SAP HANA Treasury in action: how DSV automated end-to-end treasury operations
End-to-end treasury automation delivered in 7 months
The challenge
DSV decided to optimise and transfer their treasury function by replacing their legacy Treasury Management System. The challenge was clear: DSV needed to move away from manual processes and disjointed systems. At the heart of the transformation was the implementation of SAP HANA Treasury and Risk Management and SAP HANA Cash Management. The goal was to integrate cash management, market rate management, and trading platform integration into a cohesive, streamlined operation — and to achieve end-to-end automation.
The solution
SkySparc partnered with DSV to implement SAP HANA Treasury and Risk Management and SAP HANA Cash Management, replacing the legacy system and delivering an integrated treasury environment.
The implementation brought cash management, market rate management, and trading platform integration together in a single platform. Native integration between the SAP treasury module and the SAP FI module enhanced data accuracy and control. Automatic mirror dealing for major product types was introduced alongside increased segregation of duties, strengthening the control framework. SAP Fiori applications ensured a strong user experience, providing real-time insights and proactive notifications for necessary actions.
A requirement from DSV's IT team was to keep custom development to a minimum while fully meeting the needs of the treasury function. The project was delivered in seven months, including the summer period, and completed on time with minimal custom development — demonstrating that advanced functionality, including end-to-end FX exposure management and guarantee management, can be supported without the need for custom development.
The result
With all accounting now posted by a central back office and payments settled automatically within SAP, DSV experienced a significant freeing of time and resources across all markets. The native integration between the SAP treasury module and the SAP FI module enhanced data accuracy and control.
Guarantee management, previously handled in Excel, is being transitioned to SAP — handling hundreds of guarantees with greater efficiency. Automatic mirror dealing and increased segregation of duties have fortified the company's control framework. Automatic balance sheet FX hedging now runs without manual intervention.
DSV's treasury operation is now more efficient and more strategic. The fully automated internal processes have positioned treasury as a strategic partner in the company's growth — not just a support function.
DSV is a Danish transport and logistics company offering global transport services by road, air, sea, and rail. Founded in 1976, DSV has grown into one of the world's leading freight forwarders with operations in more than 80 countries and a workforce of over 75,000 employees. DSV's services include supply chain management, warehousing, and customs clearance. www.dsv.com
