In Tata Consultancy Services (TCS) has entered into a multi-year agreement with Scandinavian Airlines (SAS), wherein SAS will adopt TCS Finance and Accounting (F&A) platform for its operations across 30+ countries.
The selected TCS platform addresses the key objectives SAS defined from the project's inception - to simplify, standardize and automate processes with one solution instead of multiple solutions, as well as to integrate best practices and drive productivity improvements. Additionally, TCSs experience with large scale strategic projects and the partnership based approach towards their customers was especially appealing to us, said Hkan Borglund, Vice President Back Office Systems, SAS Group.
The agreement underscores TCS non-linear growth strategy in key markets. The TCS F&A platform provides pre-built and pre-configured financial processes and tools, which make it an efficient and rapid solution to implement. It will be provisioned under a Cloud model including infrastructure, applications, IT maintenance and multiple platform developments over the duration of the engagement. The platform is designed to conform to the latest global statutory and legal norms, such as IFRS and GAAP.
SAS is renowned for being the most punctual airline in Europe. The TCS F&A Platform, with its metrics driven delivery model, will assure SAS of accuracy, timeliness and total control over its financial processes. We look forward to working with SAS and providing them the benefits of an industry leading solution that is enriched by our global best practices, said Raj Agrawal, Global Head of TCS Platform Solutions.
TCSs Nordic operations comprise over 4,500 professionals working across Sweden, Finland, Norway, Denmark and Iceland.
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