Energy Finance Transformation

A GCC energy company with upstream and petrochemical operations across UAE and Oman struggled with fragmented multi-currency reporting, delayed IFRS filings, and limited visibility into cross-entity financial performance.
Kannanware implemented SAP S/4HANA Finance from our Dubai hub — consolidating data from upstream concessions, refining operations, and trading desks into a VAT-compliant, IFRS-aligned single source of truth.
The company achieved 65% faster IFRS reporting, improved Brent hedging forecast accuracy by 3x, and gained real-time operational visibility across all GCC business units and currencies.

