Skip to Content

Revamping ERP Operations for Elumatec with Tailored Accounting and Inventory Solutions

August 12, 2025 by
Revamping ERP Operations for Elumatec with Tailored Accounting and Inventory Solutions
KoderXpert Technologies
| No comments yet

Client Overview: Elumatec

Elumatec is a globally recognized leader in manufacturing machines and solutions for processing aluminum, PVC, and steel profiles. With decades of expertise and a footprint in over 50 countries, the company serves customers across sectors like construction, automotive, and industrial fabrication. Their machinery is known for its precision, efficiency, and reliability.

The UAE division of Elumatec plays a critical role in serving the GCC region. However, despite having an ERP system in place, the implementation—carried out by another vendor—was poorly aligned with the operational and regulatory requirements specific to Dubai. This caused reporting gaps, inaccurate inventory records, and accounting discrepancies.

To restore control and build a reliable digital backbone, Elumatec UAE partnered with KoderXpert Technologies LLP to refactor and reimplement key modules of their existing ERP system, primarily focusing on accounting, inventory, and custom reporting.

Challenges Faced

Although an ERP system existed, it was broken in critical areas. Elumatec UAE experienced the following challenges:

Non-Compliant Accounting Setup

The existing accounting structure did not follow Dubai-specific standards, including VAT handling, multi-currency rules, and audit compliance.


Inaccurate and Disorganized Inventory Records

Inventory data lacked synchronization with sales and purchase flows, leading to mismatched quantities, missing valuations, and inefficient stock planning.


Lack of Financial and Operational Reports

There were no custom reports to support financial audits, management review, or procurement decisions. Teams had to rely on spreadsheets and manual reconciliation.


Access Management Issues

User roles and permissions were not well-defined, creating risks of data leaks, unauthorized changes, and poor accountability.


Low System Trust

Due to inconsistent data and missing controls, teams hesitated to rely on ERP outputs for critical decision-making.

Challenges Faced

Although an ERP system existed, it was broken in critical areas. Elumatec UAE experienced the following challenges:

Non-Compliant Accounting Setup

The existing accounting structure did not follow Dubai-specific standards, including VAT handling, multi-currency rules, and audit compliance.


Inaccurate and Disorganized Inventory Records

Inventory data lacked synchronization with sales and purchase flows, leading to mismatched quantities, missing valuations, and inefficient stock planning.


Lack of Financial and Operational Reports

There were no custom reports to support financial audits, management review, or procurement decisions. Teams had to rely on spreadsheets and manual reconciliation.


Access Management Issues

User roles and permissions were not well-defined, creating risks of data leaks, unauthorized changes, and poor accountability.


Low System Trust

Due to inconsistent data and missing controls, teams hesitated to rely on ERP outputs for critical decision-making.

Goals & Objectives

Elumatec's leadership aimed to bring their ERP system back in
alignment with business needs. Key objectives included:

Refactor the accounting module based on Dubai VAT and 
financial compliance norms.


Implement accurate inventory valuation and synchronization.


Design and deploy custom financial and inventory reports.


Define role-based access controls and improve data security.


Rebuild system trust among users through reliability and training.

Goals & Objectives

Elumatec's leadership aimed to bring their ERP system back in alignment with business needs. Key objectives included:

Refactor the accounting module 
based on Dubai VAT and 

financial compliance norms.


Implement accurate inventory 
valuation and synchronization.


Design and deploy custom
financial and inventory reports.


Define role-based access controls and improve data security.


Rebuild system trust among users
through reliability and training.


KoderXpert Technologies LLP executed a full-scale ERP rehabilitation initiative,
covering the following deliverables:

Solution Provided by KoderXpert

Accounting Module Refactoring

 Reconfigured Dubai-specific
VAT handling.

 Defined compliant chart of accounts, journals, and tax reports.

 Implemented multi-currency support with accurate conversion tracking. 

Inventory Management Overhaul

 Cleaned existing stock records.

 Implemented real-time inventory synchronization with sales and purchase orders.

 Configured correct valuation methods and location-based tracking.

Access Management Redesign

 Mapped user roles and responsibilities across departments.

 Implemented granular role-based access to improve data security and transparency.


Custom Reports Development

Built financial reports such as:

 VAT summary & audit logs
 Journal & ledger export
 P&L and balance sheet (Dubai-compliant formats)


Developed inventory and procurement insights including:


 Aging stock
 Fast/slow-moving products
 Warehouse transfer audits

User Enablement & Documentation

 Delivered department-wise training on new workflows.

 Created documentation for future onboarding and audits.

KoderXpert Technologies LLP executed a full-scale ERP rehabilitation initiative,
covering the following deliverables:

Solution Provided by KoderXpert

Accounting Module Refactoring

 Reconfigured Dubai-specific VAT handling.

Inventory Management Overhaul

Implemented real-time inventory synchronization with sales and purchase orders.

Access Management Redesign

Mapped user roles and responsibilities across departments.

User Enablement & Documentation

Delivered department-wise training on new
workflows.

Custom Reports Development

Built financial reports
Journal & ledger export

P&L and balance sheet (Dubai-compliant formats)

Our Implementation Process

Our Implementation Process

Our Implementation Process

    System Audit & Planning

  • Assessed current implementation gaps.
  • Identified compliance, reporting, and data structure issues.
  • Created a phase-wise rectification plan.

   Accounting Redesign

  • Rebuilt charts of accounts per UAE standards.
  • Configured VAT returns and audit tracking.
  • Reconciled opening balances and adjusted entries.

   Inventory Cleanup

  • Cleansed duplicate and incorrect product records.
  • Reimported accurate quantities and valuation.
  • Mapped warehouse locations for 
    precise tracking.

   Report Development

  • Held stakeholder sessions to gather report requirements.
  • Developed financial and operational reports in Odoo.
  • Validated output through iterative testing.

   Access Management 
   & Security

  • Defined access levels per role.
  • Configured record rules and group-level restrictions.

  Training & Handover

  • Delivered training and SOPs.
  • Ensured all departments were operational before handover.

Step-1
    System Audit & Planning


Assessed current implementation gaps. Identified compliance, reporting, and data structure issues. Created a phase-wise rectification plan.

Step-2
   Accounting Redesign


Rebuilt charts of accounts per UAE standards. Configured VAT returns and audit tracking. Reconciled opening balances and adjusted entries.

Step-3
Inventory Cleanup


Cleansed duplicate and incorrect product records. Reimported accurate quantities and valuation. Mapped warehouse locations for precise tracking.

Step-4
Report Development


Held stakeholder sessions to gather report requirements. Developed financial and operational reports in Odoo. Validated output through iterative testing.

Step-5
Access Management 
& Security


Held stakeholder sessions to gather
report requirements. Developed financial and operational reports in Odoo. Validated output through iterative testing.

Step-6
Training & Handover


Delivered training and SOPs.

Ensured all departments were
operational before handover.

  Key Features Delivered

  • Dubai VAT-compliant accounting configuration
  • Multi-currency handling and financial reporting
  • Real-time inventory tracking and valuation
  • Custom financial and stock reports
  • Role-based access and audit compliance
  • Streamlined sales-purchase-inventory workflows

  Key Features
Delivered

  • Dubai VAT-compliant
    accounting configuration
  • Multi-currency handling
    and financial reporting
  • Real-time inventory tracking
    and valuation
  • Custom financial and
    stock reports
  • Role-based access and
    audit compliance
  • Streamlined sales-purchase
    -inventory workflows

Results & Impact

 Full compliance with Dubai VAT and financial norms

 Accurate inventory valuation improved procurement and planning

 100% system adoption post-training and restructuring

 Data-driven decision making via custom real-time reports

  Improved access control reduced risks and improved audit readiness

Results & Impact

 Full compliance with Dubai
VAT and financial norms

 Accurate inventory valuation improved procurement and planning

 100% system adoption post
-training and restructuring

 Data-driven decision making
via custom real-time reports

  Improved access control reduced risks and improved audit readiness


Conclusion

Through expert intervention and custom module development, KoderXpert Technologies successfully transformed Elumatec UAE’s fragmented ERP system into a robust, compliant, and user-friendly digital platform. With renewed confidence in their data and tools, Elumatec is now equipped to scale its operations across the region with precision and control.


KoderXpert continues to deliver on its promise:


Transforming Ideas into Digital Excellence.

Conclusion

Through expert intervention and custom module development, KoderXpert Technologies successfully transformed Elumatec UAE’s fragmented ERP system into a robust, compliant, and user-friendly digital platform. With renewed confidence in their data and tools, Elumatec is now equipped to scale its operations across the region with precision and control.


KoderXpert continues to
deliver on its promise:


Transforming Ideasinto Digital Excellence.

Sign in to leave a comment