Digitize and transform your financial management to make your daily work easier, more efficient and minimize financial risks.
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!
SAP finance solutions help you realize the full potential of a centralized, cloud-based finance platform to create greater value for your business.
Provide management with timely and meaningful data analysis and key figures to ensure strategic decision making.
Increase transparency to evaluate business risks in greater detail – to ensure full compliance with standards and regulations.
Consolidate financial data in one place to keep track of your budget and make better business decisions.
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!
Dr. Kai Scholl, CFO at EUCHNER GmbH + Co. KG, after the integration of SAP S/4HANA Finance
Streamlining Financial Operations for Three Newly Acquired Businesses at EG Group
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.
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.
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.
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.
When Petlove lacked a robust ERP to support its accelerated growth and ensure control of its operations, it relied on the expertise of NTT DATA.
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.
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).
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.
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.
Extended planning and analysis offer organizations 5 key benefits:
Gartner, Innovation Insight for extended Planning and Analysis (xP&A)
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!
If you have any questions, please feel free to contact us.
