MPIC, transforming biz in the cloud
Recognizing the need to be an intelligent enterprise in today’s ‘never normal,’ Metro Pacific Investments Corporation (MPIC) became the first local company to adopt RISE with SAP on Amazon Web Services (AWS).
RISE with SAP is a Business Transformation as a Service (BTaaS) solution that enables enterprises to gain digital efficiency and flexibility.
A RISE with SAP contract includes software, Infrastructure as a Service (IaaS) and some Cloud Managed Services (CMS).
MPIC subsidiaries cover toll roads infrastructure, power and water utilities, healthcare institutions, among others.
For this reason, the infrastructure investment company handles disparate financial reporting systems among its subsidiaries, inconsistent data sets, complex closing cycles, and high-volume manual processes to meet regulatory requirements and financial reporting standards.
To address these challenges, MPIC partnered with enterprise application software provider SAP.
MPIC needed to consolidate, modernize, and standardize its enterprise resource planning (ERP) systems on a single platform through RISE with SAP.
Powered by SAP S/4 HANA digital core in the cloud, MPIC can now streamline operations across its subsidiaries, gain insights into end-to-end performance with process analytics and simplify its accounting, financial close, treasury, and risk management processes.
“Our commitment to contribute to national progress and improve the quality of lives in the communities we serve is anchored on the strength of our various operating companies," Chaye Cabal-Revilla, MPIC’s Chief Finance, Risk, and Sustainability Officer pointed out.
"Dealing with several business models has resulted in a disconnect across our ERP applications and non-standardized operational processes in our organization," she acknowledged.
This led to a lack of visibility into real-time data and insights, prompting a reactive decision-making in a dynamic market situation.
"By partnering with a trusted technology advisor like SAP, we hope to realize our business transformation strategy, standardize core processes, facilitate data-driven decision-making with analytics and look at developing new digital business models in the new normal,” she explained.
For MPIC, business transformation means shifting from risk management to an efficient and sustainable financial organization, enabled by analytics and technology.
“Transformation is dynamic," Cabal-Revilla underscored.
"Businesses must be able to change since the journey to transform never ends. As long as there is an opportunity for improvement, there will always be a case for business transformation. We need to accept transformation as something necessary for businesses and sustainability.”
RISE with SAP is a great equalizer for businesses of all sizes as it enables organizations to become intelligent enterprises, she maintained.
The BTaaS model is affordable from the licensing and implementation standpoint, says Cabal-Revilla.
"It is also streamlined and simplified which makes way for improved employee and customer experience.”
"By leveraging RISE with SAP, which seamlessly combines business process redesign, technical migration to modern and modular architecture, and the needed data to deliver predictable business outcomes, MPIC has a distinct first mover advantage as an intelligent sustainable future-ready enterprise," according to Edler Panlilio, SAP Philippines’ Managing Director.
In addition, MPIC gains access to suppliers, asset intelligence, and logistics trading partners for business collaboration while building resiliency against disruptions and optimizing operations, predicting needs, and enabling proactive responses as they accelerate growth and scale for the digital future,” he explained.
The bulk, 87% of the world’s total global commerce, touches a SAP system.
SAP's machine learning, Internet of Things (IoT) and advanced analytics technologies help turn businesses of all sizes into sustainable intelligent enterprises.
SAP simplifies technology for companies and its end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably and adapt continuously.