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Case story: ERP and finance transformation for a leading, Finnish construction company

Midagon Finland helped a leading construction company renew its ERP and the related finance processes.

The challenge

The client's ERP architecture was fragmented due to an earlier fusion. There was a need to replace the legacy SAP-based finance ERP systems with a new framework that possesses modern and user-friendly tools for finance processes.

The client also needed to unify its financial processes and ways of doing business globally to standardise its data collection and thus have comparable and reliable data for business decision-making, and steering.

It was also necessary to speed up and improve the quality of financial reporting and the transparency of financial figures. 

How Midagon helped

Midagon helped the client to establish and execute a global ERP and finance transformation program, conduct the finance process & ERP renewal and to realise the related business targets.

Midagon led the program and provided experts for several key positions. Midagon’s experts worked in the following roles: Program Director, IT Lead, Test Manager, Project Manager(s), Release Manager and Project Managers for functional streams: O2C, P2P, R2R, Cash Management, Project Accounting, and Forecasting. 

Results achieved

The program was divided into three main phases/rollouts based on the countries in which the client operates:

Sweden and Norway implementation  -  go-live was successfully completed in January 2021. 

Finland implementation -  go-live was successfully completed in April 2022. 

CEE country implementation (Estonia, Latvia, Lithuania, Poland, Czech, Slovakia) is ongoing.

The legacy SAP systems in Sweden, Norway and Finland were replaced with Microsoft D365. In the same regions, legacy tools for financial forecasting and reporting were replaced with an Anaplan software solution.

Key achievements and business benefits

A set of reliable financial figures were made available for the client in Finland, Sweden & Norway. 

Process harmonisation and improvements took place as planned. 

Savings in IT application and system running costs began to materialise in the Sweden, Norway and Finland implementations.

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