Business challenges

  • Manual Consolidation on Excel was very familiar by only finance manager
  • Reporting was very tedious and very cumbersome to publish

Solutions

  • Implementation of SAP BPC 10.0 NW Consolidation module starting with Legal Consolidation, then proceeding with Budget consolidation together with monthly Pre & Post management reports
  • Actual & Budget Data is being extracted into BW for entities which are on SAP ERP, whilst the remainder are uploaded via flat file

Benefits

  • A structured approach to consolidation with various business rules to perform automatic elimination
  • Consolidation process has been delegated to the accountants/accounts assistants with the finance manager reviewing the results
  • A much more flexible approach to reporting, with ‘drag/drop’ functionality
  • Foundation for BI and performance management reporting