CompuGroup Medical (CGM) Deutschland
Customer & challenge
CompuGroup Medical is a large company of over 9,000 employees across 19 countries who develop software products for medical and organizational activities. Their reach spans to doctors’ offices, pharmacies, laboratories, hospitals, social institutions, and even healthcare IT departments located across 60 different countries. Clients include doctors, dentists, pharmacists, healthcare professionals, insurance companies, and pharmaceutical companies.
Their financial platform CCH Tagetik was used for consolidated financial statements, monthly and quarterly reporting, data analysis, and budget planning. As this data resided in their SAP system, the data transfer was done manually via CSV data export once a month, taking approximately two hours.
As part of a project to modernize the IT landscape in the finance area in, CGM updated their financial platform CCH Tagetik and migrated their SAP system to SAP S/4HANA. Additionally, data transfer between systems was to be automated to reduce the manual effort. However, there was no built in connection between S/4HANA and CCH Tagetik.
“With Xtract Universal, we have significantly improved the quality and detail of our data analyses. We can use the required information from SAP S/4HANA directly in CCH Tagetik without switching between systems. The data transfer, which used to take two hours, is now automatically completed in a few minutes and integrated into our workflow.”
Rebecca Schmitt, Corporate Vice President of Group Controlling, Tagetik & IC, CompuGroup Medical SE & Co. KGaA
Solution with Xtract Universal
To solve this problem, CGM turned to drjve, a consulting company specializing in BI and Corporate Performance Management. Seeing the flexible SAP interface capabilities provided by Xtract Universal, drjve made the recommendation to explore the solution.
drjve led the implementation and configuration of the interface between SAP S/4HANA and CCH Tagetik. The process took about three months from the initial install to implementation. This was primarily due to the complexity of the source and target systems and the concurrent transition to SAP S/4HANA.
The challenge: Elimination of manual effort for exporting and importing data between SAP S/4HANA and CCH Tagetik
Solution: Xtract Universal
Added Value: Seamless, detailed analysis of SAP data in CCH Tagetik; enhanced process efficiency and data quality through automated data transfer
Xtract Universal enables CGM to analyze their data in a more detailed manner than ever before. According to Rebecca Schmitt, Corporate Vice President Group Controlling, Tagetik & IC, CompuGroup Medical SE & Co. KGaA: “We can now drill down to the document level in data connections. With CSV exports, we were limited to account and cost center levels and couldn’t perform deeper data analyses in Tagetik.”
Schmitt recalled their cost analyses process with detailed insights, describing which suppliers were the largest cost drivers: “Previously, we had to revert to SAP for such analyses. Now that Xtract Universal loads the necessary detailed information from SAP S/4HANA directly into the Analytical Information Hub, we can delve into our SAP data directly in CCH Tagetik using drill-down and drill-through. We can move from top to bottom without switching systems.”
Monthly data updates are now automated and completed within minutes, compared to the previous manual effort of about two hours. Schmitt told us: “Additionally, the update process is now integrated into a workflow. When colleagues in accounting close the month, they can trigger the data transfer from SAP S/4HANA to CCH Tagetik with a click of a mouse.”
In the end, the implementation of Xtract Universal saved them about two hours each month. This allowed CGM to shorten their update cycle to meet analytical needs, all thanks to the Theobald Software automation solution.
