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NEOBIO Professional Services | China RISE With SAP S/4HANA Private cloud Edition
▪ SAP S/4HANA Cloud Private Edition enables NEOBIO to standardize processes across ticketing, catering, retail, and courses, allowing efficient management of 45 stores without adding headquarters staff. ▪ SAP Build Process Automation helped NEOBIO save 1,900 hours by automating complex tasks, allowing the finance team to focus on analysis and boosting overall efficiency. ▪ SAP’s solutions help NEOBIO adjust stores to local preferences while making sure they follow regional rules using its Document and Reporting Compliance solution. ▪ SAP provides NEOBIO with detailed sales and profit insights by SKU, helping them quickly adjust to market changes and make informed growth decisions.
Explore NEOBIO’s journey with SAP
Founded in 2017, NEOBIO has used its whimsical ideas to create parent- child travel landmarks such as children’s science and technology museums and sports halls. But leading the transformation of traditional indoor parks into a new era of composite businesses comes with challenges. So, NEOBIO used SAP S/4HANA Cloud Private Edition to standardize the processes of its four major business lines and its sales channels.
50% shorter monthly settlement (down from 5 days to 2 days)
83% greater efficiency of the store purchasing demand process.
>99% working hours saved in the procurement process (down from >1,900 hours to a few minutes).
Challenges • Low employee/productivity and customer experience/satisfaction • Low profitability and higher margin • Lack of standardization and automation
CTO, Shanghai NEOBIO Enterprise Management Co. Ltd. Xu Lei the assistance of SAP Services and Support, we used SAP S/4HANA Cloud Private Edition to reorganize the business process and achieve process standardization for the four major business lines and all sales channels. In the two years after it went online, NEOBIO opened 18 new stores across the country. However, with the system to manage it, the efficiency of the financial department at the headquarters has been greatly improved while still maintaining the previous staff size." "Before using SAP S/4HANA Cloud Private Edition, the functional scale of NEOBIO’s headquarters basically needed to be expanded in parallel with the expansion of our stores. With
Outcomes
• Improved employee productivity and customer experience/satisfaction • Improved finance operations • Reduced costs
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