Burger King Achieves Accurate Cash Forecasting with the FinanceSuite Cash & Liquidity Management of Hanse Orga

Hamburg, Germany - 23 October 2012

The second largest fast food hamburger restaurant worldwide introduced the FinanceSuite Cash & Liquidity Mangement of Hanse Orga, a leading software provider specialised in SAP-integrated finance solutions. Due to its global and complex set-up Burger King required a more granular and accurate cash forecast with a longer time horizon.

With the Hanse Orga solution the cash forecasting has been largely automated leading to time savings and more detailed and reliable planning data for the corporation which manages royalties coming from over 12,000 restaurants worldwide. Over 99 % of the actuals cash-flow data for the corporation in the US are now assigned automatically. As a consequence, Burger King is able to conduct variance analyses at much greater detail and on a rolling basis.

Thanks to the transfer of know-how from Hanse Orga consultants to key users, Burger King has been empowered to lead the roll-out to the other regions.

“By implementing the FinanceSuite Cash & Liquidity Management of Hanse Orga we were able to automate the non-value added activities of the cash management processes and to produce a more accurate forecast in a shorter time period. The SAP-integrated software has proven to be exactly the right solution for our needs” says Paulo Barbosa, former Group Treasurer, Burger King Corp and now Head of Finance for the EMEA region.

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