In a groundbreaking achievement that redefined enterprise resource planning implementation, Mr. Amit Mangal orchestrated a comprehensive SAP S/4HANA transformation at Symbotic, revolutionizing their project-centric business processes. As the Subject Matter Expert for SAP S/4HANA ERP Project System and Revenue Recognition, Mangal led this critical initiative for the newly public company, successfully implementing sophisticated solutions without the support of a system integrator partner. The project, initiated in December 2022 following Symbotic’s public listing, emerged from the pressing need to enhance project management capabilities and ensure compliance with complex revenue recognition requirements in their warehouse automation business. Mangal’s deep understanding of both SAP S/4HANA’s capabilities and Symbotic’s unique business requirements proved instrumental in developing a solution that effectively addressed the complexities of their diverse project portfolio. At the heart of this transformation was Mangal’s innovative approach to revenue recognition compliance with ASC606 accounting standards. He architected a sophisticated dual-method revenue recognition system capable of handling the varying complexities of Symbotic’s Systems Build projects while ensuring Systems Design revenue recognition aligned perfectly with completed contract accounting principles. This nuanced implementation showcased his exceptional grasp of both technical requirements and accounting standards. The scope of the implementation encompassed comprehensive solutions for R&D capitalization […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
