SAP PaPM: Luminor experience story

Talk & Show Baltics: a virtual show together with our customers and partners.

Hear why Luminor chose SAP Profitability and Performance Management and gained the insights and agility to manage, govern, and improve finance and business processes at a lower cost.

Recorded: 2021 March

Luminor Bank: Jurijs Māsāns, Profitability Area Manager

Infotrust SIA: Māris Svilāns, CEO.

Luminor is the 3rd largest financial services provider in the Baltic region. They have a wide customer base of around 900 000 customers and almost 3000 working professionals. Luminor is a new generation bank and a financial services provider for local businesses and financially active individuals, with a special focus on small and medium-sized companies. Their vision is to become the best possible ecosystem for their customers.

The goal for Luminor was to be able to capture all costs in all dimensions – country, product, customer, channel, organization – and to ensure precise profitability measuring and pricing. They needed a solution with real-time data insights and traceability, that can process big data volumes on hundreds of thousands of cores in parallel. Hear why Luminor chose SAP Profitability and Performance Management and gained the insights and agility to manage, govern, and improve finance and business processes at a lower cost.

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