Context and task
For a vertically integrated oil and gas company, property management requires a single template: facilities, land resources, income and expense leases, accounting, taxes, IFRS 16, FSBU 25, control procedures and scaling to different companies of the group.
What did RESTART do?
RESTART participated in the development of a management system for real estate, land resources, property registers, contract registers, reflection of transactions in accounting and calculations according to IFRS 16 and FSB 25 standards based on SAP S/4HANA and SAP RE-FX.
Architecture, management and control
A corporate template requires not only development, but also a managed methodology: uniform accounting rules, risk matrix, automatic and IT-dependent control procedures, documentation, testing, migration and replication.
Results and evidence
- environment transferred to SAP S/4HANA using SAP RE-FX;
- registers of real estate objects, land plots and contracts were formed;
- accounting for income and expense leases was implemented according to IFRS 16 and FAS 25;
- a matrix of risks and control procedures was developed;
- automatic and IT-dependent control procedures have been implemented;
- The document flow procedure has been changed as a result of automation of property accounting processes.
Effect guidelines for similar projects
If some of the metrics for a specific project are not publicly disclosed, we show benchmarks that are usually used in similar enterprise projects as KPIs for a pilot or industrial launch. This does not replace the customer's actual results, but helps the CIO/CFO/CISO understand what effects are worth measuring.
Sample
For groups of companies, a key KPI is the ability to replicate a single process across different companies without manual reinvention.
Control
A mature template should contain control procedures, not just data entry forms.
Methodology
The effect is measured by a reduction in accounting discrepancies, standardization of operations and controllability of changes.
Replication
For similar projects, the speed of connecting new companies and the quality of data migration are important.
Why is this important for the client
The case is important for clients with a distributed structure: oil and gas, industry, mining, energy, retail and banks. It shows that RESTART is able to combine accounting methodology, SAP architecture, control procedures and a scalable project approach.
Let's discuss your environment
Describe the task, current systems, constraints, and expected results. We will offer a practical first step: diagnostics, pilot, audit, roadmap or project team.
