An energy and utilities group with 22 subsidiaries on SAP S/4HANA rolls out PayConnect's close and reconciliation platform to every entity within a single quarter.
This energy and utilities group operates 22 subsidiaries, each running on a shared SAP S/4HANA instance but with its own close calendar and local reporting requirements. Prior to PayConnect, there was no common platform for close management across the group, and rolling out any new finance process to all 22 entities typically took the better part of a year.
PayConnect's template-based deployment model let the group define a single close and reconciliation template centrally, then roll it out to each subsidiary with local configuration for statutory requirements.
All 22 subsidiaries were live on PayConnect within 90 days of project kickoff — a fraction of the time a comparable rollout had taken in the past.
See how PayConnect can cut your close cycle and eliminate manual reconciliation in a 30-minute demo.
With the core rollout complete, the group is now standardizing intercompany elimination workflows across all 22 subsidiaries.
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