Case Study: CPFL Energia achieves faster financial consolidation with SAP BPC 10.1 on HANA and Neoris

How to expedite data consolidation after a major corporate merger

CPFL Energia, a major Brazilian utilities company, faced significant challenges in consolidating financial data from its 44 merged companies. They needed to drastically optimize their monthly financial closing process and reliably generate cash flow projections for both individual companies and the consolidated group. To address this, CPFL Energia worked with vendor SAP to implement a new system.

SAP, through its SAP BPC 10.1 on HANA solution, provided an in-memory computing platform that accelerated all financial processes. This implementation enabled real-time data consolidation and previously impossible cash flow simulation scenarios. The results were transformative: the month-end closing time was reduced from over six hours to just 30 minutes, and the finance department's workload was cut by 90%, saving 72 hours per month and allowing for much faster decision-making.

CPFL Energia

Marcelo Carreras

CIO