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SAP S/4HANA Finance
Making the Business CaseCFOs Discuss the Benefits of SAP S/4HANA® Finance
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Leading CFOs Drive Business Performance with SAP S/4HANA® Finance
CFOs work hard to shape corporate strategy, drive long-term growth, and improve business results. Yet some executives have more success than others in meeting these goals. Now we know why. New research from Oxford Economics indicates that key traits separate finance leaders from their colleagues – helping them improve business performance, efficiency, and governance, risk, and compliance across the enterprise.1 Of the surveyed finance leaders:
97%88%83%75% 73%
Say finance has strong decision-making authority over risk monitoring and assessment
Are involved in strategic decision-making outside of finance
Say the finance function is increasingly visible and influential across the company
Collaborate regularly with other business units such as marketing
Believe automation is improving efficiency, giving more bandwidth for strategic focus
How Finance Leadership Pays Off: Six Ways CFOs Stay Ahead of the Pack, Oxford Economics, 2017.1.
Facing these heavier demands, leading CFOs are more likely to use digital tools to embed finance into the organization. That’s why CFOs are choosing the SAP S/4HANA® Finance solution. By offering the performance advantages of in-memory and cloud technology along with instant insight, and other modern user experience innovations, SAP S/4HANA Finance
empowers in-the-moment decisions and trans-lates that information into actionable business guidance. And we have the evidence to prove it.
Read on to see how today’s CFOs and other finance executives are benefiting from using SAP S/4HANA Finance in the cloud and on premise.
© 2017 SAP SE or an SAP affiliate company. All rights reserved.
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CUSTOMERS REAP THE BENEFITS OF USING SAP S/4HANA FINANCE Leading executives summarize the business value of using SAP S/4HANA Finance in both the cloud and on-premise environments.
Link to customer snapshot Video Download business
transformation studyDeployed in the cloudK
EY
Hwashin
10% Reduction in global settlement schedule
15% Decrease in processing time for invoices
Faster Delivery of management reports
50% Reduction in work for the finance department
Zero Delay in month-end closing, down from 3 weeks
MinimalTotal cost of ownership compared with the previous system
CEITEC
Airbus DS Optronics, Now Part of Hensoldt
3x–4xAcceleration of financial close processes
1.5 days To close monthly books
Verified benefits: • Automated the synchronization of finance-related data across the company
• Provided real-time visibility into all major key metrics
Alliance Contract Manufacturing (ACM)
50% Reduction in uncollectible accounts receivable
3 months Deployment of SAP S/4HANA
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75% Reduction in closing period
10 days Decrease in days sales outstanding
Verified benefit: Simplified financial business processes and IT architecture for real-time business operations and analytics
Boryung Pharmaceutical
EasierVisibility into company financials
Significantly reducedManual recheck process
Faster, more efficient Monthly settlement and liquidation
Union Medical Healthcare
7 daysTo complete month-end reporting (down from 30 days)
Enhanced Innovation due to improved scalability
Simplified IT infrastructure
“Using SAP S/4HANA has enabled us to take the complexity of our finance team’s disparate tables and processes, collapse them down, and make them more streamlined. This allows our finance people to be much more efficient in their jobs.”Michelle Parsons, Senior Vice President of Financial Planning and Analysis, Horizon Pharma plc
Horizon Pharma
Link to customer snapshot Video Download business
transformation studyDeployed in the cloudK
EY
© 2017 SAP SE or an SAP affiliate company. All rights reserved.
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General Datatech
Verified benefits: • Slashed year-end financial close from 3.5 months to real-time close
• Eliminated batch jobs • Enhanced decision-making and investments with real-time financial information
Türk Telekom
2 days Reduction in closing period
Verified benefits: • Simpler processes that reduce workload
• Shorter transition period after mergers and acquisitions, thanks to new infra-structure and standardized processes
• Enhanced clarity and visibility into financial data
FARYS
7x Reduction in database size
30%–50% Faster closing runs without the need for reconciliation
50%Increase in live reporting
Link to customer snapshot Video Download business
transformation studyDeployed in the cloudK
EY
© 2017 SAP SE or an SAP affiliate company. All rights reserved.
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“We challenged SAP on the difficult task of transforming our highly complex accounting and ERP platform. The effort was designed perfectly, carried out systematically, and completed success-fully. Deploying SAP S/4HANA Finance was the smoothest transition ever in our history and on such a massive scale.”Alvertos Taraboulous, Head of Greek Accounting and Group Tax, Eurobank Ergasias S.A.
Eurobank Ergasias
12 weeksTo complete implementation
38 millionTransactions hitting the system after just 4 months
5 months To break even on the cost of the system
ArcLight Cinemas
100% Increase in profit
50% Reduction in closing period
MEMEBOX
Link to customer snapshot Video Download business
transformation studyDeployed in the cloudK
EY
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Innovabee Group
3 daysReduction in time to clarify open items
12%Decrease in days sales outstanding
6 weeksComplete migration to SAP S/4HANA Finance
Verified benefit: Higher productivity through an enhanced user experience and mobile access
30%Faster reporting processes
IncreasedProcess efficiency, data quality, and accessibility
Immediate Visibility into key performance indicators
IMPERIAL Logistics International
La Trobe University
7xFaster business processes
20% Increase in efficiency
Link to customer snapshot Video Download business
transformation studyDeployed in the cloudK
EY
© 2017 SAP SE or an SAP affiliate company. All rights reserved.
BUSINESS FUNCTION KEY INNOVATIONS IN SAP S/4HANA® FINANCE
Financial planning and analysis
On-the-fly predictive business analysis, such as the impact of reorganizations, merger and acquisition activity, and product and service profitability
Accounting and financial close
Foundation for continuous accounting and closing, enabling instantaneous financial statement insights and real-time cost control while eliminating inefficient reconciliation activities
Treasury management
Instant visibility into working capital to drive optimal liquidity and investment planning, leading to increased cash flow and profitability
Finance operations
Machine learning for intelligent invoice matching, which can lower days sales outstanding, with real-time receivables and payables that enable immediate reaction to collection efforts and collaboration with business partners
Enterprise risk and compliance management
Continuous monitoring to identify and predict fraud and cybersecurity breaches and to enhance collaboration for highly efficient audits
OFFERED IN THE CLOUD AND ON PREMISE
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Innovative Software Helps Drive Excellence Across the Financial Value Chain
SAP S/4HANA Finance leverages the advantages of in-memory technology and other modern user-experience innovations. By incorporating the latest technologies, the solution empowers you to transform a finance organization that can instantly analyze and capitalize on the challenges presented by today’s dynamic and volatile business and regulatory environment. Examples of transformational innovation across the different functions of a finance department include the following:
© 2017 SAP SE or an SAP affiliate company. All rights reserved.
Strategies to Help You Successfully Transition to SAP S/4HANA Finance
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Figure: Implementing SAP S/4HANA Finance with SAP S/4HANA for Central Finance
The SAP S/4HANA for central finance foundation solution replicates financial transactions from existing SAP and third-party ERP and finance systems, in real time, onto a single SAP S/4HANA for central finance instance. With this option, you can roll out SAP S/4HANA Finance innovations iteratively, based on your business priorities and needs.
Whether you’re upgrading your current SAP® software landscape, moving to the cloud, already using the SAP HANA® platform, or starting a completely new implementation, you need experts who can guide you on your journey to SAP S/4HANA Finance. The SAP Digital Business Services organization works with you to deter-mine the right strategy, road map, and archi-tecture to maximize solution value.
For companies with very comprehensive enterprise resource planning (ERP), finance, and other system landscapes – or those that want to keep existing systems intact – we offer the SAP S/4HANA for central finance foundation solution (see the figure). This option helps facilitate and accelerate the transition path to SAP S/4HANA Finance without requiring changes to your existing systems.
SAP® ERP application
Datareplication
Nondisruptive(keep or move over time)
Centralized processes
Consolidated detailed reporting
The central SAP S/4HANA instance (on premise or cloud)
Third-party ERP software
SAP S/4HANA® for central finance foundation
Future (mergers and acquisitions)system(s)
See how companies such as ENEL and GM are benefitting from SAP S/4HANA for central finance foundation.
© 2017 SAP SE or an SAP affiliate company. All rights reserved.
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To strategically guide sales and investment decisions toward profitable growth, you must leverage the power of innovation. SAP S/4HANA Finance incorporates break-through technologies that provide your finance organiza-tion with the cloud or on-premise platform and tools needed to thrive in the rapidly changing digital economy.
Interested in exploring more customer cases? See how Dole Packaged Foods, Walmart, ENEL, and Nestlé are using SAP S/4HANA Finance to drive finance transformation and view the benefits they have realized.
LEARN MOREYou’ve seen how financial executives have used SAP S/4HANA Finance to achieve measurable, high-impact business value. Are you ready to explore how this solution can help you drive excellence across the financial value chain and support your company’s transformation to a live business?
Visit our Web sites and get further insights into finance leadership, financial management solutions, and SAP S/4HANA. To try our cloud solution, visit the SAP S/4HANA Cloud trial software page.
Finance Transformation Is Within Your Reach
© 2017 SAP SE or an SAP affiliate company. All rights reserved.
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