Go back

Financial Centralization and Group Treasury in SAP

Challenge

The Customer, operating in the Engineering & Construction sector, has expressed the need to equip itself with a Financial Centralization model by setting up a new organizational structure with responsibility for both coordinating and supervising the following processes:

  • Group Commercial Payments
  • Liquidity centralization
  • Financial operations management
  • Communication with banking counterparties
  • Group financial planning

 

The adoption of the Financial Centralization model for the management of financial processes required the review of the applications used in the AS-IS architecture of the Customer’s IT systems, as well as the implementation of a series of modules/functionalities of the SAP Treasury suite.

 

Solution

In order to meet the Customer’s requirement, Qintesi proposed the implementation of the SAP In-House Cash Module and the review of two Modules, already active by the Customer, Cash Management and Treasury & Risk Management.

In particular, the following new features have been proposed:

  1. Intercompany payments
  2. Payments by Account
  3. Cash Pooling
  4. Integration with banking counterparties via the SWIFT channel
  5. Integration with the trading platform used by the Customer
  6. Intercompany financial transactions mirroring
  7. EMIR communication
  8. Net financial planning reports

 

Furthermore, as part of the project, the treasury needs planning has been revised and adapted.

Results

Statement

A path that improved the governance of corporate financial dynamics and that has allowed the Customer’s Finance function to play a central role in the planning and management of business projects.
Alberico Marino
Executive Solution Architect Financial Supply Chain - Qintesi

Le informazioni contenute in questo documento sono di proprietà.
Copyright © 2014 Qintesi S.p.A. Tutti i diritti riservati.

  • SERVICES OFFERED
    Digital Transformation
  • IMPLEMENTED MODULES
    SAP CFM-BCM

    SAP CFM-CM

    SAP CFM-IHC

    SAP CFM-TRM
  • TAG CLOUD

Subscribe to our newsletter

Fill out the form below with your details to stay up to date on Qintesi news and events.

Subscribe to our newsletter

Fill out the form below with your details to stay up to date on Qintesi news and events.

Come realizzare un profitto sostenibile

Approfondisci i trend e le linee guida per un’impresa sostenibile