INTREAL Solutions successfully completes SAP S/4HANA transformation for 350 funds
03. Dec 2024
INTREAL Solutions has migrated around 350 funds and over 450 real estate companies to the modern SAP S/4HANA platform. The transformation was completed in just two and a half years, significantly improving the efficiency and scalability of the systems. Such transformation projects can otherwise take up to five years for large companies. SAP S/4HANA is an ERP software that companies can use to cover and control their daily processes – from marketing to accounting, from logistics to human resources and procurement.
The project included the migration of the data of the capital management companies (KVGs) of INTREAL Luxembourg, INTREAL, HIH Invest, nine external management company services mandates and another external management company mandate. The changeover required a complete system conversion of the existing ERP system SAP ECC 6.0 to S/4HANA in the SAP private cloud. The changeover means that additional functions can now be used, including the new loan management (CML), the business partner component (BP), the modern asset accounting (FIAA) and SAP Fiori apps.
Andreas Ertle, Managing Director of INTREAL and INTREAL Solutions, emphasizes the strategic importance of the project: “With this successful migration, we have created the technical basis for the next 10 to 15 years. This milestone shows that the INTREAL Group continuously invests in future-proof technologies to be able to serve as a stable partner to its customers over the long term.”
Christian Schmidt, Managing Director of INTREAL Solutions, added: “We are proud that the successful SAP S/4HANA migration has given us a modern technical base for the years ahead, enabling us to refine our system and implement new solutions offered by SAP.”
Amin Gharsallah, Team Leader SAP at INTREAL Solutions, emphasizes: “With the migration cockpits we developed, we have created the basis for efficient collaboration between our clients’ departments and our teams. This made it possible to migrate efficiently in a short project period.”
The biggest challenge was the migration of the long-term data history. In this process, data from the last ten years had to be transferred in the form of cumulative account balances and open items. To ensure data quality, a quality offensive to clean up and consolidate the data sets was carried out in advance, particularly for business partners and loan agreements.
Particular attention was also paid to the existing IT ecosystem. All connected applications were seamlessly integrated into the new platform. This required extensive testing for both new and existing functions.
INTREAL Solutions also offers migration to the latest SAP system for third parties, who can thus can benefit from the experience gained from the completed migration and conversion. Marko Broschinski, Head of Sales at INTREAL Solutions, summarizes the advantages for customers: “The experience and best practices we have gained during this project will help us to make future customer projects even more efficient and ensure an excellent cost-benefit ratio.”
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