Talan Transforms Financial and Project Management with GROW with SAP
A Growing B2B Services Company
Talan is a leading consulting and technology services company specializing in digital transformation, innovation, and operational performance. With a global presence and over 30 years of innovative thinking, Talan empowers SMBs by enabling them to harness the power of cutting-edge ERP technologies. Known for its dual expertise in business and technology, Talan provides an active, structured, and transparent guidance to deliver scalable solutions that meet their clients’ unique needs.
Challenges: A Manual, Fragmented System Limiting Growth
Manual Billing Process:
Without integration between Changepoint and Microsoft Great Plains, Talan's teams faced frequent delays, human errors, and repetitive tasks, affecting overall productivity.
Fragmented Revenue Recognition:
A complex process involving multiple manual validations increased the risk of errors and added weight to financial operations.
Inefficient Cost Management:
Dependency on Excel and the lack of consolidated data made resource management and cost optimization challenging.
Lack of Visibility and Decentralized Data Management:
Project teams lacked real-time visibility into financial performance, complicating strategic decision-making and contract management.
Employee Performance Tracking and Data Management:
Employee records were manually managed in Excel, limiting access to HR information, while the lack of performance tracking tools impacted transparency and evaluation accuracy.
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The Solution: SAP S/4HANA Cloud Public Edition for a Comprehensive and Scalable Transformation
In response to these challenges, Talan chose S/4HANA Cloud to transform its financial and project management operations, integrating a suite of SAP solutions within just seven months:
Post-Implementation Results and Benefits: Gains in Productivity, Visibility, and Financial Efficiency
Thanks to the implementation of S/4HANA Cloud and SAP solutions, Talan quickly realized tangible results:
- Increased Billing Capacity: With S/4HANA Cloud, Talan increased its billing from 350 manual invoices per month in 2019 to close to 600 automated invoices per month in 2024, optimizing the billing process, reducing error risks, and ensuring compliance with ASC 606 and IFRS 15 accounting standards.
- Real-Time Visibility: Through SAP Analytics Cloud's interactive dashboards, teams now have a clear, real-time view of project financial performance, enabling quick adjustments and informed decisions.
- Simplified Expense Management: SAP Concur centralized expense processing, reducing errors and improving cost tracking for each project and employee.
- Centralized and Secure HR Data: SuccessFactors brought all HR information into a single, secure platform, enhancing transparency and enabling employees and managers to access data more easily. In just a few months, Talan not only doubled its billing capacity but also improved the accuracy of its financial forecasts, contributing to increased overall project profitability.
Talan: A Key Player in Digital Transformation
Today, thanks to this digital transformation with S/4HANA Cloud Public Edition, Talan has strengthened its position as a leader, guiding its clients in implementing modern and efficient solutions. If your business seeks to optimize its financial, HR, or project management operations, contact us to discover how we can support your transformation journey with scalable solutions that grow with your company.
