Case Studies
How Siemens Gamesa Harmonized Their System Landscape with TIS & SAP APM
Overview
Analytics & Modeling - Predictive Analytics Functional Applications - Enterprise Resource Planning Systems (ERP) Functional Applications - Remote Monitoring & Control Systems | |
Renewable Energy Utilities | |
Business Operation | |
Process Control & Optimization Remote Asset Management | |
Cloud Planning, Design & Implementation Services Software Design & Engineering Services System Integration | |
Operational Impact
Siemens Gamesa achieved harmonized, stable, and strong processes across all entities worldwide, significantly reducing complexity and streamlining daily activities for the Treasury team. | |
The new In-house Bank allows real-time reporting and automated processes, with AI algorithms allocating inflows. | |
The Treasury team now has 100% visibility to cash balances and payment statuses, benefiting from real-time reporting and automated, secure end-to-end processes. | |
Quantitative Benefit
Siemens Gamesa shut down 600 bank accounts within the last two years. | |
85% of all inflows into the In-house Bank can be allocated and booked automatically, compared to 0% before. | |
TIS manages over $80 billion in daily cash and $2.5 trillion in annual transaction volume. | |