Client: A European media company delivering entertainment services worldwide.
Objective: Deliver better value for its license payers.
EDS’ value proposition for this client: Capability of standardizing the client’s finance processes and creating a single shared financial system and service.
Results: The transformation focused on reengineering and outsourcing the finance and accounting processes around an SAP R/3 implementation and e-Business solutions, with the goals of improving information flow, standardizing processes, and consolidating 11 disparate systems. Internal trading volumes were cut by 75%, and financial management costs were reduced by 50%. Cost savings achieved through the transformation enabled the company’s competitive advantage via spending more of its capital on producing entertainment programs. Because of the transformation, the company was able to deliver further value for money to its license payers.