Transparent financial reporting and cash positions
公司规模
Large Corporate
地区
- Europe
国家
- Netherlands
产品
- SAP ERP
- TIS Bank Communication and Bank Transaction Manager
技术栈
- Cloud-based SaaS
- SEPA-enabled payment solution
实施规模
- Enterprise-wide Deployment
影响指标
- Cost Savings
- Productivity Improvements
- Customer Satisfaction
技术
- 功能应用 - 企业资源规划系统 (ERP)
- 平台即服务 (PaaS) - 连接平台
适用行业
- Professional Service
适用功能
- 商业运营
服务
- 系统集成
- 云规划/设计/实施服务
关于客户
BearingPoint is a global management and technology consultancy firm headquartered in Amsterdam, the Netherlands. The company operates in 17 countries and uses the SAP ERP system across all its offices. BearingPoint provides advisory services to clients in financial services, government, and commercial sectors. The firm had a decentralized financial operation with local offices collaborating with numerous banks, leading to a complex and inefficient financial management system. The central treasury faced challenges in gaining real-time insights into the firm's cash position and ensuring compliance with financial regulations.
挑战
BearingPoint faced several challenges with its decentralized financial operations. The company had over 120 different bank accounts across more than thirty banks, making it difficult for the central treasury to consolidate financial data and track employee payment authorizations. The manual processes were time-consuming and error-prone, and there were concerns about compliance, particularly with the four-eye principle. Additionally, the transition to SEPA standards required a revision of the Bank Account Management system. BearingPoint needed a scalable, quickly deployable solution that did not require extensive IT investments.
解决方案
BearingPoint implemented TIS's Bank Communication and Bank Transaction Manager (BTM) to address its financial management challenges. The solution was chosen for its scalability, quick deployment, and minimal IT investment requirements. TIS's extensive knowledge of SAP systems and its SEPA-enabled payment solution were crucial factors in the selection. The implementation was carried out in phases, starting with tightening internal guidelines, such as limiting each office to two banks and defining payment authorization terms for employees. The web-based SaaS product provided real-time insights into financial flows, reduced manual payments, and minimized errors. The system also centralized the management of bank balances and employee authorizations, making the financial reporting and compliance processes more efficient.
运营影响
数量效益
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