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business cases

Diagnosis of reporting processes and Finance tool roadmap

Background and objectives

Major industrial group specializing in steel wire transformation

As part of a major financial transformation project, the Group wishes to optimize its Finance tools in order to significantly improve process efficiency and free up time for its teams.

Our mission

Diagnostic phase with Finance (accounting, corporate & BU controlling, treasury, consolidation…) and IT teams to understand reporting processes, tools used and irritants.

Study of a reporting factory project based in India using RPA technology

Assessment of process and tool maturity in relation to best practices

Study of a scenario to deploy SAP Centrale Finance in a multiple ERP environment

Detailed study of the tools used (SAP ECC6, BFC, PowerBI, Qliksense) in order to assess their effectiveness and user perception, make recommendations on these tools or consider complementary tools (Group Reporting, SAC, S4/Hana).

Opportunity study for a finance datalake

Review of the main reports produced at different levels (plant, country, BU, Coporate) in order to understand the construction/distribution process and identify areas for improvement/automation.

Results

Some thirty interviews conducted during the diagnostic phase

Delivery of a report containing some thirty prioritized proposals (including quick wins) to improve processes and tools

Proposal of a “finance digital transformation” roadmap for each major project

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