Office of CFO Success Story 2
Food & Beverage Major in Kuwait
Transforming payments, reconciliation, and treasury operations with automation and real-time integration across SAP, bank, and POS ecosystems.
Program Type
Office of CFO Transformation
Primary Focus
Payments, Treasury, and Reconciliation
Objective
Automation and Real-Time Visibility
Customer Challenge
- Payments were manually verified and processed in the bank portal before vendor payments, consuming significant time and effort.
- Managing collections from banks for card payments against daily store and website transactions was cumbersome.
- Treasury-related transactions were manually recorded in the financial accounting system, creating inefficiencies.
- Limited inventory visibility and control, along with delayed data flow, reduced operational efficiency.
Solution Offered
- Enabled automated vendor payments through SAP workflow with direct bank integration.
- Implemented a custom solution to automate and simplify card reconciliation and delivery-partner settlement.
- Automated treasury postings in FI to ensure smoother and faster financial operations.
- Implemented real-time synchronization between POS and SAP S/4 using SAP CPI.
Benefits Realised
75% reduction in manual reconciliation effort.
90% reduction in manual intervention with background EBS processing.
45% improvement in overall operational efficiency through faster postings and real-time data visibility.