SingEx: First S/4HANA Public Cloud implementation in Singapore
Operating as a subsidiary of Temasek Holdings - one of Singapore’s largest investment holding companies - SingEx houses four organisations providing integrated solutions for venue management and consultancy, exhibition and conference organising services and international exhibition related ventures. SingEx is currently developing a longer-term digital roadmap that includes the extension of services and integration with its ecosystem of front-end sales, marketing and fulfilment systems, as well as exploring solutions for food and beverage services, data management, analytics and warehousing solutions. With this, the first S/4HANA Cloud implementation in Singapore went live in August 2019 with delaware Singapore as the implementation partner.
A transformation journey
SingEx is embarking on a transformation journey to prepare all entities and regional offices in the various markets for long-term growth. In line with this growth plan, they are undertaking multiple corporate and line of business initiatives. One of the major corporate initiatives they have identified involves the streamlining of financial and other related business processes. This will drive greater business performance and conformance.
In this context, they sought to implement a new core finance system that will replace the finance components of their existing ERP platform. The new system is expected to serve all their entities and regional offices.
"Together with delaware, we rolled out of the first SAP S/4HANA Cloud implementation in Singapore and overseas subsidiaries, SingEx moves closer to full digitalisation and achieves actionable insights across the business, creating value for our internal and external stakeholders"
Desmond Goh, CFO of SingEx
Setting things into motion
- Their existing solution is not designed to cater for the growing complexities of core finance and related business processes for the growing organisation.
- Their current set of processes/operating procedures are not designed for closed loop processing, analytics, automation and decision making
- Stronger governance and reporting/analytics capabilities
- Sound foundation to cater for the growing business needs
- Integration to existing ERP solution
The delaware team stood out for the implementation track record of the proposed project team, and globally. Additionally, delaware also demonstrated a strong partnership with SAP that is critical for a successful delivery.