SAP

Discuss business intelligence, integration, compliance and a host of other SAP-related topics – implementation, best practices and resources to negotiate the world of SAP better!

« Way to Next-Gen Procurement - Part 1 | Main | Managing Talent in the Digital Age With SAP SuccessFactors »

Hershey's Enjoys Sweet Success with its S/4HANA Central Finance Implementation

Hershey's, North America's largest chocolate manufacturer, faced several challenges with its group reporting solution. Apart from offering limited insight, the solution (in SAP BW), which used batch processing, did not provide real-time input into closing activities and information updates. The system provided only summary information, which meant the company had to use manual back-end SAP reports to see data in greater depth, for example, a list of open items. Needless to say, this made for a fairly substandard user experience. 

The company decided to transform global financial reporting by implementing S/4HANA Central Finance as a first step in a larger S/4HANA adoption journey. This tool provides financial data in real-time and in great detail, and presents it in a modern, user-friendly interface, leveraging the user experience capabilities of SAP Fiori and Design Studio.

For its technology partner, Hershey's chose Infosys, and gave us a mandate to implement Central Finance for consolidated reporting across SAP and non-SAP systems spread over 45 legal entities. Our goal was to optimize, integrate and standardize processes, and reduce complexity and cost by creating an SAP system architecture that would allow the client to realize value from future innovations based on HANA, Cloud and Machine Learning. To support a global project of this size, we assembled an onsite and offshore functional and technical team. The project team developed a sustainable and robust process for managing SAP's interface environment across the organization, spanning the master data team, financial data and planning systems, shared services and information services.

After going live on Central Finance, Hershey's is able to use SAP S/4HANA Central Finance as a single source of truth. Financial data is reconciled with source ERP data, down to legal entity, account and customer/product profitability. Users may drill data down to the level of dozens of parameters, including GL account, functional area, cost center and segment. A business user community of 250-500 members is leveraging standard SAP Fiori applications, SAP Business Objects Design Studio as well as SAP Analysis for Excel/Office. These consumption channels increase financial reporting efficiency as well as enable end users to share insights across roles and responsibilities.

Hershey's Director for Financial Data Systems and I will be presenting at ASUG/SAPPHIRE this year on June 5 at 11:00am -12:00pm in room S320E (South Concourse, 3rd Floor). I look forward to connecting with you at our booth #530!

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

Please key in the two words you see in the box to validate your identity as an authentic user and reduce spam.

Subscribe to this blog's feed

Follow us on

Blogger Profiles

Infosys on Twitter