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Mokveld

Mokveld

Cases

Mokveld

FCCS / Oracle EPM Cloud

Mokveld, a globally active manufacturer of engineered valve systems, has more ownership over data and reporting and more consistent, higher quality and better auditable data thanks to its new corporate performance management cloud platform: FCCS / Oracle EPM Cloud implemented by Satriun.

Key challenges

  • Management- and IFRS reporting from a single source of truth
  • Need to streamline and speed up the reporting process
  • Income statement by nature and by function
  • More focus and automization of cash flow statement and equity consolidation

 

Project highlights

  • Monthly data collection
  • Financial consolidation and management reporting
  • Automated cash flow reporting
  • IFRS consolidated financial statements

 

Key benefits

  • More ownership over data and reporting
  • More consistent, higher quality and better auditable data
  • Reduced manual effort during the consolidation process
  • Valuable insight into cash flows statements and equity consolidation

 

Our primary goal was to smoothly replace Oracle Hyperion. Satriun’s best practices enabled a streamlining and optimization of our reporting process in Oracle FCCS, including the cash flow statement. Satriun delivered the Oracle FCCS implementation at a high pace while still keeping control over the quality and the cost of delivery.

Sjaak Boeijenga

CFO, Mokveld

Vétoquinol

Vétoquinol

Cases

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.

Telit Communications PLC

Telit Communications PLC

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.

Yael Hadad

Regional CFO, Telit

Sodexo

Sodexo

Cases

Sodexo

Satriun accompanies the transformation of the group from a geographical-based to a segment-based organisation liaising between Finance and Group Performance Solutions teams to update and improve the Oracle HFM, Essbase and HSF platform.

Sodexo is the worldwide leader in Quality of Life services. For over 40 years, Sodexo has developed unique expertise, backed by nearly 419,000 employees in 80 countries across the globe. In combining the diverse talents of their teams, Sodexo is the only company to integrate a complete offer of innovative services, based on over 100 professions. Sodexo develops, manages and delivers a unique array of On-site Services, Benefits & Rewards Services and Personal and Home Services for all their clients to improve the Quality of Life.

Their experiences with their over 75 million customers each and every day enable them to develop Quality of Life services that reinforce the well-being of individuals, improving their effectiveness and helping companies and organizations to improve performance…every day.

 

SNCF

SNCF

Cases

SNCF

Satriun helped SNCF increase the performance and optimise its SAP Financial Consolidation (BFC) application. We also redesigned the deferred tax calculation routines and implemented OLAP-like add-in solution for consolidated data analysis.

SNCF specialises in bringing people together. Making passenger and freight transport seamless and easy. Designing and developing the mobility of tomorrow—and much more. SNCF’s core business is trains—but it doesn’t stop there. SNCF is a public service entity with five divisions that offer a full range of mobility solutions.

SNCF Infra maintains and monitors the French rail network’s 30,000 km of track. They manage the thousands of trains that run on it each day. And they export their technology and engineering services around the world.

SNCF Proximités is the world’s No. 2 public transport operator and the No. 1 partner for French regional and local authorities. Every day, 10 million passengers use their regional trains, buses, coaches, metros, tram-trains and self-service bicycles—not to mention their parking facilities and car-sharing system.

SNCF Voyages provides long-distance and high-speed rail transport for over 130 million passengers a year. That includes service across Europe, on 475 TGV, iDTGV, Eurostar, Thalys, Lyria et Ellipsos trains.

SNCF Logistics specializes in freight transport and logistics. Deployed in 120 countries, their multimodal solutions combine rail, road, air, sea, inland waterways and rail-motorway services.

SNCF Gares & Connexions are transforming their 3,000 passenger stations into bustling centres of urban life by actively managing and developing them, adding new shops and services, and creating mobility hubs. You’ll also see their expertise at work in their innovative architectural solutions.