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SAP@Charles Schwab

Charles Schwab Modernizes Order Management with SAP

Charles Schwab, a financials organization in the United States, uses SAP S/4HANA from SAP to support order to cash for order desk and finance.

Value results

CategoryValue result
CapabilityNamed workflow replaces ad hoc routing for order management
CapabilityOrder to cash stays visible to adjacent teams through SAP S/4HANA
CapabilityOrder desk and finance work from the same SAP S/4HANA record for order management

Story

Charles Schwab grew order management faster than the local tools around it. From the United States, financials teams still had to serve customers and internal partners who expected a straight answer. Order desk and finance were the ones stitching the picture together by hand.

Rolling out SAP S/4HANA put order to cash on SAP. SAP is the global leader in enterprise resource planning software, with S/4HANA, business technology platform services, and industry cloud applications. Charles Schwab keeps the product in the path where work already happens, so order desk and finance do not context-switch into a graveyard system used only for audits.

The visible result is steadier order to cash. Order management is easier to inspect, and adjacent groups can join order desk and finance without a guided tour of someone's desktop.

Relationship map

Charles Schwab uses SAP, Anaplan, Intuit, Proofpoint, Google Cloud, AWS, Fiserv, Microsoft, SS&C, Coupa, Zoom. Shared with Activision Blizzard, AGL Energy, Anheuser-Busch InBev, Aspen Technology, AssemblyAI. Industry: Financials. Value: Capability. Drag nodes, filter types, or expand a node to follow more commonalities.

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