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Swisspower Renewables AG

Swisspower Renewables AG

Cases

Swisspower

Renewables AG

Swisspower Renewables AG invests and operates onshore wind power and hydropower plants in Central Europe. The company achieves high efficiency in Group Reporting thanks to the CCH Tagetik solution implemented by Satriun.

Key Facts

  • To bring the digitalization of group reporting to a next level, Swisspower Renewables AG decided to replace its spreadsheet-based consolidation and budgeting process by a modern group consolidation, planning & reporting solution
  • Swisspower Renewables AG selected CCH Tagetik as future solution and needed a trusted partner that was able to bring best in class practices for both, its functional consolidation & budgeting requirements and the new software CCH Tagetik

 

The Solution

  • Design and implementation of CCH Tagetik for consolidation, budgeting and mid-term planning
  • Data integration with Microsoft Dynamics NAV via CCH Tagetik ETL
  • Workflow driven and tailored budget, mid-term planning and business planning processes with uniform structures including detailed sub-plans for OPEX and CAPEX next to main financial statements including cash flow
  • The design was leveraging Satriun’s starter kit for CCH Tagetik, providing business content & templates for data model, forms & reports as well as processes, based on best demonstrated practices focusing on CCH Tagetik standard functionality

 

Key Benefits

  • Fast, robust & accurate reporting and planning processes, designed to be digitalized using the standard functionalities of the new technology
  • Streamlined data model across scenarios with an optimized group chart of accounts, reporting package, automated cash flow statement and decentralized IC reconciliation, as well as simplified reporting & planning processes tailored to the exact needs of Swisspower Renewables AG

 

Satriun as our implementation partner and CCH Tagetik as our new CPM system provided the optimal fit. Satriun delivers a unique blend of excellent knowledge of both group accounting & controlling as well as CCH Tagetik. Their committed and customer focused approach was a critical success factor to achieve our project objectives on time and in budget.

Diego Kuonen

CFO, Swisspower Renewables AG

Solevo Group

Solevo Group

Cases

Solevo Group

Solevo, a leading distributor of chemicals and inputs for specific industrial and agricultural segments in Africa achieves high efficiency in group consolidation and reporting thanks to its CCH Tagetik solution implemented by Satriun.
Key Facts

  • Following its spin off from Louis Dreyfus Group, Solevo needed to select and implement its own group consolidation and management reporting solution
  • Solevo needed a partner that understood both its former group consolidation solution SAP Financial Consolidation and the selected solution CCH Tagetik
  • The project needed speedy execution and consultants that could provide hosting for SAP Financial Consolidation, leverage the existing configurations and configure CCH Tagetik in record time based on a ready-to-use Starter Kit

 

The Solution

  • While still using the legacy SAP Financial Consolidation solution on a Satriun-hosted cloud, Solevo and Satriun designed the CCH Tagetik solution
  • The design was based on Satriun’s Easy Start starter kit for CCH Tagetik, providing the project team with pre-configured content according to good practices
  • The CCH Tagetik Consolidation application has been purposely designed for Solevo, only leveraging some historical configurations from former shareholder
Key Benefits

  • Now Solevo is using modern technology, allowing for agile closings and reporting
  • The CCH Tagetik application is tailored to the exact needs of Solevo – in terms of chart of accounts, analytical dimensionsand calculations
  • The swift transformation of the Corporate Performance Management platform contributed to an efficient carve-out process for the group

 

Satriun provided exactly the service we needed: expertise on our former SAP solution, a pre-configured starter kit for CCH Tagetik and the expertise to tailor it to our exact specifications. The result of the rapid implementation is a new solution for our group Consolidation, Statutory and Management Reporting that perfectly fits our needs.

Nicolas Piquet-Michot

Head of Accounting, Reporting & Consolidation, Solevo Group