Driving Operational Excellence: SAP AMS, SAP SAC Implementation & Financial Consolidation for Sonic Biochem by BSC Global
Sonic Biochem is a leading manufacturer of bio-based products, specializing in enzymes and other biochemical solutions for industries like pharmaceuticals, food, and beverages. With an expanding presence in global markets, Sonic Biochem is committed to innovation and sustainability in its operations.
To maintain its competitive edge, Sonic Biochem decided to enhance its business processes through SAP Application Management Services (AMS), implement SAP Analytics Cloud (SAC) for better data-driven decision-making, and improve its financial consolidation processes. They partnered with BSC Global to execute these initiatives.
Challenges
- Complex and Fragmented SAP Environment:
Sonic Biochem’s SAP landscape had grown over time and lacked the streamlined management required to handle daily operations effectively. The internal team was struggling to manage complex incidents and ensure system uptime. - Inefficient Financial Consolidation:
Sonic Biochem’s finance team was dealing with time-consuming manual processes for financial reporting and consolidation. The lack of real-time insights made it difficult to quickly assess financial performance across multiple entities and geographies. - Limited Data Analytics Capabilities:
The company faced challenges in leveraging its data for strategic decision-making. There was a need for an integrated analytics platform that could provide real-time insights and support forecasting, reporting, and visualization. - Need for Cost Optimization:
The increasing operational costs of managing and maintaining SAP systems, along with the need for scalability in financial reporting, required a more cost-effective and efficient solution.
Solutions Provided by BSC Global
- Comprehensive SAP AMS Support:
- BSC Global provided 24/7 SAP AMS support, ensuring quick incident resolution and proactive system monitoring to minimize downtime.
- Managed and maintained Sonic Biochem’s SAP ERP, ensuring smooth operation across its various modules like SAP FI/CO, MM, and SD, allowing the finance and operations teams to focus on core activities.
- SAP Analytics Cloud (SAC) Implementation:
- Implemented SAP Analytics Cloud (SAC) for real-time data analysis, reporting, and forecasting.
- Integrated SAC with Sonic Biochem’s SAP ERP to deliver end-to-end analytics, providing the company with a single source of truth for business intelligence and enabling advanced analytics capabilities.
- Financial Consolidation Optimization:
- Streamlined financial consolidation processes using SAP Financial Consolidation tools, reducing manual effort and improving accuracy.
- Implemented real-time data integration between multiple business units, ensuring efficient consolidation and reporting across all subsidiaries.
- Custom Reporting and Dashboards:
- Developed custom financial and operational dashboards to provide key insights into sales, inventory, and financial performance.
- Designed KPIs and reports tailored to Sonic Biochem’s specific business needs, allowing leadership to make data-driven decisions quickly.
Results Achieved
- Enhanced SAP System Performance:
- Improved system uptime and operational efficiency with proactive incident management, ensuring 99.8% system availability.
- Reduced incident resolution times by 40%, improving user satisfaction and productivity across departments.
- Streamlined Financial Consolidation:
- Reduced financial consolidation cycle time by 30%, allowing Sonic Biochem to meet reporting deadlines faster and more accurately.
- Improved financial data accuracy and reduced errors due to automated processes.
- Data-Driven Decision Making:
- Provided real-time business insights with customized dashboards, helping leadership make timely, data-backed decisions.
- Enabled advanced forecasting and scenario planning with SAP SAC, enhancing strategic planning capabilities.
- Cost Savings:
- Reduced the operational cost of managing SAP systems by 25% through effective AMS support, reducing the need for in-house resources and optimizing the overall SAP landscape.
- Improved Reporting Efficiency:
- SAP SAC’s self-service reporting features reduced dependency on IT for reporting, empowering business users to create and access reports independently.
- Facilitated seamless financial reporting and compliance with integrated and automated financial processes.
Conclusion
By partnering with BSC Global, Sonic Biochem successfully enhanced its SAP landscape with SAP AMS support, SAP Analytics Cloud (SAC), and financial consolidation tools. These improvements helped the company streamline operations, optimize its financial reporting, and drive data-driven decision-making. This case study highlights the value of integrated SAP solutions in improving business efficiency, reducing costs, and enabling better strategic planning.