Multi-site implementation and rich analysis reports for large enterprise
• The Group planned to roll out SAP system all over China. Over 10 Chinese subsidiaries participated in this project. A dedicated project team was assigned by the group head office to do the implementation work. The team has already successfully implemented SAP at the subsidiaries in many countries.
• At the planning phase, the SAP project team noticed that the compliance requirements of Chinese authority would significantly affect the time frame and cost of the whole project. Their research within the group showed that a joint venture under another business division of the group who had implemented SAP earlier had managed to apply the RUIJU Financial General Ledger Interface Solution.
• After further analysis, the project team decided to roll out the RUIJU Financial General Ledger Interface Solution in the entire project, rather than take efforts on complicated localisation of the Group’s standard SAP system. Consequently, the time and cost of SAP implementation within the Group was largely saved.
• One of the group’s Chinese subsidiaries was the group’s largest joint venture globally. Every month it produced over 3 million vouchers. After this subsidiary decided to use the RUIJU Financial General Ledger Interface Solution, it was able to have the PRC statutory reports ready within 2 days of SAP monthly closing. For other smaller subsidiaries, this job could be finished within one day or even half day.
• Besides the local compliance requirements, some subsidiaries required additional functions that the system produces local financial analysis reports, which further proved the agility of the financial reporting function of RUIJU’s Financial General Ledger Interface Solution. The company can have a local financial reporting analysis tool in addition to SAP.
• Three years after this project, the group upgraded the SAP system and centralised all accounting operations to its shared services centre located at its headquarter in Beijing. Without much change, RUIJU’s Financial General Ledger Interface system dealt with the upgrade collectively within very limited time. The company, thus, was able to save its operating cost significantly.