Irving, 75038, TX,
United States
Akili
Akili, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Akili collaboration with software players such as SAP empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| Akili | SAP | SAP BPC Financial Close | Financial Consolidation and Close | EPM |
| Akili | SAP | SAP Business Planning and Consolidation | EPM | EPM |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
|---|---|---|---|---|---|---|---|---|---|---|
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Concho Resources | Oil, Gas and Chemicals | 9900 | $4.9B | United States | SAP | SAP Business Planning and Consolidation | EPM | 2013 |
In 2013, Concho Resources implemented SAP Business Planning and Consolidation to strengthen enterprise planning and capital program governance. The deployment targeted EPM capabilities to centralize planning, budgeting and consolidation for finance-led capital decision making.
The implementation configured core SAP Business Planning and Consolidation functional areas including driver-based planning, capital expenditure planning, cash flow modeling, budgeting and consolidated financial close workflows. The project applied scenario planning and standardized planning templates to align operational inputs with capital forecasts and to support monthly consolidation cycles.
Akili served as the implementation partner and led configuration, validation and staged rollout activities. The program established finance and treasury as primary operational owners, embedding planning workflows into existing financial processes and governance structures across the organization.
Governance changes focused on centralized planning ownership, standardized mapping conventions and repeatable close and planning periods to support capital investment analysis. The SAP Business Planning and Consolidation deployment was positioned to maximize cash flow visibility for capital investments, reflecting Concho Resources business objectives for tighter control over capital planning.
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Concho Resources | Oil, Gas and Chemicals | 9900 | $4.9B | United States | SAP | SAP BPC Financial Close | Financial Consolidation and Close | 2013 |
In 2013, Concho Resources implemented SAP BPC Financial Close, a SAP application in the Financial Consolidation and Close category. The deployment was positioned to support consolidation and period-end close processes that feed capital investment decision making.
SAP BPC Financial Close was configured to manage core consolidation workflows, intercompany eliminations, close orchestration, data collection and validation, and standardized financial reporting. Configuration emphasized controlled adjustment posting, audit trails and sequenced close tasks consistent with Financial Consolidation and Close functional expectations.
The implementation integrated SAP BPC Financial Close with Concho's source financial ledgers and ERP systems to centralize period-end datasets and produce consolidated reporting. Operational coverage centered on corporate finance, group reporting and accounting teams responsible for capital planning and cash management.
Akili served as the implementation partner, delivering configuration, testing and rollout support. The program instituted formal close governance and standardized workflows to align consolidation cadence with capital planning, with the stated objective of maximizing cash flow for capital investments.
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Buyer Intent: Companies Evaluating Akili Services
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