SAP S/4HANA-Driven Profitability Insights
Key Takeaways
⇨ Real-time Insight and Reporting: The implementation of SAP S/4HANA enabled real-time, accurate reporting and vehicle-level cost insights across the organization.
⇨ Increased Efficiency: Standardized allocation procedures and reduced manual reconciliation led to significant decreases in discrepancies and manual labor.
⇨ Enhanced Profitability Analysis: Advanced analytics provided daily product-level income statements and drill-through capabilities for detailed variance analysis, improving profitability benchmarking across locations.
A global automotive OEM grappling with disparate information across multiple aging ERP and mainframe systems; no common information across vehicle models; calculations and reporting required labor-intensive or manual efforts. Product level profitability analysis had a six-month lag time, directly impacting the ability to quickly adapt to market demands.
