Accelerating Financial Closes with SAP S/4HANA Finance
How VirtuSwift transformed financial operations for a leading banking institution
Overview
VirtuSwift transformed financial operations for a leading banking institution with SAP S/4HANA Finance and Fioneer. With over 20 years of SAP expertise, our team used the VirtuSwift Control Platform (VSCP) to automate financial closes and ensure IFRS compliance. Facing lengthy close cycles and regulatory pressures, the client needed a modern platform. Our solution cut close times by 8 days and improved profitability by 15%, driving financial excellence.
Key Outcomes
8-Day Faster Closes
Automated financial close processes streamlined reporting.
15% Higher Profitability
Real-time analytics optimized loan and asset management.
100% IFRS Compliance
Robust configurations ensured regulatory adherence.
20% Cost Reduction
Streamlined operations lowered TCO.
VirtuSwift's finance solutions transformed our reporting.
Banking CIO
Leading Banking Institution
