Finance Innovations for a Real-Time World€¦ · Ralph Schoepfer, SAP MEE, CoE Finance –...

Ralph Schoepfer, SAP MEE, CoE Finance – Overview Presentation on Oct 1, 2014

Finance Innovations for a Real-Time World Achieving Financial Excellence with innovative SAP Finance Solutions

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Adaptive Finance for a Volatile World

Maintain global regulatory compliance and

controls of accounting and tax standards, across

currencies, languages and industries.

Engage with the business to jointly drive innovation

and value creation based on a seamless analysis

of past and future business scenarios.

Optimize finance processes for efficient and

collaborative relationships with customers,

suppliers, banks, and government authorities.


New Challenges – Creating Impact

■ From reactive to proactive

■ From reporting to insight

■ From being consulted to leading change

■ From observing to a member of the team

■ From score keeper to business partner

Business Acumen

Emotional Intelligence

Transparency & Collaboration


Real-Time - Paradigm for a Volatile World


70% of effort in analytics is

preparing data for analysis

40% of IT managers required

more than two days to

prepare financial data for

monthly reporting

25% of LoB end users indicate that

faster access to information

would have a significant

impact on their organization

Today’s Barriers

Legacy platforms and

‘silo’ applications

‘Slow pedaling’

business applications

Need to understand

the ‘art of the possible’


14 years after R/3, what

would an finance system look

like if we start from scratch? Hasso Plattner Institute,

Potsdam 2007

“

”


Finance Innovations What you can get from SAP

1. A comprehensive Set of Answers for the CFO

2. Provide Insights to Actions

3. Real real-time Financial Accounting

4. Holistically manage Cash & Liquidity

5. Embedded Integrated Business Planning

6. Compelling new User Experience

7. New Deployment Models

8. Covering Complexity by new Central Journal


1. What keeps the Line of Business Finance awake at Night?


1. A comprehensive Set of Answers to the Line of Business Finance The SAP Finance Value Map

Accounting and

Financial Close

Disclosure

Financial Close

Governance

Accounting

Entity Close

Corporate Close

Treasury and Financial

Risk Management

Payments and Bank

Communications

Debt and Investments

Strategies

Financial Risk

Management

Commodity Risk

Management

Cash and Liquidity

Management

Financial Planning and

Analysis

Develop and Translate

Strategy

Profitability and

Cost Analysis

Planning, Budgeting and

Forecasting

Collaborative Finance

Operations

Real Estate Management

Finance Shared Services

Travel Management

Receivables Management

Collaborative

Invoice to Pay

Manage Risk and

Compliance and Audit

Global Trade

Services

Fraud Management

Risk and Compliance

Management

Internal Control & Access

Management

Audit Management

SAP real-time Business Platform

Business Insights and Prediction


SAP HANA Platform

Applications Analytics

Insight to Action Contextual. Real-time. Closed-loop.

2. Insight to Action – Bring Applications & Analytics together Based on SAP HANA as the real-time Business Platform


SAP HANA Platform

SAP Business Suite

Insight to Action Contextual. Real-time. Closed-loop.

2. Insight to Action – Extend this to the whole Business Suite Based on SAP HANA as the real-time Business Platform


3. Real real-time Financial Accounting Simplified Architecture – SAP Accounting powered by SAP HANA

Logistics

Document

CO

Document

FI

Document

Totals & Indices

Financial Accounting

Totals & Indices

Management Account.

From … Stability

Processing

Analytics

CO Document

FI Document

Flexibility

HANA views on the fly

Pre-Defined Aggregates

Flexibility

Stability

Processing

Analytics

Logical document

Logistics

Document

… To

Customer benefits

Harmonized internal and

external reporting

Account driven data model

Significantly reduced

reconciliation effort

Higher flexibility in reporting

and data customization

Significantly reduced

memory consumption


3. Real real-time Financial Accounting Continuous Processing to speed up Month End Closing

Processes designed for real-time

operations eliminate close bottlenecks

Local close processes involve >100 tasks

with multiple batch bottlenecks

Close

Batches Consolidation

Batches

Close &

Consolidation Initial Period

Traditional Close

Close &

Consolidation

Initial Period

Reporting

on-demand

Close enclosed by HANA

Real-time analytics for

process oversight

Financial Closing Cockpit


4. Holistically managing Cash & Liquidity SAP Cash Management powered by SAP HANA

Analyzing global bank balances and cash

positions based on data from SAP and

non-SAP systems

Integrated liquidity forecasting including

cash flow analysis using multi dimensional

real-time analytics

Central Bank Account Management

including overdraft limit analysis, bank risk

analysis, signatory management and

workflow support

Smart Business for Cash Managers, a

cockpit to monitor critical KPI’s, also on a

mobile device


4. Holistically managing Cash & Liquidity Real-Time Working Capital Management

Real-time Cash and Liquidity Management

Real-time Receivables Management

Real-time Working Capital Analytics

How much cash do I

have and how much

will I need to fund the

business?

What is the status of

my key drivers of

working capital like

DSO or DPO?

How can I accelerate

cash collection to

improve DSO?


4. Holistically managing Cash & Liquidity Extending the A/R Responsibility to the Sales Force

SAP Receivables Manager

supporting the Receivables Manager in

Finance to monitor a continuous process

SAP Customer Financial Fact Sheet

enabling sales representatives to resolve

open issues directly with the customer

Real-Time

18 © 2014 SAP SE or an SAP affiliate company. All rights reserved.

5. Integrated Business Planning Typical Planning Complexity

Stra

tegic

Pla

nnin

g

Pro

fitability

Pla

nnin

g

Procurement

Planning Cost

Planning

Production

Planning

Marketing

Planning

Investment

Planning

Price

Planning

Bala

nce S

hee

t and

Pro

fit & L

oss P

lan

nin

g

Sales

Planning

Headcount

Planning

Revenue

Planning

19 © 2014 SAP SE or an SAP affiliate company. All rights reserved.

SAP HANA Platform Single source of truth

SAP

ERP, BW, BPC

Additional customer benefits

Fully harmonized master data and data

between accounting, planning, and financial

risk management

Seamless integration of planning into SAP

ERP user interface and workflows

End-to-end simulation capabilities

Shared data and methods

Master data (e.g., cost centers)

Planning model

Actuals, plans, budgets, forecasts

Planning engine

Entry of transactional

and master data

Variance analysis

actuals vs. plan

Entry of planning

models and plan data

Flexible reporting and

analysis of actuals

5. Integrated Planning based on the Embedded Planning Model Architecture for Next Generation Financial Planning


Planned Cockpits

Chief Financial Officer

Financial Close Manager

Cash Manager

Receivables Manager

Payables Manager

6. Compelling new User Experience SAP Smart Business

© 2014 SAP SE or an SAP affiliate company. All rights reserved. 21 Customer © 2014 SAP AG or an SAP affiliate company. All rights reserved.

Planned Expert Roles

General Ledger

Accountant

Accounts Payable

Accountant

Accounts Receivable

Accountant

6. Compelling new User Experience Finance Expert Roles


7. New Deployment Models – in the Cloud SAP Simple Finance

Comprehensive Broad Business Scope

Best in Class Managed Cloud Services

Access to Latest Releases

Simple

Modern Architecture

Subscription Price

Seamless E2E Experience

Rapid Onboarding

Flexible

Extensible Solution

Integrates into the SAP Portfolio

Clear Service Levels

Scalable Scope Options

Highest Level Security & Privacy


8. Coverage of System and Process Complexity Central Journal

pla

n, co

nso

lidate

, re

po

rt *

A Simple Finance system with Suite on HANA and the Simple Finance Add-on as its

core based on the real-time Business Platform SAP HANA as Central Finance

instance, deployed on-premise, in the cloud, or in a hybrid model …

Suite on

HANA

SAP HANA (platform)

central journal instance

Simple

Finance

Add-on *

* requires respective SAP products and licenses (e.g. SAP Accounting powered by SAP HANA, SAP Business Planning and Consolidation, BOBJ BI)

on-premise or cloud or hybrid



pla

n, co

nso

lidate

, re

po

rt *

… with transactional back-end systems being connected and real-time replication of

data in a harmonized way to get reporting, consolidation, and planning information

with better performance and better service levels on the fly and without disruption

Suite on

HANA

SAP HANA (platform)

ERP


Simple

Finance

Add-on *

ERP

Real-time

Reconciled

Harmonized


source system(s):

SAP (any release)

non-SAP systems

old, out-of-maintenance

over-customized




pla

n, co

nso

lidate

, re

po

rt *

You can run centralized processes and central reporting (cross-client, single truth)

on that Central Journal for disjointed SAP ERP or non-SAP ERP systems – and

keep doing so …

Suite on

HANA

SAP HANA (platform)

ERP


Simple

Finance

Add-on *

process / productivity optimizations

central business transaction execution

ERP

Real-time

Reconciled

Harmonized

shared OLTP / OLAP data


source system(s):

SAP (any release)

non-SAP systems

old, out-of-maintenance

over-customized

consolidated entity / management reporting




pla

n, co

nso

lidate

, re

po

rt *

… or migrate your existing ERP Finance systems over time into this Central Journal

system

Suite on

HANA

SAP HANA (platform)

ERP


Simple

Finance

Add-on *

process / productivity optimizations

central business transaction execution

shared OLTP / OLAP data


consolidated entity / management reporting



Finance Innovations for a Real-Time World One Finance Suite – On Premise & in the Cloud

time

Jan 2013

Suite on HANA in the

HANA Enterprise Cloud

Suite on HANA

OnPremise

SAP Simple Finance

SAP Cash Management

powered by HANA

Jun 2013

SAP Accounting

powered by HANA

Integrated Business

Planning

Feb 2014 Jun 2014


SAP runs SAP: Transforming Financial Management with SAP HANA®

55 days To implement

and go live

>400 hours Cut from financial close

processes

65,000 Users on a single

instance of SAP ERP

“

“

The financials add-on was deployed in less than two months without any disruption to our business. We

now have one common platform for both regulatory and managerial accounting as well as on-the-fly

financial processes. This innovation will help us deliver stronger financial leadership through better

advice on strategic and operational plans that impact the business performance and effectiveness of SAP.

Luka Mucic, Chief Financial Officer, SAP SE

SAP runs SAP: Transforming Financial Management with SAP HANA


Zurich Insurance Group: Testing and Validating the

SAP HANA Platform for Finance Transformation

Zurich wanted to be one of the first customers to evaluate the financials innovation

delivered with SAP HANA. Deployed as a simple add-on for SAP Business Suite

powered by SAP HANA, we are really impressed by the results in terms of the

performance, simplification, and agility it could bring to our finance community.

Wilco Boosman, Director SAP Convergence, Zurich Insurance Group (Zurich)

“

“ >50% Faster runtime for foreign

currency revaluation

1000x Faster reporting (from 15

minutes to 1 second)

>65% Faster financial close

processes


Key Take Aways

Technology innovations like in-memory

computing or cloud will trigger a new process

revolution, enabling Real-Time Finance

For this purpose, SAP is providing a renewed

Finance solution portfolio on the basis of

the real-time Business platform SAP HANA

SAP supports customers to flexibly choose

their own non-disruptive evolutionary path

towards real-time

visit SAPCFO.COM


Questions?

?


CoE Finance

MEE Contact Person

Ralph Schoepfer Senior Director CoE Finance

T +49 6227 7 47429

M +49 160 3603531

E [email protected]

Thank You

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Finance Innovations for a Real-Time World€¦ · Ralph Schoepfer, SAP MEE, CoE Finance –...

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