Anglo American requirements:

A need to enhance Anglo American’s financial processes and a solution with the following requirements:

• Single platform covering the end-to-end balance sheet reconciliation process
• Embedded transactional matching engine to automate bank and intercompany reconciliations
• Dedicated journal entry processing controls management and automation functionality
• Cross functional and integrated closing calendar checklist manager with reporting and dashboards
• Embedded compliance and risk controls framework management interface for SOx Compliance

Deloitte Solution

BlackLine modules

Full deployment of the Account reconciliation, task management, variance analysis, compliance, reporting, transaction matching and  journal entry modules. This will be implemented in four countries i.e. South Africa, Australia, Chile and the UK targeted at seven business units (BU). The targets BUs are Platinum, Iron Ore, Kumba Iron Ore, Copper, Metcoal, Coal and Corporate services.

To ensure a seamless BlackLine implementation the in-scope activities have been translated into a four phased approach. These being mobilise and global design, build, test and train and deploy and post go live support. 

Three GSS centres

Implementation of three Global Shared Service (GSS) centres. The countries in scope are South Africa, Australia and Brazil. 

“The Finance of the Future program for Sasol was about more than just implementing cutting edge technologies and modern software, it was about implementing a solution that would work now and going into the future.”

- Khuliso Mukwevho | Associate Director | Finance & Performance