Cases
Solevo Group
Solevo, a leading distributor of chemicals and inputs for specific industrial and agricultural segments in Africa achieves high efficiency in group consolidation and reporting thanks to its CCH Tagetik solution implemented by Satriun.
Key Facts
- Following its spin off from Louis Dreyfus Group, Solevo needed to select and implement its own group consolidation and management reporting solution
- Solevo needed a partner that understood both its former group consolidation solution SAP Financial Consolidation and the selected solution CCH Tagetik
- The project needed speedy execution and consultants that could provide hosting for SAP Financial Consolidation, leverage the existing configurations and configure CCH Tagetik in record time based on a ready-to-use Starter Kit
The Solution
- While still using the legacy SAP Financial Consolidation solution on a Satriun-hosted cloud, Solevo and Satriun designed the CCH Tagetik solution
- The design was based on Satriun’s Easy Start starter kit for CCH Tagetik, providing the project team with pre-configured content according to good practices
- The CCH Tagetik Consolidation application has been purposely designed for Solevo, only leveraging some historical configurations from former shareholder
Key Benefits
- Now Solevo is using modern technology, allowing for agile closings and reporting
- The CCH Tagetik application is tailored to the exact needs of Solevo – in terms of chart of accounts, analytical dimensionsand calculations
- The swift transformation of the Corporate Performance Management platform contributed to an efficient carve-out process for the group
