How Siemens Gamesa Harmonized Their System Landscape with TIS & SAP APM
Company Size
1,000+
Region
- Europe
Country
- Spain
Product
- SAP APM
- TIS
- SAP FIORI
- Finavigate
Tech Stack
- SAP
- AI Algorithms
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Cost Savings
- Customer Satisfaction
- Digital Expertise
- Productivity Improvements
Technology Category
- Analytics & Modeling - Predictive Analytics
- Functional Applications - Enterprise Resource Planning Systems (ERP)
- Functional Applications - Remote Monitoring & Control Systems
Applicable Industries
- Renewable Energy
- Utilities
Applicable Functions
- Business Operation
Use Cases
- Process Control & Optimization
- Remote Asset Management
Services
- Cloud Planning, Design & Implementation Services
- Software Design & Engineering Services
- System Integration
About The Customer
Siemens Gamesa is a global leader in the renewable energy industry, headquartered in Zamudio, Spain. They pioneered the development of offshore wind turbines and built the world’s first wind power plant in Denmark in 1991. Today, Siemens Gamesa operates in 85 countries with more than 235 entities, providing offshore and onshore wind turbines and services. The company has an annual turnover of around 10 billion EUR and operates roughly 900 bank accounts worldwide, along with around 400 internal bank accounts. Payments are triggered from various SAP systems, HR systems, and other ancillary systems, ultimately directed to TIS for approvals and release to banks.
The Challenge
Siemens Gamesa Renewable Energy faced a complex and heterogeneous system landscape due to a simultaneous carve-out of Siemens Wind Power and a merger with Gamesa Eolica. The Treasury department had to manage two different system maturity stages, with Finavigate being used for Payments, In-house Banking, and Intercompany Clearing (ICC) on the Siemens side, and a disparate, low-maturity system landscape on the Gamesa side. This resulted in a lack of harmonization, automation, visibility, and secure processes. Additionally, the merger contract ruled out the option of implementing Finavigate across all entities, necessitating a new solution. Siemens Gamesa also aimed to build a new In-house Bank based on the latest SAP version, including SAP APM, within a tight timeline to avoid penalty fees.
The Solution
Siemens Gamesa undertook a two-phase roll-out to harmonize their Treasury system landscape. In Phase 1, they harmonized the heterogeneous payment landscape of legacy systems on the Gamesa side and established secure end-to-end processes with the help of TIS. In Phase 2, they switched over the Siemens legacy system Finavigate to TIS and SAP, building a setup for a payment factory, including an in-house bank solution, inter-company clearing, and payments on behalf. Within 2.5 years, Siemens Gamesa rolled out a completely new payment factory and system architecture. TIS enabled Siemens Gamesa to break down their siloed system landscape globally and set up an innovative In-house Bank with the latest SAP version, including SAP APM. This In-house Bank allows real-time reporting and automated processes, with AI algorithms allocating inflows. The new system provides harmonized, stable, and strong processes across all entities worldwide, significantly reducing complexity and streamlining daily activities for the Treasury team.
Operational Impact
Quantitative Benefit
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