Rayonier Matariki Forests (Rayonier), own and manage some of the most spectacular plantation forests in New Zealand, approximately 120,000 hectares of plantations on a 166,000-hectare land base.
With its older ERP system, Rayonier experienced difficulty producing reports to NZ International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP), as required by its US parent company. They also sought simplifications in their Accounting processes, including auto clearing routines, optimised Bank Statement processing and to be rid of older redundant data in their database.
“Zag are a trusted advisor to Rayonier. We look to them for thought leadership and advice through digital road mapping services to gain total visibility of available SAP and partner technologies. They really helped us understand and realise the benefits of our S/4HANA investment.” – Susie Barrington Business Technology Director for Rayonier Matariki Forests
Solution – SAP S/4HANA on AWS with Migration Cockpit
It was recognised that Rayonier would find it simpler and easier to re-implement SAP instead of upgrading their existing SAP system. Zag proposed S/4HANA Enterprise Management (1609) and partnered with Rayonier in the implementation onto Amazon Web Services (AWS) together with their new BW/BI solution.
Modules included; AR, AP, Controlling, Fixed Assets, General Ledger, Real Estate, Purchasing, SuccessFactors, Business Intelligence, UX and Fiori (Fiori launchpad and a lot of Fiori apps). This was the first project to utilise the new SAP S/4HANA Migration Cockpit for data migration from SAP ECC to SAP S/4HANA systems.
“With our new SAP S/4HANA solution, Rayonier is well placed to continue to innovate and grow, striving towards operational and technical excellence. We have seen improvements in our core financial processes and in the accessibility of information in real-time. In combination with the AWS foundation, S/4HANA has increased our agility and adaptability as a business.”
– Susie Barrington, Business Technology Director for Rayonier Matariki Forests
Outcome – Platform for Integration, Growth and Innovation
Implementing S/4HANA allowed Rayonier to simplify business processes and build a platform for integration and growth in the future. They have improved operational efficiency by redefining, simplifying and automating processes. Decision making at both strategic and tactical levels is aided by easily accessible and timely global business information. These efficiencies have led to cost reductions and increased agility of the business to adapt to changes in size, scope and mission.
The information management benefits have extended down to Rayonier’s customers through key process improvements at client touch points.
- Streamlined SAP access for users due to pushing everything through Fiori.
- Can now run Dual Ledgers and are more efficient in reporting to parent company.
- Platform for deriving future efficiencies and opportunities for growth.
“We worked closely with the team at Rayonier through digital road mapping to help them understand the implications and benefits of moving to S/4HANA. There was great engagement from everyone involved and this resulted in an excellent outcome that was mutually beneficial, which really shows the quality of our partnership.
Zag are proud to be a part of Rayonier’s journey to becoming an Intelligent Enterprise and to have helped them derive the maximum benefits from their S/4HANA investment. Rayonier have leveraged the sweet spot of SAP on AWS to achieve a secure, speedy and streamlined platform for all its core business modules. We look forward to seeing where the partnership will take us next.” – Glenda Godfrey, Sales Manager for Zag
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