TerraLink Implements SAP BPC-Based Reporting for a Financial Holding
Industry: Financial Services
Client: Financial Holding Company
Solution: SAP BPC
Functional Scope:
SAP BPC — Financial Reporting Consolidation
Executive Summary
TerraLink experts implemented a budgeting and financial planning system based on SAP BPC for a major financial holding company in Kazakhstan, consolidating data from multiple fragmented accounting systems and formats.
The integration was built on SQL architecture while taking into account restrictions on direct source-system connectivity.
Customer Business Outcomes
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Accelerated preparation of consolidated financial statements in compliance with U.S. SEC requirements
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Improved transparency and reliability of financial data
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Automated IFRS and US GAAP reporting transformation processes, including data quality control and intercompany elimination
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Automated consolidation adjustments and support for multiple consolidation scopes within a complex group structure using heterogeneous accounting standards and systems (including 1C, Oracle, Colvir, and others)
Other Success Stories
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