Case Study: a leading electronic design automation company achieves a 75% reduction in manual restatement steps with TekLink SAP Analytics Cloud

Automate the restatement process leveraging SAP Analytics Cloud

TekLink worked with a leading electronic design automation company in the manufacturing sector to replace a manual financial restatement process that was slow, error-prone, and increasingly difficult to manage as business changes accelerated. The company also needed a way to track historical changes in data and product hierarchy so it could better explain results over time.

TekLink implemented a SAP Analytics Cloud restatement model integrated with the existing finance SAC model for P&L reporting, adding what-if analysis, YoY comparisons, historical tracking, and easy-to-use calculation buttons for end users. The solution also used Analysis for Office integration and detailed documentation to support adoption, resulting in a 75% reduction in manual restatement steps, a single location for all changes, improved multi-version support, and far less manual intervention.