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SAP Case Study

Financial Group Consolidations with SAP BPC and BW HANA Technology Solutions

Achieve seamless financial group consolidations using SAP BPC and BW HANA, enhancing accuracy, speed, and transparency in financial reporting.

Business Overview

  • Customer is the largest conglomerate of Vietnam with diversified interests
  • More than 50 legal entities
  • The group is present into Real Estate, Retail, Hospitality, Education, Hospitals, Automobile etc.

Solutions Offered

Multiple GAAP reporting

Implementation of SAP BPC for Planning and Consolidation

Multiple GAAP reporting

It ensured compliance with various accounting standards, providing accurate financial statements across different regulatory frameworks globally.

Revenue Projection

Revenue Forecasting based on Existing students, new students, extra- courses

Cashflow Projection

Cash-flow forecasting based on the school fee payment schedule (including advance and instalment payments)

Data Integration

Data loading from 10 SAP instances to a centralized SAP BPC consolidation system

Multi-lingual reporting

It enabled the business to generate reports in multiple languages, improving global communication and ensuring compliance with local regulations

Planning Automation

Automation of End-to-End Planning process from Revenue Planning, Opex Planning to P&L and Cash Flow Planning 

Notes Automation

Automation of complex Notes to Accounts from SAP ERP 

Technologies Leveraged

Business Benefits

80%

Faster insights gained at critical times, freeing up senior team members

92%

Faster transfer of ledger reporting

78%

Faster budget generation (115 days to 22 days)

97%

Of overall data volume was cut by ¾

More Benefits

  • Integrated Financial Reporting resulted consistency and accuracy in financial reporting across the entire organization.
  • Unified Chart of Accounts simplified the consolidation process and facilitates comparative analysis of financial performance across different business units.
  • Comprehensive Intercompany eliminated double counting and ensured compliance with accounting standards such as IFRS or local GAAP.
  • Advanced Currency Translation supported the conversion of financial data into a common reporting currency, facilitating global financial consolidation and reporting.
  • Significant reduction in MIS time (consolidation time) because of seamless data integration
  • Detailed inter-company reconciliation (transactional level)
  • Real-time Consolidation and Reporting eliminated the need for batch processing and reduced the time-to-close financial periods. This agility in reporting supported faster decision-making and responsiveness to market dynamics.
  • Automation of key consolidation processes such as calculation and amortization of Goodwill, NCI
  • Visibility into school-wise and overall cash-flow based on the fee payment schedule
  • Profitability analysis based on city/curriculum/ courseware
  • Higher accuracy because of minimal manual intervention
  • Single source of truth
  • Tight security and access control on sensitive financial information
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CONSULTING EXCELLENCE

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Increased Efficiency

Our solution employs advanced Object Detection techniques and computer vision algorithms to automate the inspection of steel plates, identifying defects like cracks, scratches, and dents with precision. By streamlining this process, we ensure timely intervention for maintaining high-quality standards in industrial applications.

Improved Accuracy

AI-driven inspections have revolutionized the way errors are identified and corrected in various industries. These advanced systems use machine learning algorithms to analyze vast amounts of data with unprecedented accuracy,

Cost Reduction

By identifying issues at an early stage of production, companies can address them promptly, preventing them from escalating and causing significant setbacks down the line.

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OUR PRICING

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Premium package

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  • 30 Days Free Trail
  • Unlimited Features
  • Easy Data Backup
  • Cloud Database
  • Sync to All Devices
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