Transformation Case Studies

Global Chart of Accounts Assessment

Client Vision: Global pharmacy chain looking to standardize their global chart of accounts across multiple business units for future SAP S/4 implementations and upgrades.

Approach:

· Review multiple charts of accounts and define a standard set of general ledger accounts representing the global perspective.
· Utilize the new SAP S/4 Universal Journal functionality for additional reporting dimensions.
· Establish guiding principles for each section of the COA.

Benefits: The global COA aligned accounting practices across divisions and reduced the manual effort to prepare the annual financial statements.

Financial Reporting Strategy

Global Chart of Accounts Assessment

Client Vision: A professional services firm wanted to define an executive reporting strategy showing the health of the business.

Approach:

· Analyze current report usage and targeted audience
· Establish persona-based organizational questions
· Collaborate with in-house developers and UX team to implement reporting dashboards using the agile methodology
· Developed a centralized dashboard showing revenue cliffs by market and/or office

Benefit: The executive dashboard aligned leaders on the health of the business and provided insights into future revenue peaks and valleys.

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Financial Master Data Management

Global Chart of Accounts Assessment

Financial Master Data Management

Client Vision: A private label food processing company needed help defining their finance master data strategy and governance as part of an ERP implementation.

Approach:

· Define a centralized master data strategy for their finance objects
· Identify and categorize finance objects in legacy environments
· Migrate finance master data to the new SAP Central Finance environment

Benefit: The master data strategy established a centralized, standardized data repository leading to improved efficiency and reliable data.