Case Study: UTAC Holdings accelerates month-end financial close with SAP Enterprise Support

Optimizing the Financial Close Process and Accelerating Report Generation with SAP Enterprise Support

UTAC Holdings, a high-tech semiconductor assembly and testing company, faced a critical challenge when a faulty costing system prevented it from closing its month-end inventory balances, threatening to disrupt its financial operations and service delivery. To address this, they turned to SAP for support, specifically utilizing the SAP Enterprise Support services.

SAP provided proactive, 24x7 support to swiftly resolve the issue, rectifying the faulty process that was causing the problem. This intervention dramatically cut the time required for costing and inventory valuation from 22 hours down to just 5 hours, saving 17 hours. The results included a faster month-end financial close, a 20% improvement in productivity for the finance team, and minimal business disruption, allowing UTAC to continue delivering world-class service.

UTAC Holdings

Grace Santos

Senior Manager of Corporate IT