Present in more than 40 countries, Scandinavian Airlines (SAS) undertook a major finance transformation to modernise its data management and improve the transparency of its performance management. Faced with the limitations of a legacy ERP system, the company chose CCH® Tagetik to streamline its processes, enhance the reliability of its consolidations and strengthen the strategic value of its finance function.
A legacy system that had become too rigid
Like many large organisations, SAS was faced with growing volumes and increasing complexity in its financial data. Its legacy ERP system struggled to meet the requirements of a group operating across multiple markets:
Massive data volumes, which were difficult to process quickly;
A lack of visibility and traceability, making frequent adjustments necessary;
Manual processes that extended closing timelines and hampered strategic analysis.
This situation limited the finance teams’ ability to anticipate, analyse and guide decision-making across the group.
A transformation focused on integration and automation
To reach this milestone, Scandinavian Airlines selected CCH® Tagetik. The objective was to create a unified platform capable of consolidating, automating and improving the reliability of all financial processes.
According to the vendor, SAS was able to:
Automate consolidation and drastically reduce manual adjustments;
Integrate financial and operational data from different subsidiaries;
Accelerate data loading and validation, making closing cycles smoother;
Improve transparency and collaboration between finance teams based internationally.
According to the project leaders, the transition marked a genuine turning point: repetitive tasks gave way to higher-value activities focused on strategy and forecasting.
Tangible benefits on several levels
The adoption of CCH Tagetik delivered measurable gains for Scandinavian Airlines:
Faster processes: closing cycles are now streamlined, with greater reliability.
Better data quality: finance has a single, consistent foundation, strengthening confidence in reporting.
Greater autonomy: teams can explore data without constantly relying on the IT department.
A strategic refocus: finance resources devote more time to performance analysis than to data entry.
Beyond the figures, the group’s entire finance culture has evolved: finance is no longer merely a compliance centre, but a driver of decision-making and performance.
Finance focused on the future
By choosing the EPM solution, Scandinavian Airlines equipped itself with a modern, scalable financial infrastructure capable of supporting its long-term strategy.
The airline now has a solid foundation to address its new challenges: cost management, growth planning, ESG criteria integration and real-time performance management.
This transformation is part of a broader trend: that of augmented finance, where technology becomes a driver of collective intelligence and sustainable impact.
source: CCH® Tagetik
