Move2.0 intelligent finance + finance tranformation (ags)

PUBLIC
Randall Rey F. Yu, PMP
May 2019
SAP S/4HANA Finance
Financial Transformation with Intelligent Finance

2PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Insight to Action
Instrument Panel of C-152 Instrument Panel of A350

We predict the CFO role will be challenged with more complex tasks, while
the current responsibilities must be fairly automated
Agile
Finance
Transformation
Adaptive Finance Function
Adapt your finance function to
the digital and global challenge
Trusted Accounting
Be a trusted partner
for external stakeholder
Controlling Excellence
Be an internal business
partner for value creation
CFO Programs
Manage complex
transformation programs & be
the advisor of the CEO
Corporate Finance & Portfolio
Advise on corporate structures
10%
50%
20%
10%
10%
20%
10%
30%
20%
20%
Chief
Financial
Officer
Chief
Value
Officer
Finance is changing…

SAP’s Vision of Finance Transformation
From daily routine to supporting growth and new business models
Automation
Running
the Business
Insights
Operations
Deliver
Insights
Operations
Predictive
Insights
Backward
looking
Real-time
Insights
Support
Strategy
Operations
Forward
looking
Predictive
Insights
Real-time
Insights
Backward
looking
Cost-efficient
& compliant
finance processes
Pro-active
business steering
Advanced
Analytics

Evolution of SAP Accounting
SAP S/4HANAERPR/3

Universal Journal

Key Characteristics of the Universal Journal
Single Source of Truth
360° View
Extensibility
SAP HANA & Big Data
Extension Ledger
Transfer Price Valuations
Consolidation
Plan Data
Prediction
Simulation
Multiple Currencies
Parallel Accounting

SAP’s Unique Formula for an Intelligent ERP
The unbeatable combination of ingredients creates the power to transform core finance processes
Single
Financial
Truth
• Single journal entry – no redundancy
• Actual, plan, simulation data
• Reconciled & consistent by design
• Transactional & analytical data
• Real-time speed
• Unlimited drill-down
Integrated data platform
Universal Journal
Intelligent Technologies
• AI / Machine learning
• Predictive analytics
• Redesigned, simplified & automated processes
• Embedded anytime Analytics with prediction
• Cross-company integration
• Proactive business contextual assistance
• Business situation support and alerts
• Speech controlled assistance
Intelligent Finance Applications
Assisting User Interface
 Agility
supports corporate Strategy
 Analytics
provides better insights
 Assurance
manages
Risk & Compliance
 Automation
manages Cost of Finance

Instant insight in the hands of the business

Single Entry Point
The SAP Fiori launchpad will be the single entry point
to access all apps
Domain Specific Infos and Actions
Users will quickly get an overview of what needs their
attention with Overview Pages, List Reports and Work
Lists, and trigger quick actions or drill down to the next
level of detail
Enter Details and Explore In-Depth
 Key and differentiating use cases will be re-
imagined with the SAP Fiori user experience
 All “classic” applications will have the SAP Fiori
visual theme
SAP Fiori: The User Experience of SAP S/4HANA

General Ledger Overview

Financial Statement

Trial Balance

Cash Flow Analyzer

Accounts Receivable Overview

Process Receivables

Accounts Payable Overview

Asset Accounting Overview

Asset Master Worklist

Procurement Overview

Advanced Compliance Reporting (ACR)

How S4/HANA ACR has transformed Legal Reporting
Classic legal reporting without ACR S/4 Advanced Compliance Reporting
ERP
Documents –
MM/SD/FI
Application
1000+ legal reports across countries
Database extracts to
prepare reports manually
Manual steps for different
reports/countries
 Homogenous legal reporting solution as per Government prescribed formats
 Data Preview, Embedded Analytics and Audit Trail
 Real Time reporting without any data replication and reconciliation
 E2E Monitoring and Complete Transparency on reporting compliance
 Guided platform for defining and extension of reports
 Heterogeneous single point solutions
 Cumbersome data display and review
 Manual report data extraction, collection and generation
 Manual monitoring and No transparency of reporting compliance
 Classic reports difficult to extend and adapt
MM FISD …
Partner
Global Compliance
Monitor
Define Compliance
Report
VAT
AuditWHT
GST

Innovations in S/4HANA Finance

S/4HANA Finance: The Foundation for Continuous Innovation
What intelligent innovations means for finance as they emerge
FINANCE
Financial planning
and analysis
Accounting and
financial close
Treasury
management
Financial
operations
Governance, risk
& compliance
 Predictive Planning,
Budgeting and
Forecasting
 GR/IR
Reconciliation
 Enhanced Closing
Automation
 Cash and Liquidity
Management
(Increase the
accuracy of liquidity
forecast)
 Cash Application
 Remittance Advice
Extractor
 Lockbox
 Service Ticket
Intelligence (SSF)
 Tax compliance
 Business Integrity
Screening
 Predictive
Detection Methods
and Risk Scores
SAP CoPilot – one supporting digital assistant across all areas

 Automating the End-to-End processes
Increase efficiency and reduce costs with SAP’s
Finance Portfolio
 Detect and prevent fraud
Identify and rank information that positively correlates
with fraud
 Proactive context sensitive support
The digital assistant boost productivity of your financial
experts
 Prediction of future values
More insights into the future to facilitate taking the right
decisions
Intelligent Finance Applications increase Efficiency and reduce Cost
Automate
Predict
Detect
Assist

Example: SAP Cash Application
Next-generation intelligent invoice matching powered by machine learning
History
Payments
Invoices
Matching
proposals
SAP Cash Application intelligently learns matching criteria from
historical data and automatically clears payments
Automate
Automation
 Increase efficiency
 Reduce errors
 Enable finance to focus
on strategic tasks
Reduce TCO
 Learns from historical
data
 Learns from accountant
behavior
 Does not require on-
going maintenance
Speed
 Faster payment matching
 Reduce DSO
 Increase liquidity
 Improve customer service
Integrated with S/4HANA
 Integrated with S/4HANA
Cloud and On-premise
 Compliments standard
rules
 Maintain current
processing workflow
Intelligent Finance

Fraud Investigators learn from their company’s investigative history to
 Detect new fraud patterns
 Reduce false positives
Predictive Detection Methods
 leverage robust, state-of-the-art machine learning algorithms
 automatically detect and rank attributes within classified data that
positively correlate with fraudulent cases
 incorporate with existing detection methods into new Fraud
Management strategies
Example: SAP Business Integrity Screening
Detect and rank Information that positively correlates with fraud
Detect Fraud
Reduce false
positives
Save money
Detect

Assist
SAP CoPilot - One digital assistant
with one personality across all
products and solutions, industries
and lines of business
Example: SAP CoPilot
The voice activated intelligent assistant for your SAP environment
Business context awareness
Understanding the business context, and pro-actively suggesting
solutions using predictive functionality
Conversational (multi-modal) UI
Conversational UI using Natural Language Processing functionality
with a focus on the next-gen UX to create a human-like experience
Cross Applications
Allows seamless transition across platforms; start a task on a mobile
device and continue later, on a desktop or vice versa
Self Learning
Using machine learning functionality to gain knowledge based on
historic data, experience, and take action in response to new or
unforeseen events
Simple Access to Enterprise AI Platform
Integration to SAP and Non-SAP Solutions
Simple access to Natural Language Processing and Machine
Learning functionality via APIs

SAP S/4HANA GR/IR Reconciliation
Efficiently clear your open balances on the GR/IR accounts
Enables intelligent processing of the
reconciliation of your invoice and goods
receipts
 Increases accuracy of your financial statement
 Accelerate your financial close while ensuring
compliance with your corporate rules
 Enables real-time insights into open goods and
invoice receipts for accounting and procurement
organizations
Assist

Example: SAP Analytics Cloud for predictive analytics
Bringing together actuals, forecast and simulation to uncover market trends before they happen
 Use machine learning
technology to find quick and
meaningful predictive insights
 Run what-if analysis and zero-in
on key influencers for any
business challenge
 Spot outliers, perform forecasts,
and score results – using any
data, from any source
Predict

Intelligent Technologies for End-to-End Automation
Intelligent RPA Machine Learning (ML)
Chatbots to interface and hand-
over to execution bot
Multiple bot workflows for execution
(attended + unattended)
Self-learning bots with dynamic
adaptability
Interact Execute Optimize
Performing tasks Learn from exceptions

Top 10 Reasons to Adopt SAP S/4HANA for Intelligent Finance
Support strategy definition and execution
with forward-looking strategic, financial and operational insights
Centrally manage total spend
with integrated travel and expense management solution
Drive key business value creation
with real-time profitability and cost analysis
Own true enterprise risk management
with holistic view on risk and embedded automated controls
Reduce cost and mitigate risk
with natively integrated cash and financial risk management
Move from static to continuous accounting
with advanced real-time accounting capabilities
Become analytics hub of the organization
with advanced real-time and predictive analytics
Confidently grow across the globe
with 63 supported countries and 39 supported languages
Highly automate finance processes
with intelligent applications powered by machine learning
Turn compliance into strategic differentiator
with native enablement of new regulations
1
2
3
4
5
6
7
8
9
10

Contact information:
Randall Rey F. Yu, PMP
SE Finance Specialist Manager
randall.rey.yu@sap.com
Thank you!

© 2019 SAP SE or an SAP affiliate company. All rights reserved.
No part of this publication may be reproduced or transmitted in any form or for any purpose without the express permission of
SAP SE or an SAP affiliate company.
The information contained herein may be changed without prior notice. Some software products marketed by SAP SE and its
distributors contain proprietary software components of other software vendors. National product specifications may vary.
These materials are provided by SAP SE or an SAP affiliate company for informational purposes only, without representation or
warranty of any kind, and SAP or its affiliated companies shall not be liable for errors or omissions with respect to the materials.
The only warranties for SAP or SAP affiliate company products and services are those that are set forth in the express warranty
statements accompanying such products and services, if any. Nothing herein should be construed as constituting an additional
warranty.
In particular, SAP SE or its affiliated companies have no obligation to pursue any course of business outlined in this document or
any related presentation, or to develop or release any functionality mentioned therein. This document, or any related presentation,
and SAP SE’s or its affiliated companies’ strategy and possible future developments, products, and/or platforms, directions, and
functionality are all subject to change and may be changed by SAP SE or its affiliated companies at any time for any reason
without notice. The information in this document is not a commitment, promise, or legal obligation to deliver any material, code, or
functionality. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ
materially from expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, and they
should not be relied upon in making purchasing decisions.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered
trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. All other product and service names
mentioned are the trademarks of their respective companies.
See www.sap.com/copyright for additional trademark information and notices.
www.sap.com/contactsap
Follow us

Move2.0 intelligent finance + finance tranformation (ags)

More Related Content

What's hot (15)

Similar to Move2.0 intelligent finance + finance tranformation (ags) (20)

More from AGSanePLDTCompany (20)

Recently uploaded (15)

Move2.0 intelligent finance + finance tranformation (ags)