Developing a Future-Ready Finance Capability for a Major CPG Company Using S/4HANA Central Finance
Client:
Our client is a global, multi-category consumer goods business operating in over 180 markets with 75 manufacturing facilities
Key Challenges:
- Creating a steppingstone and facilitating the treasury transition to S/4HANA
- Establishing a harmonized global data model and enabling US GAAP forecasting capability
- Building the Foundation for External P&L
Business Benefits:
- Creating single source of truth using Universal Journal and eliminated FI/CO reconciliations
- Adopted futuristic new data model that includes revised Profit Center and removal of Partner Profit Center
- Streamlined intercompany reconciliation with continuous monitoring, direct drill-through, and matching proposals
- Improved reporting with Fiori and Embedded Analytics, offering faster, BW-like functionality without data replication
