{"id":6111,"date":"2020-10-01T00:00:38","date_gmt":"2020-09-30T22:00:38","guid":{"rendered":"https:\/\/satriun.com\/case\/bazan\/"},"modified":"2021-11-04T15:40:15","modified_gmt":"2021-11-04T14:40:15","slug":"bazan","status":"publish","type":"project","link":"https:\/\/satriun.com\/nl\/case\/bazan\/","title":{"rendered":"Bazan"},"content":{"rendered":"<p>[et_pb_section bb_built=&#8221;1&#8243; module_id=&#8221;header-section&#8221; _builder_version=&#8221;3.22.4&#8243; background_color=&#8221;#005286&#8243; background_image=&#8221;https:\/\/satriun.com\/wp-content\/uploads\/2020\/02\/bazan-key-visual.png&#8221; background_position=&#8221;top_center&#8221; top_divider_height=&#8221;0px&#8221; top_divider_arrangement=&#8221;above_content&#8221; next_background_color=&#8221;#ffffff&#8221;][et_pb_row _builder_version=&#8221;3.22.4&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221;][et_pb_column type=&#8221;2_3&#8243;][et_pb_text module_class=&#8221;white-text&#8221; 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z_index_tablet=&#8221;500&#8243;]<\/p>\n<h1 class=\"chapeau\">Cases<\/h1>\n<p class=\"h1\">Bazan SAP Financial Consolidation implementation<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243;][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section bb_built=&#8221;1&#8243; module_id=&#8221;lightblue-overlay-section-first&#8221; _builder_version=&#8221;3.22.4&#8243; background_color=&#8221;#ffffff&#8221; top_divider_height=&#8221;0px&#8221; top_divider_arrangement=&#8221;above_content&#8221; prev_background_color=&#8221;#005286&#8243; next_background_color=&#8221;#edf5fa&#8221;][\/et_pb_section][et_pb_section bb_built=&#8221;1&#8243; module_id=&#8221;intro-section&#8221; _builder_version=&#8221;3.22.4&#8243; background_color=&#8221;#edf5fa&#8221; custom_padding=&#8221;|||||&#8221; top_divider_height=&#8221;0px&#8221; top_divider_arrangement=&#8221;above_content&#8221; prev_background_color=&#8221;#ffffff&#8221;][et_pb_row use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;1&#8243; custom_padding=&#8221;||&#8221; background_color_1=&#8221;#ffffff&#8221; padding_top_1=&#8221;100px&#8221; padding_right_1=&#8221;100px&#8221; padding_bottom_1=&#8221;100px&#8221; padding_left_1=&#8221;100px&#8221; _builder_version=&#8221;3.22.4&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; width=&#8221;100%&#8221;][et_pb_column type=&#8221;3_4&#8243;][et_pb_text module_class=&#8221;black-text intro-text&#8221; _builder_version=&#8221;3.22.4&#8243; text_text_shadow_horizontal_length=&#8221;text_text_shadow_style,%91object Object%93&#8243; text_text_shadow_vertical_length=&#8221;text_text_shadow_style,%91object Object%93&#8243; text_text_shadow_blur_strength=&#8221;text_text_shadow_style,%91object Object%93&#8243; link_text_shadow_horizontal_length=&#8221;link_text_shadow_style,%91object Object%93&#8243; link_text_shadow_vertical_length=&#8221;link_text_shadow_style,%91object Object%93&#8243; link_text_shadow_blur_strength=&#8221;link_text_shadow_style,%91object Object%93&#8243; 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header_2_text_shadow_horizontal_length=&#8221;header_2_text_shadow_style,%91object Object%93&#8243; header_2_text_shadow_vertical_length=&#8221;header_2_text_shadow_style,%91object Object%93&#8243; header_2_text_shadow_blur_strength=&#8221;header_2_text_shadow_style,%91object Object%93&#8243; header_3_text_shadow_horizontal_length=&#8221;header_3_text_shadow_style,%91object Object%93&#8243; header_3_text_shadow_vertical_length=&#8221;header_3_text_shadow_style,%91object Object%93&#8243; header_3_text_shadow_blur_strength=&#8221;header_3_text_shadow_style,%91object Object%93&#8243; header_4_text_shadow_horizontal_length=&#8221;header_4_text_shadow_style,%91object Object%93&#8243; header_4_text_shadow_vertical_length=&#8221;header_4_text_shadow_style,%91object Object%93&#8243; header_4_text_shadow_blur_strength=&#8221;header_4_text_shadow_style,%91object Object%93&#8243; header_5_text_shadow_horizontal_length=&#8221;header_5_text_shadow_style,%91object Object%93&#8243; header_5_text_shadow_vertical_length=&#8221;header_5_text_shadow_style,%91object Object%93&#8243; header_5_text_shadow_blur_strength=&#8221;header_5_text_shadow_style,%91object Object%93&#8243; header_6_text_shadow_horizontal_length=&#8221;header_6_text_shadow_style,%91object Object%93&#8243; header_6_text_shadow_vertical_length=&#8221;header_6_text_shadow_style,%91object Object%93&#8243; header_6_text_shadow_blur_strength=&#8221;header_6_text_shadow_style,%91object Object%93&#8243; z_index_tablet=&#8221;500&#8243;]<\/p>\n<p>Bazan, Israel\u2019s largest oil refinery, shortens legal reporting, increases data quality and improves data analysis capabilities thanks to its SAP Financial Consolidation implementation by Satriun.<\/p>\n<p>[\/et_pb_text][et_pb_text module_class=&#8221;body-text black-text&#8221; _builder_version=&#8221;3.22.4&#8243;]<\/p>\n<p><strong>Key Facts<\/strong><\/p>\n<ul>\n<li>Replacing the spreadsheet-based consolidation process by a sustainable tool and a new process<\/li>\n<li>Industrialize the production of the numerous output reports<\/li>\n<li>Shorten reporting schedules while increasing data quality<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>[\/et_pb_text][et_pb_text module_class=&#8221;body-text black-text&#8221; _builder_version=&#8221;3.22.4&#8243; text_text_shadow_horizontal_length=&#8221;text_text_shadow_style,%91object Object%93&#8243; text_text_shadow_vertical_length=&#8221;text_text_shadow_style,%91object Object%93&#8243; text_text_shadow_blur_strength=&#8221;text_text_shadow_style,%91object Object%93&#8243; link_text_shadow_horizontal_length=&#8221;link_text_shadow_style,%91object Object%93&#8243; link_text_shadow_vertical_length=&#8221;link_text_shadow_style,%91object Object%93&#8243; link_text_shadow_blur_strength=&#8221;link_text_shadow_style,%91object Object%93&#8243; ul_text_shadow_horizontal_length=&#8221;ul_text_shadow_style,%91object Object%93&#8243; ul_text_shadow_vertical_length=&#8221;ul_text_shadow_style,%91object Object%93&#8243; ul_text_shadow_blur_strength=&#8221;ul_text_shadow_style,%91object Object%93&#8243; ol_text_shadow_horizontal_length=&#8221;ol_text_shadow_style,%91object Object%93&#8243; ol_text_shadow_vertical_length=&#8221;ol_text_shadow_style,%91object Object%93&#8243; ol_text_shadow_blur_strength=&#8221;ol_text_shadow_style,%91object Object%93&#8243; quote_text_shadow_horizontal_length=&#8221;quote_text_shadow_style,%91object Object%93&#8243; quote_text_shadow_vertical_length=&#8221;quote_text_shadow_style,%91object Object%93&#8243; quote_text_shadow_blur_strength=&#8221;quote_text_shadow_style,%91object Object%93&#8243; header_text_shadow_horizontal_length=&#8221;header_text_shadow_style,%91object Object%93&#8243; header_text_shadow_vertical_length=&#8221;header_text_shadow_style,%91object Object%93&#8243; header_text_shadow_blur_strength=&#8221;header_text_shadow_style,%91object Object%93&#8243; header_2_text_shadow_horizontal_length=&#8221;header_2_text_shadow_style,%91object Object%93&#8243; header_2_text_shadow_vertical_length=&#8221;header_2_text_shadow_style,%91object Object%93&#8243; header_2_text_shadow_blur_strength=&#8221;header_2_text_shadow_style,%91object Object%93&#8243; header_3_text_shadow_horizontal_length=&#8221;header_3_text_shadow_style,%91object Object%93&#8243; header_3_text_shadow_vertical_length=&#8221;header_3_text_shadow_style,%91object Object%93&#8243; header_3_text_shadow_blur_strength=&#8221;header_3_text_shadow_style,%91object Object%93&#8243; header_4_text_shadow_horizontal_length=&#8221;header_4_text_shadow_style,%91object Object%93&#8243; header_4_text_shadow_vertical_length=&#8221;header_4_text_shadow_style,%91object Object%93&#8243; header_4_text_shadow_blur_strength=&#8221;header_4_text_shadow_style,%91object Object%93&#8243; header_5_text_shadow_horizontal_length=&#8221;header_5_text_shadow_style,%91object Object%93&#8243; header_5_text_shadow_vertical_length=&#8221;header_5_text_shadow_style,%91object Object%93&#8243; header_5_text_shadow_blur_strength=&#8221;header_5_text_shadow_style,%91object Object%93&#8243; header_6_text_shadow_horizontal_length=&#8221;header_6_text_shadow_style,%91object Object%93&#8243; header_6_text_shadow_vertical_length=&#8221;header_6_text_shadow_style,%91object Object%93&#8243; header_6_text_shadow_blur_strength=&#8221;header_6_text_shadow_style,%91object Object%93&#8243; z_index_tablet=&#8221;500&#8243;]<\/p>\n<p><strong>The Solution<\/strong><\/p>\n<ul>\n<li>Satriun consulting team with consolidation, reporting and SAP Enterprise Performance Management software expertise<\/li>\n<li>SAP Financial Consolidation as one single group platform for management and statutory consolidation and reporting<\/li>\n<li>Data integration with SAP Financial Information Management Reporting \u2018Last Mile\u2019 with SAP Disclosure Management<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<p>[\/et_pb_text][et_pb_text module_class=&#8221;body-text black-text&#8221; _builder_version=&#8221;3.22.4&#8243;]<\/p>\n<p><strong>Key Benefits<\/strong><\/p>\n<ul>\n<li>Fast and accurate quarterly data reporting<\/li>\n<li>IFRS consolidation and financial statements produced with ease, including automated Cash Flow Statement<\/li>\n<li>Full connectivity between SAP ECC \u2013 SAP FC \u2013 SAP DM \u2013 A com-plete \u2018Close-to-Disclose\u2019 process<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>[\/et_pb_text][et_pb_testimonial author=&#8221;Shai Abramovich&#8221; job_title=&#8221;Head of Accounting Division&#8221; company_name=&#8221;Bazan&#8221; quote_icon_color=&#8221;#005286&#8243; quote_icon_background_color=&#8221;rgba(245,245,245,0)&#8221; _builder_version=&#8221;3.22.4&#8243; text_orientation=&#8221;center&#8221;]<\/p>\n<h4><span style=\"color: #005286\"><em>Satriun combines excellent knowledge of both group accounting and SAP EPM solutions. That was a critical success factor of our project. Our choice for SAP and Satriun proved right and allowed us to deliver on-time a modernized IFRS reporting while increasing the quality and confidence in our financial statements.<\/em><\/span><\/h4>\n<p>[\/et_pb_testimonial][et_pb_button button_url=&#8221;\/cases&#8221; button_text=&#8221;Back to overview&#8221; module_id=&#8221;back_to_overview&#8221; module_class=&#8221;ghost-btn yellow-blue&#8221; _builder_version=&#8221;3.22.4&#8243;]<\/p>\n<p><\/p>\n<p>[\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243;][et_pb_code module_class=&#8221;post-sidebar&#8221; _builder_version=&#8221;3.22.4&#8243;]<h4>Meer weten over dit onderwerp?<\/h4><div class=\"et_pb_button_module_wrapper et_pb_button_2_wrapper et_pb_module\"><a class=\"et_pb_button et_pb_button_2 standard-btn yellow et_pb_bg_layout_light\" href=\"\/nl\/contact\/\">Kom in contact<\/a><\/div>[\/et_pb_code][et_pb_code _builder_version=&#8221;3.22.4&#8243; link_option_url=&#8221;https:\/\/eng.bazan.co.il\/&#8221; link_option_url_new_window=&#8221;on&#8221;]<div class=\"post-information-container project-case\"><div class=\"post-information\"><p class=\"title\">Expertise<\/p><p class=\"\">Consolidatie, IFRS 16, Regulatory Support, SAP<\/p><\/div><div class=\"post-information\"><p class=\"title\">Cli\u00ebnt<\/p><p class=\"\">Bazan Group<\/p><\/div><div class=\"post-information\"><img decoding=\"async\" class=\"client-logo\" src=\"https:\/\/satriun.com\/wp-content\/uploads\/2020\/02\/Bazan_Group200x200.jpeg\"><\/div><\/div>[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CasesBazan SAP Financial Consolidation implementation Bazan, Israel\u2019s largest oil refinery, shortens legal reporting, increases data quality and improves data analysis capabilities thanks to its SAP Financial Consolidation implementation by Satriun. Key Facts Replacing the spreadsheet-based consolidation process by a sustainable tool and a new process Industrialize the production of the numerous output reports Shorten reporting [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":6103,"comment_status":"open","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":""},"project_category":[113,115,119,172],"project_tag":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bazan - Satriun - SAP Financial Consolidation implementation<\/title>\n<meta name=\"description\" content=\"Bazan shortens reporting, increases quality and improves analysis thanks to the SAP Financial Consolidation implementation by Satriun\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/satriun.com\/nl\/case\/bazan\/\" \/>\n<meta property=\"og:locale\" content=\"nl_NL\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bazan - 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