Since its establishment in 1999, Innovasport has performed a rapid expansion, increasing its physical store locations by more than 20 storefronts year over year. At present, they have an extensive network of 150+ physical stores throughout Mexico, along with a digital shopping
website that incurs thousands of sales transactions per month. The clients in-house ERP system was dated and lacked the financial accountability and control required to sustain their expansion. Phase one of the project focuses on the enterprise financial governance and control, with an aim to increase visibility of financial processes. The solution must also operate seamlessly with their core business processes that remain housed on the legacy ERP system until phase 2 of the project is launched.
Innovasport chose to adopt SAP S/4 HANA® as their new ERP platform in order to leverage its real-time capabilities in the area of Finance and Controlling, with a fully controlled governance of the core financial processes. Thanks to the solution’s integrated analytics capabilities, they are now able to easily track all financial and operational information and gain business insights on a single platform, reducing total cost of ownership and saving time related to consolidation and validation of data. Users are now able to perform analytics with confidence that the data they visualize is current and accurate.
- SAP S/4 FINANCE in 4 MONTHS from kick-off to go-live
- REAL TIME, integrated Business Intelligence
- BUSINESS ANYWHERE, enabled by 20+ SAP Fiori applications
- ZERO BUSINESS DOWNTIME, throughout project and at go-live
- GAINS IN PERFORMANCE and PROCESS VISIBILITY: reduced monthend close by 33% of original close time
Innovasport is a consumer products retailer specializing in sporting gear and one of the top three leaders in sportwear eCommerce in Mexico. Founded in Mexico in 1999, Innovasport is now selling goods online and in more than 150 physical stores throughout the country.