Smart teaming makes for better decision-making and faster results
Implementing an ERP system is a massive change and can be met with countless challenges including integration with existing systems and processes, flexibility for future growth and all-in support from the various departments within an organization. Acknowledging these potential obstacles, Diamondback brought together business and information technology (IT) stakeholders, resulting in quick and informed decision-making, as well as successful adoption of the new system. Concurrently, the EY team brought professionals from both the Consulting and Tax service lines contributing to a smooth deployment and a better understanding of the downstream effects of data integration. This cross-company teaming allowed for quick implementation and helped manage costs.
Templated tools limit the need for customization aiding in faster implementation
To accelerate the SAP S/4HANA transformation, EY professionals tapped into the EY Energy Industry Cloud for SAP solutions, which seamlessly integrates pre-built, sector-specific ERP assets with the latest versions of SAP offerings. Leveraging over 3,000 EY-created SAP accelerators including processes, training, test scripts, data mapping templates, IT controls and security roles, the EY team helped Diamondback implement the ERP software within a timeline never thought possible. The EY team’s leading-class Intelligent Transformation Platform toolset was also leveraged for the effective migration of data and integration of recently acquired companies.
“To help our clients gain the best of the technology while preparing their businesses for the future, we have developed detailed pre-built oil- and gas-specific SAP solutions augmented with our differentiators,” said Jim White, Principal, Technology Consulting, Ernst & Young LLP. “And by quickly adjusting to individual client needs, we’ve proven ERP implementations don’t have to be complex or time-consuming.”