Case study: How Siemens streamlined the financial close process through automation

May 23, 2014

This video is hosted by SAPinsider and sponsored by Trintech.

In 2009, Siemens launched a project to “bundle” their regional infrastructure functions into a Global Shared Services organization with a goal to improve efficiency and compliance and to standardize on a common set of processes across the Finance function.

Presented live at the SAP-SAPinsider Financials 2014 conference in Orlando, this case study session provides insight into the challenges of automating account reconciliations, journal entry, and other portions of the financial close process in an SAP-based environment.

Watch this session to:

  • Learn how Siemens leveraged record-to-report technologies to complement its investment in SAP
  • Understand where automation can reduce the effort and time of the financial close process
  • Review the best practices and lessons learned during the solution rollout
  • Get a snapshot of the ROI of finance automation at Siemens and how it can be applied to your company

Presented by Hung Nguyen, Siemens and Aaron Veach, TrintechTrintech

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