SAP Customer Success Profile | Oil and Gas | Gujarat State Petroleum Corporation

Picture Credit | SAP AG, Walldorf, Germany. Used with permission.

2013 SAP AG. All rights reserved

GSPC: Tapping into the SAP

Treasury and Risk Management
Rapid-Deployment Solution and
a Deep Relationship with SAP
Gujarat State Petroleum Corporation (GSPC), 80% of which is
held by the Government of Gujarat, is one of Indias leading oil and
gas companies. It must, therefore, ensure safety for the region
and meet the energy needs of the nation. GSPC has been using
SAP software since 2008, but had to resort to presenting
treasury-related data using spread sheets. Now, after deploying
the SAP Treasury and Risk Management rapid-deployment
solution in just 11 weeks, GSPC improved reporting and efficiency.

SAP Customer Success Profile | Oil and Gas | Gujarat State Petroleum Corporation

GSPC automates treasury operations and reporting

Hitting the gas for success with a rapid-deployment solution
Objectives
Eliminate manual work through automation
Enable reconciliation of data between finance and
accounting
Facilitate crucial management information
system reporting
Why SAP
Trusted advisor and technology partner for
multiple projects since 2005
Strong track record in the oil and gas industry
supported by success with many industry peers
Successful collaboration with the SAP
Consulting services team out of India, which
delivered previous implementations on time and
within budget
Ability to deliver a rapid deployment of a
functional solution that fulfilled all business
requirements

Benefits
Flexible rapid-deployment solution that kept the
project within budget while delivering all basic and
custom treasury requirements in just 11 weeks
Less manual effort, thanks to automation of
treasury and risk management processes and
workflows
Ability to reconcile data from the finance and
accounting departments on a single, centralized IT
platform
Faster, flexible, and more powerful reporting
capabilities, allowing for better tracking of
treasury data across the group
Future plans
Further strengthen technology strategy and IT
landscape together with SAP
Continue to develop globally through innovation
and highly efficient operations and processes

Having the rapid-deployment option made it possible to

implement the SAP Treasury and Risk Management application in
11 weeks flat and in line with our requirements. For the record, I
would like to express our sincere appreciation of the SAP team for
its relentless effort and support during the whole process.
Manish Verma, Executive Director of Finance and Accounts, Gujarat State Petroleum Corporation
Ltd.
26279 (13/06) 2013 SAP AG. All rights reserved

Company
Gujarat State Petroleum
Corporation Ltd. (GSPC)
Headquarters
Gandhinagar, Gujarat, India
Industry
Oil and gas
Products and Services
Oil and gas exploration,
development, and production
Employees
500
Web Site
www.gspc.in

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