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, Ahold Delhaize, a Netherlands based Retail organisation with 390000 employees and revenues of $120.90 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 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 |
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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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Adisseo | Manufacturing | 2900 | $2.3B | France | SAP | SAP BusinessObjects Financial Consolidation (BFC) | Financial Consolidation and Close | 2024 | n/a |
In 2024 Adisseo implemented SAP BusinessObjects Financial Consolidation (BFC) to standardize group close and manufacturing cost consolidation. The deployment targets Financial Consolidation and Close workflows across Group Finance, Strategic Business Units, and all manufacturing plants, establishing a single consolidation fabric for month end reporting and cash cost control.
The SAP BusinessObjects Financial Consolidation implementation configures core consolidation capabilities to manage consolidated cash cost forecasts and actuals, validate PMP packages, and control unit production and approach costs. Functional configuration emphasizes month end processes, consolidation journals and adjustments, amortization and depreciation checks, reconciliation of CAPEX and CIP commissioning entries, and consolidation-level validation of production cost lines for manufacturing products.
Integrations are implemented to ensure interoperability between the consolidation tool, SAP transactional systems, and Power BI. Adisseo maintains an SAP Analytical Structure and has designated a Product Owner role for Power BI cost reports and Power BI P and L per destination, enabling reconciliation of consolidated outputs with operational SAP ledgers and visual analytics consumed by SBUs and plant controllers. Intercompany flow identification and reconciliation of transport costs are coordinated with the Supply team to preserve consistency between production site records and consolidation data.
Governance and operating model changes center on a consolidation Product Owner and strengthened cross functional controls between Finance, SBU industrial controllers, and plant controllers. Operational responsibilities include end of month validation, explanatory reporting on cash costs by product, and hands on reconciliation to support PMP validation in the consolidation tool. The implementation frames formal checkpoints for consolidation sign off and continuous reconciliation between SAP, BFC, and Power BI artifacts to sustain accurate close cycles.
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ADM Neovia Mexico | Consumer Packaged Goods | 120 | $10M | Mexico | SAP | SAP BusinessObjects Financial Consolidation (BFC) | Financial Consolidation and Close | 2016 | n/a |
In 2016, ADM Neovia Mexico implemented SAP BusinessObjects Financial Consolidation (BFC) as its chosen solution for Financial Consolidation and Close. The engagement was led by the BRM for Finanzas from May 2016 to December 2018, overseeing four direct and indirect reports and coordinating finance and HR projects that serviced more than 1,400 national employees.
SAP BusinessObjects Financial Consolidation (BFC) was configured to centralize financial reporting and consolidation workflows, ingesting standardized financial reports and layouts. Configuration work emphasized consolidated reporting outputs and mappings from core financial modules, aligning with AP, GL, AR, CASH, Costos, AF, and EPN data flows produced during concurrent ERP work.
Integrations were implemented linking BFC to AS400 and Oracle Cloud systems for electronic invoicing versions 3.2 and 3.3 and for electronic accounting, and to the VenturesSoft payroll system for payroll-related reporting. The technical scope also incorporated outputs from an ERP migration project from JDEdwards to Oracle Cloud, ensuring consolidated financial data feeds from the ERP financial modules into SAP BusinessObjects Financial Consolidation (BFC).
Project governance followed the Oracle Unified Method methodology and the PMO Delivery Manager practices, with formal resource requests to the Delivery Manager, a master project plan with dates and responsibilities, and adherence to scope, cost, and quality parameters. The team executed post-implementation evaluation and adoption monitoring, maintained recurring status and change communications across finance, HR, and delivery stakeholders, and provided BRM support during the ERP migration for six months.
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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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