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efficient strategic financial management

NTT DATA Business Solutions

Strategic Financial Management with SAP® Finance Solutions

Digitize and transform your financial management to make your daily work easier, more efficient and minimize financial risks.

Our Finance Expertise

Efficient Data Analysis as the Base for a Superior Financial Management.

Growing a company today is a huge undertaking that involves countless factors. The risks of every business decision have to be carefully evaluated, especially in terms of financials. Otherwise, potentials get lost and valuable resources are wasted.

Making the right strategic decisions becomes more crucial than ever. But achieving this gets increasingly difficult in the modern business world, in which time pressure rises and where processes are accelerated dramatically. The margins for error become slimmer.

In order to handle time pressure and minimize financial risks, data transparency throughout all departments and processes is the key factor. Data analytics solutions that are integrated into your ERP system (S/4HANA) provide you with real-time data insights and an ideal foundation for a smart financial management. Decision-making can be based on reliable data and the outcome of business decisions becomes predictable. On top, you gain valuable time to drive automation and process optimisation.

Rely on innovative technologies and make the most of your financial means!

digitization and transformation of the finance department

Digitalization in Finance: Efficient Data Analysis for Superior Financial Management

Digitization in finance is accelerating processes increasingly, which forces organizations and especially CFOs to change their ways: The risks of every business decision must be assessed carefully – but, above all, more quickly. To do so, CFOs need digital tools to gain insights helping them respond to any situation in a proactive and agile way.

SAP business analytics solutions integrated into your SAP S/4HANA system provide you with real-time data insights as an ideal foundation for strategic financial management. With SAP’s finance solutions, the outcome of business decisions becomes more predictable and secure – even in turbulent times. This way, you can realize your department’s full potential: time pressure, minimize financial risk, and achieve data transparency throughout all departments and processes!

What is Possible with Digital Financial Management?

SAP finance solutions help you realize the full potential of a centralized, cloud-based finance platform to create greater value for your business.

Create accurate financial reports and forecasts

Provide management with timely and meaningful data analysis and key figures to ensure strategic decision making.

Manage governance, risk and compliance reliably

Increase transparency to evaluate business risks in greater detail – to ensure full compliance with standards and regulations.

Accelerate financial planning and consolidation

Consolidate financial data in one place to keep track of your budget and make better business decisions.

trusted partner for SAP finance solutions

Transform Your Financial Management with a Trusted SAP Partner

With NTT DATA Business Solutions at your side, transforming your financial management doesn’t have to be complicated. Whether you’re just starting to digitize your customer files or would like to leverage innovative technologies like AI or data analytics for your financial forecasting: Our well-proven implementation methodology allows you to transform your financial management efficiently.

Numerous global customers are already benefiting from our long-term experience regarding SAP finance expertise. Our teams have first-hand knowledge of working in strategic financial management in different industries and countries. Consequently, they deeply understand the needs and processes related to the work of financial managers, CFOs, and commercial directors – and it transpires to our work.

We’ll be happy to help you make the most of your financial means!

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Successful Integration of SAP S/4HANA Finance

EUCHNER GmbH + Co. KG Logo

Without increasing the number of employees, we have boosted sales by 20% thanks to an agile, productive system and high process reliability across the entire value chain.

Dr. Kai Scholl, CFO at EUCHNER GmbH + Co. KG, after the integration of SAP S/4HANA Finance

These Customers Already Benefit from Our Expertise

Fuel Card Services

Read more about how NTT DATA Business Solutions' team, with their knowledge and expertise in SAP solutions, has supported Fuel Card Services in ensuring the seamless operation of its critical systems
Petrol Station
EG Group

Streamlining Financial Operations for Three Newly Acquired Businesses at EG Group
Having worked together on various projects, Dovista relied on NTT DATA as a sound and trustworthy partner
Dovista

In 2021, Dovista concluded that their finance system did not support the new management and consolidation needs that arose as the company doubled in size. Together with NTT DATA Business Solutions, Dovista explored how to streamline and digitalize parts of their financial closing process.
Elektro-Material

The NTT DATA Business Solutions team proposed the development of a software bot (RPA) with UiPath for fixed asset accounting and automatic account statement upload, as it is particularly suitable for repetitive tasks and can speed them up many times over.
electric car charging concept
Elektro-Material

Within nine months, Elektro-Material AG converted its previous financial solution to the new cloud as part of a best-of-breed approach. The company benefits from simplified, automated, accelerated and fully digitalized processes.
Cia. Hering Success Case – GUEPARDO

When looking for a tax software that could meet the speed requirements and simplify the process of calculation of tax obligations, Cia. Hering found NTT DATA Business Solutions Brazil's GUEPARDO Tax Software.
the future of financial management is in the cloud

The Future of Finance 2021+

white paper finance cloud
Expert Paper
Latest Technology to Create Value Across the Enterprise

Good, actionable data is key – but on its own, it just isn’t enough. It needs to be accessible to be deployed effectively across the organization. To make valuable insights available for effective exploitation, businesses need to make the best use of important technologies like cloud computing. Since cloud-based finance applications are crucial for future business success, our expert shares all relevant considerations in this comprehensive paper.

Get the paper

Solutions & Products for Financial Management

product SAP Analytics Cloud

SAP Analytics Cloud

SAP Analytics solutions enable companies to perform predictive data analysis. This facilitates financial planning and forecasting, enables better decision-making and helps businesses respond to opportunities and potential risks quickly.

product SAP S/4HANA Cloud

SAP S/4HANA Cloud

SAP S/4HANA is a comprehensive enterprise management platform with numerous modules for any business application. We assist you in optimizing your system with cloud roadmaps and SAP financial solutions. Learn more about the cloud-based ERP: SAP S/4HANA Cloud.
product S/4HANA Finance

SAP S/4HANA Finance

Based on in-memory technology of your SAP HANA, SAP S/4HANA Finance simplifies the handling of functions for financial management in your SAP ERP. SAP S/4HANA Finance therefore combines the advantages of an intuitive user interface with the benefits from complex finance functionalities.

product SAP S/4HANA

SAP S/4HANA

You’re looking for a fast, flexible, and forward-looking management for your finance department? SAP S/4HANA Finance supports you in financial accounting, planning, and reporting as well as management controlling. Learn more about SAP S/4HANA.
SAP and non-SAP AddOns from AddStore

Our AddStore

In close collaboration with our customers we developed a wide range of solutions to accelerate your existing financial management systems. Get to know all financial management addons in our AddStore.

Top Trend in Strategic Financial Management: xP&A

As strategic financial management experts, we also observe the industry meticulously in order to identify trends as quickly as possible and advise our clients accordingly. According to Gartner the trend that is moving finance the most at the moment is extended planning and analytics (xP&A).

What is xP&A?

Coined by Gartner in 2020, the term xP&A describes the extension of the best financial planning and analytics (FP&A) concepts to areas of the business other than finance, including supply chain management, marketing, human resources, sales and information technology. The goal is to break up silos and instead enable synchronized collaboration across the entire enterprise. 

How will xP&A change finance?

Gartner predicts that by 2024, 70 % of new FP&A projects will then be xP&A projects instead – extending in scope as well as business areas involved. For this expansion of FP&A capabilities to work in the future, the relevant processes must already be established and well-run today. This emphasizes the great importance and influence of the finance department for business success of tomorrow. 

What are the benefits of xP&A?

Extended planning and analysis offer organizations 5 key benefits: 

  1. Visibility across the entire business – in real time: Breaking up silos helps enterprises create a single view of plans and performance. In addition to other reporting and analysis tools, this view will enable CEOs to understand the impact of decisions on the entire organization or each department individually. 
  2. Consistent information for decision-making: When important data is scattered in several places within the IT infrastructure of a company, chances are that decision-making is difficult due to conflicting versions of the truth. A single source of truth enables planners to work with consistent information. 
  3. Synchronized business: By sharing platform and methodology, xP&A encourages collaboration by emphasizing the impact one department’s work has on another. Whether it’s strategic, financial, or operational plans – through synchronization, the whole enterprise is in line and works toward a common goal.
  4. Increased agility: With xP&A, business leaders are fully equipped to identify new opportunities, navigate risks and maximize efficiency on the fly – because their data-based insights let them understand what’s happening in their business and the world around it within seconds.
  5. Automated planning: xP&A makes it easy to continuously update business plans based on current events and unsteady conditions. When a modification has to be made to one plan, all associated plans are automatically updated. This minimizes errors due to manual transmission of data and keeps insights up to date, even in turbulent times. 

Gartner’s Prediction on xP&A

By 2024, 70% of new FP&A projects will become extended planning and analysis (xP&A) projects, extending their scope beyond finance into other areas of the business.

Gartner, Innovation Insight for extended Planning and Analysis (xP&A)

More Insights From Our Experts

trends and news on the blog

Trends and News

Read on our blog about latest trends and news in financial management. Gain exclusive expert insights about what we do as a company and how we help our customers take their finance department to the next level.
white paper kpis and key figures in finance

White Paper: KPIs and Key Figures in Finance

Only with the right KPIs and key figures you can achieve your business goals and ensure optimal liquidity, high profitability and increasing company value. Read in our free paper what matters and which KPIs and key figures play a significant role.

business area business analytics

Our Expertise in Business Analytics

You would like to know what we can do for you in business analytics? Then learn more about how we enable companies to generate real-time data insights, create better forecasts and make faster decisions.

Let Us Transform Your Financial Management Today

Our architecture teams know the entire SAP finance portfolio by heart and will find and customize the best solutions for you. You would like to receive more detailed advice on SAP finance solutions or information on strategic financial management in general?

Just contact us – our experts will be glad to help you!