digital transformation in finance

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Digital Financ

18th February 2016



Digital FinanceWhat will it mean for the CFO?



© 2016 SAP SE or an SAP affiliate company. All rights reserved.© 2016 SAP SE or an SAP affiliate company. All rights reserved.

What Does Digitalization Mean for Businesses

SpeedTransparency

Business InnovatioDirect Engagement

Automation




What Does Digitalization Mean for

Finance Executives

Accelerate M&A & Support

of New Business Models

Instant access to detailedfinancial insights

Embedded Always onCompliance and Detailed

Regulatory Support

Attract and Retain

Millennials

Real time management of

Risk and Volatility

Radical Automation

eliminating manual work

and processes





Digital Finance is the key to the success of a digital bus

Reimagine

Efficiency and

compliance

Streamlining finance proc

Automated and networked

driven, and inherently comp

Reimagine

Business

performance

Bringing Insight to the bu

Instant insight-to-action any

enabled by a single source

ReimagineStrategy

Architecting new busines

Flexible business modeling

rapid implementation of new




And technology is the foundation

“ Renovating the core" such as ERP was highlight

key foundat ion for digital business.

– 2015 Gartner FEI Study




Foundation for Digital Finance

Single Platform

For Transactions, Planning and Analytics

Real Time updates

Single Source of Truth

Enterprise consistency

No Reconciliations, Replications or

Aggregations

Detailed Analysis

Macro to Detailed, Any Dimension,

Prediction, simulation and Analysis SAP HANA

Single source of truth

Operations Business Planning Bu

FINANC




Re-imagine Strategy

Architecting New Business Models

Open and adaptable platform Accelerated system consolidation for deeper

financial analysis

Rapid integration of M&A and separation of

divestitures

Flexible financial modeling

Agile development and financial analysis of

new growth strategies

Agile system configuration

Flexible modelling and implementation of

new structures

Rapid implementation of new business

models

Legacy ERP

Legacy ERP

Acquisition ERP

Legacy ERP, canbe moved over time

D

CentraProce




Reimagine Business Performance

Bringing New Insight to Business

Real-time

Access to transactional data

Instant plan-actual variance analysis

Instant insight for action

Real time visibility of financial data

Drill down by any dimension

Instant foresight Prediction and simulation

What if analysis

Dynamic Reporting and Planning

Reporting

Prediction / Simulation

What if Analysis

Transactional system

Single source of truth,

Common Planning Models

P&L

planning

Profit center

planning

Cost center

planning

Real time

access




Re-imagine Efficiency and Compliance

End-to-end process automation Elimination of manual work

Approval and exception handling

Embedded compliance)

Business networks

Real time electronic integration

Real-time processes

Continuous and event-driven Real-timeprocess intelligence

End to end process automation

Network

Current Processes

Lights Out Finance

Streamlining Finance Processes




SAP S/4HANA Finance: The Future is Here

Shape new business models for

growth

Collaborate and connect the “live”

business

Be Engine of Insight

Finance

SAP S/4HANA

Accounting and

Financial Close

Treasury and

Financial Risk

Management

Enterprise Risk

and Embedded

Compliance

Financial

Planning and

Analysis

Finance

Operations

SAP HANA PLATFORM

Assets and

Internet of Things

SAP HANA

Cloud Platform

Workforce

Engagement

SAP FIORI

a

Manage risks and ensure

compliance

Optimize and automate



SAP S/4HANA FinanceKey architectural elements




Instant Insight

Single Source of Truth

Intuitive User Experience

Productivity Improvements

Flexible and N

Deployment O

Financial Planning

and Analysis

Treasury and

Financial Risk

Accounting and

Financial Close

Finance

Operations

SAP S/4HANA Finance part of the Digital Core

Real Time Accounting

Instant

Financial

Analysis

Real time and

Predictive

Planning

Real time Treasury

and Cash

Management

End to EndProcess

Automation

SAP HANA




Instant Insight – Single Source of Truth

Real Time

No Reconciliations No Replication

On the fly aggregation

“Macro to Granular” drill down

• One line item table with full detail

for all applications

• Secondary cost elements are now

G/L accounts.

On-the-fly

aggregation

Universal

Journal

Powered by

SAP HANA

Ledger Company Account/Cost

ElementProfit

Center

CodingBlock

Fixed Asset

MarketSegment

MaterialCustomer

Fields




Instant Insight - Flexible and Harmonized Reporting




Intuitive User Experience with SAP S/4 HANA Finance




SAP Analysis for Office

SAP Lumira

SAP Business Explorer

SAP Design Studio

Digital Boardroom

General ledger

Accounts receiv

Accounts payab

Collections spec

Dispute speciali

Management Ac

Cash Manager

Chief Financial Officer

Financial close manager

Cash manager

Receivables manager

Payables manager

Finance for managers

Real Estate manager

Business Intelligence Renewed Managerial Roles Renewed Trans

Intuitive User Experience of SAP S/4HANA Finance




HybridOn Premise

Traditional licensing with

customer control of deployment

and maintenance

Combination of on-premise and

cloud capabilities to meet specific,

modular needs

Flexible & Non Disruptive Deployment Options

Subscripti

deployment i

mainta




New

Implementation

ERP System

Non-SAP System

CentralFinance

ERP System

- Region A -

ERP System- Region B -

ERP System

- Region C -

System

Migration

ERP System

- Any DB

What is my path to SAP S/4HANA Finance?




Value Scenarios Across the entire Value Chain

Financial Planning

and Analysis

Accounting and

Financial Close

Finance OperationsTreasury and Financial

Risk management

M&A and divestitures

what-if analysis

Accelerated planning

cycles

Multi-dimensional

reporting on the fly

Real time customer

and product

profitability

“Soft close”

Real time P&L

insights

Integrated

accounting and

managerial

reporting

No reconciliations

Instant visibility into

working capital

Real-time liquidity

planning

Real time bank

counter risk

management

Automated payment

processes

Real-time receivables

and payables

reconciliation.

Immediate reaction to

collection

Integration with

business networks

Employee perfect trip

experience

SAP S/4HANA Finance: Customer momentum across the




SAP S/4HANA Finance: Customer momentum across theCustomers are starting to drive digital transformation with SAP S/4HAN

Customers starting to drive digital transformation with




Customers starting to drive digital transformation with

SAP S/4HANA Finance

Selected SAP S/4HANA

Complete its account

55 days

Simplify financial app

Bring together data m

Selected SAP S/4HANA to:

Integrate its financial processes into its existing ERP

solution

Achieve greater control of its creditors

Consistently comply with financial regulations

Deployed SAP S/4HANA to:

Ensure alignment of all school operations by

replacing a 20-year-old custom IT system, using a

rapid-deployment solution

Streamline processes for greater accountability

Help better serve students


Provide real-time access to each transaction

Deliver immediate insights into both transactional

processes and reporting

Better align finance and controlling

Achieve lower TCO

Increase productivity through role-specific business

cockpits and an enhanced user experience with

SAP Fiori

Deployed SAP S/4HAN

Have lightning-fast prmanagement, and inf

Increase data upload

processes

Easily manage financ

Gather project experi

projects


Enable its financial management processes torun simply with instant insight and ease of use

Stay competitive

Retain its industry leadership position




Customers Realize Value with SAP S/4HANA Finance

“The financials add-

Suite powered by SA

less than two month

our business. We no

platform for both reg

accounting as well a

processes.This innovation will

financial leadership

strategic and operat

business performan

SAP.”

Luka Mucic,Chief Financial Offic

“Our students live in a technological era,

and we must provide a consistent

environment so that their learning life and

their social life can seamlessly blend. Our

teaching staff and researchers must also

have administrative overhead lifted from

them so they can concentrate on their coreactivities. As an example, with SAP Simple

Finance, our finance organization will be

able to focus on the most essential tasks

and get the job done in real time.”

John Dewar ,

President and Vice Chancellor, La TrobeUniversity (AUS)

“As one of the world’s largest life insurers,

we view financial transformation as a vital

part of our future growth and a way to

preserve our legacy of over 170 years as a

trusted provider to policyholders. We’ve

approached this with a technology strategy

and a change management strategy thataddresses the needs of our organization.

The benefits we can realize from this

actuarial and investment data model and

related data reconciliation processes are

the beginning of our transformation, and we

are happy they are a reality today.”

Randy Gonzalez,

Vice President and Head of Finance

Transformation, New York Life




Find more information here

www.sap.com/finance

Experience the Journey Mapsimplefinance.sapjourneymap.com

S/4HANA Finance

http://www.sap.com/finance

http://localhost/var/www/apps/conversion/tmp/scratch_3/simplefinance.sapjourneymap.com/

http://localhost/var/www/apps/conversion/tmp/scratch_3/simplefinance.sapjourneymap.com/

http://www.sap.com/finance




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digital transformation in finance

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