Automotive - Financial Branches
Project Requirements:
In 2016, the client started a global integration initiative and creation of new financial services companies to reorganize European subsidiaries’ corporate structures and operations. The initiative included acquiring the manufacturing company portfolio, creating new EURO-managed financial companies, and executing three migration activities. Integration of flows with other systems was also planned. SAP-based IT solutions facilitated restructuring, centralizing, and optimizing new financial services management. The client’s core business, focused on vehicle production, purchase, and sales, was reorganized to strengthen and expand European financial activities.
Approach:
The standard SAP methodology enabled adoption of both standard and customized processes, leveraging experience in business operations and integration between production and vehicle configuration systems. The project followed SAP phases: Project Assessment, Business Blueprint, Realization Build, Realization Test, User Acceptance Test, Go-Live, and Post Go-Live Support. Key implemented processes included customer master interfacing, document receipt and loading, retail systems integration, data migration, and data extraction for consolidation systems. The solution was based on SAP ECC, with direct retail systems integration to ensure smooth and centralized business operations management.
Solution:
The project included establishing new financial companies to strengthen financial operations management and improve overall efficiency. A fundamental aspect was automatic interaction between different systems, enabling smooth management of customer masters and accounting documents, reducing errors and optimizing information flows. Data extraction for consolidation system feeding was activated, ensuring integrated and centralized financial information views. Important results included VAT reporting for compliance and effective tax management, and automatic payment functionality simplifying and speeding payment processes, improving liquidity management and optimizing financial flows.
