McCormick Company logo
McCormick & Company is an American food company that manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavoring products for the industrial, restaurant, institutional, and home markets. A Fortune 1000 company, McCormick has approximately 11,700 employees. 

CHALLENGE

  • Duplicate/overlapping GL accounts
    Unclear Financial views
  • Duplicate Customers/Vendors across divisions

SOLUTION

  • Bank account management, cash management, bank reconciliation and payments using XML v3 files
  • Configurated and coordinated with the banks to connect to SAP Multi-Bank Connectivity
  • Blueprinting workshops in order to achieve a design for all the stakeholders
  • Delivered a successful design and prototype of all areas in scope
  • MDG implementation for Business Partners, GL accounts

THE BRIEF

  • Deploy S/4 HANA 1909
  • Deploy MDG to improve Data Governance

BENEFITS

  • Reduced set of GL accounts for improved financial processing cycles (EG: EOM Process, FI/CO, CO/PA, etc.)
  • Real-time insights to financial/inventory helping reduce warehouse overhead and spoilage
  • Clear and more direct Business Partner relationships through holistic views across all divisions and roles
  • Predictive insights based on historical seasonal/event-based data
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