"VION N.V. was looking for a tool to achieve a higher degree of automation for bank statement processing and cash application in SAP.
The shared service center in NL manages payment transactions for 40 entities in SAP covering a total of about 70 bank accounts at various national and international banks.
Due to industry / business requirements, our accounting processes are quite complex and different amongst our entities. As an example our reference numbers are originating from various external IT Systems and we have to manage collections on behalf of our subsidiaries which requires cross company code clearings in SAP – just to name a few.
Before engaging with EBS Workbench, we were not satisfied with our automatic matching rate and we were quite dependent on IT resources. Our expectation was to increase automation substantially and becoming independent from IT.
We started implementing EBS at 19 entities. As a first result our existing automation rate was instantly doubled.
The rollout to the remaining entities has been performed by the responsible power-user in the Shared Service Center.
During the implementation of EBS and the related training to our people, we immediately experienced the benefits of EBS:
- Immediate recognition of business partners
- Standard bookings are made directly and automatically
- Standardization across all companies / one way of working
- Efficiency and time saving
We look back on a pleasant and professional collaboration with BPI."
Monique van Straten – Zijlstra, Supervisor Cash Management Team Shared Service Center, Vion Food Nederland BV, The Netherlands