Transcription
Business Transformation Enabled by S/4HANA Finance2020
Content01The Future02The Challenges03The Opportunities04The First Step05We can help you!06Your contact
01The FutureIn a volatile, uncertain, complexand ambiguous environmentthe Finance function oftomorrow will become highlyautomated, providing realtime analysis enabled by acomprehensive data baseWorkforce & workplace Employees will do thingsin new ways we could noteven think of nowData analytics Further system integrationwill drive standardization But historical mess is stillthereERP Enterprise resourceplanning (ERP) will bechallenged by apps, microservices, and other newtoolsThe Finance factory Transactions are touchless Automation, Blockchainand others will have deepimpactsFinanceFunction2025Operating models New models will bedeveloped incl. robots,automation, freelancers,crowdsThe role of Finance Finance will be largelyautomated Required skills willdramatically changeFinance cycles Finance goes real-time astechnology fosters customersexpectation regarding dataavailabilitySelf Service Self-service on (finance) datawill become the norm Data gathering in finance isnot needed any longer
The ChallengesTo meet the future’s challenges,companies need to revise theirsteering models and realizepotentials from digitization:The latest SAP Intelligent Enterprise solution offers a variety of answers to these educe functional complexity & challengesteering impact, reduce modificationsStandardizationFit to Best Practice standard for foundational( core) processesAutomationClose manual gaps with Robotics, MachineLearning & Artificial IntelligenceConsolidationO2CTax ComplianceHarmonizationOne approach for all entities also on orporatesteeringP2PA2R R2RDigital Innovation PlatformAribaConcurPredictive AnalyticsInternet TreasuryTheDigital CoreSAPS/4 HANAProd. Cost.Big DataBlockchainDataIntelligenceDesign ThinkingCost Acc.HybrisSuccessFactorsICS Compliance02Profit. Anal.Integrated ERP architecture plus picked micro servicesAlso, SAP ends its support for R/3 systems until 2027 – so the core question is not about why to move toS/4HANA, but more about when – SAP S/4HANA concerns all of our clients in Germany. 16% of all Germancompanies already started to transform their systems into an S/4HANA landscape.
03The OpportunitiesSAP‘s answer to digitaldisruption is to embed theDigital Core with intelligenttechnologies - Financecan achieve significantfunctional benefits fromthis combinationIntegrated data model & end-to-end process perspective Full integrated data model Potential to further accelerate Business partner for vendorclosingand customer harmonization Full integration of Asset Efficient Financial SupplyAccountingChain ManagementSAP Fieldglass, SAP SuccessFactorsPeople EngagementAny expansionHRFlexible and real-time reporting Harmonized reporting Self-service & automatedstructuresreporting Redesigned group reporting Full integration between Real-time data availabilityconsolidated and transactional dataSAP ConcurNetwork & D. EngineerIntelligentSuiteProduct. nanceProcurementMarketingSupply chainManufacturing & Supply ChainSAP AribaSustainable system landscape Diverse S/4HANATransformation approaches Central Finance as an optionfor Finance Organizations Flexible platform: S/4HANAon premise vs. CustomerExperienceC/4 HANA New user experience Empowered processautomation (RPA/CPA) I mproved systemperformance and optimizedapplicationsIntegrated Planning Innovative planning IT architecture SAP BPC vs. SAP AnalyticsCloud Use of same data modelfor plan and actual
03The OpportunitiesAll these benefits pay off onyour cost and profitabilitysituation. Identifying which areais for you the most relevant iskey success factor in the earlystage of such a transformation.Our experience shows thatsignificant financial benefitscan be achieved in the areas of:Improved Asset EfficiencyReduced Shared Service CostEfficient Managerial GovernanceDrivers of shareholder valueBenefit DriverSavings1)Benefit DriverSavings1)Profitability Analysis10% - 20%Continuous (Soft) Close10% - 20%Improve Cash Management10% - 20%Integration Asset Acc. & Parallel Val.10% - 20%Improve Profit Margins5% - 20%One Accounting Document5% - 20%Improving & Optimizing Working Cap.Variable %Rapid Financial System IntegrationVariable %Integrated Capital Market DataProfitability Analysis10% - 20%Benefit DriverSavings1)Variable %Planning & Consolidation10% - 20%Reduce DSO10% - 20%Improve Daily Financial Rep. & Analysis15% - 20%Simplified Asset Accounting10% - 20%Increase Customer Credit Mgmt. Efficiency5% - 8%Simplified Depreciation Process10% - 20%Reduce Business & Operations Analysis Reporting 10% - 20%Parallel Valuation of Materials5% - 10%Reduce Accounts Payable & Expense CostSource: Enterprise Value Map (EVM), 2018(1): Savings represent savings percentage on current state process cost or current profit margins
04The First StepLike any other project aFinance Business transformation enabled by S/4HANAFinance requires a solid projectapproach. As first step, werecommend to start with ourS/4HANA Lab – it will help youto define the target state froma Finance AND IT perspectivetogether, align on guiding principles and get a first idea ofS/4HANA new features.The LabWhat will the day look like?Disrupt ordinary thinkingWe step back and first builda rich understanding ofchallenges and their contextReveal new possibilitiesWe expand beyond theobvious and dive intounexpected, innovative, andcreative solutionsIncite productive actionWe bravely call out the real barriersto progress, create ownership, andget your team aligned on the preciseactions required to get resultsAct 1: ExploreDiscover the Art of the Possible – what is S/4HANA Finance,which new features and what potentials are provided?- Universal journal concept, new asset accounting, NewGeneral Ledger, Business Partner, profitability analysis,new planning and consolidation solutions- First hand experience with live demonstrations of thesystem and Case study carouselAct 2: PrioritizeDecide which features should be prioritized in yourS/4HANA Finance transformation- Take a deep dive into what SAP S/4HANA can catalyzeand determine it’s impact on your organization- Define priorities based on level of urgency and scope ofbenefits and align with other initiativesAct 3: MobilizeMake the Success RealIdentify pilot opportunities and key next steps throughthe development of a roadmap.
05We can help you!Deloitte offers you broadexpertise and capabilitiesin business- as well astechnology-enabledtransformation. Gartner ratesDeloitte as Leader to deliverSAP S/4HANA applicationassessment, implementationand management serviceson a worldwide basis.Assets & ThoughtLeadershipTrained PractitionersProject ExperienceCollaboration with SAP on the solutionAccelerators & preconfigured solutions90 93speaking sessionsLive projectsinvested in development13assistance to SAP100% 50Deloitteemployees trainedon S/4HANAExternally publishedthought-ware on SAPS/4HANA and edgeproducts170 Implementations93 Phase 0 projects28,000 hoursinvested in developmentassistance to SAPto end business13 Endsolutions on 1610 Preconfiguredsolutions covering both capabilitiesand industries (high tech, wholesaledistribution, manufacturing, lifesciences, oil & gas, etc.)
06Your contactsTimo DausPartner Finance ConsultingTel: 49 (0)30 25468 439tdaus@deloitte.deNicolas RousselPartner Enterprise Applications/SAPTel: 49 (0)221 973 243 94nroussel@deloitte.de
This communication contains general information only not suitable for addressing the particular circumstances of anyindividual case and is not intended to be used as a basis for commercial decisions or decisions of any other kind. Noneof Deloitte GmbH Wirtschaftsprüfungsgesellschaft or Deloitte Touche Tohmatsu Limited, its member firms, or theirrelated entities (collectively, the “Deloitte network”) is, by means of this communication, rendering professional adviceor services. No entity in the Deloitte network shall be responsible for any loss whatsoever sustained by any personwho relies on this communication.Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee(“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legallyseparate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients.Please see www.deloitte.com/de/UeberUns for a more detailed description of DTTL and its member firms.Deloitte provides audit, risk advisory, tax, financial advisory and consulting services to public and private clientsspanning multiple industries; legal advisory services in Germany are provided by Deloitte Legal. With a globallyconnected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and highquality service to clients, delivering the insights they need to address their most complex business challenges.Deloitte’s approximately 312,000 professionals are committed to making an impact that matters.Issue 03/2020
As first step, we recommend to start with our S/4HANA Lab - it will help you to define the target state from a Finance AND IT perspective together, align on guiding prin- ciples and get a first idea of S/4HANA new features. 04 The Lab What will the day look like? Disrupt ordinary thinking
