Key missions on the cloud, leading drug innovation to illuminate patients’ lives Yun Ding Xin Yao
Market response rate increase %
5
10
days
Industry
No. of Employees Revenue
Solution
Issuing financial statements required by listed companies reduced from 15 days to 5 days
Life Sciences
520
700million RMB
SAP S/4HANA Cloud Public Edition
Business Challenges
Involved Enterprises and Modules • Involves 24 companies (24 financial companies, 17 expense-related procurement companies, 1 supply chain company), and the implemented modules include treasury and finance, consolidated statements, materials management, sales management, and other basic modules.
• To fully accelerate meeting patients' drug innovation needs, Everest Medicines has begun a digital transformation globally. • Hoping to build an international information platform to support drug research and development, production, marketing, and other aspects • Hoping to streamline existing business needs through project announcements, build a flexible and scalable system architecture, and help companies achieve management transformation and digital innovation
Usage Effects and Value Enhancements
Data Analysis and Decision Support • Empowering enterprise management personnel to obtain quantitative analysis indicators (such as financial costs) more conveniently and accurately, thereby helping enterprise management to grasp the business development direction in a timely manner Supply Chain and Business Finance Integration • Optimized the supply chain system • Improved the degree of integration of business and finance by connecting directly with banks and integrating data, enhancing the ability of finance to provide data analysis support for strategic decision-making Process Standardisation and Compliance Management • Standardized online and offline processes • Improved the level of compliance, including quality standards and specifications, etc.
Cloud Initiatives
Cooperation and implementation process • Deloitte China assisted Everest Medicines in implementing SAP S/4HANA Cloud from June 2021 to November 2021, covering early research, blueprint design, system implementation, verification, go-live, and post-go-live maintenance, ensuring compliant and smooth system operation. Implementation scope and system construction • Scope covers finance, procurement, supply chain, IT architecture (including SAP Integration Suite and SSO), and the construction of SOP/CSV/AMS systems.
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