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Driving Financial Transformation with SAP Group Reporting
Hexion, a global leader in specialty chemical manufacturing, partnered with Syskoplan Reply to successfully implement SAP Group Reporting 2202 in just 8 months, leveraging best practices and agile methodology.
The VISION
Empower Hexion with innovative, agile financial reporting solutions that streamline processes, enhance efficiency, and align with their strategic growth objectives.
THE CHALLENGE
Tackling Hexion's financial consolidation transformation
With over 125 years of history, Hexion has long been an innovator in its industry. Headquartered in Columbus, Ohio, and operating across 27 facilities worldwide, Hexion sought to modernize its financial consolidation processes to better align with its strategic objectives.The company faced the complex challenge of replacing its legacy SAP BusinessObjects Financial Consolidation (BFC) system as part of their early journey to S/4HANA RISE. The goal was clear: to consolidate financial data across 25 entities from a single ECC system, ensuring business continuity while creating a streamlined reporting environment. This included converting over 50 reports for go-live and meeting the needs of diverse stakeholders.
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HOW WE DID IT
Driving Hexion's successful SAP Group Reporting implementation
Hexion partnered with Syskoplan Reply to implement SAP Group Reporting 2202. The project team applied a multi-faceted approach, combining SAP’s best practices with an agile methodology to deliver success within an eight-month timeline.
Business User
Engagement
Involving business users early in the process was key. Key project roles were assigned to ensure active participation, driving faster adoption and meaningful feedback.
Accelerated
Implementation
SAP’s pre-configured processes laid a solid foundation, enabling a swift implementation timeline without sacrificing quality.
Agile
Methodology
Through iterative sprints, the team delivered interactive “playbacks” to demonstrate new functionalities, educating stakeholders and allowing real-time adjustments based on feedback.
Change
Champions
Identifying and empowering change champions within Hexion helped ensure understanding of advanced concepts and system architecture, driving adoption across the organization.
Preparation and
Alignment
Significant upfront investment in education and requirement gathering established a strong foundation. By aligning the project with Hexion’s broader strategic objectives, the team avoided an IT-centric approach and focused on delivering tangible business value.
The Syskoplan Reply team demonstrated deep expertise by creating custom tasks and selections, streamlining the process and eliminating the need for manual journal entries. End-users reported a smooth transition throughout the process, highlighting the team’s ability to deliver an efficient and user-friendly solution.
Kristen VanDyne
Finance Manager @ Hexion
THE VALUE DELIVERED
Empowering Hexion to achieve operational efficiency and strategic alignment
By consolidating financial data from 25 entities and converting over 50 reports, the project streamlined Hexion’s reporting environment, significantly enhancing efficiency.
Early engagement with business users and the identification of change champions played a critical role in driving adoption and accelerating time-to-value.
These champions were instrumental in facilitating the understanding of the system’s architecture, ensuring a smooth transition, and fostering widespread acceptance. With a strong focus on aligning the project to Hexion’s broader strategic goals, the implementation delivered measurable business value. The agile methodology provided the flexibility needed to adapt to challenges, ensuring the team could dynamically address evolving business needs.
Hexion Inc. is a global specialty chemical manufacturing company with over 125 years of history. Headquartered in Columbus, Ohio, Hexion operates approximately 27 facilities around the world. It produces thermoset resins and related technologies and specialty products.
Syskoplan Reply, part of the reply network of companies, is a SAP consulting company with a dedicated focus on business process and SAP consulting. With almost 20 years of experience, Syskoplan Reply is an SAP Gold partner with recognized expertise in various industries executing domestic and global transformative projects.