Finext
Binckhorstlaan 36 M5-31,
Hague, 2516,
Netherlands
Hague, 2516,
Netherlands
31 85 124 5000
Professional Services
Finext
List of Software Implementations where Finext is Reseller or System Integrator
Finext, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Finext collaboration with software players such as SAP, OneStream Software LLC and Board International empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
Finext is a Reseller or SI for the following software solutions:
| Reseller and SI | Vendor | Application | Category | Market |
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| Finext | Board International | Board Intelligent Planning Platform | EPM | EPM |
| Finext | SAP | SAP Business Planning and Consolidation | EPM | EPM |
| Finext | OneStream Software LLC | OneStream XF | EPM | EPM |
List of Software Implementations where Finext is a Reseller or SI
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
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Aalberts Industries N.V. | Manufacturing | 14000 | $3.2B | Netherlands | SAP | SAP Business Planning and Consolidation | EPM | 2016 |
In 2016, Aalberts Industries N.V. implemented SAP Business Planning and Consolidation as a centralized group consolidation and cash flow reporting solution, categorized as EPM. The project addressed long standing limitations in their consolidation processes and targeted the companys multi-acquisition footprint, which included 80 acquisitions over 20 years and operations across 150 locations worldwide.
The SAP Business Planning and Consolidation deployment included periodic consolidation logic and automated cash flow statement generation. Functional capabilities configured included automatic calculation of acquisition opening balances, preservation of acquisition history, conversion of local currencies using fixed rates, allowance for exchange rate differences in individual cash flow mutations, and validations to improve data quality at submission.
Operational design covered automated processing of acquisitions and currency updates, shared current exchange rates for all reporting units, and support for what if analyses with currency conversion applied. The implementation used a combination of manual input schedules and automatic uploads, leveraged Excel familiarities in the user interface, and was rolled out to an initial user base with 60 to 70 in-house trainees, extending to group companies that consolidate multiple local entities.
Governance and support were centralized through a one-stop outsourcing model with consultancy from Finext and hosting and support provided by Swap Support, which also managed a simultaneous SAP BPC version migration. Reported outcomes in the engagement included shorter process times, more rapid analyses, improved audit trails for exchange differences presented in equity and cash flow statements, and materially improved data quality and user adoption.
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ArcelorMittal Belgium | Manufacturing | 13000 | $5.4B | Belgium | SAP | SAP Business Planning and Consolidation | EPM | 2016 |
In 2016 ArcelorMittal Belgium deployed SAP Business Planning and Consolidation as its EPM platform within a broader program to redesign and rationalize European backoffice functions. The SAP Business Planning and Consolidation implementation was positioned to provide planning and consolidation capabilities alongside embedded analytics and reporting for finance teams.
The deployment architecture centered on Embedded BPC within SAP BW on SAP HANA, integrated with SAP BusinessObjects Suite components including Lumira, Design Studio, Analysis and WebI for reporting and dashboarding. Functional modules emphasized planning and consolidation workflows, financial close orchestration and analytic consumption through embedded analytics and BO reporting.
Integrations tied SAP Business Planning and Consolidation to transactional finance and operational modules across FI CO MM SD PP PM and to S/4Hana and Simple Finance as part of the SAP stack alignment. The program covered European backoffice operations and BI teams with multicultural management across Belgium, Poland, France, Spain, Italy, Romania and India, reflecting a continental rollout scope.
Finext served as the system integrator on the engagement, working under a governance structure led by an SAP and BI leader, coordinator and architect who owned the BI strategy around SAP. The initiative documented effort of 20K JH over three years and involved phased configuration, data model alignment in BW Embedded BPC and coordinated reporting standardization across the impacted finance and operations functions.
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ArcelorMittal Belgium | Manufacturing | 13000 | $5.4B | Belgium | SAP | SAP Business Planning and Consolidation | EPM | 2016 |
In 2016 ArcelorMittal Belgium implemented SAP Business Planning and Consolidation as its EPM platform selection for centralized planning and consolidation across its European finance footprint. The deployment was executed with implementation partner Finext and aligned to a wider program to rationalize European back office functions across FI CO MM SD PP PM.
SAP Business Planning and Consolidation was deployed on an SAP BW foundation including Embedded BPC and optimized for SAP HANA, enabling core EPM capabilities such as integrated planning, consolidation, and financial reporting. The implementation leveraged standard EPM workflows for intercompany eliminations, period close orchestration, and planning scenario management while embedding SAP Business Planning and Consolidation into the SAP data and master data model.
Integrations included direct connectivity to SAP S4HANA and Simple Finance components and transactional modules FI CO MM SD PP PM to source ledgers and operational cost objects. The program also integrated SAP Business Planning and Consolidation outputs with the SAP BO Suite for board and management reporting and used SAP Fiori and embedded Analytics for role based consumption and dashboarding.
Governance and rollout were led from a SAP and BI center of excellence with a BI leader acting as coordinator and architect, supported by a multicultural team spanning Belgium Poland France Spain Italy Romania and India. The European rollout was scoped as a multi year program with a documented effort estimate of 20000 job hours over three years, and governance focused on harmonizing finance processes and consolidation workflows across sites.
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Manufacturing | 2500 | $1.0B | United States | SAP | SAP Business Planning and Consolidation | EPM | 2011 |
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Manufacturing | 2500 | $650M | Netherlands | OneStream Software LLC | OneStream XF | EPM | 2018 |
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Retail | 7400 | $674M | Netherlands | OneStream Software LLC | OneStream XF | EPM | 2020 |
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Manufacturing | 6250 | $1.2B | France | SAP | SAP Business Planning and Consolidation | EPM | 2015 |
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Communications | 2000 | $2.0B | Netherlands | Board International | Board Intelligent Planning Platform | EPM | 2020 |
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Utilities | 4280 | $1.5B | Netherlands | SAP | SAP Business Planning and Consolidation | EPM | 2015 |
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IT Decision Makers and Key Stakeholders at Finext
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Buyer Intent: Companies Evaluating Finext Services
ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively evaluating Finext software implementations. Gain ongoing access to real-time prospects and uncover hidden opportunities.
| Logo | Company | Industry | Employees | Revenue | Country | Evaluated | ||
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Finext System Integrator / VAR Profile
Finext is a system integrator and technology consulting firm headquartered in Hague, Netherlands, with approximately 125 employees and annual revenues of $25M.
Finext implements and supports enterprise applications across markets such as EPM.
APPS RUN THE WORLD tracks 9 verified Finext software implementations across industries and regions, including: Aalberts Industries N.V. where Finext implemented SAP Business Planning and Consolidation, ArcelorMittal Belgium where Finext implemented SAP Business Planning and Consolidation, and ArcelorMittal Belgium where Finext implemented SAP Business Planning and Consolidation.
Finext has a strategic VAR/SI partnership with SAP, OneStream Software LLC and Board International, backed by verified deployments.
Independent Software Vendors (ISVs) can boost their ecosystem by identifying existing Finext partnerships, building strong channel relationships, and forging strategic implementation alliances to expand customer reach and accelerate adoption.
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