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Out perform through our advanced industry and technology expertise.

OVERVIEW

Cognizant’s consulting practice helps customers achieve quantifiable business outcomes through our advanced industry and technology expertise. We ensure that existing investments are primed for the agility firms need—to integrate emerging technologies to take advantage of new growth opportunities while streamlining operations.

We offer an innovative consulting partnership aligned with the shift of more line-of-business owners making IT decisions. Our SAP Solutions Consulting Office delivers industry-aligned service offerings and solutions while leveraging emerging technologies. The solutions consulting office focuses on three areas:

  • SAP business consulting–consulting-led approach enabled by technology to cater to business needs
  • Industry-aligned business solutions and emerging technologies
  • Business process-led cloud transformation with a combination of deployment models (hybrid, complete cloud, side-by-side) and Human Capital Management (HCM).

SERVICE OFFERINGS

The key offerings of the SAP Solutions Consulting Office include:

  • IT strategy consulting
  • Business and knowledge process consulting
  • Project management consulting
  • Technology consulting
  • Platform usability consulting (UI5, Fiori)
  • Due diligence framework and methodologies for emerging solutions and technology
  • Business process reference models for step-by-step guidance for process mapping
  • Value assessment of business processes
  • SAP technical assessment
    • Assess SAP infrastructure landscape with reference to best practices for effectiveness and efficiency
    • Define roadmap for maturing to best practices

RESULTS

Leading European bank consolidates market leadership position

Challenge

A leading European bank wanted to simplify load administration processes and the go-to-market timeline for all mortgage products.

Solution

As a strategic consulting partner to the client, we helped the firm select and implement the best SAP solution–IS Banking Loans. We followed our “Think Big, Start Small and Scale Fast" approach for the successful implementation.

Impact

Simplified

client’s IT landscape and business processes

Enabled

client to consolidate its market leadership in syndicated finance deals and working capital solutions

95% reduction

in time for on boarding of loans

Quicker time-to-market

for entire mortgage-based financing needs

Standardized interface

for simplicity of maintenance and cost benefits

RESULTS

U.S.-based specialty healthcare company harmonizes business processes and improves value chain visibility

Challenge

A $2.9-billion specialty healthcare company acquired multiple companies, which resulted in a disparate ERP landscape. The firm needed to streamline and simplify the business processes of the consolidated entity.

Solution

We conducted a due diligence study that helped identify gaps with industry best practices and opportunities of improvement. We transformed the complex, disjointed IT landscape with multiple ERP systems into a consolidated, single-instance SAP system with standardized process, technology and data models. We developed an HANA-based FI-CO-PA (profitability analysis) accelerator to provide real-time business insight.

Impact

Record to Report:

Reduced report generation time from 3 days to 20 minutes

Time taken to close books in a single SAP environment is much quicker than the existing process

Platform to support central transactions processing

Procure to pay:

Integrated accounting and valuation for purchased inventory

Single system for accounting and accounts payable to enable efficient shared services

Better planning and forecasting driven procurement

Order to cash:

Automated return authorization, cash application and deduction management

Proof of delivery for better revenue recognition

Better analytics for chargeback and government reporting

Supply Chain:

Improved visibility of orders, production and inventory

Good Manufacturing Practices compliant validated data

 

RESULTS

Music company streamlines processes of diversified business portfolio

Challenge

A $1.35-billion music company faced multiple challenges including a high cost of operations and inconsistent reporting and decision-making stemming from disparate business processes.

Solution

We created a business case for consolidation and developed a comprehensive SAP’s best practices based global template to drive standardized business processes globally.

Impact

Globally

consistent reporting

Standardized interfaces for critical functions like

digital/physical sales, royalty and accounting

Compliance and implementation of SEPA

(New European banking payment mechanism) for payments.

The firm plans to extend SAP footprint for 13

Latin America countries and four additional European Union countries owing to the success of this rollout program.

RESULTS

Public research, development and manufacturing company overhauls talent management

Challenge

A $4-billion American public research, development and manufacturing company had a legacy Learning Management System (LMS) that lagged behind industry leading products. The legacy system did not have the advanced learning functionality required to support complex compliance training requirements.

Solution

We partnered with the firm and helped them move to a cloud-based HCM model. We performed a detailed evaluation of client's current and future state and recommended a three- wave approach for implementation of a validated LMS using Success Factors.

Impact

Client achieved a competitive edge in

medical device industry from validated LMS

Solid foundation laid for innovative

talent solutions in the future

Significant cost savings

through sun-setting of legacy system

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SAP Business Consulting Services | Solutions | Cognizant Technology Solutions