Story
BASF Standardizes Financial Close on SAP
BASF, a materials organization in Germany, uses SAP BTP from SAP to support record to report for controllers and shared services.
Value results
| Category | Value result |
|---|---|
| Capability | Financial close can be reviewed without waiting on a personal export |
| Capability | Named workflow replaces ad hoc routing for financial close |
| Capability | Record to report stays visible to adjacent teams through SAP BTP |
Story
Materials work at BASF spans more than one site, even when headquarters sits in Germany. Financial close was splitting across regional habits. Controllers and shared services asked for a shared way to run record to report without freezing local judgment.
SAP (SAP BTP) is what they standardized on. SAP is the global leader in enterprise resource planning software, with S/4HANA, business technology platform services, and industry cloud applications. BASF uses it as the system of record for financial close, with controllers and shared services as the primary operators and other groups coming in through the same queue.
Leaders get a picture they can actually walk. Teams get fewer mystery statuses. The story is about operating change, not an unpublished percentage.