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  • What we do
    CAPABILITIES
    iRun
    • Application Management Services  
    • Cognitive Infrastructure Services
    • Cybersecurity
    iTransform
    • AI-led Engineering
    • Data and Analytics
    • Enterprise Applications
    • Interactive
    • Industry.NXT
    Business AI
    • BlueVerse
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    • GCC-as-a-Service
    • Unitrax
    • Voicing AI
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    • Travel, Transport and Hospitality
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  1. LTIMindtree is now LTM | It’s time to Outcreate
  2. Insights
  3. Enhancing the customer experience by modernizing a leading North American bank's contact center

Streamlined Financial Processes and Forecasting with Advanced SAP Solutions

May 02, 2023

  • Client
  • Key Challenges
  • Tools and Accelerators Used
  • Our Solution
  • Business Benefits
  • Client
  • Key Challenges
  • Tools and Accelerators Used
  • Our Solution
  • Business Benefits

Client

A US-based world leader in consumer goods,offering a wide range of personal health/consumer health, personal care, and hygiene products across 65+ brands 

Key Challenges

  • Inaccurate forecasting
  • Lengthy financial closing cycles
  • Robust finance data and analytics platform

Tools and Accelerators Used

  • Biz Rules Framework 
  •  Data Exploder
  • Advanced aDSO Activation

Our Solution

  • Developed a business case and reimagined 14 processes.
  • Created a prototype for solution adoption and month-end allocations.
  • Built core finance solution and rollout.
  • Connected 13 SAP instances to CFIN and developed 42 solutions to accelerate and simplify CFIN processes.
  • Conducted multiple technical upgrades (from 1511 to 1610, 1610 to 1709, and 1709 to 2021

Business Benefits

  • 30% savings in infrastructure and operational cost.
  • Accelerated month-end close from 11 days to 6 days.
  • Implemented a global forecasting solution, increasing forecasting accuracy from 72% to 90% for 200+ business unit/ corporate forecasters.
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Case Study
calendar June 3, 2024
Modernize Your Workloads on Snowflake with PolarSled
David Althoff
Chief Business Officer, Insurance

It’s time to Outcreate

Outcreate Your Business

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Outcreate with LTM

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Outcreate Together

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It’s time to Outcreate

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  • Business AI
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