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Business Activity
Founded in 1866, The Sherwin-Williams Company is a global leader in the manufacture, development, distribution, and sale of coatings and related products. It supplies to customers in the professional, industrial, commercial, and retail markets. With 32,000 associates globally and over $7 billion in annual sales, Sherwin-Williams is the USA's #1 paint and coatings company, and is ranked #3 globally.
The Challenge
During its R12 implementation planning, Sherwin-Williams encountered some significant functional gaps relating to the handling of batches of journals from its legacy systems. The issue involved single journals that encompassed multiple ledgers, which could not be imported directly into the proposed solution.
The Solution
The Virtual Trader Intercompany Engine was selected to address functional gaps in the Financial Accounting Hub and to automatically create the required balancing journal entries.

The Virtual Trader solution was also used to handle applications involved in cross-company disposition of Fixed Assets and discount allocation on Payables Invoicing.

When Sherwin-Williams observed the flexibility, breadth, and power of the Virtual Trader Intercompany Engine, it extended the solution to applications handling Treasury and Cash Management.