NEW YORK, NY: The implementation of the SAP S/4HANA Finance solution for Broad Green Pictures, a Los Angeles-based feature film production, financing and distribution company comes as a head-turning announcement for the media and entertainment industry. This first of its kind initiative introduces a cost-effective finance and accounting solution that is scalable for enterprise needs at the same time. This latest statement has been made by Capgemini, a provider of consulting, technology, and outsourcing services.
“At Capgemini, we are focused on managing risk across a highly complex regulatory landscape. Our global practice and Risk and Compliance Center of Excellence bring together the latest in risk tools and technology, regulatory expertise and analytics, to help organizations ensure they can effectively mitigate various types of risks,” says Zhiwei Jiang, Global Head of Insights and Data, Capgemini Financial Services.
The contract covers a three-year agreement between both the entities, extending Capgemini’s implementation and hosting services, license re-sale and application support through its OnePath offering. OnePath integrates SAP license with Capgemini's industry-specific configuration and services, thus furnishing Broad Green with a fully integrated, real-time ERP system.
Multiple application access is exhibited by the SAP S/4HANA Finance solution, comprising of third-party rights management systems, indirect procurement and SAP HANA Live. Making use of this integration, Broad Green is facilitated with accessing data for efficiently informing financial reporting decisions. Moreover, the technology can be utilized to meet external and internal reporting requirements, and streamline data for financial control.
Andre Merikyan, Vice President, Media and Entertainment, Capgemini North America extols, "SAP S/4HANA Finance provided us with a new way to implement SAP software in this industry. We're excited to continue to work with Broad Green as they grow."
Leveraging on Capgemini's Orchestration Management Platform End to End (COMPLETE) business cloud platform, Capgemini will be seen hosting the application through Amazon Web Services. The underlying focus remains on allowing Broad Green to scale activity based on project needs in a cost-effective manner, which comprises of ongoing application support as well.