Story
SAP at Swatch Group: Financial Close
Swatch Group, a consumer discretionary organization in Switzerland, uses SAP Analytics Cloud from SAP to support record to report for controllers and shared services.
Value results
| Category | Value result |
|---|---|
| Insight | Controllers and shared services work from the same SAP Analytics Cloud record for financial close |
| Capability | Financial close can be reviewed without waiting on a personal export |
| Capability | Named workflow replaces ad hoc routing for financial close |
Story
Swatch Group grew financial close faster than the local tools around it. From Switzerland, consumer discretionary teams still had to serve customers and internal partners who expected a straight answer. Controllers and shared services were the ones stitching the picture together by hand.
Rolling out SAP Analytics Cloud put record to report on SAP. SAP is the global leader in enterprise resource planning software, with S/4HANA, business technology platform services, and industry cloud applications. Swatch Group keeps the product in the path where work already happens, so controllers and shared services do not context-switch into a graveyard system used only for audits.
The visible result is steadier record to report. Financial close is easier to inspect, and adjacent groups can join controllers and shared services without a guided tour of someone's desktop.