Case Study
Rizing Transforms Digitally with SAP S/4HANA Public Cloud
Company Overview
Rizing, a Wipro Company, provides real-world expertise to implement end-to-end SAP-based solutions. Our team of specialized Human Capital Management, Retail, and Enterprise Asset Management experts, along with the technologies of SAP Business Technology Platform and Cloud deliver business value to Fortune 500, small, and medium enterprises.
Challenge
Like many companies our size, we needed a solution for:
- Inconsistent processes and data from working in 16 different countries with different currencies under varying regulations
- Disparate systems for accounting, CRM, project management, and timesheets
- Lack of a single source of truth for decision-making
- Time-consuming and manual data consolidation processes
Project Goals
We wanted to:
- Achieve consistency in processes and data across the organization
- Implement a unified system for all business operations
- Improve our technology environment’s ease of use
- Enhance reporting capabilities and data analysis
- Streamline financial processes and reduce closing times
“Using our former ERP system to combine and consolidate information across multiple departments was arduous. SAP S/4HANA lets us take all that information and get it to a single source of truth, have robust reporting around it, and cut down the manual time it takes to pull information out of the system. “
Crawford Owens, Global Client Executive at Rizing LLC
Solution
We implemented SAP® S/4HANA Cloud and SAP Business Technology Platform (BTP) to address our challenges. We:
- Integrated SAP S/4HANA Cloud for core ERP functions
- Used SAP BTP to expand solutions across the ecosystem
- Automated financial processes and data validation
- Developed robust reporting and dashboards
End Result
The implementation of SAP solutions led to significant improvements:
Operational Efficiency:
- Reduced monthly close process by 15-20 days
- Decreased accounts receivable terms by 15-20 days
- Consistently closing financial periods within 2 days after month-end
Data Management:
- Achieved a single source of truth for decision-making
- Repurposed roles from data movement to data analysis
Business Performance:
- Improved targeting of customer demand
- Enhanced resource allocation and project management
- Enabled sales team restructuring based on better information
Financial Benefits:
- Reduced working capital needs
- Maintained a lean and competent finance organization
- Transparency of pricing
Scalability:
- Positioned us for future growth with a scalable solution
“One of the value propositions for using the integrated system from SAP is that we’ve been able to repurpose roles. In the legacy environment, we had three people committed to moving data. Move, check, validate, load. Now, we have those three people analyzing the information. It’s much more fulfilling for them, and we can now use that information to make really good decisions.”
Len Harms, Chief Experience Officer (CXO) of Rizing