Expertise:

• SAP Financials - Associate Partner

Profile:

PricewaterhouseCoopers is one of the world's leading professional advisory firms. One of the major units within PricewaterhouseCoopers is Advisory Services, offering a comprehensive enterprise-wide risk management service.

Within Advisory, our Corporate Treasury Solutions Group provides financial risk management services to corporate treasurers. The group comprises of more than 150 professionals with practical corporate treasury, banking, technology, taxation, accounting and project management skills. We organise ourselves into five Centres of Excellence in Europe (Benelux, France, Switzerland, Germany, UK), the USA and Asia Pacific. Our presence in the market has led to our involvement in many of the largest SAP CFM system projects.

SAP Belux has chosen PwC Belgium as their preferred partner for SAP's Treasury and Risk Management solution. This status recognises that PwC has achieved a remarkable knowledge, track of expertise and a number of qualified resources for CFM as well as the fact that we have created visible, state-of-the-art client references.

We find that SAP Treasury and Risk Management generally requires a different set of complimentary skills to those of regular SAP implementations. For instance, building an accounting definition for an exotic barrier option according to FAS 133 or US GAAP requires deep accounting knowledge in addition to experienced configuration experts. A typical Treasury and Risk Management rollout will also include mission critical interfaces for real-time financial data, confirmation matching, bank reporting and urgent payments. Our team of treasury consultants can supply both the treasury business knowledge and the necessary technical and application experts as required.

Managing and integrating different underlying systems (with different versions on separate instances) into SAP CFM to provide the correct levels of integration requires strong project management and strong but flexible controls and methods. Our team uses a consistent methodology and has experience in large scale, global implementations. PwC has developed a fast-track approach to implementation which utilises the experience we have developed in SAP Treasury and Risk Management application development, as well as making use of our extensive library of database templates and configuration scripts.