Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

SNP SCHNEIDER-NEUREITHER & PARTNER SE

(SHF)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

SNP & msg treorbis: SAP S/4HANA Transformation at Viridium

07/22/2021 | 08:18am EDT

SNP & msg treorbis: SAP S/4HANA Transformation at Viridium

As part of their partnership, SNP and msg treorbis, leading independent SAP service companies in Germany with more than 8,000 employees worldwide, helped the customer succeed in an extraordinary transformation project.

The Challenge

The Viridium group where the project was carried out is a leading specialist for the efficient management of life insurance portfolios and one of the largest life insurance groups in Germany. The background of the project was Viridium's takeover of the former Generali Lebensversicherung and the associated real estate companies. In this context, accounting data had to be transferred to Viridium's SAP general and subsidiary ledgers. The particular challenge: It was a carve-out from one SAP S/4HANA system combined with a carve-in to another SAP S/4HANA system, each with a different version. As part of their partnership, SNP and msg treorbis rose to this challenge together.

The Solution

The implementation began by carving out the posting documents and posting items of the last two years from the Generali accounting system. In this way, a total of nine million posting documents with 44 million line items were transferred. Subsequently, the automated interface was put into production for a period of three years to ensure daily, continuous data transfer. The SNP team will continue to support the Viridium Group during this period. About 45,000 line items are transferred daily via this interface.

The go-live took place nine months after the project start on time and on budget, and the automated interface went live four weeks later. The factors that led to success in this complex project were the flexibility and adaptability of the SNP software CrystalBridge® - The Data Transformation Platform as well as the sophisticated business concepts and transformation methodology of msg treorbis. Another decisive factor was the outstanding joint collaboration between the two companies.

The Partnership

Based on proven cooperation in joint successful projects, SNP and msg treorbis concluded a strategic partnership agreement in 2020. The two companies recently extended the partnership to the entire msg group, therefore including all msg units in the partnership agreement. Together with its sister company msg Plauth in Austria, SNP has already ensured successful project execution and completion of several projects.

See the full Success Story here.

Disclaimer

SNP Schneider-Neureither & Partner SE published this content on 22 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 July 2021 12:17:04 UTC.


ę Publicnow 2021
All news about SNP SCHNEIDER-NEUREITHER & PARTNER SE
09/02ANALYST RECOMMENDATIONS : AstraZeneca, Designer Brands, Homeserve, Rio Tinto, Trane Techno..
08/20DGAP-DD : SNP Schneider-Neureither & Partner SE english
DJ
08/17SNP SCHNEIDER NEUREITHER & PARTNER : Expands Portfolio with New S/4HANA« Migration Solutio..
PU
08/10Snp Schneider-Neureither & Partner Se Reports Earnings Results for the Second Quarter E..
CI
08/10SNP SCHNEIDER NEUREITHER & PARTNER : Company Presentation / Q2 2021
PU
08/10SNP SCHNEIDER NEUREITHER & PARTNER : Half-Year Financial Report Q2/2021
PU
08/10SNP SCHNEIDER NEUREITHER & PARTNER : SE increases revenue and profitability in the first h..
EQ
08/10PRESS RELEASE : SNP SE increases revenue and profitability in the first half of the year
DJ
08/10SNP Schneider-Neureither & Partner SE Revises Revenue Guidance for the Full Year of 202..
CI
08/04SNP SCHNEIDER NEUREITHER & PARTNER : launches Strategic Alliance with Think180 Australia t..
PU
More news
Analyst Recommendations on SNP SCHNEIDER-NEUREITHER & PARTNER SE
More recommendations
Financials
Sales 2021 173 M 203 M 203 M
Net income 2021 7,51 M 8,81 M 8,81 M
Net Debt 2021 41,9 M 49,2 M 49,2 M
P/E ratio 2021 48,7x
Yield 2021 0,11%
Capitalization 369 M 433 M 433 M
EV / Sales 2021 2,38x
EV / Sales 2022 2,00x
Nbr of Employees 1 576
Free-Float 59,6%
Chart SNP SCHNEIDER-NEUREITHER & PARTNER SE
Duration : Period :
SNP Schneider-Neureither & Partner SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SNP SCHNEIDER-NEUREITHER & PARTNER SE
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Last Close Price 52,00 €
Average target price 70,33 €
Spread / Average Target 35,3%
EPS Revisions
Managers and Directors
Michael Eberhardt Chief Executive & Operating Officer
Heiner Diefenbach Chief Financial Officer
Claus E. Heinrich Chairman
Herbert Schuster Chief Information Officer
Steele Arbeeny Chief Technology Officer
Sector and Competitors