are created. Only 1 project will invloves different billing teams.
How are they tracking projects now?Project tracking – In EpicoreNeed to be replaced
Do they use Resource Management ?Resources – are all inhouse.Manually done by delivery team
RMG- full time person available for resource allocation using resource availability time and skills 
Time Sheet & Expense Management Time sheets and expenses – In Epicore3rd party vendors are invloved in projects about 30%
No overtime; the extra time is write-off.
Expenses- Captured at cost, Non-Billable & Billable
Overtime /Overhead cost Not required
Billing rate cards Yes
Revenue Recognition Revenue recognition is Percentage completion
Do you sell directly or do you also work with partners?NA
Project Service ItemsBuilding Planning & Design Service
Landsacpe design Service
Interior design Service
Master Planning Consultancy Service
Hybrid
MEP Design Services
BIM/REVIT
Due Diligence
Each Service Item will have its GST SAC code, which is also pulled in reports
Any other form of Billing ?Milestone Based billing. Project value/cost is first calculated. Then based on the value will define the billing schedules and assoicates them with milestones.
Billing SchdulesBased on services attached to project, billing schedules will vary

Need to haveGST  SAC codes master for all service items and SAC report on the same, which is project profitability report with SAC numbers mentioned
For Ex- Master planning will have different service item, Building Planning will have different. And so billing schedules may vary
Service Items7 with SAC codes for GST
Indirect Cost Capturing / Procurement of Services?YesVendors need to be linked to project to procure services. Items are not procured though services in terms of filling the timesheet against the projects will be done 3rd party vendors.
Allocation of Project Revenue to departmentsRequiredAllocation schdules will be linked to projects to allocate revenues to departments. Allocation schedules are 
Reveuen RecognitionNot Really, but will show and talk about compliance partOnce invoice is created, want to recognize the revenue. 
Partner / Sales Rep Commissions management Not Required  
Reporting Key Reports)Budgeted vs Actual 
Revenue Forecast Summary
Project profitability
Key Financial Reports
Cost & Revenue per resource
Employee utilization
Other Requirements ?WBS & Budgets are created for projects
Finance Requirements
Current Process:
1.Reporting dimensions and levelsYesShow report from the locations perspective. 
For e.g
p/l by sales reps /Partners
P/l by revenue stream
P/l by customer
P/l by project (May be)
P/l by services etc ?
Is their requirement  for allocation ?YesAllocation of Revenues based on fixed weightage
Amortization of prepaid expenses ?Yes
BudgetsYesCreate budgets annually entity level
Multibook requirement – only if they say the system should comply to Gaap, IFRS book keeping No
Fixed assets. – this standardYesPeriodic Depriciation
Any key critical reports in finance ?Mentioned above
AR aging and  AP agingYes
Any other ?No 
integration requirement if any ? Purpose NA
Wrap up conversation 
Who will be audience who will attend the demo ?Finance Executive team, Project Team, Delivery team
Demo flow- do you have a preference of the flow r.g. focus should be on finance first then projects , CRM not required  or vice versa Projects End to End with Finance
Any particular topics to pay attention 
Any time line for the project to go live 3-4 months  
Demo expected demo dateTBD

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