Intelligent enterprise - Nordic user group SAP S/4HANA Finance PUBLIC

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1 Intelligent enterprise - Nordic user group Finance PUBLIC

2 Disclaimer This presentation outlines our general product direction and should not be relied on in making a purchase decision. This presentation is not subject to your license agreement or any other agreement with SAP. SAP has no obligation to pursue any course of business outlined in this presentation or to develop or release any functionality mentioned in this presentation. This presentation and SAP's strategy and possible future developments are subject to change and may be changed by SAP at any time for any reason without notice. This document is provided without a warranty of any kind, either express or implied, including but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement. SAP assumes no responsibility for errors or omissions in this document, except if such damages were caused by SAP intentionally or grossly negligent. 2

3 The Digital Core Enterprise FINANCE HUMAN RESOURCES SOURCING & PROCUREMENT SUPPLY CHAIN MANUFACTURING Streamlined Procure to Pay Enterprise Enhanced Optimized Enterprise Accelerated Plan to Product Order to Cash Request to Service Core Finance Core Human Resources The Digital Core MARKETING AND COMMERCE SALES SERVICE ASSET MANAGEMENT RESEARCH & DEVELOPMENT 3

4 the guiding principles Modern Architecture Role-based Design Smart Business Robust and Scalable Simple Data Structures Speed on Primary Data Single source of truth Flexible consumption Non Disruptive Journey People Centric Any Device Browser based Flexible Workflows Collaboration Decision Support Built for Scalability, Automation & IoT Cockpits with Exception based Worklists Embedded Analytics, Prediction & Simulation 4

5 Finance A single source of truth for prediction, transactions and analytics in real-time Single Source of Truth Optimized Accounting Across Your Enterprise Finance AR & AP Ledgers General Ledger Profitability Planning & Consolidation Business Transactions Analytics & Risk Universal Journal Real-time data replication Finance SAP HANA - Single source of truth Accounting Asset Accounting Material Ledger One platform for prediction, transactions and analytics Removal of data silos and batchprocesses Real-time analysis and drill-down Embedded risk monitoring and controls One universal journal for financial and management accounting Automatic reconciliation On-the-fly aggregation Rapid access to innovations using centralized S/4HANA Finance Real-time data replication connects heterogeneous landscapes Consolidated finance processes Accelerated finance transformation 5

6 Embedded Analytics Insight-to-action 6

7 Digital Technology is transforming how Business gets done New technologies will enable finance to define its value across the enterprise Cloud Fast deployment Big data Real-time insights with in-memory Business networks Connecting with partners Blockchain Business transactions of the future Transforming finance organizations User experience Adapting to the modern workstyle Predictive and cognitive Simulating business outcomes Robotics and machine learning Increased efficiency 7

8 Finance - A Comprehensive Portfolio Covering All Business Areas Across All Roles Finance and Risk Chief Financial Officer Vice President, Finance Head, Corporate Reporting Head, Finance Operations Head, Corporate Treasury Risk, Compliance & Audit Officer CISO, CIO Financial Planning & Analysis Accounting & Financial Close Finance Operations Treasury Enterprise Risk & Compliance Cybersecurity & Data Protection Planning, Budgeting, and Forecasting Financial Accounting Record to Report Payments and Bank Communications Enterprise Risk Access Governance and Identity Profitability and Cost Entity Close Order to Cash Cash and Liquidity Controls and Compliance Single Sign-on Reporting Corporate Close Procure to Pay Debt and Investment Automated Monitoring and Screening Access Monitoring Financial Reporting Indirect Tax Financial Risk Policy Lifecycle Data Loss Prevention Direct Tax Real Estate Risk for Commodities Audit Financial Close Governance Travel and Expense Treasury Governance International Trade Financial Shared Service Financial Process Governance 8

9 Continuous Accounting and Group Reporting Currency Data upload Intercompany Elimination Period Cons. Calculations Final report Traditional Group Reporting Continuous accounting (Intercompany, currency, validation, running simulations) Period end Consolidation calculations Elimination Final report Period Potential time saved to do value-added tasks Continuous Accounting and Group Reporting 9

10 Consolidation functions available - gradually being extended into a full-scale consolidation offering Legal consolidation following International Financial Reporting Standards (IFRS) Transparent overview of group closing status Direct access to universal journal data subsidiaries using S/4HANA and file upload for other data Uniform analytics in SAP Fiori for local and group close Rapid consumption through preconfigured cloud consolidation functions and built-in data model Data model extension for management consolidation 10

11 Shared Service Framework comes built-in Shared Service Framework Shared Service Framework SAP S/4HANA SAP R/3 Legacy System Option 1: Shared Service Framework in classical side car deployment Option 2: Shared Service Framework as S/4HANA add-on* Harmonized Objects (Business Partners, Orgmodel..) No data replication Dramatically reduced complexity Significantly reduced Total Cost of Ownership *Functional Scope differs from CRM Version 11

12 Fully integrated Receivables Processes - Machine Learning relevant Sales and Distribution Sales Order Delivery Goods Issue Billing Receivables Credit Mgmt. Billing and E- Invoicing* Collections Mgmt. Dispute Mgmt. Accounting FI-AR General Ledger Machine Learning SAP Cash Application* Treasury Cash * Bank Communication *Additional licenses required 12

13 Machine Learning Example: More Efficient GR/IR Clearing - with Analytics, Assistance and ML Business Benefits Intelligent recommendations simplify and accelerate the reconciliation process Fewer human interactions reduce the effort for non-value adding activities ML learns from the accountant s decisions Reduction of open items Faster period end closing with higher precision (write-offs) 13

14 Goods Receipt and Invoice Receipt Clearing 14

15 Receivables 15