Ask Approyo: How can SAP S/4HANA impact the Financial Industry?
The finance processes and technology platforms that have been utilized in the last 20 years are simply not agile enough for the digital economy. In the current connected world, new business models are limited by disconnected processes and legacy technologies, and enterprises can no longer wait until the end of the month to see results, or for the annual budget cycle to make investment decisions. Finance is at the heart of the digital business. Becoming digital enables finance organizations to reimagine the ways they achieve their CFOs’ key priorities; improving efficiency and ensuring compliance, driving business performance, and defining new corporate strategies. With SAP S/4HANA, this can drive the ability to:
Companies require a platform that is open and adaptable, that enables real-time evaluation and analysis of new business models through dynamic planning and forecasting, accelerates integration of mergers and acquisitions, and also provides enterprise-level risk awareness and active management.
Reimagine Business Performance
As cycle times diminish and volatility increases, instant insight and decisions at the speed of thought become even more critical for senior executives and front-line workers alike. Every employee can become a profit manager utilizing a single version of the truth, available live and at the most granular level, with drill- downs by any dimension for instant plan-actual variance analysis, and prediction and simulation on the fly.
Reimagine Efficiency and Compliance
With radical automation, regulation, and embedded compliance, the time has come for “lights-out” finance. Business networks, coupled with faster deployment models in the cloud, allow for dramatic leaps forward in process automation. The rewards are more agile organizations, operational cost reductions of 40% or more, and, most importantly, access to information for timely decision-making to drive business outcomes. With core compliance automated, focus turns to protecting the brand. Enterprise risk topics become a focus while business networks provide visibility into supplier and credit risk.
Try SAP S/4HANA today!
The opportunity exists to transform business processes and achieve the digital transformation of your business with more automation, real-time visibility, and better alignment to your end customer by delivering products tailored to their specific requirements. Our SAP HANA and Big Data solutions address these important these needs and more. Let us show you today! Set up a free consultation.
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Visit us along with our partners, PCM, CoreALM and Abreon on the show floor at Booth #1027. And stop by our exclusive SAP SAPPHIRE NOW 2017 After Party at the Icebar Orlando on Tuesday, May 16. RSVP today....
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