Case Study
The client is an American multinational beverage corporation. The client opted for a phased approach to implement SAP S/4HANA for their digital transformation journey.
SAP S/4HANA will provide the client with a technologically advanced ERP framework and a modern user experience to streamline their business processes and make month-end closing and reporting faster and more agile.
Key Challenges
- Misalignment of localized business processes such as local payment processes, custom reports, and asset management between different geographies.
- Quality of master data and mapping rules causing CFIN errors
- Central finance product issues
- Asset accounting reconciliation issues for local GAAP
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The scope of this release included over 300 legal entities, all countries, and over 9200 users with SAP S/4HANA becoming the book of records.
The transformation involved changing the client’s core financial elements such as profit centers, cost center, accounts, bottler locations, vendors, and customers, and implementing a new financial consolidation system. This set the foundation for a phased rollout of supply chain processes with Central Finance (CFIN) acting as the platform for underlying replication and error correction infrastructure.
Keeping both ERP Central Component (ECC) and CFIN SAP S/4HANA running in parallel provided adequate time for migration and deployment of complex business processes and integrations with third party systems.
SAP S/4HANA, CFIN, and CPAY implementation in multiple countries
Migrated business processes from a 20-year legacy system to the new platform to enable agility and innovation
Simplified communication management and integration with banks which helped automate outbound payment processes to 75 countries
Rationalized and simplified finance master data objects including key and value mapping
Enabled SAP Fiori to generate analytical reports for key financial transactions and KPIs
Adopted the agile methodology to complete builds in multiple sprints resulting in faster release for testing and the ability to incorporate changes in requirements
Benefits
Faster month-end close and real-time reporting using CFIN SAP S/4HANA
Harmonization of financial structures and master data with new GL template
Optimization of interfaces and custom code with high adoption of standard SAP S/4HANA functionality
Up to 78% reduction of profit centers resulting in accurate profit center determination, reporting and reduction of manual activities. Approximately 83% rationalization of transactional GL accounts
Standardization of payment methods and types across the globe
Simplification of payment file transmission and reconciliation process - one file for all payment types/country
Significant reduction in manual tasks and faster provision of statutory, operational, and management reporting
SAP Fiori based reports for easier reporting with excellent user experience and real-time analytical reports
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