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.
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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.
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