The aim of this paper is to analyze aspects of organizational change induced by using
process reengineering to implement new information technology (specifically an ERP system) on
treasury department and its processes. Based on an intensive case study, the paper explores the
changes in the treasury department of a large Spanish Electricity Company that implemented the
SAP R/3 system. The results suggest that change had important repercussions on the technological,
organizational and human dimensions of the treasury department. Evidence is also provided of
the inter-relationship between these different dimensions
