Developing a consolidated corporate reporting system for Russian Railways

CLIENT

CHALLENGE

Russian Railways is a large holding company with numerous subsidiaries specializing in container and freight shipments, the manufacture and maintenance of track equipment and rolling stock, research and project design. Every day it receives substantial volumes of financial documents from its different subsidiaries and departments.

With the number of documents running into tens of millions, a major problem emerged – the legacy system was failing to analyze the stored information. As a state-owned joint stock company, Russian Railways is obliged to provide the government and the company’s stakeholders with reports on a regular basis.

With the emphasis on business transparency, Russian Railways demands extra requirements from its corporate reporting system. In order to meet these needs and enable its reporting system to operate with large amounts of master and transaction data, Russian Railways needed to invest in the development of a new consolidated corporate reporting system based on a SAP solution.

RESULTS

Our collaboration resulted in Russian Railways obtaining a powerful tool for operating data array. The SAP business intelligence system helped the company accelerate business processes and improve efficiency, particularly in its financial department. Our integration project ensured that the customer received a robust and reliable corporate reporting system that meets government requirements for transparent business processes, without disrupting Russian Railways’ continuing operations.