Singapore, 149544,
Singapore
AFON IT
AFON IT, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. AFON IT collaboration with software players such as Microsoft, Oracle and empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
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| AFON IT | Oracle | Oracle NetSuite ERP | ERP Financial | ERP |
| AFON IT | Microsoft | Microsoft Dynamics 365 Business Central | ERP Financial | ERP |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
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Banyan Tree Group | Leisure and Hospitality | 8000 | $289M | Singapore | Microsoft | Microsoft Dynamics 365 Business Central | ERP Financial | 2020 |
In 2020, Banyan Tree implemented Microsoft Dynamics 365 Business Central, classified as ERP Financial, to strengthen group finance and operational accounting. The implementation followed a migration from Microsoft Dynamics NAV and was executed with AFON IT, a long standing systems integrator for Banyan Tree since 1999, aligning the application with the companys objective to tighten data controls and support regulatory reporting for a publicly listed entity.
The deployment concentrated on core operational accounting and financial reporting capabilities within Microsoft Dynamics 365 Business Central, including built in workflow controls, standardized data entry processes, and configurable management reporting to reduce manual work and hard copy reliance. Configuration emphasized reporting flexibility to meet evolving regulatory requirements and to provide consolidated management reports for senior finance stakeholders.
Integrations focused on embedding Business Central as the primary finance system for group finance operations that span Banyan Trees global portfolio, which comprised operations in 24 countries as of 2019. AFON IT provided ongoing implementation and helpdesk support, addressing root cause technical issues and operationalizing built in workflows to improve data accuracy and reporting timeliness.
Governance changes included standardization of work processes within finance, tighter data control policies enforced through Business Central workflows, and a streamlined reporting process to reduce resource requirements for month end and regulatory deadlines. Outcomes reported in the case study include a 30% savings in resources needed for reporting and enhanced data accuracy, supported by more than 20 years of continued engagement with AFON IT.
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Naumi Hotels | Leisure and Hospitality | 200 | $40M | Singapore | Oracle | Oracle NetSuite ERP | ERP Financial | 2011 |
In 2018 Naumi Hotels implemented Oracle NetSuite ERP, selecting NetSuite OneWorld as their cloud ERP solution to support regional expansion and multi-establishment accounting. This deployment was positioned in the ERP Financial category and was chosen for its cloud native architecture, ease of use, intuitive design, and scalability, with a planned deployment window of three to five months.
The implementation focused on core financial accounting capabilities typical of ERP Financial systems, including general ledger configuration, multi-entity and multi-currency accounting, intercompany processing and consolidated reporting to manage multiple establishments in various locations. AFON was engaged during vendor selection and implementation, working to understand business needs and recommending cost effective configuration changes that aligned system design to Naumi Hotels Pte Ltd budget and operational requirements.
Operational coverage centered on the finance organization, led by the Group Financial Controller and accounting staff, to centralize financial accounting across properties and standardize accounting workflows. Governance and rollout emphasized rapid cloud provisioning of NetSuite OneWorld and configuration of entity-level financial controls, enabling Naumi Hotels to use Oracle NetSuite ERP to manage the financial accounting of multiple establishments across different locations while retaining scalability for future regional growth.
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Buyer Intent: Companies Evaluating AFON IT Services
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