- Replacing the spreadsheet-based consolidation process by a sustainable tool and a new process
- Industrialize the production of the numerous output reports
- Shorten reporting schedules while increasing data quality
The power of performance
Bazan, Israel’s largest oil refinery, shortens legal reporting, increases data quality and improves data analysis capabilities thanks to its SAP Financial Consolidation implemented by Satriun.
Satriun implemented the SAP Financial Consolidation (BFC) and IFRS 16 solutions at Vétoquinol. SAP BFC is used for the group IFRS consolidation and management reporting
The 10th largest veterinary pharmaceutical company in the world, Vétoquinol is first and foremost an independent, family-owned business. Deeply committed to its values, it has always enjoyed a close relationship with its vet clients. Vétoquinol’s growth and development strategy focuses on innovation and finding the right balance between two major markets: companion animals and livestock, bred for human food. Historically based in France, Vétoquinol develops, produces and distributes a wide range of more than 700 medical and non-medical products in Europe, Americas and Asia-Pacific. With a presence in 24 countries through its subsidiaries, its strong network of 140 distributor partners provides visibility for its products in more than 100 countries.
Tetra Laval International
Satriun has implemented the SAP Financial Consolidation (BFC) application for IFRS reporting at Tetra Laval International level as well as the management reporting and consolidation SAP application at Tetra Pak sub-group level. Satriun supports the group in the management of its SAP EPM applications.
The Tetra Laval Group consists of three industry groups, Tetra Pak, Sidel and DeLaval, all focused on technologies for the efficient production, packaging and distribution of food. The group is the leader for food processing and packaging equipment in the world.
Working closely with its customers and suppliers, Tetra Pak provides safe, innovative and environmentally sound products that each day meet the needs of hundreds of millions of people in more than 170 countries around the world.
Every day millions of dairy animals are milked, fed and maintained by DeLaval solutions in more than 100 countries worldwide – and DeLaval meets with over 10 000 milk producers on their farms.
Sidel is responsible for helping to package beverages enjoyed by millions of consumers around the world every day. With 30,000 machines installed in more than 190 nations, Sidel has been helping food and beverage producers for over 100 of its 160 years of existence.
Telit Communications PLC, a global leader in Internet of Things (IoT) enablement, integrates group reporting and controlling and achieves high efficiencies in financial performance measurement and reporting thanks to a SAP Financial Consolidation platform designed and implemented by Satriun.
Satriun experts were part of Sogécap’s SAP Financial Consolidation (BFC) Solvency II testing and homologation team. The team built test plans for the EIOPA-regulated reporting and documents the Quantitative Reporting Templates required by the French Prudential Supervisory Authority – at the same time building a testing referential for the evolutions to come.
Sogécap is the Société Générale group’s life insurance and savings company. Sogécap designs innovating and high performance products to suit the savings, personal and payment protection requirements of private individuals and companies. These products are distributed through the Société Générale branch network. Within the insurance business line of the Société Générale Group, Sogécap works in close synergy with Sogessur, the non-life insurance company dedicated to the development of motor, home and GAV accident insurance.