logo
Transforming Financial Systems Through ERP Innovations by Deepesh Vinodkumar Semlani

Transforming Financial Systems Through ERP Innovations by Deepesh Vinodkumar Semlani

Hans India22-04-2025
With over 15 years of experience and a portfolio that spans industries like Solar Tech, FinTech, and Healthcare, Deepesh Vinodkumar Semlani has earned his reputation as a leading ERP Architect and Oracle Cloud Fusion Finance expert. A graduate of the National Institute of Technology, Raipur, Deepesh blends technical prowess with strategic vision to deliver transformative financial solutions.
'My passion for financial applications stems from a desire to solve complex business challenges using technology,' Deepesh shares. His background in engineering and deep understanding of finance have enabled him to lead eight Oracle Fusion Financials implementations, among other large-scale ERP initiatives.
What sets Deepesh apart is his methodical approach to implementation. 'Every project begins with a thorough Fit-Gap analysis,' he explains. 'By streamlining processes and identifying technical pain points early, we can build scalable architecture from the ground up.' His structured methodology emphasizes breaking projects into manageable parts, defining clear milestones, and maintaining regular stakeholder engagement.
One of the most intricate challenges Deepesh frequently tackles is data migration. 'Integrating legacy systems into the Oracle Cloud is never easy,' he admits. 'But with the right interface architecture and tools like FSM, we've reduced migration efforts by up to 50%, all while safeguarding data accuracy.' In one standout project, he successfully managed 23 interfaces across diverse platforms, exemplifying his command of cross-system integrations.
Deepesh believes that true success is measured beyond system go-lives. 'We track KPIs like processing time, error rates, and user adoption,' he notes. 'But we also value user satisfaction and the tangible financial impact.' His holistic approach ensures technology solutions deliver real business value.
Innovation is central to his philosophy. 'We've implemented Account Reconciliation Cloud Service (ARCS), FCCS, and even AI-driven automation for payments,' he says. These initiatives streamline financial operations and position organizations to thrive in a fast-evolving digital landscape.
Team collaboration has also been pivotal in Deepesh's journey. 'Translating technical concepts into business terms is essential,' he emphasizes. 'It ensures that everyone—from IT to finance—is aligned.' His inclusive leadership style and commitment to communication foster a shared sense of ownership and purpose.
Looking ahead, Deepesh is optimistic. 'AI, predictive analytics, and cloud-to-cloud integrations will redefine financial systems,' he predicts. 'We're also seeing a rise in ESG metrics and sustainability reporting—finance is no longer just about numbers.'
Through each engagement, Deepesh Vinodkumar Semlani brings clarity, strategy, and innovation, helping businesses navigate transformation with confidence. 'At the end of the day,' he says, 'technology is just a tool. It's how we use it to empower people and drive outcomes that truly matters.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

ARCs acquire stressed loans worth ₹16,876 cr in Q1: ARC Association
ARCs acquire stressed loans worth ₹16,876 cr in Q1: ARC Association

Business Standard

time2 days ago

  • Business Standard

ARCs acquire stressed loans worth ₹16,876 cr in Q1: ARC Association

Asset reconstruction companies (ARCs) in India acquired stressed loans worth ₹16,876 crore in the first quarter ended June 2025 (Q1FY26), marking a 22 per cent year-on-year (Y-o-Y) rise. They had acquired stressed loans — non-performing assets (NPAs) plus loans with dues up to 90 days — worth ₹13,852 crore in April–June 2024 (Q1FY25), according to data from the Association of ARCs in India. The association flagged the risk of rising stress in the system due to the likely adverse fallout of high tariffs being imposed by the US on Indian goods exports. ARCs issued security receipts (SRs) worth ₹4,388 crore in Q1FY26, up 19.3 per cent Y-o-Y from ₹3,678 crore in Q1FY25. The pace of SR redemption was higher at 22 per cent Y-o-Y. Redemptions totalled ₹7,725 crore in Q1FY26, compared to ₹6,310 crore a year earlier. This led to a contraction in outstanding SRs — considered as assets under management (AUM) — to ₹1.30 trillion at end-June 2025 from ₹1.36 trillion in June 2024. Hari Hara Mishra, chief executive officer, ARC Association, said: 'Overall Q1 performance this year was slightly better than Q1 of last year (Q1FY25). However, negative AUM continues. Things are likely to change, as pockets of stress are getting broad-based. The global uncertainty and rise of insolvency in major economies indicate stress is building up, and its contagion effect on domestic firms cannot be ruled out.' 'NPAs are cyclical and do not have a linear end. Going forward, book building at ARCs is likely to grow,' Mishra added. On SR issuance, the association said corporate SRs in Q1FY26 stood at ₹2,675 crore, down from ₹3,182 crore a year earlier. However, retail acquisitions jumped, with SRs worth ₹1,713 crore issued in Q1 compared to just ₹496 crore a year ago. The threefold rise in retail SRs provided a glimmer of hope against the decline in corporate SRs. Recovery remained robust at ₹14,046 crore in Q1FY26, compared to ₹46,621 crore for the whole of FY25. Restructuring measures were the dominant resolution strategy, accounting for 40 per cent Y-o-Y of recovery in Q1, followed by 26 per cent through settlement and 34 per cent through asset sales, the association said.

Indian ARCs acquire stressed loans worth ₹16,876 crore in Q1 FY26
Indian ARCs acquire stressed loans worth ₹16,876 crore in Q1 FY26

Business Standard

time2 days ago

  • Business Standard

Indian ARCs acquire stressed loans worth ₹16,876 crore in Q1 FY26

Asset reconstruction companies (ARCs) in India acquired stressed loans worth Rs 16,876 crore in the first quarter ended June 2025 (Q1FY26), marking a 22 per cent year-on-year (Y-o-Y) growth. They had acquired stressed loans — non-performing assets (NPAs) plus loans with dues of up to 90 days — worth Rs 13,852 crore in April–June 2024 (Q1FY25), according to data from the Association of ARCs in India. The association flagged the risk of rising stress in the system due to the adverse fallout of high tariffs on Indian exports. Security receipts (SRs) issued in Q1FY26 stood at Rs 4,388 crore, up 19.3 per cent Y-o-Y from Rs 3,678 crore in Q1FY25. The pace of SR redemption in Q1 was higher at 22 per cent Y-o-Y, with absolute redemptions amounting to Rs 7,725 crore, up from Rs 6,310 crore a year ago. This led to a contraction in outstanding SRs — considered assets under management (AUM) — to Rs 1.30 trillion at end-June 2025 from Rs 1.36 trillion a year earlier. Hari Hara Mishra, Chief Executive Officer, ARC Association, said: 'Overall Q1 performance this year was slightly better than Q1 of last year (Q1FY25). However, negative AUM continues. Things are likely to change, as pockets of stress are getting broad-based. Global uncertainty and rising insolvency in major economies indicate stress is building up, and its contagion effect on domestic firms cannot be ruled out.' 'NPAs are cyclical and do not have a linear end. Going forward, book building at ARCs is likely to grow,' Mishra added. Corporate SR issuance in Q1FY26 stood at Rs 2,675 crore, down from Rs 3,182 crore a year ago. However, retail acquisitions surged, with SR issuance at Rs 1,713 crore in Q1 compared to just Rs 496 crore a year earlier — a threefold jump that provides a glimmer of hope against the decline in corporate SRs. Recovery remained robust at Rs 14,046 crore in Q1FY26, against Rs 46,621 crore for the whole of FY25. Restructuring continued to be the dominant resolution strategy, accounting for 40 per cent Y-o-Y in recovery in Q1, followed by settlement at 26 per cent and asset sales at 34 per cent, the association added.

PNB to sell NPAs worth up to Rs 5,000 crore to ARCs, eyes 50% minimum recovery; sets Rs 30 lakh crore business target
PNB to sell NPAs worth up to Rs 5,000 crore to ARCs, eyes 50% minimum recovery; sets Rs 30 lakh crore business target

Time of India

time6 days ago

  • Time of India

PNB to sell NPAs worth up to Rs 5,000 crore to ARCs, eyes 50% minimum recovery; sets Rs 30 lakh crore business target

Punjab National Bank (PNB), the country's second-largest public sector lender, has identified more than 100 non-performing asset (NPA) accounts for sale to asset reconstruction companies (ARCs) during the current financial year in a bid to strengthen recoveries. 'More than 100 accounts we have identified... the book size will be somewhere around Rs 4,000–5,000 crore. That is the outstanding book (for sale to ARCs),' PNB Managing Director and CEO Ashok Chandra told PTI. On the likely realisation from the sale, Chandra said, 'We expect to recover something in the range of 40–50 per cent minimum. Through that route also, we are expecting a good recovery should happen this financial year.' He added that while some accounts may yield 100% recovery due to strong security cover, others could fetch less, making the overall expected recovery average around 40–50%. Chandra outlined that the bank has devised strategies to achieve a milestone of Rs 30 lakh crore in total business by the end of the current financial year. As of June 30, 2025, PNB's total business rose 11.6% year-on-year to Rs 27.19 lakh crore, followed closely by Bank of Baroda at Rs 26.43 lakh crore and Canara Bank at Rs 25.64 lakh crore. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like With temperatures hitting 95°F, this is the mini air conditioner everyone's buying in the U.S News of the Discovery Undo 'We have a target of Rs 29.56 lakh crore for the current financial year. We may do better than our target and can touch Rs 30 lakh crore by March next year, but let me add that we are very mindful that whatever the top line we are going to build, it should add profit to my bank,' Chandra said. Highlighting the focus on profitability, he noted that the bank recorded its highest-ever quarterly operating profit of Rs 7,081 crore in Q1 FY26. 'Whether it is deposit mobilisation or the corporate loan book, everything should add to the bottom line of the bank. That is the reason bulk deposits have been brought down and corporate deposits curtailed to a great extent,' he explained. For FY26, PNB is targeting credit growth of 11–12% and deposit growth of 9–10%. The lender has a strong corporate loan pipeline of Rs 1.29 lakh crore in various disbursement stages. Chandra said the bank has shed low-yielding corporate advances and is focusing on loans that contribute significantly to operating profit, with corporate loan growth expected to be in double digits from Q2 onwards. PNB has also strengthened corporate lending processes, promising borrowers decisions within 15 days for proposals reaching the head office. It has created a dedicated project finance cell headed by a General Manager to push infrastructure lending. In the MSME segment, growth is currently 17–18% and is expected to continue, while retail loans in housing, vehicle, and education are projected to grow at 17%. Agriculture remains a key focus area, with self-help group lending expected to grow 30–40% this year, benefitting small and marginal farmers and contributing to priority sector lending. The bank is also prioritising food processing and rural infrastructure such as godowns and cold storage. To promote lending, it regularly holds loan outreach programmes for MSME, agriculture, and other sectors. Stay informed with the latest business news, updates on bank holidays , public holidays , current gold rate and silver price .

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store