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SAP BPC V10 NW - Multi Gaap Consolidation

With the implementation of SAP BPC V10 NW, Elia Group targets the implementation as a common consolidation reporting solution, facilitating the monthly consolidation reporting for both Elia and 50Hertz. With the implementation of SAP BPC V10 NW, Elia targets to replace the current consolidation solutions, realized within both SAP SEM BCS and within Microsoft excel.
Throughout the implementation of SAP BPC Elia targets to realize some important benefits, such as, reducing the risks of errors in the financial figures, gaining in efficiency by reducing some manual work and gaining true in house autonomy in respect of the final solution.
Additionally, with the implementation of SAP BPC V10 NW, Elia targets to implement an IFRS Group chart of account and align the IFRS reporting standard throughout the group.

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