Finance Transformation with S/4HANA
Anyone who wants to deal with the topic of finance transformation must also deal with S/4HANA.
Now the question is no longer whether to migrate - but when. In the financial sector, this saves a lot of manual data preparation and continual reconciliation.
Current financial processes and architectures are causing more and more problems for CFOs: they can no longer meet the increased requirements in terms of time and level of detail. If cost and optimization goals are to be achieved, there is no getting around transformation projects.
Three fields of action: Processes, financial architecture and software landscape
If one wants to start such a transformation, there are three fields of action. Financial departments can develop a target vision for the future financial architecture as well as rethink their processes, and IT is well advised to optimize its existing SAP landscapes.
What can be improved with S/4HANA?
So far: In the finance area, a lot of work is involved due to manual data preparation, permanent reconciliation and manual interfaces between the functions. Financial accounting, reporting, planning and controlling are separate.
Work is focused on data preparation and report generation, leaving employees with limited time for data analysis and consulting.
Going forward with S/4HANA
Following the merging of the data sets of Finance and Controlling in S/4HANA, real-time planning and reporting can be carried out directly on an operative uniform data set. Processes are centralized and harmonized. Analytics and operational work merge.
The quality of the data increases, there are role-specific dashboards. The focus shifts to data analysis and consulting. Risks can be addressed proactively and the improved usability leads to increased employee satisfaction.
More time for what is really important: How to create the Finance Transformation
It is no longer a question of whether you migrate to S/4HANA - just when! We offer you various ways to deal with the topic of S/4HANA and Finance Transformation.
- Discovery Workshop: Workshop in which we present the core innovations and added value of S/4HANA and work out your most important fields of action together with you
- S/4HANA Readiness Check: Are you ready for S/4HANA? We check your system professionally and technically
- Preliminary study S/4HANA and Finance Roadmap: We analyze your processes and plan the steps necessary to convert to S/4HANA
- Introduction of S/4HANA: From expert advice and migration to basic support: We convert your existing system landscape to S/4HANA - either step-by-step or radically
We support and advise you in the transformation of your financial operations
- We support you methodically from the preliminary study to the implementation of S/4HANA
- We advise you on the adaptation and optimization of SAP core processes in external and internal accounting, logistics and other core processes
- We will work with you to create a customized roadmap for the future SAP architecture under S/4HANA