{"id":30836,"date":"2023-10-11T11:34:38","date_gmt":"2023-10-11T09:34:38","guid":{"rendered":"https:\/\/www.qintesi.com\/portfolio\/migrazione-e-consolidamento-della-tesoreria-nel-sistema-contabile-di-gruppo-in-suite-sap-s-4hana\/"},"modified":"2023-10-11T11:45:27","modified_gmt":"2023-10-11T09:45:27","slug":"migrazione-e-consolidamento-della-tesoreria-nel-sistema-contabile-di-gruppo-in-suite-sap-s-4hana","status":"publish","type":"portfolio","link":"https:\/\/www.qintesi.com\/en\/portfolio\/migrazione-e-consolidamento-della-tesoreria-nel-sistema-contabile-di-gruppo-in-suite-sap-s-4hana\/","title":{"rendered":"Migration and consolidation of Treasury into group accounting system in SAP S\/4HANA suite"},"content":{"rendered":"
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Challenge<\/h4>

A major international player in the <\/span>Pharma sector <\/b>based in Italy, within a project to <\/span>overhaul its treasury processes<\/b>, expressed the need to converge the <\/span>Group\u2019s current Treasury workstation<\/b> system, implemented on an SAP S\/4HANA system in release 1709, within the <\/span>Group\u2019s main accounting system<\/b>, implemented on an SAP S\/4HANA in release 1809.<\/span><\/p>

\u00a0<\/h4>

This has resulted in the achievement of a significant simplification of its SAP ecosystem both in terms of the number of systems to be managed and in terms of the interface flows to be monitored in daily operations.<\/span><\/p>

Solution<\/h4>

With reference to the processes implemented in the <\/span>Group Treasury workstation system<\/b>, the application migration was broken down into the following functional area:<\/span>

<\/span><\/p>

  • Treasury Master Data<\/span><\/li>
  • Payment Processes<\/span><\/li>
  • Bank Accounting and Reconciliations<\/span><\/li>
  • In House Cash<\/span><\/li>
  • Cash and Liquidity Management<\/span><\/li>
  • Treasury & Risk Management<\/span><\/li>
  • Authorization processes<\/span><\/li>
  • Integration with Swift Alliance Lite2\u00a0<\/span><\/li>
  • Financial Accounting and Planning<\/span><\/li><\/ul>

    \u00a0<\/p>

    In the project approach proposed buy Qintesi, the first phase took the form of a preliminary reconnaissance of the processes implemented in the group treasury pertaining to the functional areas into which the project scope was decomposed, in order to ensure a “like for like”<\/strong> application migration: that is, the functionalities of the source system were re- implemented in the target system by applying only the standard adaptations required by the S\/4 HANA release of the target system, preserving and improving the functional aspects and characteristics of the indicated processes.<\/span><\/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

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    Results\n<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    • \n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\tOptimization and greater integration of Treasury processes with General Accounting processes through implementation 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
    • \n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\tIncreased ease of use and improved scalability of the SAP ecosystem, resulting in reduced management costs by the Customer.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
    • \n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\tImproved working capital management due to the automation of the customer reconciliation process ensured by managing bank flows 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
    • \n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\tIntegrated reporting in a single Group SAP S\/4HANA system and usable through SAP FIORI.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
    • \n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\tImproved liquidity planning processes and short-term liquidity monitoring through the application of SAP Cash Flow Analyzer.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t
    • \n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\tSimplification of the Chart of Accounts with divestment of a number of technical accounts linking different systems.<\/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
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      Quote<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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      \u201cThe project enabled the Client to obtain a twofold benefit: on the functional side, attributable to qualitative improvements in support of the decision-making process dependent on business process optimization and standardization activities; on the technical side, on the other hand, attributable to a considerable reduction in the complexity of managing its SAP information landscape.\u201d\n<\/div>\n\t\t\t\n\t\t\t\t\t\t
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      \n\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\t\t\t\t\t\t
      Andrea Brambilla<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
      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
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      Le informazioni contenute in questo documento sono di propriet\u00e0.
      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":"

      Challenge A major international player in the Pharma sector based in Italy, within a project to overhaul its treasury processes, expressed the need to converge the Group\u2019s current Treasury workstation system, implemented on an SAP S\/4HANA system in release 1709, within the Group\u2019s main accounting system, implemented on an SAP S\/4HANA in release 1809. \u00a0 […]<\/p>","protected":false},"author":1,"featured_media":30826,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"_vp_format_video_url":"","_vp_image_focal_point":{"x":0.64,"y":0.74},"footnotes":""},"portfolio_category":[774],"portfolio_tag":[850,857,858,1023,1024,1025],"servizi-offerti":[808,811],"moduli_implementati":[819,990,1028,1029,1030,1031,1038],"settore":[832],"class_list":["post-30836","portfolio","type-portfolio","status-publish","format-standard","has-post-thumbnail","hentry","portfolio_category-sectors","portfolio_tag-treasury-en-2","portfolio_tag-cash-management-en-2","portfolio_tag-planning-en-2","portfolio_tag-bank-communication-en-2","portfolio_tag-cash-pooling-en-2","portfolio_tag-in-house-cash-en-2","servizi-offerti-digital-transformation","servizi-offerti-management-consulting","moduli_implementati-sap-in-house-cash-en","moduli_implementati-sap-treasury-and-risk-management-en-2","moduli_implementati-sap-analytics-cloud-en-2","moduli_implementati-sap-bank-communication-management-en-2","moduli_implementati-sap-business-planning-and-consolidation-en","moduli_implementati-sap-cash-and-liquidity-management-en","moduli_implementati-sap-bank-account-management-en","settore-pharma-chemicals-en"],"yoast_head":"\nMigration and consolidation of Treasury into group accounting system in SAP S\/4HANA suite - 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