Treasury Based on SAP S/4HANA in Petrochemical Company

Treasury Based on SAP S/4HANA in Petrochemical Company

Large petrochemical company. It has over 40 subdivisions engaged in exploration, oilfield services, engineering, design, gas processing, and petroleum product sales in 6 countries. Operates own 500+ gas stations network.

  • Subsystem “Contracts Management" (contract management taking into account integration with existing systems)
  • Subsystem “Financial Flows Management"
  • Subsystem "Budgeting and reporting"
  • Reduction of the volume of overdue accounts payable by creating a payment calendar
  • Reduction of labor costs for preparing payments by automating the processes of payment requests approval
  • A complete, transparent and reliable information about bank accounts and liquidity forecast
  • Timely determination of cash gaps or excess funds on accounts
  • Timely decision-making on attracting or short-term placement of funds
  • Standardization and automation of the process of processing transactions for attracting and placing funds