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

69 Pages·2014·12.65 MB·English

The Future of Finance
A Technology Driven Transformation
Kai Finck, Senior Vice President, Office of the CFO Solutions, SAP SE
September, 11th 2014
Today’s Volatile World Needs Strong CFOs
Business
Partner
CFO
Steward
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Strong CFOs Transform Their Organizations
Stakeholder Needs
Regulatory
Internal Controls
Compliance
Risk Management
Data Governance
Report
Information Self Service
Generation
Strategic Advisory
Global Processes
Manual local
Collaboration
Processes
Service Quality
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Real Time – Paradigm for a Volatile World
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Our Private Lives Happen in Real Time
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Today’s Barriers
Legacy platforms and ‘Slow pedaling’ Need to understand
‘silo’ applications business applications the ‘art of the possible’
40% 25% 70%
of IT managers required of LoB end users indicate that of effort in analytics is
more than two days to faster access to information preparing data for analysis
prepare financial data for would have a significant
monthly reporting impact on their organization
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Adaptive Finance for a Volatile World
Engage with the business to jointly drive value,
based on real-time analysis of financial and
operational business scenarios.
Optimize finance processes for efficient and
collaborative relationships with customers,
suppliers, banks, and government authorities.
Maintain global regulatory compliance and
controls of accounting and tax standards, across
currencies, languages and industries.
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Do You Understand the Art of the Possible?
Financial Planning and Accounting and Treasury and Financial Collaborative Enterprise Risk
Analysis Financial Close Risk Management Finance Operations and Compliance
Management
Develop and Translate Payments and Bank Enterprise Governance,
Accounting Receivables Management
Strategy Communications Risk, and Compliance
Planning, Budgeting and Cash and Liquidity Collaborative
Entity Close Access Risk Management
Forecasting Management Invoice to Pay
Profitability and Cost Debt and Investment
Corporate Close Travel Management Global Trade Compliance
Analysis Management
Financial Risk Shared Services
Monitoring and Reporting Reporting and Disclosure Sustainability Reporting
Management Framework
Financial Close Commodity Risk
Governance Management
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A History of Real-time Innovations
From SAP R/1 to SAP HANA
Mobile
NetWeaver SAP HANA
Cloud
mySAP.com
R/3 Analytics
client/server
Industry Solutions
R/2
Business Suite
mainframe
R/1
1972 1979 1992 1999/2000 2004 2012+
Companies adapt to Software adapts to Software centers
technology technology around people
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“
14 years after R/3, what
would an finance system look
like if we start from scratch?
Hasso Plattner Institute,
Potsdam 2007
”
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