Case StudyČEZ Group

ČEZ Group struggled with a fragmented, inefficient payment processing. Each subsidiary processed payments independently in its own ERP system, relying on custom-built enhancements and outdated MultiCash terminals. This led to operational inconsistencies, high costs, and compliance risks. Integrating MultiCash with other systems was unsustainable, especially with the transition to SAP S/4HANA. ČEZ needed a centralized, scalable solution to streamline payments, enhance control, and meet global compliance standards.

ČEZ Group adopted next-gen SAP S/4HANA, transforming treasury operations. SAP Advanced Payment Management centralized payment processing, providing a single source of truth for all transactions. SAP Bank Communication Management streamlined approvals, while SAP Bank Account Management automated bank accounts setup. By integrating with SAP Cash Management, the solution enabled real-time liquidity monitoring, ensuring full control over group cash flow. SAP Multi-Bank Connectivity replaced MultiCash, integrating with banks via SWIFT and EBICS. Real-time transparency and standardized formats, powered by ISO 20022, improved efficiency and visibility across subsidiaries.

With Zatopek Consulting’s expertise, ČEZ delivered the region’s largest SAP S/4HANA treasury transformation. The new system streamlined payments, reduced errors, and boosted efficiency through centralized control. It simplified maintenance, strengthened compliance, and improved audit readiness. Automated workflows reduced duplicate tasks and manual interventions, cutting costs. Real-time cash flow insights enhanced financial decision-making, while the scalable solution ensured long-term success aligned with SAP best practices.