Baosteel Metal Europe
Optimize corporate cost management and group financial control in overseas territories with Microsoft Dynamics 365
Through the implementation of Dynamics 365 Business Central, Boumac Italy has optimized its cost accounting system and strengthened the financial control of the Group headquarters over the territorial companies. The system integrates all kinds of material data and complex transaction information, and realizes unified financial data management and standardized report output. Through automated processing, it not only improves the accuracy and transparency of financial accounting, but also significantly reduces the cost and risk of manual operation. Financial control is more refined, providing real-time and accurate data support for headquarters and territorial companies, enhancing decision-making efficiency and compliance.

Customer goals and pain points

  • The main pain points facing Bomac are the huge material data, the large transaction volume, and the localized accounting requirements for tax and cost management in Italy, France and other places, which are different from the control system of the headquarters. The different corporate culture and management methods, as well as the wide coverage and the high difficulty of manual management, make the cross-regional financial accounting work face great challenges.

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