Integration of company codes and inter-company processes to reduce cost and gain leverage

Initial Situation

In Denmark, Finland, Norway and Sweden, Henkel had separate legal entities. The challenge was to integrate these company codes and their inter-company processes to reduce cost and gain leverage. Eventually this meant centralising all financial, controlling and logistical activities into one company, Henkel Norden AB located in Sweden.

Our Solution

Development of automatic inter-company billing process (the complete flow, not only the sales flow in the selling affiliate, but also the vendor invoice posting in the receiving affiliate)
Mapping old local processes and integration into Henkel Norden approved processes
Ensuring that MM/SD processes are correctly integrated in the finance and controlling requirements (ensure correct process integration between various modules and teams)
Implementation of FI validation rules, in order to help prevent incorrect financial postings from users
Implementation of LSMW for master data migration activities (mainly material master related)
Data migration programs for open purchase orders using LSMW
Redesign of controlling concept using internal order settlement and cost center-cycles to CO-PA, cross-company code allocations
Automation of payment process using OCR features
Facilitation of a fast period-close process

This included the following activities:

Proposal and definition of new organisational structure in blueprint phase
Definition of new processes
Verification and redesign of FI/CO allocation of processes, therefore understanding Henkel CO guidelines and posting logic
Customising activities in CO-PA, SD, MM, FI
Participation in project management
User training
Catalyst in the go-live process
Post-go-live support