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| |SAP Business Transformation Study Aerospace and Defense Thales Alenia Space
©2017SAPSEoranSAPaffiliatecompany.Allrights...
| |SAP Business Transformation Study Aerospace and Defense Thales Alenia Space
Expand horizons through knowledge and exper...
© 2017 SAP SE or an SAP affiliate company. All rights reserved.
No part of this publication may be reproduced or transmitt...
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Thales Alenia Space: Achieving Business Results and Improving Outcomes with SAP Enterprise Support

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To help it comply with the new International Financial Reporting Standard known as IFRS 15, Thales Alenia Space joined forces with experts from SAP Enterprise Support. With knowledge transfer received during a new IFRS 15 pilot program, the company was able to start its proof of concept without the need for third-party consulting advice.

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Thales Alenia Space: Achieving Business Results and Improving Outcomes with SAP Enterprise Support

  1. 1. | |SAP Business Transformation Study Aerospace and Defense Thales Alenia Space ©2017SAPSEoranSAPaffiliatecompany.Allrightsreserved. Unless you’re a student of space exploration, you may not have heard of Thales Alenia Space. For more than 40 years, it has designed, integrated, tested, operated, and delivered innovative space systems. Today, it is one of the main suppliers to the International Space Station and a pivotal player in systems to explore our universe. But even this company has to be on firm ground when it comes to revenue recognition. To help it comply with the new International Financial Reporting Standard known as IFRS 15, Thales Alenia Space joined forces with experts from SAP Enterprise Support.® With training and knowledge transfer received during a new IFRS 15 pilot program, the company was able to start its proof of concept without the need for third-party consulting advice. Thales Alenia Space is now well prepared to proceed with the next steps in its IFRS 15 project, which it will cover with the help of in-house and external consulting. Thales Alenia Space: Achieving Business Results and Improving Outcomes with SAP Enterprise Support®
  2. 2. | |SAP Business Transformation Study Aerospace and Defense Thales Alenia Space Expand horizons through knowledge and expertise Company Thales Alenia Space Headquarters Toulouse, France Industry Aerospace and defense Products and Services Space stations Employees 7,980 Revenue €2.4 billion Web Site www.thalesgroup.com /en/worldwide/space Objectives • Handle the complexity of the IFRS 15 five-step model approach • Achieve compliance with International Financial Reporting Standard (IFRS) 15 by using the SAP Revenue Accounting and Reporting application® Why SAP • Opportunity to join the IFRS 15 pilot program offered through SAP Enterprise Support services • Hands-on approach of the IFRS 15 pilot program that closely analyzed the company’s situation before providing recommendations and suggesting actions • Participation in an expert-guided implementation service for prototyping SAP Revenue Accounting and Reporting, delivered remotely in five two-hour workshops • Direct access to SAP experts for additional knowledge transfer Resolution • Gained the direct and valuable knowledge from SAP experts that enabled the company to start work on its proof of concept using internal resources • Prepared for the implementation of new business models • Configured an initial baseline for the automation of revenue recognition and accounting processes in SAP Revenue Accounting and Reporting Future plans • Continue working with the proof of concept • Proceed to the next steps in the IFRS 15 project with coverage from in-house and external consulting 10 Fewer days needed for training and consulting 25% Greater confidence in its proof of concept 15% Faster knowledge acquisition about SAP Revenue Accounting and Reporting ( / )Studio SAP | 51305 17 04 © 2017 SAP SE or an SAP affiliate company. All rights reserved. "We received strong support from SAP Enterprise Support throughout our proof of concept. The expert-guided-implementation workshops were valuable and gave us the opportunity to learn the basic configuration directly from the experts, reducing consulting days and increasing our confidence and knowledge." Valerie Ricard, Domaine Support Functions, Thales Alenia Space
  3. 3. © 2017 SAP SE or an SAP affiliate company. All rights reserved. No part of this publication may be reproduced or transmitted in any form or for any purpose without the express permission of SAP SE or an SAP affiliate company. The information contained herein may be changed without prior notice. Some software products marketed by SAP SE and its distributors contain proprietary software components of other software vendors. National product specifications may vary. These materials are provided by SAP SE or an SAP affiliate company for informational purposes only, without representation or warranty of any kind, and SAP or its affiliated companies shall not be liable for errors or omissions with respect to the materials. The only warranties for SAP or SAP affiliate company products and services are those that are set forth in the express warranty statements accompanying such products and services, if any. Nothing herein should be construed as constituting an additional warranty. In particular, SAP SE or its affiliated companies have no obligation to pursue any course of business outlined in this document or any related presentation, or to develop or release any functionality mentioned therein. This document, or any related presentation, and SAP SE’s or its affiliated companies’ strategy and possible future developments, products, and/or platform directions and functionality are all subject to change and may be changed by SAP SE or its affiliated companies at any time for any reason without notice. The information in this document is not a commitment, promise, or legal obligation to deliver any material, code, or functionality. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, and they should not be relied upon in making purchasing decisions. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. All other product and service names mentioned are the trademarks of their respective companies. See for additional trademarkhttp://www.sap.com/corporate-en/legal/copyright/index.epx information and notices.

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