Case Study Ericsson

Ericsson Case Study
FiREapps PRODUCT: FiREapps Enterprise™
ERP ENVIRONMENT: SAP
NEW!

CASE STUDY HIGHLIGHTS

CHALLENGE

  • Manual, time-consuming, error-prone processes
  • No real time for strategy
  • Inefficient hedging

SOLUTION

  • Shift from a model where all risk was pooled to the central hub to one where risk is distributed across regional hubs
  • Implement FiREapps’ currency analytics platform to automate the extraction, validation and distribution of balance sheet exposure data out of SAP
  • Onboard 70+ global team members

RESULTS

  • Saves over 180 workdays worth of human
    capital annually
  • 33 percent faster decision making cycle
  • Protect firm from more risk with less cost ($6.7 million in savings)



EricssonCover

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