Group consolidation in real time: Introduction of SAP S/4HANA Group Reporting

Client profile

Global technology group with complex intercompany relationships and high demands on the speed of consolidated financial statements.

Project type

Introduction

,

Implementation

,

SAP-Modules

S/4HANA

,

Reporting

,

FI

,

Thanks to our expertise in group reporting, we have been able to revolutionise our consolidation processes and now deliver reports at an unprecedented rate.

01.
The Challenge

The previous manual consolidation was time-consuming. Real-time transparency within the Group and parallel accounting in accordance with IFRS and US GAAP were required.

02.
The Solution

As one of the few expert teams in the DACH region, S4Digit introduced SAP Group Reporting. The focus was on data harmonization and the definition of consolidation methodology (embedded analytics).

03.
The Result

Accelerating consolidated financial statements while improving data quality through integration with Universal Journal. The compliance targets for international accounting were achieved in full.

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