case study - bpo accounting

International engineering group (US$600m sales)

This engineering group comprised 25 business units in 20 countries in Europe, Africa and Middle East. The business consisted of project, service and manufacturing companies.

The client had started the rollout of SAP software using standard templates and accepted the proposal to form a consolidated Pan European Finance and Accounting centre in Benelux. As each business unit implemented SAP it was integrated into the Finance and Accounting Centre and the projected 40% headcount reduction was achieved within 12 months.

Scope of service: all payments and payment processing, sales order and invoice processing, first line credit control, general ledger accounting, VAT and income tax compliance, fixed asset and project accounting, purchase order/goods received/purchase invoice matching, production of standard monthly management information packs.