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
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.
Partnering with SimpleFi has been a success; thank you for making accounting magical again.
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.
From Excel to SAP Analytics Cloud for monthly financial consolidations, reporting and data management.
S&C can now meet all legal entity and business unit consolidation and planning requirements.
I am very pleased with the results of the SAP Analytics Cloud project. It's nice to be able to dynamically view real time key business transformation in an easy to read format. The consultants from SimpleFi did an outstanding job on this project. Thanks to all!
What stood out to us about SimpleFi was the continuity of the team. The people who learned our business and vision during the sales process were the same people we worked with through design, testing, and go-live.
Kathleen KingSVP Finance & CFO
[SimpleFi] delivered consolidations on time and under budget.
