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Transform Finance with SAP S/4 HANA

Company Profile

Machinery & components

The Need

The company wanted to consolidate the administrative and accounting management of the various international subsidiaries within a single group ERP system. Objectives: 

  • have consistent and “real-time” information on the financial dynamics of the parent company and foreign subsidiaries.
  • be more competitive in its markets
  • eliminate other local ERPs and the widespread use of spreadsheets sent by e-mail.

The Solution

First we equip the company with the latest-generation ERP and then extended its use to the various subsidiaries. The group began the migration to SAP S/4 HANA with the declared aim of acquiring decision-making support in real time and being more responsive to international markets. The revision of processes within the new S/4 HANA platform made it possible to:

  • View payables and receivables of the various international companies at group level

  • Take advantage of “local” modules and sub-modules that correspond to the specific needs (regulatory and functional) of the territorial branches

  • Manage your accounts and close your books easily and in real time

  • Display timely and real-time reports (Simple Finance)

  • Solicit payments automatically with different degrees of escalation

  • Create a Payment Proposal and enable payment of multiple invoices from multiple customers

  • Build up your customers’ bank database.

The Benefits


  • Single source of live data with a high degree of granularity
  •  ‘digital control tower’ provides a real-time view of financial data across the group and allows profitability analysis according to origin and production facility

  • Increased employee productivity through readily available and relevant information

  • Increased capacity for analysis and decision making through the availability of real-time data

Industry

Machinery & Components

Tech & Service

SAP ECC, SAP S/4 HANA

Process

Finance

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