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Project

Novolipetsk Steel Mill, NLMK (SAP BPC - BusinessObjects Planning and Consolidation)

Customers: Novolipetsk Steel Mill, NLMK

Novolipetsk; Metallurgical industry

Contractors: BearingPoint Russia
Product: SAP BPC - BusinessObjects Planning and Consolidation

Project date: 2014/10  - 2016/04

2016: Implementation of SAP BPC 10.1

BearingPoint has fully implemented the latest SAP BPC 10.1 solution for a large industrial holding company. Such an introduction was carried out in Russia for  the first time.

Within the framework of the project, the process of budgeting and plan/actual reporting was implemented in the SAP BPC environment, a single data model for budgeting  and financial consolidation was built, the consolidated financial statements  under IFRS were implemented, which is formed directly in the SAP BPC system , the transformation of the RAS data into US GAAP was replaced with parallel accounting under IFRS in  SAPERP.

The project, implemented by NLMK Group with the participation of the company, was awarded the SAP Value Award 2016.