Customer Use Case
Multiple ERPs, one close. Live in six months.
A $7.3 billion agricultural cooperative was running multiple ERP systems. SAP EPM consolidations on SAP Analytics Cloud now carry the close, the reporting and the planning.
- Headquartered
- Bloomington, IL
- Industry
- Agricultural cooperative
- Employees
- 7,500
- Revenue
- $7.3 billion
- Live
- Six months
What was built
SAP EPM consolidations, reporting and planning on one platform
SAP EPM consolidations replaced a close that had to be assembled by hand from several ERP systems. The group now closes on one platform, and the reporting and product statements come off the same numbers.
- ConsolidationsGroup consolidation across multiple ERP systems
- ReportingManagement reporting and book publishing
- PlanningMargin planning and expense planning
- Financial reportingConsolidated reporting and product statements
A cooperative this size does not get to standardize its way out of the problem. Different businesses run different systems, and they have good reasons for it. So the work was to consolidate the result rather than force one ERP on everyone.
Margin planning and expense planning sit on the same platform as the close, which is what takes the 25 percent out of the effort to publish. Book publishing and management reporting draw on the consolidated numbers rather than a separate extract.
Live in six months, with multiple ERPs consolidated. If you want the wider picture, see the other SAP EPM customers, or read more about consolidations on SAP Analytics Cloud.
Customer Testimonials
S&C can now meet all legal entity and business unit consolidation and planning requirements.
Our team could not be more satisfied with your service...we look forward to working your team to deliver our next phase of BPC Mgmt reporting and all future phases of BPC.
I am very pleased with how the project went overall … our first consolidation has gone very smoothly. SimpleFi's accounting background and expertise were the perfect fit to help us implement significant process improvements and we are already seeing benefits from the automation of intercompany elimination processes.
A solid understanding of our current state... Combined with an outstanding consulting firm [SimpleFi] was the secret to our success.
Over 60 distinct ERP systems brought into one consolidations and FP&A process after years of acquisitions.
Retail operations across 14 states, running integrated business, workforce and liquidity planning.
[We are] way ahead of schedule on our budgeting process as compared to past years... the department is running smooth.
[SimpleFi] delivered consolidations on time and under budget.
Planning and coordination time down 25 to 35 percent, with production and financial planning in one repository.
Partnering with SimpleFi has been a success; thank you for making accounting magical again.
