---
title: Aico Sanoma case study
description: How Sanoma transformed a fragmented financial close process with Aico Financial Close
---

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    - Financial Close Solutions 
          - [Closing Task Manager](https://aico.ai/aico-closing-task-manager)
          - [Journal Entries](https://aico.ai/aico-journal-entries)
          - [Account Reconcilation](https://aico.ai/account-reconciliations)
          - [Transaction Matching](https://aico.ai/aico-transaction-matching)
          - [Intercompany Invoicing](https://aico.ai/intercompany-invoicing)
          - [Manual Payments](https://aico.ai/aico-manual-payments)
          - [Financial Requests](https://aico.ai/financial-requests)
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          - [Account Monitor](https://aico.ai/aico-account-monitor)
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# How Sanoma transformed a fragmented financial close process

## About Sanoma

#### Multinational enterprise

Finland's largest media group and a European education publisher with businesses across Europe.

#### Business network

Businesses in 12 countries with approximately 4,800 employees.

#### Financials

Annual revenue reached €1.3b in 2023.

#### ERP systems

Sanoma utilises 4 SAP instances alongside other ERP systems.

## Transformation objective

"To improve our closing accuracy and timeliness but also increase our automation ratios for the journal entries and balance sheet reconciliations."

 

"There are many reasons why we chose Aico: the real-time integration that it offers with SAP, but also supporting other ERP systems."

 

Ralph Wieskamp, Head of Accounting Services at Sanoma

## The transformation project

### The solutions

Aico platform with Closing Task Manager, Journal Entries, and Account Reconciliations solutions. Real-time integration to multiple SAP instances.

### The process

"Despite the challenges with Covid-19, we were able to go live as planned successfully with intensive care support from Aico."

### The services

This was an end-to-end engagement - including presales, project management, implementation, and ongoing support.

### The SAP integration

Aico provided Sanoma with one point of access to 4 SAP instances with real-time data streaming from and to Aico.

## Download the case summary

## Watch the case study video

![](https://embed-ssl.wistia.com/deliveries/bdb1399855e74b1d67c2ee05045069ae.jpg?image_crop_resized=960x540)

## Read more

[ More Aico insights ](https://aico.ai/resources)

[

Blog

##### How to Reconcile Trial Balances Across Multiple Entities and ERPs

](https://blog.aico.ai/blog/how-to-reconcile-trial-balances-across-multiple-entities-and-erps) [

Blog

##### What tasks can AI automate during month-end close?

](https://blog.aico.ai/blog/what-tasks-can-ai-automate-during-month-end-close) [

Blog

 Automation

 Financial Closing

 Artificial Intelligence

##### Is AI accurate enough for financial close?

](https://blog.aico.ai/blog/is-ai-accurate-enough-for-financial-close)

## Take 5 minutes to learn more about the most advanced financial close platform.

[ Watch demo ](https://aico.ai/aico-book-a-live-demo) [ Contact us ](https://aico.ai/contact-aico-sales)

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[Financial Close Platform](https://aico.ai/the-most-advanced-financial-close-platform-for-enterprises-aico)  
[Closing Task Manager](https://aico.ai/aico-closing-task-manager)  
[Journal Entries](https://aico.ai/aico-journal-entries)  
[Account Reconciliations](https://aico.ai/account-reconciliations)  
[Transaction matching](https://aico.ai/aico-transaction-matching)  
[Manual Payments](https://aico.ai/aico-manual-payments)  
[Intercompany Invoicing](https://aico.ai/intercompany-invoicing)  
[Financial Requests](https://aico.ai/financial-requests)  
[Compliance Task Manager](https://aico.ai/aico-compliance-task-manager)  
[Variance Monitoring](https://aico.ai/variance-monitor)  
[Account Monitor](https://aico.ai/aico-account-monitor)

**[Customers](https://aico.ai/aico-customer-cases)**

**[Partners](https://aico.ai/aico-partner-network)**

[Resources](https://aico.ai/resources)

[Customer Case Studies  
](https://aico.ai/aico-customer-cases)[Webinars](https://aico.ai/resources)  
[Guides](https://aico.ai/resources)  
[Blog](https://blog.aico.ai/blog)  
[Glossary](https://aico.ai/glossary)  
[Aico vs. Blackline](https://aico.ai/aico-vs-blackline)  
[Aico vs. Trintech](https://aico.ai/aico-vs-cadency)

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