Financial processes with SAP FI/CO

+5
Vico “FInish & CO”

Case study

A global logistics & transportation provider was facing significant challenges in its financial processes due to error-prone and fragmented manual accounting systems.

The Challenge

  1. The manual accounting systems proved to be time-consuming and error-prone, which led to delays in reporting and impaired transparency.
  2. The existing accounting systems were fragmented and hindered a holistic analysis of cost structures.
  3. There was a lack of effective integration and harmonization of financial systems across various subsidiaries, which led to compliance challenges.

The Answer

  1. Client’s decision to bring a specialized Vico on board with the support of Vicoland Consulting Services
  2. A comprehensive SAP FI implementation, including the introduction of a centralized chart of accounts and the automation of accounts payable and accounts receivable.
  3. Integration of SAP CO to enable detailed cost analysis and profitability assessments.
  4. End-to-end customization to the specific requirements of the logistics industry and training to ensure smooth adoption by the internal team.

 

To sum it up

  • Project implemented within 16 months.
  • Standardized financial chart of accounts improved global integration.
  • 28% cost advantage realized over conventional providers
  • Quick adaptation to industry-specific requirements through the Vico
"The Vico had the necessary expertise in both SAP FI/CO and the logistics sector, which enabled the project to be implemented smoothly."
Mark Saul, CEO Vicoland - SAP Services

Vico “FInish & CO”

We are an experienced team of SAP specialists focusing on finance in the production and logistics industry

Thomas R.

SAP Project Manager

Daniel F.

SAP FI Senior Consultant

Mia S.

SAP CO Expert

Manuel H.

SAP FI Consultant

Ron R.

SAP CO Consultant

Tim O.

SAP Logistic Expert
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