MPIC taps SAP for enterprise resource planning systems

MANILA, Philippines — Metro Pacific Investments Corp. (MPIC), the tollways and infrastructure conglomerate chaired by Manuel V. Pangilinan, has partnered with with SAP, a leading software provider and cloud company, to modernize its enterprise resourcing planning systems.

This is meant to address some disparate financial reporting systems among its subsidiaries, inconsistent data sets, complex closing cycles, and high-volume manual processes to meet regulatory requirements and financial reporting standards, said MPIC chief finance, risk, and sustainability officer Chaye Cabal-Revilla.

Through this partnership, MPIC can streamline operations across its subsidiaries, gain insights into end-to-end performance with process analytics and simplify its accounting, financial close, treasury, and risk management processes.

“Dealing with several business models has resulted in a disconnect across our applications and non-standardized operational processes in our organization, thereby leading to a lack of visibility into real-time data and insights.

This also made our decision-making reactive amidst a dynamic market situation. By partnering with a trusted technology advisor like SAP, we hope to realize our business transformation strategy, standardize core processes, facilitate data-driven decision-making with analytics and look at developing new digital business models in the new normal,” Cabal-Revilla said.

Business transformation would enable MPIC achieve its business objectives and facilitate the attainment of business imperatives, solidifying its planned transition from risk management to an operational efficient and sustainable financial organization, which are all enabled by analytics and technology.

“Transformation is dynamic and not static. Businesses must be able to change since the quest and journey to transform never ends. As long as there is an opportunity for improvement, there will always be a case for business transformation. We need to accept transformation as something necessary for businesses and sustainability,” Cabal-Revilla said.

MPIC continues to redefine long term value creation for its shareholders, while keeping its focus on its commitment to helping Filipinos by embracing technology as a critical enabler, said Edler Panlilio, SAP Philippines’ managing director.

The Manuel Pangilinan-led conglomerate is likewise committed to contributing to the achievement of the 17 United Nations Sustainable Development Goals (SDG), with UN SDG 9, which seeks to ‘build resilient infrastructure, promote inclusive and sustainable industrialization, and foster innovation’ as its anchor.

Cabal-Revilla said this initiative is part of the group’s sustainability philosophy of integrating business and environmental stewardship in their investment strategies.

“MPIC has always been committed to elevating its sustainability initiatives across the group. We have put sustainability at the heart of MPIC, and it is evident in how we design, build, and operate our business with minimal social and ecological disruption. In this aspect, MPIC and SAP share the same vision to create a more sustainable future for all. We believe that RISE with SAP will help us improve our operations and augment our sustainability initiatives,” she said.

Panlilio said it is “critical for organizations to be able to accurately capture, monitor, and then optimize the sustainability drivers in key business processes enabled by a strong digital core.”

“Businesses need to focus on being purpose driven and impact more than just the top and bottom line but also the green line,” said Panlilio.