DSGi has revealed that it is seeing benefits from introducing standardised finance processes since going live with the SAP Finance system late last year.

The software is being used by around 200 staff based at its Hemel Hempstead retail support centre, as well as teams at its Czech shared service centre and Dublin-based finance operation.

The electricals retailer introduced the system as part of a drive to improve the productivity of its computing platforms and simplify its business processes.

DSGi programme director James Welsh said: “SAP has brought a number of process efficiencies and enhanced controls to the finance operation; for example, increased automation of reconciliations, faster closing of ledgers and improved credit management processes.”

He added: “We took the opportunity to review all of the finance processes and standardise the process documentation. These standard operating procedures now form the basis upon which all finance staff work, driving a culture of continuous process improvement.”

Welsh said the retailer expects a payback in a “very reasonable period of time” and the system’s introduction was in line with the company’s strategy of “doing things easier, cheaper and better”.

The SAP finance system has replaced various financial packages previously supplied by Lawson.

DSGi began to build and test the system in March last year following the creation of a blueprint for how the system should work. The retailer said that the project was completed both on time and on budget and support and training for staff using the system was managed by the company in-house.

It has worked closely with SAP Retail consultancy CIBER, particularly on the build phase of the implementation. CIBER is hosting the system and providing ongoing application support.