SAP consulting for construction, contracting and holding groups
In construction and contracting, profit is made project by project; in a holding, many companies have to fit into one finance structure. Conforcus specializes in project accounting with PS, end-to-end progress billing and multi-company S/4HANA transformation.
In contracting, every project is a business of its own, with its own budget, subcontractors, advances, progress payments and cash flow. Unless cost is posted correctly to the project structure (WBS), it is unclear even at period end which project made money. Holdings add many companies, joint ventures, intercompany transactions and several countries. Finance has to give the same number at project, company and consolidated level.
Conforcus builds PS, CO and FI as one cost flow: project structure, budget, commitments, actual cost and progress billing draw on the same data. Our progress billing, project planning and budget workflow packages are ready-made parts of that flow. For holdings we deliver multi-company S/4HANA transformation, treasury and cash management (TRM, CM), budget management (FM) and RE-FX for real estate portfolios; AMS follows go-live.
Where construction and holding groups struggle
- Project cost is not tracked at WBS level; budget, commitments and actuals sit in site spreadsheets.
- Employer and subcontractor progress payments, with advances and deductions, are calculated outside SAP and posted late.
- Group companies use different charts of accounts and processes, so intercompany reconciliation and period close drag on.
- Cash and loan positions are tracked company by company; the group's daily liquidity stays out of sight.
What Conforcus delivers for construction and holding groups
- Project-based accounting with PS: WBS structures, project budgets, commitment management and integrated PS-CO-FI cost flow.
- End-to-end progress billing, project planning and budget workflow packages: progress billing and budget approval inside SAP.
- Multi-company S/4HANA transformation: common chart of accounts and process design, simultaneous go-live for group companies.
- Holding finance: treasury (TRM), cash management (CM), budgeting (FM), RE-FX lease contracts, e-invoice, e-ledger and e-reconciliation; then AMS.
From the field
At Rönesans Holding we completed a greenfield S/4HANA transformation with a simultaneous go-live for more than 200 companies, in 1.5 years as planned. Scope: FI, CO and PS, with project-based accounting and end-to-end progress billing. The engagement also includes e-invoice, e-ledger and e-reconciliation; AMS continues across all financial modules.
Our work with Nurol Holding and its group companies covers an S/4HANA project and AMS in Türkiye and the UK. Other references include Zorlu Holding, Limak Holding, Doğan Holding, IC Holding and Kalyon.
Solutions that matter in this industry
Frequently asked questions
How do we track profitability per project in SAP?
In PS each project is a WBS structure on which budget, commitments and actual cost are tracked. With an integrated PS-CO-FI cost flow, project profitability matches the accounting records.
Can we run progress billing end to end inside SAP?
Yes. Our end-to-end progress billing package runs the process inside SAP, integrated with CO and PS. It sits alongside our project planning and budget workflow packages.
Can we see cash and treasury across the whole holding in one place?
SAP CM covers cash position and liquidity forecasting, and TRM covers treasury transactions. We also handle multi-company cash pooling and bank integrations.