Project size
Monthly, quarterly and annual data collection for 1000 users and 370+ subordinate companies
100+ statutory consolidation of legal and management reports (Group and nine divisions), management reports
Company-related transaction reconciliation platform (invoice level reconciliation)
Profit and loss management analysis platform for sub-models
Comprehensive business around production, research, sales and finance related to profit and loss of sub-models
Specific project scope
Financial accounting data extraction, validation and aggregation (involving more than 20 different financial accounting system use cases, 370+ individual entities, 100+ consolidation nodes)
Linked transaction reconciliation platform (invoice level reconciliation)
Annual statutory report (100+ legal and management statements)
Single entity statements, snapshot statements, consolidated statements, management statements
Project results and benefits
Reduced cycle time for issuing monthly and annual reports
Financial management information platform (centralised information management of individual statements, consolidated statements, plan execution, performance analysis, etc.)
Standardisation of financial management (state capital supervision, industry supervision, regular audits by accounting firms, local financial standards)
Master data standardisation (COA transformation unified accounts, customer master data management)
Process-oriented profit and loss management of sub-models, covering the whole process from target management, to rolling forecasts and actual performance management
