Alfred Kärcher Vertriebs-GmbH SUCCESS STORY OF A CUSTOMER PROJECT
Outstanding vendor invoices from April still influencing the operating profit of December are probably a horror for any accountant. If invoices or payment requests from foreign subsidiaries, such as from Russia or the Ukraine, are affected as well, as is the case with Alfred Kärcher GmbH & Co. KG, the world’s largest manufacturer of cleaning devices, transparency in the Financial Shared Service Center is no longer guaranteed.
The FIS/edc invoice workflow ensures fast and transparent invoice processing across all country borders. Furthermore, a central release for all subsidiaries is possible and an improved plannability of month-end closings guaranteed.
INDUSTRY
Manufacturing of cleaning equipment
ENTERPRISE
7,452 employees
Location: Winnenden near Stuttgart
TARGET
Fast and transparent invoice processing across all country borders
TECHNOLOGY
FIS/edc
CHALLENGES
- Invoice processing used to be a tedious process
- Due to the extensive release flow, the invoices often returned too late to the accounting department
- Falsified month-end closings
- Mapping of different accounting regulations for domestic and foreign invoices
- Target: Fast and transparent invoice processing across all country borders
SOLUTION AND CUSTOMER BENEFITS
- Faster processing of incoming invoices
- Greater transparency in accounting and improved plannability of month-end closings
- Option of central invoice release for all subsidiaries
- Automatic check as to whether price or quantity variances exist for the purchase order
Alfred Kärcher GmbH & Co. KG
In terms of quality and technology, Kärcher is one of the world’s leading providers of cleaning systems, cleaning products and services for recreation, household, trade and industry. The family enterprise was founded by Alfred Kärcher in Stuttgart, Bad Cannstatt in 1935. The world market leader in cleaning technology will continue to distinguish itself in the future with its inventive spirit, top-class performance and innovative solutions. With 7,452 employees, Kärcher is represented with approximately 36,000 sales offices and offers its customers excellent supply density and availability. This applies to maintenance, spare parts procurement, accessories and device sales.
An international team at the Shared Service Center uses FIS/edc
The FIS/edc workflow is able to map accounting regulations that, in part, differ considerably at Kärcher’s foreign subsidiaries and provides the language-matched user interface in each case. It is very difficult to integrate countries such as Russia or the Ukraine into SSC structures as P2P processes are often completely different there. In order to configure all of these specifics correctly in FIS/edc, Kärcher has gradually relocated specific accounting clerks from all associated European subsidiaries to its SSC. They helped to adjust the FIS/edc processes to the requirements at the foreign subsidiaries and to develop workflow versions in foreign languages.
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Olaf Bischoff-Straub
Senior Specialized Sales Business Solutions
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