{"id":13591,"date":"2022-01-10T14:42:09","date_gmt":"2022-01-10T13:42:09","guid":{"rendered":"https:\/\/www.qintesi.com\/?post_type=portfolio&#038;p=13591"},"modified":"2022-05-04T17:29:09","modified_gmt":"2022-05-04T15:29:09","slug":"treasury-workstation-in-sap-s-4hana-operational-financial-and-centralized-treasury","status":"publish","type":"portfolio","link":"https:\/\/www.qintesi.com\/en\/portfolio\/treasury-workstation-in-sap-s-4hana-operational-financial-and-centralized-treasury\/","title":{"rendered":"Treasury Workstation in SAP S\/4HANA: Operational, Financial and Centralized Treasury"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"13591\" class=\"elementor elementor-13591 elementor-13590\" data-elementor-post-type=\"portfolio\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-22cbf55c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"22cbf55c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-186382cd\" data-id=\"186382cd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-442217d0 elementor-widget elementor-widget-text-editor\" data-id=\"442217d0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4>Challenge<\/h4><p>The Customer, operating in the\u00a0<b>Chemical &amp; Biopharma sector<\/b>, as part of the digitalization of its business processes, expressed the\u00a0<b>need\u00a0<\/b>to equip itself with a<b>\u00a0SAP S\/4HANA\u00a0<\/b>platform on which to manage the following typical treasury processes:<\/p><ul><li aria-level=\"1\">Operational Treasury<\/li><li aria-level=\"1\">Centralized Treasury<\/li><li aria-level=\"1\">Financial operations management<\/li><li aria-level=\"1\">Communication with banking counterparties<\/li><li aria-level=\"1\">Financial final balance<\/li><li aria-level=\"1\">Group financial planning<\/li><\/ul><p>\u00a0<\/p><p>The adoption of the new Treasury suite in the SAP S\/4HANA environment required, in addition to the implementation of a series of modules \/ functionalities of the\u00a0<b>SAP Treasury\u00a0<\/b>suite, also the interfacing of the current SAP ECC (Core ERP) system with the new SAP S\/4HANA system.<\/p><h4>\u00a0<\/h4><h4>Solution<\/h4><p>To meet the Customer\u2019s need, it was agreed to divide the content into<b>\u00a0macro streams<\/b>:<\/p><ul><li><b>Cash &amp; Liquidity Management<\/b><\/li><li><b>Payments &amp; Bank Communication<\/b><\/li><li><b>In House Cash<\/b><\/li><li><b>Debt &amp; Investment Management<\/b><\/li><\/ul><p>\u00a0<\/p><p>In the area of \u200b\u200b<b>Cash &amp; Liquidity Management<\/b>, the issue of operational treasury and liquidity management was discussed. The management processes of bank data, automatic payments, interbank money transfers \/ giro transfers, treasury payments but also operational and medium-long term reporting were supervised. Furthermore, the calculation of the final cash flow by financial nature was revised in order to make it uniform for all the companies of the group. The rules used to determine the final balance were then also adopted for the calculation of the forecast cash flow, ensuring uniformity of information and ease of comparison and analysis.<\/p><p>In the area of\u00a0<b>\u200b\u200bPayments &amp; Bank Connectivity<\/b>, the issue of approval of payments and subsequent communication with the credit institutions involved, both Italian and foreign, was addressed.<\/p><p>In the\u00a0<b>In House Cash<\/b>\u00a0area, the issue of centralized treasury was addressed, automating the cash pooling processes already in place and integrating the other types of Intercompany relations present within the group.<\/p><p>Finally, in the area of<b>\u00a0\u200b\u200bDebt &amp; Investment<\/b>, the issue of financial management by the Parent Company was discussed. Financial products representing loans to third parties and group companies, leasing, fin-import and fin-export, but also bonds and credit lines have been enabled.<\/p><p>With reference to the implementation scenario, the \u201c<b>Qintesi Treasury Template<\/b>\u201d approach was chosen, based on the latest generation Best Practice contents, suitably integrated by Qintesi implementation add-ons developed and consolidated over the years and aimed at covering functions not available in the standard. The Customer was thus able to benefit from the immediate availability of a fully configured and functional SAP S\/4HANA system from the start of the project with which to support the FIT \/ GAP Analysis phase and easily identify the necessary customizations.<\/p><p>Considering the availability of the\u00a0<b>SAP Analytics Cloud\u00a0<\/b>component at the Customer\u2019s premises, the Qintesi tool called \u201c<b>Strategic Treasury<\/b>\u201d was released as part of the project, which allows to obtain a Treasury reporting book in the SAC environment.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-6fc6eca8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6fc6eca8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-59e64c25\" data-id=\"59e64c25\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-16dd9363 elementor-widget elementor-widget-heading\" data-id=\"16dd9363\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Results\n<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-29dc4b9a elementor-align-start elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"29dc4b9a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Automating liquidity centralization processes<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Centralizing the treasury processes of all group companies in a single environment<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Accelerating and simplifying the final accounting and financial planning processes of the group<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Rationalizing communication with financial institutions<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Standardizing the group's treasury processes<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-54e7f718 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"54e7f718\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-353e731\" data-id=\"353e731\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4a66a63e elementor-widget elementor-widget-heading\" data-id=\"4a66a63e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Statement<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-72851052 elementor-widget elementor-widget-testimonial\" data-id=\"72851052\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"testimonial.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-testimonial-wrapper\">\n\t\t\t\t\t\t\t<div class=\"elementor-testimonial-content\">A project that has made it possible to increase the supervision of treasury processes by the Group Treasury &amp; Credit Management Office, rationalizing the effort of the resources involved in the various processes and anticipating the availability of relevant information from both the Parent Company and the Subsidiaries.<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-testimonial-meta elementor-has-image elementor-testimonial-image-position-aside\">\n\t\t\t\t<div class=\"elementor-testimonial-meta-inner\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-testimonial-image\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.qintesi.com\/wp-content\/uploads\/2022\/01\/Stefania-Marra-150x150-1.png\" class=\"attachment-full size-full wp-image-20086\" alt=\"\" \/>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-testimonial-details\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-testimonial-name\">Stefania Marra<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-testimonial-job\">Senior Manager - Qintesi<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-5ee78a19 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5ee78a19\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b231d39\" data-id=\"5b231d39\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-48693b3a elementor-widget elementor-widget-text-editor\" data-id=\"48693b3a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Le informazioni contenute in questo documento sono di propriet\u00e0.<br \/>Copyright \u00a9 2014 Qintesi S.p.A. Tutti i diritti riservati.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Challenge The Customer, operating in the\u00a0Chemical &amp; Biopharma sector, as part of the digitalization of its business processes, expressed the\u00a0need\u00a0to equip itself with a\u00a0SAP S\/4HANA\u00a0platform on which to manage the following typical treasury processes: Operational Treasury Centralized Treasury Financial operations management Communication with banking counterparties Financial final balance Group financial planning \u00a0 The adoption of [&hellip;]<\/p>","protected":false},"author":3,"featured_media":20083,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"_vp_format_video_url":"","_vp_image_focal_point":[],"footnotes":""},"portfolio_category":[],"portfolio_tag":[],"servizi-offerti":[808,811],"moduli_implementati":[819,820,821,822,392,405,432],"settore":[832],"class_list":["post-13591","portfolio","type-portfolio","status-publish","format-standard","has-post-thumbnail","hentry","servizi-offerti-digital-transformation","servizi-offerti-management-consulting","moduli_implementati-sap-in-house-cash-en","moduli_implementati-sap-financial-risk-management-en","moduli_implementati-sap-finance-en","moduli_implementati-sap-liquidity-planning-en","moduli_implementati-sap-bpc-en","moduli_implementati-sap-cash-management-en","moduli_implementati-sap-bank-communication-management-en","settore-pharma-chemicals-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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