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Dow Chemicals speeds the financial close with SAP
CFOKnowledge Financials , Last Mile , Technology
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I guess this is an instance how seemingly small investments can deliver a big impact. With over 750 subsidiaries, The Dow Chemical Company faced the all-too-familiar challenge of reducing their financial close. This was no easy task for its finance team, which runs over 1,000 financial close jobs a month. To streamline and automate the process, they deployed tow SAP tools that often fall below the radar, but which can deliver impressive results for a small amount of effort – the SAP Financial Closing cockpit and the SAP Central Process Scheduling application by Redwood. Now Dow’s financial close process runs with greater efficiency and transparency at far lower cost.
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