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    Financial Impact Assessment
    for Mahajyoti & OBBW

    This project evaluated the economic impact and operational efficiency of the schemes by assessing ROI through cost-benefit analysis, thus guiding budgetary decisions and ensuring resource optimization.

    Key Pain Areas & Solution

    Challenges in
    Tracking Costs

    Tracking costs accurately across multiple phases or regions was challenging leading to misreporting

    Inefficiencies in Data Collection

    Regional disparities in data collection infrastructure resulted in incomplete picture of scheme impact

    Fluctuating
    External Conditions

    The schemes economic impact fluctuated due to external economic conditions making predictions of financial returns inaccurate

    Our Expert

    Empowering businesses with cutting-edge technology is our mission.

    Aniket Parulekar

    Assistant Project Manager

    Aniket Parulekar is an Assistant Project Manager at InstaLogic Solutions Pvt. Ltd. bringing over 3 years of experience in accountancy and audit within the BFSI sector. His areas of expertise include auditing (both internal and external), risk compliance, and accounting. Additionally, he has provided consulting services in accounting at a mid-sized Chartered Accountancy firm.

    Aniket has successfully led and managed teams, offering mentorship to enhance productivity and efficiency. He has also worked extensively on Social Audit and Financial Impact Assessment projects for government clients across Maharashtra, including the Maharashtra Building and Other Construction Workers Welfare Board (MBOCWW) and the Other Backward Bahujan Welfare Department (OBBW).

    His expertise in Financial Impact Assessment and auditing has led to actionable recommendations that improve the implementation and monitoring processes of these programs. His assessments have contributed to policy recommendations and the creation of detailed reports that support informed, strategic decision-making.

    Our Approach

    Scheme Data Collection, Monitoring & Reporting

    We tracked expenses and gathered beneficiary data of every scheme implemented by the department and submitted reports on region-wise ground-level impact. This helped the board predict future budgets.

    Cost Benefit Analysis

    Our team used key performance indicators (KPIs) and financial modelling to evaluate the ROIs of schemes to provide stakeholders with a clear understanding of the schemes effectiveness and guide necessary adjustments. This is to ensure schemes stay within financial constraints which maximizing their impact across the region.

    Year on Year Comparative Analysis of Schemes

    We conducted detailed analysis of Y-on-Y and six monthly comparisons of schemes along with impact study of direct and indirect costs of the schemes, so as to assess attainment of scheme objectives as also obtain key insights for future action.