business data records annually, enabling detailed end-to-end cost tracing and profitability analysis by SKU and customer. Complex unrealized profit eliminations are now automated, significantly improving accuracy and transparency.

A single source of truth for finance and business

Beyond speed, the project established astandardized global financebusiness operating model. Wolters Kluwer supported Segway-Ninebot in aligning master data management standards and unifying accounting practices across 15 entities, ensuring strong consistency between statutory and management reporting.

The solution further enables closed loop performance management by connecting annual budgeting and rolling forecasts with shared services and in process expense control. This integrated approach provides dynamic forecasting capabilities and tighter cost governance, helping management respond more effectively to changing market conditions.

Michael Chung, Greater China Gener
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