Customer Use Case
Consolidations and reporting live in three months.
A $2 billion electrical manufacturer consolidated multiple ERP systems, including Oracle, onto SAP Analytics Cloud. SAP EPM margin planning, consolidations and reporting now run from one place.
- Headquartered
- Chicago, IL
- Industry
- Electrical manufacturing
- Employees
- 3,500
- Revenue
- $2 billion
- Live
- Three months
What was built
SAP EPM margin planning, consolidations and reporting
SAP EPM margin planning gave the business a way to model margin before committing to it, rather than reconciling it afterwards.
- ConsolidationsGroup consolidations and financial reporting across multiple ERP systems
- PlanningMargin planning and driver-based expense planning
- ModelingScenario modeling and break-even analysis
- OperationsIntercompany and production planning
Multiple ERP systems, including Oracle, feed one consolidation. Reporting and the close went live in three months, which is fast for a manufacturer of this size, and the planning work followed on the same platform.
Driver-based expense planning and scenario modeling let the team test a price or volume change and see the margin impact before the quarter starts. Break-even analysis sits alongside it, so the conversation is about the decision rather than about whose spreadsheet is right.
See the other SAP EPM customers, or read more about consolidations on SAP Analytics Cloud.
The outcome
SAP EPM margin planning, without the guesswork
Margin planning was decentralized and made transparent for the people who actually own the numbers. Consolidations and reporting went live in three months, with multiple ERP systems including Oracle feeding one process.
Customer Testimonials
Partnering with SimpleFi has been a success; thank you for making accounting magical again.
S&C can now meet all legal entity and business unit consolidation and planning requirements.
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.
Retail operations across 14 states, running integrated business, workforce and liquidity planning.
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.
[We are] way ahead of schedule on our budgeting process as compared to past years... the department is running smooth.
A solid understanding of our current state... Combined with an outstanding consulting firm [SimpleFi] was the secret to our success.
[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.
Over 60 distinct ERP systems brought into one consolidations and FP&A process after years of acquisitions.
