Case Study: US-Based World Consumer Goods Leader streamlines financial closing and improves forecasting accuracy with LTIMindtree

Streamlined Financial Processes and Forecasting with Advanced SAP Solutions

US-Based World Consumer Goods Leader, a global consumer goods company with 65+ brands, was struggling with inaccurate forecasting, long financial close cycles, and the need for a stronger finance data and analytics platform. The company turned to LTIMindtree for support with advanced SAP-based finance transformation, including tools such as Biz Rules Framework, Data Exploder, and Advanced aDSO Activation.

LTIMindtree reimagined 14 finance processes, built and rolled out a core finance solution, connected 13 SAP instances to CFIN, and delivered 42 accelerators to simplify CFIN operations. The result was a 30% reduction in infrastructure and operational costs, month-end close time cut from 11 days to 6 days, and forecasting accuracy improved from 72% to 90% for more than 200 forecasters.