FinanceJuly 28, 2025

Banking use case: Transforming Financial Reporting beyond SAP BOFC and Excel

Discover how a top Indian bank modernized consolidation, disclosure, and regulatory reporting—on a single intelligent platform

A major financial institution in APAC was still relying on SAP BOFC, SAP HANA, Excel, and Word to manage financial close and regulatory disclosures - until it took a bold step to eliminate inefficiencies, versioning issues, and manual errors from its reporting process.

This is the story of how they moved from fragmented systems to a unified, intelligent platform—and gained control, speed, and audit confidence.

Inside this use case:

  • How this bank future-proofed financial reporting—while ensuring compliance with IGAAP, Ind AS, and U.S. GAAP
  • Why manual Notes to Account processes and Excel-based disclosures no longer scale
  • The hidden costs of fragmented consolidation and disclosure processes
  • How legacy systems limit control, accuracy, and audit readiness
  • The strategic advantages of unified financial reporting at scale

Drive smarter compliance. Reduce risk. Modernize reporting.

Explore this real-world use case to see how one bank redefined financial control and agility—while preparing for future regulations with confidence.
 
Download the Use Case

Financial Reporting

CCH Tagetik Financial Reporting software brings your company’s story to life.
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