Solutions
implemented
SAP Analytics Cloud
About Manila Water Manila Water Company provides water and wastewater services to over seven million people in Metro Manila’s East Zone and Rizal Province. Through an aggressive service improvement program, the company has expanded its network, reduced system losses, and improved water availability. As part of its digitalization efforts, Manila Water transitioned from Excel-based planning to SAP Analytics Cloud (SAC) for integrated planning, reporting, and analysis.
Challenges in Financial
Planning and Reporting
● Complex Scenario Modeling – Time-consuming projections for revenue,
expenses, and COGS.
● Limited Workforce Insights – Static reports lacked real-time
staffing and resource data
● Data Integration Issues – Merging data from multiple sources was
slow and error-prone.
● User Adoption Barriers – Transition from Excel required training
and change management.
● Scalability & Performance – Large datasets slowed Excel, impacting
reporting efficiency.
SAP Analytics Cloud
Implementation
● Automated Planning – Budgeting and forecasting for revenue, Opex,
COGS, and P&L.
● Workforce Optimization – Automated planning for staffing and
resource allocation.
● Financial Forecasting – Accurate balance sheet and cash flow
projections.
● Seamless Integration – SAP SuccessFactors for comprehensive
workforce analytics.
● Real-Time Insights – Interactive dashboards and instant
reporting.
● Data Synchronization – Continuous reconciliation between planning
and actual results.
● Comprehensive Reporting – 45+ input templates and 235+ reports for
management.
SAP Analytics Cloud
Implementation
● End-to-End Planning – Fully automated and integrated financial
processes.
● Rapid Implementation – Initial phases completed within six
months.
● Scalability & Efficiency – Overcame Excel limitations for large
data handling.
● Enterprise-Wide Adoption – Finance, HR, and operations now rely on
SAC.
● Smarter Decision-Making – Real-time analytics drive strategic
insights.
● On-Time Completion – Met all business objectives as
scheduled.
Driving Digital
Transformation
SAP Analytics Cloud has propelled Manila Water toward a data-driven
future, eliminating inefficiencies, enabling real-time decision-making,
and fostering collaboration. By leveraging SAC, the company enhances
financial clarity, optimizes planning, and accelerates business growth
Solutions Implemented
S/4 Hana Group Reporting
Ultra Clean Holdings, Inc. (UCT) is a leading provider of critical subsystems, components, and ultra-high purity cleaning and analytical services, primarily serving the semiconductor industry. Through its Products Division, UCT addresses various customer challenges, from subassembly manufacturing to advanced flow control solutions. The Services Division specializes in tool chamber parts cleaning, coating, and micro-contamination analysis. UCT is headquartered in Hayward, California.
To enhance its financial consolidation and reporting processes, UCT implemented S/4 HANA Group Reporting, addressing key challenges with a structured and efficient approach.
Key Challenges
● Regulatory Compliance: Ensuring adherence to global accounting standards across multiple jurisdictions.
● Scalability & Efficiency: Managing regional and accounting complexities as the company expands.
● Intercompany Transactions: Automating balance reconciliations across multiple countries and currencies.
● Accounting Method Harmonization: Administering purchase and equity methods for investments.
● Excel Limitations: Overcoming inefficiencies in manual, Excel-based consolidation.
● Data Integrity & Security: Reducing risks related to accidental data changes and unauthorized access.
The Solution: S/4 HANA Group Reporting
● Automated Planning – Budgeting and forecasting for revenue, Opex, COGS, and P&L.
● Workforce Optimization – Automated planning for staffing and resource allocation.
● Financial Forecasting – Accurate balance sheet and cash flow projections.
● Seamless Integration – SAP SuccessFactors for comprehensive workforce analytics.
● Real-Time Insights – Interactive dashboards and instant reporting.
● Data Synchronization – Continuous reconciliation between planning and actual results.
● Comprehensive Reporting – 45+ input templates and 235+ reports for management.
Project Highlights
● Automation: Reduced manual effort in legal and management consolidation.
● Offshore Delivery Model: Ensured high-quality execution within tight timelines.
● Completion in 5 Months: Achieved a fast, efficient rollout.
Key Achievements
● Regulatory Compliance: Improved transparency and accountability.
● Time Efficiency: Reduced manual reconciliation time, allowing focus on strategic tasks.
● Data Quality: Ensured high accuracy and adherence to industry standards.
● Security & Access Control: Implemented strict user permissions to minimize risks.
● Data Integrity: Built-in validation checks for accurate financial data.
● Audit Readiness: Maintained comprehensive documentation for compliance.
● Centralized Financial & Tax Reporting: A single source of truth for financial insights.
Conclusion
By leveraging S/4 HANA Group Reporting, UCT transformed its financial consolidation process, improving accuracy, efficiency, and compliance while reducing manual workload—ensuring scalable and streamlined financial operations for future growth.
Solutions Implemented
SEM Business Consolidation(BCS)
Asia Pacific Resources International Limited (APRIL Group) is one of the world's largest and most advanced producers of pulp and paper products. Its products are used daily in packaging, printing, writing paper, tissues, shopping bags, food containers, magazines, and books.
APRIL Group serves over 300 customers across multiple industries, focusing on four main commodities: palm oil, pulp and paper, oil and gas, and specialty cellulose. Its IT division, Averis, provides scalable and cost-effective business support solutions to over 40 clients.
As part of the OneSAP Implementation Program, APRIL Group migrated its SAP SEM-BCS consolidation systems into a single platform, enabling all subgroups and the main group to consolidate financials efficiently.
Key Challenges
● Regulatory Compliance: Managing global accounting standards across multiple jurisdictions.
● Scalability & Efficiency: Addressing financial consolidation challenges across various regions and frameworks.
● Operational Redundancy & Data Silos: Eliminating redundant data and inefficient workflows.
● Intercompany Transactions: Automating large-scale transactions across multiple currencies.
● Accounting Method Harmonization: Overseeing purchase and equity methods, automating NCI & OCI postings.
● Excel Limitations: Overcoming inefficiencies in handling multiple entities, currencies, and consolidation rules.
Solution: SEM-BCS on HANA
● Migrated multiple SEM-BCS systems into OneSAP.
● Consolidated legal and management functions across the organization.
● Multi-version, multi-group, multi-currency consolidation.
● Automated Intercompany Eliminations for P&L and Balance Sheet transactions.
● Investment Consolidation using purchase and equity methods.
● Activity-Based Consolidation for automated NCI & OCI calculations.
● Comprehensive Financial Reporting for pre- and post-merger financial statements.
● Consolidated Cash Flow Statements for year-to-date and periodic reporting.
Project Highlights
● Unified All Systems: Merged various SEM-BCS tools into a single HANA-based platform.
● Regulatory Compliance: Aligned statutory and management consolidation with local GAAP.
● Multi-Consolidation Areas: Tailored for diverse business requirements.
● Automated Intercompany Eliminations: Covering trade and non-trade transactions.
● Investment Consolidation Automation: Simplified calculations for group shares and consolidation activities.
● Enhanced Financial Reporting: Entity-level and consolidated reports generated via Analysis for Office.
Key Achievements
● Automated Data Integration: Seamless data loading from SAP and non-SAP systems with flexible upload options.
● Investment Consolidation: Automated first-time and subsequent consolidations, including NCI, OCI, and holding percentage calculations.
● Enhanced Reporting Capabilities: Single, reliable source for standalone and consolidated financial reports.
● Worldwide Compliance Reporting: Ensured comprehensive and smooth adherence to global accounting standards.
Conclusion
By implementing SEM-BCS on HANA, APRIL Group successfully streamlined its financial consolidation process, enhancing efficiency, automation, and compliance while eliminating manual complexities.
Solutions Implemented
SEM Business Consolidation(BCS)
CLSA, formerly Credit Lyonnais Securities Asia, is a leading investment bank and brokerage in the Asia-Pacific region. Operating as a boutique investment bank with expertise in M&A, equity, and debt offerings, CLSA serves diverse industries, including technology, healthcare, consumer goods, financial services, and energy.
To enhance financial consolidation, CLSA transitioned from manual, Excel-based accounting to SAP SEM-BCS on HANA, ensuring greater accuracy, efficiency, and scalability.
Key Challenges
● Data Integrity & Accuracy: Manual consolidation increased risks of errors, inconsistencies, and inaccuracies in financial reports.
● Complex Reporting by Segments: Consolidating financial data from multiple segments manually led to delays and inaccuracies.
● Limited Analytical Capabilities: The absence of an advanced system restricted deep financial analysis, impacting strategic decisions.
● Inconsistent Financial Reporting: A lack of a standardized model led to less reliable reports for stakeholders and investors.
● Excel Limitations: Challenges included data inconsistencies, duplication, security risks, performance issues, and version control problems.
The Solution: S/4 HANA Group Reporting
● Accurate Financial Reporting: Consolidation of legal and management entities.
● Global Support: Multi-version, multi-group, and multi-currency consolidation.
● Automated Reconciliation: Simplified intercompany eliminations.
● Deeper Financial Insights: Segment-based management reporting.
● Investment Consolidation: Purchase and equity method integration
● Activity-Based Consolidation: Automated NCI & OCI calculations.
● Comprehensive Financial Statements: Pre- and post-consolidation reporting.
Project Highlights
● End-to-End SEM-BCS Implementation: Covering both statutory & management reporting.
● Onsite & Offshore Delivery Model: Ensuring seamless implementation.
● Timely Deployment: Completed within 7 months, including subgroup integration.
● 100% System Adoption: Fully integrated across the business
Key Achievements
● Automated Intercompany Transactions: Eliminations & reconciliations significantly reduced financial discrepancies.
● Scalability for Growth: System designed to handle expanding investment portfolios and growing complexities.
● Regulatory Compliance & Transparency: Full alignment with global accounting standards and financial disclosures.
● Time-Saving Automation: Eliminated manual consolidation, enabling the finance team to focus on financial analysis & strategy.
● Enhanced Investment Tracking: Improved tracking and management of investments using General Ledger & sub-ledgers.
Conclusion
By implementing SEM-BCS on HANA, CLSA transformed its financial consolidation, achieving higher accuracy, faster processing, and better decision-making capabilities.
Solutions Implemented
SAP Analytics Cloud
Advanz Pharma is an international pharmaceutical company specializing in niche and specialized pharmaceutical products across multiple therapeutic areas, including endocrinology, urology, and critical care. Unlike large mainstream pharmaceutical firms, Advanz Pharma focuses on serving patients with unique medical needs, delivering tailored pharmaceutical solutions.
To enhance its planning, budgeting, and forecasting operations, Advanz Pharma migrated from manual, Excel-based planning to SAP Analytics Cloud (SAC). This transition enabled the company to gain real-time business insights, automate processes, and streamline workflows across the organization.
Key Challenges
● Inefficient Planning Processes-Without a dedicated planning tool, budgeting and forecasting were time-consuming and resource-intensive, leading to operational inefficiencies.
● Manual & Error-Prone Workflows-Workforce planning relied on manual processes, making it prone to errors and slowing down decision-making.
● Data Latency Issues-Decision-makers often worked with outdated information, as data updates were either manual or processed in batches, causing delays in business-critical decisions
Solution: SAP Analytics Cloud (SAC)
● Automated Financial Processes-Automated revenue, OPEX, COGS, travel costs, P&L, and manpower cost planning.
● Comprehensive Budgeting & Forecasting-All planning scenarios undergo detailed budgeting and forecasting for better financial oversight.
● Employee-Level Salary Planning-Detailed and accurate workforce cost planning, with granular breakdowns of salary components.
● Integrated Planning Modules-Seamless data flow between different planning modules, ensuring consistency and accuracy.
● Scenario-Based, Driver-Driven Planning-Adoption of dynamic, data-driven forecasting models for more accurate predictions.
● Non-SAP Data Integration-Ability to upload and integrate data from non-S/4HANA systems, expanding data accessibility.
● Market Data Enrichment-External market data integrated into SAC for deeper financial and industry insights.
Project Highlights
● First SAP Sales & Operations Planning Deployment in India’s Pharma Industry
● Full implementation completed in just 5 months
● Wide adoption across multiple regions, ensuring company-wide usage
● Integrated data flow with actuals coming from S/4HANA and plans for non-S/4HANA systems managed via Excel
Key Achievements
● Enhanced Decision-Making-Real-time analytics empower leaders to react swiftly to market changes and regulatory updates.
● Regulatory Compliance & Quality Standards-Built-in compliance tools in SAC ensure adherence to industry-specific regulations and quality standards
● Centralized Business Intelligence-A single source of truth, consolidating data from multiple sources into one unified reporting environment.
● Interactive Dashboards for Actionable Insights-Users can drill down, filter, and explore data dynamically for deeper analysis.
● Unified Analytics Platform-Integrated BI, planning, and predictive analytics in one solution, eliminating the need for multiple disconnected tools.
● Ongoing Innovation & Future-Proofing-As a cloud-based solution, SAC receives frequent updates and new features, ensuring continuous improvement and innovation.
● Centralized Financial & Tax Reporting: A single source of truth for financial insights.
Conclusion
Advanz Pharma's transition to SAP Analytics Cloud marks a significant leap in its digital transformation. By removing data silos, delivering real-time insights, and fostering a data-driven culture, SAC has enabled the company to navigate a rapidly evolving business landscape with agility and precision.
This successful implementation demonstrates the power of modern analytics in enhancing financial planning, forecasting, and decision-making, positioning Advanz Pharma for sustained growth and operational excellence.
Solutions Implemented
SAP Analytics Cloud
The National Bank of Fujairah (NBF) is a leading financial institution in the United Arab Emirates (UAE), catering primarily to corporate and commercial banking clients. With a strong commitment to ethical banking and customer trust, NBF designs tailored financial solutions to meet the diverse needs of its clientele.
To enhance its planning, analysis, and decision-making capabilities, NBF implemented SAP Analytics Cloud (SAC). This cloud-based solution addressed key business challenges and unlocked new opportunities, improving the bank’s ability to make data-driven strategic decisions.
Key Challenges
● Data Silos-Disparate data sources created fragmented views of financial performance, making it difficult to gain a holistic perspective.
● Delays in Decision-Making-Limited access to real-time financial data caused delays in decision-making processes.
● Limited Insights-The absence of real-time revenue tracking prevented the bank from proactively responding to market changes.
● Scalability Issues-As data volumes and calculations increased, performance bottlenecks affected efficiency.
● Version Control Challenges-Managing multiple versions of financial reports made it difficult to maintain data accuracy and consistency across departments
Solution: SAP Analytics Cloud (SAC)
● Automated Planning – Streamlined financial planning with automation, reducing manual effort and errors.
● Accurate Forecasting – Employee-level headcount and cost planning, ensuring precise financial projections.
● Real-Time Insights & Interactive Dashboards – Live reporting capabilities provided instant access to key business insights.
● Predictive Forecasting for Proactive Decision-Making – AI-powered forecasting enabled forward-looking financial strategies.
Project Highlights
● Completed in just 3.5 months, ensuring a rapid transition to SAC
● Seamless data integration across SAP and non-SAP systems
● Enhanced real-time analytics, enabling faster decision-making
● User-friendly dashboards, making insights accessible to all employees
● Shift from descriptive to predictive analytics, enabling proactive financial planning.
Key Achievements
● Unified Data Access: Eliminated data silos by consolidating financial data from multiple sources into a single platform.
● Live Decision-Making: Real-time analytics empowered teams to respond immediately to business insights, eliminating delays.
● User-Friendly Collaboration: SAC’s intuitive interface enabled employees across departments to create, share, and collaborate on reports and dashboards.
● AI-Driven Forecasting & Strategic Insights: Predictive analytics allowed NBF to anticipate trends, identify opportunities, and adapt to market shifts.
● Enhanced Cross-Functional Collaboration: SAC removed departmental silos, fostering a data-driven culture that improved interdepartmental cooperation.
Conclusion
The National Bank of Fujairah’s adoption of SAP Analytics Cloud showcases the transformative power of modern analytics in banking and financial services. By breaking down data silos, enabling real-time decision-making, and fostering a data-driven culture, NBF is now better equipped to navigate the evolving financial landscape with agility and precision.
This success story highlights SAP Analytics Cloud as a catalyst for change, driving operational efficiency, financial accuracy, and strategic foresight in a data-driven world.
Solutions Implemented
SEM Business Consolidation(BCS)
Philips, a leading Dutch multinational, is recognized globally for its contributions to consumer lifestyle, healthcare, and lighting solutions. Within the healthcare sector, Philips provides medical imaging systems, patient monitoring solutions, and healthcare informatics, making it a key player in the industry.
To enhance fiscal consolidation and reporting, Philips transitioned from a manual, Excel-based system to SAP SEM Business Consolidation (SEM-BCS). This shift increased efficiency, ensured consistency, and automated key financial processes, enabling a streamlined approach to consolidation and reporting.
Key Challenges
● Scalability Limitations: The legacy system was not equipped to manage large data volumes and complex consolidation requirements.
● Intercompany Transaction Management: Manual reconciliation and eliminations were time-intensive and error-prone.
● Adapting to Business Changes: Without scenario-based planning, responding to market shifts and business changes was challenging.
● Limited Transparency & Auditability: The absence of clear audit trails made regulatory compliance and internal audits difficult.
● Risk of Manual Errors: The heavy reliance on manual data entry increased the chances of errors and inconsistencies in financial reporting.
Solution: SAP SEM Business Consolidations (SEM-BCS)
● Statutory & Management Consolidation – Ensured comprehensive financial reporting across all entities.
● Segment-Based Management Reporting – Provided detailed financial insights for different business units.
● Automated Intercompany Transactions & Eliminations – Improved accuracy and efficiency in intercompany financial management.
● Data Load Automation from Multiple Sources – Seamlessly integrated financial data from various systems.
● Investment Consolidation – Supported Purchase, Equity, and Proportionate consolidation methods.
● Unified Consolidation System – Established a single system for subgroup and main group consolidations.
● BW Reporting for Financial Statements – Enabled detailed reporting at both standalone and consolidated levels.
Project Highlights
● Ensured data integrity across all business units
● Fully automated intercompany transactions, reducing manual reconciliation efforts
● Automated intercompany reconciliation reports for accurate financial reporting
● Simplified segment-based reporting, allowing efficient financial analysis across product lines
● A single consolidation platform, ensuring consistency across all entities.
● Advanced BW reporting for both standalone and consolidated financial statements.
Key Achievements
● Scalability & Future Readiness: SEM-BCS accommodates growing data volumes and evolving business needs.
● Efficient Intercompany Transaction Management: Automated reconciliations eliminated manual errors and streamlined intercompany financial management.
● Enhanced Transparency & Auditability: Built-in audit trails improved compliance with regulatory and internal control measures.
● Improved Data Accuracy & Reliability: Reduced human intervention significantly increased the precision of financial reporting.
● Long-Term Cost Efficiencies: Upfront investment in SEM-BCS led to substantial cost savings through automation and process optimization.
Conclusion
The implementation of SAP SEM-BCS fundamentally transformed Philips’ financial consolidation and reporting processes. By automating intercompany transactions, ensuring data integrity, and enhancing financial transparency, Philips established a unified financial consolidation system.
This transformation has enabled compliance with regulatory standards, improved decision-making, and strengthened long-term financial stability. Philips’ success story underscores how SAP SEM-BCS can serve as a game-changing tool for multinational corporations, helping them streamline financial operations, enhance accuracy, and future-proof their consolidation processes.
Solutions Implemented
S/4 HANA Group Reporting
Globe Telecom, Inc., a leading telecommunications provider in the Philippines, operates the country’s largest mobile network and an extensive fixed-line and broadband network across 3,000+ locations. As part of its digital transformation, Globe adopted S/4 HANA Group Reporting to streamline statutory and management financial consolidation. This initiative aimed to enhance reporting accuracy, speed, and compliance with international financial standards.
Key Challenges
● Regulatory Compliance: Ensuring adherence to global accounting standards and navigating complex international financial regulations.
● Intercompany Transaction Management: Reconciling transactions across multiple subsidiaries and business units posed a major challenge.
● Dual Accounting Systems: Managing both purchase and equity accounting methods for various types of investments.
● Data Accuracy Across Versions & Currencies: Maintaining precision and consistency when dealing with multiple reporting versions and currency conversions.
● Data Integration Complexity: Consolidating financial data from diverse systems, formats, and entities required a robust integration strategy.
Solution: S/4 HANA Group Reporting
● Unification of Legal & Managerial Financial Reporting – Ensured a single, consistent view of financial statements across the organization.
● Automated Multi-Currency & Multi-Version Consolidation – Simplified the handling of different currencies and reporting iterations.
● Intercompany Elimination Automation – Eliminated redundancies in financial reporting, improving efficiency.
● Dual Consolidation Methods: Purchase & Equity – Supported both investment consolidation approaches seamlessly.
● Activity-Based Consolidation – Automated monthly calculations for non-controlling interest (NCI) and other comprehensive income (OCI).
● Automated Intercompany Dividend Accounting – Improved accuracy in financial statements and group-level reporting.
● Pre & Post-Consolidation Financial Reporting – Provided full visibility into financial data for both legal and managerial needs.
Project Highlights
● Successful Deployment in < 6 Months (Phase 1 & Phase 2)
● Onsite & Offshore Delivery Model for seamless implementation.
● Timely Delivery, ensuring minimal business disruption
● 100% Adoption Rate across all business units
Key Achievements
● Real-Time Consolidation & Single Source of Truth: S/4 HANA Group Reporting created a centralized, real-time financial data hub, streamlining legal and management consolidation.
● Unified System for Local & Group Financial Close: A single platform now supports local and group-level financial close, including automated intercompany reconciliations.
● Automated Currency Conversion: Ensured accurate financial reporting by automatically converting currency values based on Group-level exchange rates.
● Enhanced Financial Visibility & Collaboration: Drill-down capabilities provided entity-level access to GL account balances, fostering improved financial transparency across departments.
Conclusion
The implementation of S/4 HANA Group Reporting has significantly transformed Globe Telecom’s financial consolidation process. By automating intercompany reconciliations, improving data accuracy, and enabling real-time reporting, the company now benefits from a streamlined, scalable, and future-ready financial system.
This success story demonstrates how SAP S/4 HANA Group Reporting empowers global enterprises to achieve seamless financial integration, regulatory compliance, and enhanced decision-making—reinforcing Globe Telecom’s position as a leader in digital transformation.
Solutions Implemented
SAP Analytics Cloud, S/4 HANA Group Reporting, Advanced Financial Closing
Aboitiz InfraCapital (AIC), headquartered in Cebu, Philippines, is the infrastructure arm of the Aboitiz Group, dedicated to building transformative infrastructure ecosystems. With a diverse portfolio spanning Economic Estates, Water, Digital Infrastructure, and Transport & Mobility, AIC leverages its interconnected businesses and other Aboitiz Group assets to create long-term value and drive sustainable growth.
To enhance financial operations and reporting, AIC implemented a comprehensive SAP suite, including SAP S/4HANA Group Reporting for legal and management consolidation, SAP Analytics Cloud (SAC) for planning, budgeting, and forecasting, and SAP Advanced Financial Closing (AFC) to streamline the financial close process. This initiative aims to automate financial consolidation, improve accuracy, and enhance decision-making through real-time insights.
Key Challenges
● Data Integration & Accuracy: Managing multiple versions of financial data while ensuring accuracy and reliability to prevent discrepancies.
● Intercompany Transactions: Reconciling intercompany transactions efficiently across multiple entities.
● Scalability Limits of Excel: The existing Excel-based processes struggled with large datasets and complex accounting rules.
● Complex Financial Projections: Forecasting revenue, costs, and profit margins across various scenarios was challenging.
● Static Workforce Data: Relying on static workforce data limited agility in planning and resource allocation.
● Data Collection Challenges: Consolidating data from various systems during planning cycles was inefficient and error-prone.
● Standardization of Financial Processes: Standardizing and automating financial workflows was necessary for process efficiency.
The Solution: S/4 HANA Group Reporting
● Automated Financial Consolidation – SAP S/4HANA Group Reporting automated legal and management consolidation, intercompany eliminations, and investment adjustments.
● Real-Time Financial Planning & Reporting – SAP Analytics Cloud enabled budgeting and forecasting for revenue, balance sheets, and cash flow with real-time data integration.
● Custom Dashboards & Reports – SAC delivered interactive dashboards, input templates, and financial reports for middle and senior management.
● Financial Close Automation – SAP AFC automated over 540 financial close tasks, centralized task management, and ensured compliance.
Project Highlights
● Automated Consolidation & Reporting: SAP S/4HANA Group Reporting automated end-to-end financial consolidation, eliminating manual errors.
● Integrated Reporting & Planning: Seamless integration of S/4HANA Group Reporting with SAC enabled data-driven financial planning.
● On-Time Project Delivery: The Group Reporting implementation was completed within 6 months using an offshore model.
● 100% Adoption of SAP Analytics Cloud: SAC was successfully implemented within 4 months across all business units.
● Standardized Financial Close with AFC: AFC automated over 540 close tasks, streamlining the month-end and year-end close processes.
Key Achievements
● Real-Time Consolidation & Single Source of Truth: The system provides real-time financial consolidation for both legal and management reporting.
● Unified System for Local & Group Close: A single platform manages local and group-level financial close activities, including intercompany reconciliations.
● Automated Currency Conversion & Reporting: Currency movements are seamlessly converted, ensuring accuracy across financial statements.
● Improved Collaboration & Compliance: AFC automation enhanced financial close coordination, improved regulatory compliance, and ensured audit readiness.
● Enhanced Financial Planning & Decision-Making: SAC provided real-time insights, allowing for more agile financial forecasting and decision-making.
Conclusion
By implementing SAP S/4HANA Group Reporting, SAC, and AFC, Aboitiz InfraCapital transformed its financial consolidation, planning, and closing processes. The automation of key financial workflows has led to increased efficiency, accuracy, and transparency, positioning AIC for long-term success.
This initiative reflects AIC’s commitment to digital transformation, ensuring its financial operations remain scalable, reliable, and adaptable to a rapidly evolving business landscape.
Solutions Implemented
S/4 HANA Group Reporting& SAP Analytics Cloud
TAQA (Industrialization & Energy Services) is a Saudi-based company providing energy industry products and services with a focus on sustainable and profitable growth. Through strategic acquisitions and investments, TAQA continuously expands its technological capabilities and market footprint while delivering competitive and differentiated services to its stakeholders.
As part of its digital transformation journey, TAQA has implemented SAP Group Reporting to streamline financial consolidation and enhance statutory and management reporting. This initiative aims to improve financial data accuracy, transparency, and efficiency, ensuring better decision-making and compliance across the organization.
Key Challenges
● Complex Data Collection & Integration - Aggregating financial data from multiple SAP servers and non-SAP entities.
● Intercompany Transactions & Eliminations - Managing intercompany transactions across multiple countries and currencies.
● Harmonizing Accounting Methods - Managing purchase and equity methods for investments with varying ownership percentages.
● Data Accuracy & Integrity - Preventing errors in currency conversions, eliminations, and consolidation processes.
● Reporting & Compliance - Enhancing financial and non-financial reporting with real-time, secure, and accurate data.
Solution Implemented
● Automated Financial Data Processing – GRDC Mapping: Functional areas derived using GRDC mapping, ensuring seamless data transformation from legacy to new GLs and profit centers.
● Intercompany Transactions & Eliminations – Automated eliminations for Balance Sheet (B/S) and Profit & Loss (P/L) transactions.
● Activity-Based Consolidation – Automated NCI and OCI calculations, ensuring accurate reporting across group and subsidiary views.
● Enhanced Reporting & Analytics – Live Data Reporting: Real-time financial insights through SAP Analytics Cloud (SAC) live connections.
Project Highlights
● 100% System Adoption: Full deployment and adoption across all finance and business departments.
● On-Time Implementation: Successful deployment within the planned timeline, ensuring minimal operational disruption.
● Automation of Legal Consolidation: Streamlined legal and management reporting with end-to-end automation.
● Advanced Financial Reporting in SAC: Interactive dashboards and real-time analytics enhance financial decision-making.
Key Achievements
● Time Efficiency & Process Optimization: Automating data consolidation and financial reporting reduced manual effort, enabling finance teams to focus on analysis rather than data collection.
● Access Control & Security: Implemented strict role-based access controls, ensuring data integrity and security.
● Unified Statutory & Financial Reporting: Legal and management reports now come from a single, consolidated data source.
● Interactive Dashboards for Better Decision-Making: SAC enables dynamic data exploration, filtering, and drill-down capabilities for enhanced decision-making.
● Data Validation & Accuracy: Automated data validation checks ensure accurate currency conversions, eliminations, and consolidation processes.
Conclusion
By adopting SAP Group Reporting and SAP Analytics Cloud, TAQA has transformed its financial consolidation and reporting framework. Automation, data accuracy, and real-time analytics have significantly enhanced efficiency, transparency, and decision-making capabilities.
This digital transformation positions TAQA for sustainable financial growth, ensuring compliance, scalability, and a future-ready finance ecosystem.
