Financial processes with SAP FI/CO

A global logistics and transportation provider was facing significant challenges in its financial processes due to a fragmented system landscape and many manual steps

Two people loading cardboard boxes into a delivery van outside a building.

The challenge

  1. Manual process steps proved to be time-consuming and error-prone, leading to delays in reporting and poor payment practices.

  2. Existing financial systems were not integrated, which made it difficult to report and analyze the financial figures holistically.

  3. Master data was not set up properly in the course of the S/4HANA transformation which led to additional manual effort.

The answer

  1. With the support of Vicoland Consulting Services, the client decided to bring a specialized Vico with industry expertise on board.

  2. A comprehensive SAP FI implementation, including the introduction of a centralized chart of accounts and the automation of accounts payable and accounts receivable.

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

The company focuses on truck transportation in western Europe since the 1970s

  • Logistics

    Industry

  • 900 employees

    Company size

  • 17 Vico Member

    Vico size

Summary

Optimization and automation of company-wide financial processes.

A teal circle with a black check mark in the center

Improvement of the payment practice by 28%.

A teal circle with a black checkmark in the center.

Reduction of the cycle time of the accounts payable process by 45%.

A teal circle with a black check mark in the center.

"The Vico had the necessary expertise in both SAP FI/CO and the logistics industry, guaranteeing a smooth execution of the project."

The Vico "Rational"

  • Close-up of a middle-aged man with short brown hair, glasses, and a neutral expression against a light blue gradient background.

    Michael B

    Vico Lead

    22 years of experience

    Responsible for Project Management

  • Close-up of a smiling man with short hair and light skin.

    Christoph I.

    Solution Architect

    12 years of experience

    Responsible for the FI/CO architecture

  • A middle-aged man with short, dark brown hair, wearing a dark suit jacket and white shirt, smiling against a light blue gradient background.

    Esli R.

    SAP CO Expert

    6 years of experience

    Responsible for validation and extraction of data

  • Close-up of a smiling woman with brown hair, wearing a pink necklace and earrings, against a light blue background.

    Gwendo S.

    Accounting Expert

    26 years of experience

    Responsible for automation of accounts payable and accounts receivable

  • Close-up of a middle-aged man with short dark curly hair and blue eyes, wearing a dark shirt, against a plain light background.

    Mateusz K.

    S/4HANA Consultant

    7 years of experience

    Responsible for training and change management

  • Further Vico Members

We are an experienced team of SAP specialists focusing on finance in the manufacturing and logistics industry.

— Rational

Get in touch.

Do you prefer speaking in person?

Schedule a meeting with our Director SAP Services, Daniel Müller

Photo of Daniel Müller, Director SAP Services at Vicoland.
Schedule a meeting

Success stories