Bombardier Transportation UK: Optimisation and standardisation of Financial Accounting

Starting point

  • SAP implementation for all operational units: Conversion of about 60 different legacy systems to one central system
  • Harmonisation, cleanup, realignment and centralisation of various data structures and processes especially in Accounting

Solution

  • Use of a template approach and definition of delta blueprints and project scope through GAP analysis
  • System adaptation and coordination of a large number of data sources (legacy systems) on one migration path
  • Data clean up / harmonisation in accounting
  • Process validation in ensuring compliance with SOX
  • Train-the-trainer approach with involvement of key users

Success

  • Approx. 70% efficiency gain in the workflow (processing time, processing costs) of Accounts Payable
  • Reduction of monthly closing time from 6 to 2 days
  • Optimised cash flow (standardised and centralised payment and audit)