Cases
Telit
Telit Communications PLC, a global leader in Internet of Things (IoT) enablement, integrates group reporting and controlling and achieves high efficiencies in financial performance measurement and reporting thanks to a SAP Financial Consolidation platform designed and implemented by Satriun.
Key Facts
- Organize and integrate consolidation and management reporting
- Automate manual work such as data interfaces, intercompany reconciliation, Cash Flows, group reporting
- Shorten closing schedules while increasing data quality
The Solution
- Satriun consulting team with consolidation, controlling, reporting and SAP Enterprise Performance Management software expertise
- Integrated data model designed
- SAP Financial Consolidation as one single group platform
Key Benefits
- Fast and accurate monthly data collection
- Controls is pushed down to legal entities
- Financial consolidation and management reporting from same source
- IFRS consolidation and financial statements produced with ease
- Increased data analysis capabilities
We found the optimal solution both with SAP Financial Consolidation as our new group reporting and controlling platform and Satriun as our implementation partner. With their hands-on mentality and truly customer focused approach Satriun did a tremendous job in helping us to achieve our goals on time and in budget.
Expertise
Consolidation, IFRS 16 & ASC 842, Regulatory Support, SAP
Client
Telit Communications PLC
