Case Study
U.S. Big Three Automaker
Client challenge
Company planned to divest of a key component sub-assembler and spin-off into a separate company.
Company worked with large IT vendor to replicate SAP systems.
Once applications and data were set up on new SAP instance, testing was required for finance processes to ensure conversions were made correctly
Solution
Tested key finance functions of Record-to-Report, Procure-to-Pay, and Order-to-Cash to ensure proper functioning of systems.
Supported the first accounting close of the newly created company.
Impact on client's business
NewCo was spun off and successfully completed first monthly close as a separate company.