List of SAP BusinessObjects Financial Consolidation (BFC) Customers
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Since 2010, our global team of researchers has been studying SAP BusinessObjects Financial Consolidation (BFC) customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased SAP BusinessObjects Financial Consolidation (BFC) for Financial Consolidation and Close from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using SAP BusinessObjects Financial Consolidation (BFC) for Financial Consolidation and Close include: TotalEnergies, a France based Oil, Gas and Chemicals organisation with 100000 employees and revenues of $195.61 billion, BP, a United Kingdom based Oil, Gas and Chemicals organisation with 100500 employees and revenues of $189.19 billion, AXA, a France based Banking and Financial Services organisation with 100041 employees and revenues of $105.46 billion, Carrefour, a France based Retail organisation with 234750 employees and revenues of $101.16 billion, Christian Dior, a France based Retail organisation with 195831 employees and revenues of $99.97 billion and many others.
Contact us if you need a completed and verified list of companies using SAP BusinessObjects Financial Consolidation (BFC), including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight | Insight Source |
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a.s.r. | Insurance | 4294 | $23.9B | Netherlands | SAP | SAP BusinessObjects Financial Consolidation (BFC) | Financial Consolidation and Close | 2013 | n/a | In 2013 a.s.r. deployed SAP BusinessObjects Financial Consolidation (BFC) to support Financial Consolidation and Close across accounting and statutory reporting functions. The implementation was centered on the Accounting & Consolidation team and the newly formed Financial Management & Control department, with targeted pilots and testing within the Health Insurance product line where BFC was used for consolidation testing and reporting validation. SAP BusinessObjects Financial Consolidation (BFC) was configured to address core consolidation workflows typical for Financial Consolidation and Close, including chart of accounts mapping, data collection and validation rules, intercompany eliminations, currency translation, and close orchestration. Configuration work emphasized balance sheet specification controls and position mappings, reflecting the organization s focus on improving the quality and traceability of financial flows into the consolidation layer. The implementation integrated BFC with multiple source systems via position-level connections to ensure automated data feeds into the consolidation process, this integration work was part of a broader Data Quality initiative to improve financial flows from source systems to the financial system. SAP Disclosure Management was also used in parallel for preparation of external annual accounts and to align statutory reporting outputs with the consolidation dataset, supporting regulatory reporting needs such as WFT reporting to DNB and QRT testing for Solvency II. Governance changes accompanied the technical rollout, with the Financial Management & Control department taking ownership of mapping rules, balance specification content control, and testing protocols for statutory reports and board reporting. Project activities included testing cycles for BFC within Health Insurance, contributions to annual accounts and interim reports, and close coordination between accounting, reporting, and product line finance teams to embed consolidation workflows into the planning and control cycle. | |
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Abeille Assurances | Insurance | 4200 | $800M | France | SAP | SAP BusinessObjects Financial Consolidation (BFC) | Financial Consolidation and Close | 2017 | n/a | In 2017 Abeille Assurances implemented SAP BusinessObjects Financial Consolidation BFC as its group solution for Financial Consolidation and Close. The rollout focused on the corporate finance function at the company headquarters in Bois-Colombes, France, aligning consolidation activities with a finance organization that includes a Real Estate Accounting Department responsible for SCI and FIA reporting, within a company of approximately 4,200 employees and reported revenue of 800,000,000 euros. The SAP BusinessObjects Financial Consolidation BFC implementation was configured to support standard consolidation capabilities expected in the Financial Consolidation and Close category, including a consolidation engine for statutory consolidation, intercompany elimination workflows, currency translation, consolidation journal adjustments, and close task orchestration. Configurations reflected a monthly, quarterly, and annual close cadence to mirror the team schedules for producing closing statements and net asset value calculations for managed SCIs and related real estate entities. Operational coverage centered on group financial close and the Real Estate Accounting Department, with role based access controls and audit trail features to support finance and accounting users who produce balance sheets, income statements, and tax provisioning outputs. The deployment was positioned to centralize consolidation data flows from general ledger and subledger feeds, enabling standardized reporting and disclosure processes across insurance and property entities. Governance included process harmonization efforts within the finance organization to standardize closing schedules, control points for provisioning and PDD determinations, and documentation for auditors and financial controllers. SAP BusinessObjects Financial Consolidation BFC was used as the authoritative consolidation engine to enforce consistent consolidation rules and structured close workflows across the finance function. | |
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ABN AMRO | Banking and Financial Services | 22267 | $10.4B | Netherlands | SAP | SAP BusinessObjects Financial Consolidation (BFC) | Financial Consolidation and Close | 2013 | n/a | In 2013 ABN AMRO implemented SAP BusinessObjects Financial Consolidation (BFC) for Financial Consolidation and Close. The initial implementation targeted the bank s finance and risk reporting landscape, focusing on consolidation and regulatory close processes with operational activity noted in the Amsterdam area and coordination across finance and risk teams. The SAP BusinessObjects Financial Consolidation (BFC) deployment included core consolidation engine configuration, close management workflows, currency translation and multi ledgers, intercompany eliminations, and automated journal posting and adjustments. The implementation supported regulatory reporting use cases, with explicit workstreams for IFRS9, FINREP and COREP reporting, DPM 2.10 compliance updates, and Basel III related reporting for credit risk, market risk, operational risk and capital adequacy metrics. Integration work emphasized data gathering and model design for Finance and Risk Reporting, aligning source data feeds into the BFC data model and mapping routines to support consolidated and regulatory outputs. Testing was structured and multi layered, including functional, regression, user acceptance and performance testing, and the program provided user support during design, implementation, version upgrade and configuration change phases. Delivery and governance followed Agile scrum practices and DevOps oriented deployment methods, with Business Analysts and SAP BFC Developers collaborating directly with business counterparts from planning through implementation. Governance included iterative sprint delivery, requirements refinement through team workshops, and structured user acceptance processes to validate finance and regulatory reporting functionality. | |
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Manufacturing | 2900 | $2.3B | France | SAP | SAP BusinessObjects Financial Consolidation (BFC) | Financial Consolidation and Close | 2024 | n/a |
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Consumer Packaged Goods | 120 | $10M | Mexico | SAP | SAP BusinessObjects Financial Consolidation (BFC) | Financial Consolidation and Close | 2016 | n/a |
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Consumer Packaged Goods | 200 | $25M | Netherlands | SAP | SAP BusinessObjects Financial Consolidation (BFC) | Financial Consolidation and Close | 2021 | n/a |
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Professional Services | 20 | $4M | Poland | SAP | SAP BusinessObjects Financial Consolidation (BFC) | Financial Consolidation and Close | 2020 | n/a |
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Transportation | 50 | $5M | Singapore | SAP | SAP BusinessObjects Financial Consolidation (BFC) | Financial Consolidation and Close | 2015 | n/a |
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Manufacturing | 500 | $60M | France | SAP | SAP BusinessObjects Financial Consolidation (BFC) | Financial Consolidation and Close | 2020 | n/a |
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Leisure and Hospitality | 10518 | $1.3B | France | SAP | SAP BusinessObjects Financial Consolidation (BFC) | Financial Consolidation and Close | 2019 | n/a |
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Buyer Intent: Companies Evaluating SAP BusinessObjects Financial Consolidation (BFC)
- NTT Data, a Japan based Professional Services organization with 197777 Employees
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