SAP Financial Consolidation implementation at Vétoquinol
Satriun implemented the SAP Financial Consolidation (FC) and Satriun Lease Management solutions at Vétoquinol. SAP FC is used for the group IFRS consolidation and management reporting while Satriun Lease Management is fully integrated with SAP FC and supports the IFRS 16 compliance of the group.
The 10th largest veterinary pharmaceutical company in the world, Vétoquinol is first and foremost an independent, family-owned business. Deeply committed to its values, it has always enjoyed a close relationship with its vet clients. Vétoquinol’s growth and development strategy focuses on innovation and finding the right balance between two major markets: companion animals and livestock, bred for human food. Historically based in France, Vétoquinol develops, produces and distributes a wide range of more than 700 medical and non-medical products in Europe, Americas and Asia-Pacific. With a presence in 24 countries through its subsidiaries, its strong network of 140 distributor partners provides visibility for its products in more than 100 countries.
Consolidation, IFRS 16 & ASC 842, SAP, Satriun Lease Management