Food and Beverage

The Hershey Company, known for its chocolates, sweets, mints, and snacks, is a household name for many families around the world. Founded in 1894, Hershey continues to expand its business across 70 locations and 80 brands. With 4,104 accounts and growing, the reconciliation process soon became too unwieldly for the finance department to maintain as-is. Hershey realized it was time to make some changes and update its finance systems. Hear how Hershey implemented third-party products in tandem with an SAP S/4HANA deployment to gain enhanced efficiency and visibility during account reconciliation, alleviate potential risks from lack of oversight, and automate journal entry processes.

Clemens Food Group, a pork production company that raises and processes roughly five million hogs each year, knows the challenges of operating in the perishable foods industry. With profitability directly dependent on timeliness and accuracy of orders, it is imperative for the company to have clear insight into its products and warehouse activities. However, Clemens Food’s legacy system was no longer able to keep pace with production and support future growth. The company needed a modern, integrated platform that could scale with its business. Hear how Clemens Food replaced its legacy system with SAP S/4HANA and improved its end-to-end production processes, simplified internal and external communication, and enhanced its visibility into plant operations.

With more than 6,000 customers on six continents, JBS USA sells a staggering amount of meat products all over the world. To improve how payments were collected from all of those sales, the business wanted to do away with manual financial processes and consistently — and in the process, lower its days sales outstanding (DSO) metric. To automate and streamline the order-to-cash process, specifically, JBS USA embarked on a project to implement SAP Cash Application and SAP Collections and Dispute Management. Discover how these solutions enabled JBS USA to decrease DSO metrics, obtain 85% zero-touch processing for electronic payments, and, over time, save $6.4 million. 

When the merger between Kraft Foods and Heinz was finalized in July 2015, the resulting Kraft Heinz Company became the fifth-largest food and beverage company in the world — and the volumes of data that the newly merged company had to manage were as expansive as the organization itself. Learn how Kraft Heinz migrated its SAP Business Warehouse (SAP BW) instance from a third-party database to SAP BW powered by SAP HANA in order to improve performance by 98% while cutting its data footprint in half. And see how the supercharged environment is helping the analytics needs of the combined company by providing improved performance and self-service capabilities.

Tate & Lyle, a global provider of specialty food ingredients and solutions, relied heavily on manual, spreadsheet-based processes to manage its account reconciliations. With locations in the Americas, Europe, the Middle East, and Africa, regional reconciliations were an unwieldy exercise that often tied up the finance team in administrative tasks like hunting down missing signatures or thumbing through files for documentation. The company knew it needed greater visibility throughout the organization and that automation was the key. To achieve this, Tate & Lyle consolidated its regional SAP systems and implemented the Account Reconciliations and Task Management applications by BlackLine. Hear details on how the company:

• Eliminated manual processes, spreadsheets, and paper-based storage for account reconciliations
• Enhanced visibility and oversight of month-end close processes
• Enabled the finance department to focus on value-added activities