Global airline Cathay Pacific will implement the SAP S/4HANA solution to modernise its existing finance and procurement functions.
Rising fuel prices, an uncertain business environment and competition are driving Cathay Pacific to optimise its operations, replacing legacy systems with new technology.
The airline is working with Capgemini to deploy S/4HANA, customised for the aviation industry. The program, titled ‘Horizon8’, will see a large suite of SAP modules implemented across four tracks:
• Source-to-Pay,
• Flight-to-Settle,
• Finance-to-Manage, and
• Budget-to-Monitor.
The Flight-to-Settle track incorporates a new application from SAP, Flight Order, which will help Cathay Pacific with cost collection and flight profitability analysis. Budget-to-Monitor will enable driver-based planning and budgeting, as well as location of indirect operating costs.
The program aims to give the company a better view of its operational costs, including various categories of direct and indirect costs, support strategic sourcing and better negotiation with suppliers, and provide extensive business analytics for decision-making.
