Sector/Industry Company Revenue Fortune 100/500 Global SAP Release SAP Module Project Description
Industrial Goods; Farm & Construction Machinery $27B Fortune 100 Global ECC 6.0 Treasury & Risk Management, Cash Management, In-House Cash, FX The project focused on transitioning from multiple, disconnected, custom systems and tools to a single system to streamline the management of treasury operations. The project included full In-House Cash (IHC) processing including payments on behalf (POBO) and intercompany netting, the Transaction Manager (TM) module for short and long term debt and investments, intercompany loan tracking, as well as, foreign exchange management and interest rate risk management and the Cash Management (CM) module for treasury payment management, cash position, external bank reconciliation and short term invoice based liquidity forecasting. Straight through processing with external banking partners is facilitated by utilizing the new SAP tool Financial Services Network (FSN). Additionally, bank administration, bank fee statement analysis and FBAR reporting was transitioned to SAP utilizing Bank Management Suite5. The project provided the client with increased visibility to global cash for a more efficient use of liquidity. Moving to a consistent global process opens new opportunities for greater efficiencies and future growth.