March 16, 2024 Case Studies0 Comments
About the customer
- Customer is the largest conglomerate of Vietnam with diversified interests.
- More than 50 legal entities.
- The group is present into Real Estate, Retail, Hospitality, Education, Hospitals, Automobile etc.
SAP Technology Leveraged
- SAP BPC
- SAP BW on HANA
- SAP Intercompany Reconciliation
Solution Brief
- Implementation of BPC Consolidation and Planning.
- Mapped complex business requirements related to Consolidation of Investments, Goodwill, NCI
- Multiple GAAP reporting
- Multi-lingual reporting
- Automation of complex Notes to Accounts from SAP ERP
- Data loading from 10 SAP instances to a centralized SAP BPC consolidation system
- Detailed Inter-Company (ICR) functionality
- Implementation of complex driver-based planning scenarios on BPC Embedded
- Automation of End-to-End Planning process from Revenue Planning, OpEx Planning to P&L and Cash Flow Planning.
Outcomes
- Significant reduction in consolidation time because of seamless data integration.
- Detailed inter-company reconciliation (transactional level)
Automation of key consolidation processes such as calculation and amortization of Goodwill, NCI
- Higher accuracy because of minimal manual intervention
- Single source of truth
- Tight security and access control on sensitive financial information
- Audit Trail
