Global Chart of Account (COA) Redesign
It all begins with an idea to make improvements and embrace change
Project Spotlight: Global Chart of Accounts Redesign Across 534 ERPs
We’re proud to highlight a truly transformative, multi-year initiative: the Enterprise Standard Chart of Accounts (ESCOA) redesign for a global industrial manufacturing conglomerate, operating across:
>>> Healthcare | Aviation | Capital | Power | Renewable Energy | Transportation | Oil & Gas <<<
Each business unit represents billions in annual revenue, with operations in 100+ countries and decades of decentralized ERP growth.
The Challenge:
An environment (financial system landscape) of 534 ERP systems including multiple versions of:
Oracle EBS, Oracle Fusion
SAP on-prem, SAP S4/Hana
PeopleSoft 8&9, Baan, JD Edwards
Numerous homegrown systems
This complexity hindered enterprise reporting, consolidation, regulatory compliance, and digital finance innovation.
The Mission:
Design and implement a unified, scalable Enterprise Standard Chart of Accounts (ESCOA) to support a planned ERP consolidation effort—reducing 534 ERP systems down to 34 strategic ERPs globally.
What Was Delivered:
A standardized, governance-driven ESCOA for all business units and geographies
Consolidation of thousands of disparate GL account structures into a single global model
CoA mapping and automated crosswalks across legacy systems
Aligned ESCOA with reporting, compliance, and operational needs
Enabled a scalable foundation for global ERP rationalization and cloud migration
Drove adoption and global deployment with robust change management
Key Outcomes:
CoA complexity reduced by 70%
Accelerated monthly close and financial consolidation timelines
Unified global reporting and analytics across all major business units
Enabled strategic ERP consolidation from 534 to 34 systems
Empowered the finance function with trusted, enterprise-level insights
This was not just a technical integration—it was a strategic finance transformation at global scale, unlocking agility, transparency, and control for a $60B+ organization.
Grateful to the incredible client business partners and cross-functional teams who helped make this possible!
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