Sector/Industry Company Revenue Fortune 100/500 Global SAP Release SAP Module Project Description
Industrial Goods; Aerospace / Defense $64B Fortune 100 Global ECC 6.0 Treasury & Risk Management, Cash Management, In-House Cash Multi-year, multi-country, multi-wave project encompasses all aspects of an SAP Transaction Manager, Cash Management and In-House Cash implementation. Replaced a standalone legacy treasury workstation with SAP to better meet business needs.
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.
Sector/Industry Company Revenue Fortune 100/500 Global SAP Release SAP Module Project Description
Industrial Goods; General Building Materials $5B Fortune 500 Global ECC 6.0 Treasury & Risk Management, Cash Management, In-House Cash, FX The project consisted of a multi-phased, multi-region implementation that covered two major treasury centers in the US and Europe. This initiative included the migration of the company’s North American and European treasury operations from SunGard’s Quantum treasury workstation to SAP’s integrated ERP treasury and cash management solution. To achieve the corporation’s goals of system rationalization, stronger financial controls, increased automation, and realization of effective financial risk management, a very broad set of SAP Treasury functionality was rolled out. The project scope included design and implementation of a comprehensive in-house banking solution leveraging the In-House Cash (IHC) module with three separate bank areas in the US, Canada, and Europe, facilitating effective management of multi-currency, cross-company cash pooling activity, an active intercompany FX hedging program, and a comprehensive intercompany invoice settlement and netting operation. The project also included implementation of SAP’s Treasury Transaction Management (TR-TM) functionality to cover the management and tracking of short and long term-debt with fixed and variable rate notes, syndicated and bilateral credit facilities, letters of credit, bank guarantees, capital leases, and commercial paper, as well as structured intercompany loans. In the area of Foreign Exchange risk management the system was set up to handle FX spots, forwards, swaps, non-deliverable forwards, average rate forwards, and comprehensive intercompany FX hedging. In the areas of cash management, payment processing, and bank account reconciliation a robust solution was designed and rolled out to facilitate multi-currency, multi-region cash positioning, cash pooling, payment processing, and electronic bank account reconciliation across several banks in North America and Europe.
Sector/Industry Company Revenue Fortune 100/500 Global SAP Release SAP Module Project Description
Industrial Goods; Aerospace/ Defense $23B Fortune 500 Global ECC 6.0 Treasury & Risk Management, Cash Management, FX, Market Risk Analyzer The project scope included Cash Management, Payments, Transaction Manager (including hedge management for FAS133 accounting), and Market Risk Analyzer. The implementation included functionality for a variety of treasury instruments including Money Market Funds, Bonds, Facilities, Bank Loans, Interest Rate Swaps, Foreign Exchange and Corporate Investments. Hedge Management, FAS133 reporting, financial and corporate reporting were also included in the implementation. Cash Position, Inbound bank communications, Wire and ACH payments and related testing with the banks (foreign & domestic) were implemented under the project scope.