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Moog, an UKG AutoTime customer evaluated Workday Time and Attendance

Westpac NZ, an Infosys Finacle customer evaluated nCino Bank OS

Michelin, an e2open customer evaluated Oracle Transportation Management

Cantor Fitzgerald, a Kyriba Treasury customer evaluated GTreasury

Citigroup, a VestmarkONE customer evaluated BlackRock Aladdin Wealth

Swedbank, a Temenos T24 customer evaluated Oracle Flexcube

Wayfair, a Korber HighJump WMS customer just evaluated Manhattan WMS

List of SAP BusinessObjects Financial Consolidation (BFC) Customers

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Logo Customer Industry Empl. Revenue Country Vendor Application Category When SI Insight
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.
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.
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.
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.
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.
Consumer Packaged Goods 200 $25M Netherlands SAP SAP BusinessObjects Financial Consolidation (BFC) Financial Consolidation and Close 2021 n/a
Professional Services 20 $4M Poland SAP SAP BusinessObjects Financial Consolidation (BFC) Financial Consolidation and Close 2020 n/a
Transportation 50 $5M Singapore SAP SAP BusinessObjects Financial Consolidation (BFC) Financial Consolidation and Close 2015 n/a
Manufacturing 500 $60M France SAP SAP BusinessObjects Financial Consolidation (BFC) Financial Consolidation and Close 2020 n/a
Leisure and Hospitality 10518 $1.3B France SAP SAP BusinessObjects Financial Consolidation (BFC) Financial Consolidation and Close 2019 n/a
Showing 1 to 10 of 306 entries

Buyer Intent: Companies Evaluating SAP BusinessObjects Financial Consolidation (BFC)

ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively evaluating SAP BusinessObjects Financial Consolidation (BFC). Gain ongoing access to real-time prospects and uncover hidden opportunities. Companies Actively Evaluating SAP BusinessObjects Financial Consolidation (BFC) for Financial Consolidation and Close include:

  1. NTT Data, a Japan based Professional Services organization with 197777 Employees

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FAQ - APPS RUN THE WORLD SAP BusinessObjects Financial Consolidation (BFC) Coverage

SAP BusinessObjects Financial Consolidation (BFC) is a Financial Consolidation and Close solution from SAP.

Companies worldwide use SAP BusinessObjects Financial Consolidation (BFC), from small firms to large enterprises across 21+ industries.

Organizations such as TotalEnergies, BP, Ahold Delhaize, AXA and Carrefour are recorded users of SAP BusinessObjects Financial Consolidation (BFC) for Financial Consolidation and Close.

Companies using SAP BusinessObjects Financial Consolidation (BFC) are most concentrated in Oil, Gas and Chemicals, Retail and Banking and Financial Services, with adoption spanning over 21 industries.

Companies using SAP BusinessObjects Financial Consolidation (BFC) are most concentrated in France, United Kingdom and Netherlands, with adoption tracked across 195 countries worldwide. This global distribution highlights the popularity of SAP BusinessObjects Financial Consolidation (BFC) across Americas, EMEA, and APAC.

Companies using SAP BusinessObjects Financial Consolidation (BFC) range from small businesses with 0-100 employees - 12.09%, to mid-sized firms with 101-1,000 employees - 24.84%, large organizations with 1,001-10,000 employees - 31.7%, and global enterprises with 10,000+ employees - 31.37%.

Customers of SAP BusinessObjects Financial Consolidation (BFC) include firms across all revenue levels — from $0-100M, to $101M-$1B, $1B-$10B, and $10B+ global corporations.

Contact APPS RUN THE WORLD to access the full verified SAP BusinessObjects Financial Consolidation (BFC) customer database with detailed Firmographics such as industry, geography, revenue, and employee breakdowns as well as key decision makers in charge of Financial Consolidation and Close.