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Financial processes with SAP FI/CO

Vico “FInish & CO”

Case study

A global logistics & transportation provider was facing significant challenges in its financial processes due to error-prone and fragmented manual accounting systems.

The Challenge

  1. The manual accounting systems proved to be time-consuming and error-prone, which led to delays in reporting and impaired transparency.

  2. The existing accounting systems were fragmented and hindered a holistic analysis of cost structures.

  3. There was a lack of effective integration and harmonization of financial systems across various subsidiaries, which led to compliance challenges.

The Answer

  1. Client’s decision to bring a specialized Vico on board with the support of Vicoland Consulting Services

  2. A comprehensive SAP FI implementation, including the introduction of a centralized chart of accounts and the automation of accounts payable and accounts receivable.

  3. Integration of SAP CO to enable detailed cost analysis and profitability assessments.

  4. End-to-end customization to the specific requirements of the logistics industry and training to ensure smooth adoption by the internal team.

To sum it up

  • Project implemented within 16 months.
  • Standardized financial chart of accounts improved global integration.
  • 28% cost advantage realized over conventional providers
  • Quick adaptation to industry-specific requirements through the Vico

"The Vico had the necessary expertise in both SAP FI/CO and the logistics sector, which enabled the project to be implemented smoothly."

Mark Saul, CEO Vicoland - SAP Services

Vico “FInish & CO”

We are an experienced team of SAP specialists focusing on finance in the production and logistics industry

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Thomas R.

SAP Project Manager

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Daniel F.

SAP FI Senior Consultant

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Mia S.

SAP CO Expert

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Manuel H.

SAP FI Consultant

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Ron R.

SAP CO Consultant

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Tim O.

SAP Logistic Expert

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We appreciate your interest and will get back to you as soon as possible!
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