Mise en place d’un P&L à la marque en réalisé et en budget

CONTEXT

A French department store chain primarily positioned in fashion, luxury, and beauty brands. This Group initiated a review of the evolution of its finance and budgeting information system, guided by:

• The planned obsolescence of the Oracle Business Suite application (which handles all group accounting),
• Business and organizational optimizations identified for critical processes that depend on the integration between the retail system and the accounting tool,
• The guiding principle for this review is the overall consistency of the target IS on both functional and IT levels.

IMPLEMENTATION

Identification and analysis of existing processes / application fit. Design, specifications, and configuration of the SAP BPC 10.0 (HANA) tool for target processes (Actual, Budget, Forecast).

Definition and implementation of Business Process Flows (workflows), budget preparation for overheads, payroll, etc. Knowledge transfer to the business teams and support for data migration.

RESULTS

Rationalization of the Global IS application landscape to optimize performance, costs, and the skills of the finance & management control teams. Rationalization and automation of reporting production and simplification of its distribution. Improvement of actuals analysis and budget construction.

Transition from “production center” management control to “Analyst & Business Partner” management control and redefinition of the scope of CFO activities: “core business” activities versus activities to be repositioned within more operational functions (Purchasing, etc.).