Cracking the Code of Efficiency: Edelweiss’s Journey
from Manual Chaos to Digital Clarity
Introduction
In the high-stakes world of financial services, agility, precision, and transparency are critical for growth. Edelweiss, a leading Indian financial conglomerate with millions of clients, faced significant challenges due to outdated manual operations that slowed decision-making and increased risk exposure. To overcome these hurdles, Edelweiss partnered with Cloudesign to implement a workflow automation software solution built on Microsoft Power Platform.
The Business Challenge: Siloed Operations & Inefficiency
Fragmented Data
Deal information was scattered across Excel sheets and email chains, leading to inconsistencies
Workflow Bottlenecks
Lack of centralized tracking delayed approvals and disbursements
Manual Inefficiency
Paper-based checklists and document handling consumed valuable time and introduced errors
Weak Risk Oversight
Limited visibility made it difficult to evaluate risks consistently
These inefficiencies slowed growth, reduced productivity, and limited the company’s ability to adapt quickly in a competitive financial market.
The Solution: Custom Power App Solution for Business Process Automation
Cloudesign built a custom Power App solution using Microsoft Power Platform to digitize deal management and approvals, acting as a modern CFO checklist powered by business process automation
Solution Architecture: Comprehensive Comparison
Understanding the distinct roles and capabilities of each system component in the workflow
Comparison Factor
Custom Power App
CFO OPS Investment Checklist
Primary Functionality
Manages entire deal lifecycle; initial record-keeping to workflow automation
Specific module/final step for approvals and fund disbursement
Business Purpose
Streamlines and automates comprehensive business processes; ensures smooth info flow and timely notifications
Ensures all deal conditions met before fund release; critical compliance and control point
Operational Scope
End-to-end solution; stores/tracks thousands of deals and conditions across modules
Narrow focus on final approval and disbursement stage; 360-degree view of relevant reports
Target Users
Used by credit, operations, analysts to create, track, and manage records
Primarily by CFO and high-level authorities (CEOs) for final approvals and executive sign-offs
System Flexibility
Low-code/no-code; easily customized for specific business needs
Structured approval workflow with standardized processes; less customization
Decision-Making Role
Facilitates collaborative decision-making across multiple teams and departments
CFO approves checklist; then funds disbursed; centralizes final executive decision-making
Key Characteristics
Comprehensive deal lifecycle management Multi-departmental collaboration Customizable workflow automation Real-time tracking and notifications
Executive-level approval control Compliance and audit trail focus Centralized scattered approvals Final disbursement gateway
Business Benefits: Operational Excellence Delivered
The deployment of this financial management software created a measurable impact across Edelweiss’s operations
