Financial processes with SAP FI/CO

Vico "Flnish & CO"

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

The problem

1.

The manual accounting systems proved to be time-consuming and error-prone, resulting in delays in reporting and reduced 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 different subsidiaries, leading to compliance challenges.

The solution

1.

The customer’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 central financial framework of accounts and the automation of accounts payable and accounts receivable.

3.

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

4.

Continuous adaptation to the specific requirements of the logistics industry and implementation of training to ensure a smooth takeover by the internal team.

About Verisure

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Industry:

Security

Company Size:

15.000 employees

Teamway size:

4 members

non-disclosure agreement

Summary

"Vico had the necessary expertise in both SAP FI/CO and the logistics industry, which enabled the project to be carried out smoothly."

Mark Saul, CEO VIcoland - SAP Services

Vico " Flnish & CO'

We are an experienced team of SAP specialists who focus on the
financial sector in the production and logistics industry

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