Success Story

Find out how THÜGA AG successfully integrated millions of data points with our Legal Entity Management solution! 

THÜGA AG

SECTOR: ENERGY INDUSTRY

SALES: ~ 21.6 BILLION EUR (GROUP)

EMPLOYEES: ~ 17,700 (GROUP)

NUMBER OF ENTITIES: ~ 100

WEBSITE: WWW.THUEGA.DE

THE CLIENT

THE CLIENT

From the energy transition to the procurement of services and the implementation of new legal regulations: Today, communal energy and water suppliers are faced with more challenges than ever before – challenges that are easier to tackle when all parties collaborate. As central link and minority shareholder, Munich-based Thüga acts as a link between 100 municipal utilities and local suppliers, together forming Germany’s largest network of independent energy companies.  

THE CHALLENGE

THE CHALLENGE

Collaboration between more than 100 holdings of communal energy companies results in a large amount of master and transaction data that has to be recorded and made available at Thüga AG.

The master data is particularly complex: In addition to the numerous sub-participations, there is also a large number of committees and dates that need to be linked in a meaningful way, for example, to prepare supervisory board meetings. For many years, no standard solution was available on the market that covered the management of both, master and transaction data in equal measures, so the company created its in-house solution based on SAP.

However, as the complexity of the data structure increased efforts to maintain and evaluate, the master data grew strongly. In addition, data maintenance increasingly required special expertise, which limited the handling to only a few employees.

LEM SOLUTION

LEM SOLUTION

Together with a consulting partner, Thüga conducted a comprehensive market analysis, and eventually, the management decided in favor of the MUM Legal Entity Manager. As one of the few standard solutions, it combines the collection, linking, and provisioning of both, master and transaction data. Thanks to outstanding usability, even non-experts can now maintain the master data and create Excel- or PDF-based evaluations. The scalability of the solution is another great benefit, e.g., simplifying the process of management meetings, by granting access to information for all authorized users at the touch of a button.

With MUM, we implemented a professional standard solution that combines both, the user-friendly collection and provisioning of complex master data and transaction data combined in one solution.

 

Dieter Matthes, Head of Participations

About MUM

A product of NETCONOMY

established in 2000

450+ employees

NETCONOMY & MUM

Cutting-edge services and technology

and still improving

References from international clients

both B2B and B2C

MUM Enterprise Suite

since 2003

International orientation

Germany, Austria, Switzerland, Spain and Serbia

Variety of locations

in Berlin, Dortmund, Vienna, Graz, Klagenfurt, Zurich, Madrid and Belgrade

Get in touch with us

Gernot Lepuschitz
[email protected]