Industry: Travel, Transportation, Hospitality & Logistics Services: Business Process as a Service, Products and Platforms
Client Overview
Scandinavian Airlines (SAS) is the flag carrier of Denmark, Norway, and Sweden, serving destinations across Europe, North America, and Asia. As one of the largest airlines in Northern Europe, SAS manages highly complex financial operations spanning multiple regions and regulatory frameworks.
The Challenge
Streamlining Complex Airline Finance Operations
SAS needed to modernize its financial closing and reporting process. Legacy systems and manual workflows created delays, inconsistencies, and higher operational costs. The airline needed a scalable digital finance solution to enhance compliance, expedite reporting, and achieve greater efficiency.
Sutherland Solution
Digital Finance Transformation for Airlines
Sutherland partnered with SAS to reimagine its finance operations. Leveraging intelligent automation and advanced analytics, Sutherland redesigned closing processes to reduce manual intervention and enhance data accuracy. A future-ready finance model was implemented to ensure compliance with international reporting standards while enhancing efficiency across all regions
The Outcome
Faster Closures and Higher Accuracy in Airline Finance
Through its collaboration with Sutherland, SAS achieved a 40% reduction in its financial close cycle, cutting down time from weeks to days. Reporting accuracy significantly improved, supporting better decision-making and compliance with global standards. The new digital finance model enabled SAS to reduce costs, streamline operations, and future-proof its finance function for ongoing growth.
KEY OUTCOMES
Reduction in financial closing cycle
