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Enhancing OTI Processes with FIORI

Discover our success with the FIORI project – a strategic initiative revolutionizing intercompany accounting. Explore the seamless integration with SAP, unlocking real-time transparency and efficiency.

Background

Our client, a prominent global measurement and data analytics company, boasts a remarkable international presence, with operations spanning over 100 countries. With a workforce exceeding 35,000 employees worldwide, the organization serves a diverse range of industries. Given their expansive reach and multifaceted services, the efficiency of their financial processes, especially intercompany accounting, is of paramount importance.

Objective

The FIORI project aimed to enhance the intercompany accounting process by seamlessly integrating it with SAP and providing real-time transparency. The goal was to expedite month-closure, ensure compliance, improve productivity, and empower finance leaders with actionable insights.

Business Challenges

Isolated intercompany process on SharePoint, lacking SAP integration

Absence of integration resulted in unbalanced accounts affecting financial statements

Monthly closing process delays

Overwhelming intercompany transactions posed management challenges

International compliance issues

Our Solutions

Fiori Streamlined Intercompany Processes

Users Could Create, Approve, Review, and Reconcile Transactions in Real Time

Data Seamlessly Integrated With Fico for Financial Consolidation

BENIFITS

Accelerated Monthly Closures
Error Prevention
Improved Productivity
Enhanced Legal Compliance
Data-Driven Intelligence
Real-Time Analysis

Feel Free To Contact Us

We can make transformations happen together with our insight-driven thinking.

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