In order to improve cost management and financial performance, a leading fashion house undertook a complete audit of all its financial flows. The aim of this strategic initiative was to optimize product management processes in PLM, inventory flows, sales and their integration into the SAP financial core. The approach adopted covered three major areas: optimization of the Procure-to-Pay process, analysis of the analytical model and allocation rules, and assessment of the quality of the data and IT tools in place. This approach has enabled us to identify key areas for improvement in order to strengthen the governance of financial flows and increase operational profitability.
Business expertise: in-depth knowledge of financial and business processes, guaranteeing a personalized, precise approach.
Mastery of ERP systems: exhaustive audit of existing systems thanks to our expertise in market ERP standards.
Data architecture and qualification: improving data quality for optimal flow integration.
Strategic recommendations: concrete solutions to improve the governance of financial flows.
Accounting process mapping: detailed analysis of financial flows impacting cost management.
Review of the analytical model: validation and updating of the Target Operating Model with a focus on the SAP Core Model.
Cross-functional approach: taking into account interactions between different departments and strategic issues.
Regular review of investigations: ongoing project monitoring to ensure alignment with financial objectives.
Mapping of management flows: detailed study of collection management processes via PLM and interfaces with SAP.
Supply flow analysis: in-depth assessment of the Procure-to-Pay process and associated financial flows.
Costing and cost management: review of costing methods and margin management in SAP.
Final recommendations: development of a dysfunction matrix and proposals for improvement.
Uncertain master plan due to lack of documentation and loss of internal knowledge.
Complexity of cross-functional processes due to functional shortcomings.
Lack of precise documentation on financial flows and data governance.
Difficulty aligning IT tools with business needs.
Improved data quality and integration into financial systems.
Optimized costing for better margin control.
Enhanced financial governance through improved documentation and optimized management rules.
Greater operational efficiency thanks to a clearer view of financial flows and simplified management.
