KLM selects Satriun Group

KLM Royal Dutch Airlines selects Satriun Group to act as its advisor for the replacement of its Oracle Essbase financial planning system.

KLM selects Satriun Group for Oracle Essbase replacement study

AMSTERDAM, 18 October 2017

KLM Royal Dutch Airlines, the flag carrier airline of the Netherlands with a fleet of over 200 aircraft, selects Satriun Group to act as its advisor for the replacement of its Oracle Essbase planning system. The engagement involves assessing the ‘as is’ situation of existing forecasting and budgeting processes and architecture, and blueprinting the ‘to be’ situation, considering KLM’s ambition to modernize its financial planning process in light of its digitization roadmap. The engagement furthermore includes advisory for the selection of the appropriate EPM technology.

“We carefully reviewed the various proposals and presentations,” says Kees van Schaick, Director Planning & Reporting at KLM Royal Dutch Airlines, “and Satriun Group stood out in convincing us they would provide us an inspirational and successful collaboration in our journey to replace Oracle Essbase and modernize our financial planning process.”

Casper van Leeuwen, Partner at Satriun Group, comments: “We are delighted that KLM recognizes our unique ability to effectively combine the skills to cover the entire landscape of financial management, EPM technology, and change management, providing KLM with the expertise and ability to execute on this interesting engagement. We very much look forward to working with the KLM team.”

The engagement with KLM is expected to take approximately three months from initiation up to delivery and sign off.

About KLM

KLM Royal Dutch Airlines was founded on 7 October, 1919 and is today the oldest airline still operating under its original name. KLM is the core of the KLM Group, which further includes the wholly-owned subsidiaries KLM Cityhopper, transavia.com and Martinair. With Air France, KLM is at the forefront of the European airline industry. Offering reliability and a healthy dose of Dutch pragmatism, 32,000 KLM employees work to provide innovative products for our customers and a safe, efficient, service-oriented operation with a proactive focus on sustainability. KLM strives to achieve profitable growth that contributes to both its own corporate aims and to economic and social development.

About Satriun Group

Satriun Group is an EPM consultancy active throughout Europe on all leading Enterprise Performance Management technologies and engaged with some of the most prominent multinationals to deliver Financial Management, Regulatory Support, EPM Solutions and Change Management services. Our team is composed of experienced consultants covering CFO consulting services and Enterprise Performance Management systems implementations in the areas of financial consolidation, budgeting, planning & forecasting, and disclosure management. Satriun Group has offices in Amsterdam, Geneva, Paris, Zurich, Munich and a near-shore office in Bucharest.

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