Hatch from Canada is a global management, engineering, and development consultancy for raw materials, energy, and infrastructure. The company has over 9,000 employees in more than 150 countries around the world and works with hundreds of suppliers and external partners. For Hatch, we implemented important improvements in the financial processes, which led to significantly higher cost transparency for countless individual projects and thus considerably improved profitability management.
Referenzen / Case Study Hatch
Hatch
Managing project costs
profitably worldwide
The challenge
Hatch had been using an accounts payable automation solution for several years. However, for incoming invoices that involved multiple business units and required the approval of multiple people and departments, efficiency fell short of expectations and needed to be improved. In addition, the data from the Concur travel expense platform was to be automatically taken into account. The aim was to provide project managers with as accurate an overview as possible of the complete cost status at all times.
Our services
- Significantly shorten invoice processing times
- Changing the approval workflow
- Posting invoices against project items so that project-related costs can be controlled
- Check and approve all invoice items simultaneously, even if several business units are involved
- Forwarding the costs recorded in Concur directly to the project-related accounting in SAP
- Automatically import the data into the Process Director to further increase transparency
Result: cost transparency faster than ever
Everything now runs faster at Hatch. The processing times for incoming invoices have been greatly reduced, flexibility in payment processing has been increased and the use of cash discounts has been improved. At the same time, cost transparency is finally guaranteed for all projects, which makes profitable project management much easier. With the help of SAP reports, project managers now have a consolidated view of all project costs at their fingertips at all times.
Further case studies
Case Study Hatch
Managing project costs profitably worldwide
In addition, the data from the Concur travel expense platform was to be automatically taken into account.
Case Study Edgewell
One solution for 12 countries on 4 continents
Edgewell's first requirement for its SAP environment was a strategic development plan for growth-oriented accounting and to prepare for "Automation 2.0".
Case Study Qiagen
Invoice solution made fit for the future
However, further rollouts and necessary changes had an increasing impact on the efficiency of the solution.
Case Study Burda Digital Systems
Assigns invoices automatically
In the past, invoices were validated using a manual scanner. Invoice capture, checking, and further processing were too time-consuming, cost-intensive, and slow.
Case Study Thales
Transparency throughout the entire purchase-to-pay process
Thales already had a digital solution for the accounts payable department. The greatest potential for efficiency lies in automating the entire purchase-to-pay (P2P) process and significantly increasing the degree of automation of all sub-processes.
Case Study Südzucker
Significantly increased operating efficiency
Subsequent changes, optimizations, and temporary corrections impaired operational efficiency.
Case Study DACHSER
Challenging customer for 13 years
In the past, DACHSER suffered from the lack of a company-wide purchasing organization with structured processes. Orders (internal and external) were received manually via forms or telephone and entered into the system.
Case Study Flughafen München
Simplifies and accelerates processes
The company was already using a solution for automated invoice processing. New legal challenges as well as compliance requirements made the current status obsolete.
Case Study Hilti
Automation successful
Due to Hilti's dynamic growth, the manual effort had become too great. Most documents were still circulated internally by hand. In addition, the complex internal processes were putting too much strain on human resources.
Case Study Clariant.
Adaptations and rollout for over 30 countries
In collaboration with the regional experts and Clariant's Global Services, a particular challenge emerged in harmonizing the Group's global guidelines and processes with national laws.
Newsletter
Stay up to date
We look forward
to you
At the largest traffic hub in Germany and at the largest Internet hub in the world. If you're ever in the area and you have the time, we'd love to meet you in person.
Follow us
Carl-Benz-Straße 39-41
60386 Frankfurt am Main
Germany