Olam International was established in 1989 by the Kewalram Chanrai Group (KC Group).Over the past 18 years, Olam has grown from a single country, single product business into a global supply chain manager headquartered in Singapore with market leadership positions in many of its businesses. Today, we operate in 56 countries from where we source and supply 14 products to more than 4500 customers in 60 end-markets, employing more than 8000 people across these countries. Olam is listed on the main board of the Singapore Exchange and is a component stock of the benchmark Straits Times Index.

CPM consulting is partnering with the finance team of Olam International to build best practice legal consolidation system using SAP-BPC.

Some of the business benefits are:

• nAchieve Standardized Consolidation process for group and sub group in SAP BPC.
• n39+ input schedules from different business for budget and actual consolidation/reporting
• nAchieve Fast close - Accurate legal & mgt reporting, accuracy, audit trail.
• nAchieve Automatic validation for data accuracy.
• Improved interaction with headquarter
• Greater transparency
• Simplified SUBSIDIARY LEVEL data submission
• Increased data consistency and accuracy from subsidiary data process
• Improved decision support
• Management repoorting and Performance Mgt

Please contact our Performance team at myperformance@cpm-consultant.com for further support to your initiatives.