An Upstream Oil and Gas Enhanced Financial Transparency by Realtime Cash Positioning Using SAP Datasphere And SAC

Overview

This energy leader operates in petroleum and logistics, relying on financial data from a complex landscape of SAP and non-SAP systems. To overcome inefficiencies in cash forecasting and financial reporting, the company embarked on a transformation journey with Applexus. By centralizing data in SAP Datasphere and adopting SAC for analytics, the project delivered a single source of truth for financial operations and equipped the organization with tools for strategic decision-making.

Major benefits realized by our client

• Centralized Financial Data: Consolidated financial data into a unified Finance Data Warehouse for a comprehensive, accurate view.
• Enhanced Cash Position Forecasting: Improved accuracy and efficiency in predicting cash flows and mitigating financial risks.
• Empowered Decision-Making: Enabled data-driven insights and proactive financial strategies with SAC's advanced analytics capabilities.
• Streamlined Financial Operations: Simplified reporting processes, saving time and enhancing productivity.
• Improved Competitiveness: Supported strategic clarity and agility in the highly competitive energy sector.

How We Did It

• Finance Data Warehouse Implementation: Built a centralized data warehouse using SAP Datasphere to harmonize financial data from SAP S/4HANA, SAP Ariba, Allegro, and non-SAP sources.
• Cash Position Analytics Use Case: Developed a pilot use case for cash position forecasting to assess data completeness and refine predictive models iteratively.
• Advanced Visualization: Integrated SAP Analytics Cloud for interactive visualizations and intuitive financial reporting.
• Comprehensive Change Management: Executed a robust change management strategy to ensure adoption, maximize ROI, and empower business users with self-service analytics tools.