Customer Reference__________
Streamlining TTTech’s cost center management with SAP Analytics Cloud.
Customer
TTTech
Industry
Discrete Industries – High Tech
Key technologies
Go-live
2024
Country
Austria
TTTech, an Austrian tech company specializing in connectivity and safety platforms, sought a better solution for managing labor utilization and CAPEX planning costs. Their Excel-based cost center planning process posed challenges, including manual data entry, inconsistencies, and high error rates. To address this, they partnered with Westernacher’s Business Planning and Analytics team, which used SAP Analytics Cloud to create a scalable and secure solution. In nine months, the project was completed on time and within budget, boosting productivity, accuracy, and setting a sustainable foundation for TTTech’s future growth.
TTTech Controlling team’s challenges were not only the obvious problems that come with an Excel-based cost center planning process, which included:
- High error rate
- Data inconsistencies due to managing multiple interconnected sheets
- Complex, labor-intensive workflow
- Increased time required to complete the planning close cycle
However, the team sought to rethink and redesign the entire process using industry best-fit approaches.
Westernacher’s approach was simple yet effective: start with process design workshops, then proceed to solution planning and technical delivery modeling. In hindsight, this approach seems obvious. One of the impressive aspects was how quickly the Westernacher team understood TTTech’s unique processes. Considering where we started, there were numerous challenges and complexities that needed to be addressed first. The final solution had to be easily deployable across multiple global regions, making the SAP Analytics Cloud solution an ideal choice. Security was also a significant concern, meticulously addressed by the joint TTTech and Westernacher team. They implemented security measures at the process, data and report levels, with an added level of complexity through Matrix Security.
Key to the project’s success was the team structure and collaboration – so much so that the lines between Westernacher and TTTech teams blurred. TTTech’s super collaborative approach and quick decision-making ensured that all key stakeholders were committed to process optimization and simplification.
The solution was designed to be scalable, adaptable to evolving business needs, and capable of supporting long-term sustainability in the cost center planning process. This transformation not only improved the efficiency and accuracy of the planning process at TTTech but also laid the foundation for future growth and innovation.
Above all, it was a rewarding experience that resulted in increased productivity. We successfully delivered a complex project on time and on budget, all within a period of 9 months.
>50
single spreadsheets eliminated
from the planning & reporting process
from the planning & reporting process
>20
days of efforts saved in the controlling team per year
within the planning & reporting process
within the planning & reporting process
>20%
faster planning cycle turnaround
within SAP Analytics Cloud tool
within SAP Analytics Cloud tool
>75
planners who benefit
from the solution
from the solution
Immense
amount of savings in the consolidation process within the SAP Analytics Cloud tool.
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