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Michel Haesendonckx, Global Solution Owner Financial Planning & Analysis, SAP SE
March 27, 2019
How SAP supports the finance function of tomorrowTurning vision on finance transformation into reality with latest SAP S/4HANA innovations
2PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
SAP’s Vision of Finance TransformationFrom 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
3PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Intelligent Portfolio for the CFOCovering all business areas across all roles to enable the intelligent finance transformation
Finance and Risk Chief Financial Officer
Vice President,
Finance
Head, Corporate
Reporting
Head, Finance
Operations
Head, Corporate
Treasury
Risk, Compliance & Audit Officer
CISO, CIO
Financial Planning
& Analysis
Accounting
& Financial Close
Finance
Operations
Treasury
Management
Enterprise Risk
& Compliance
Cybersecurity
& Data Protection
Planning, Budgeting,
and ForecastingFinancial Accounting Record to Report
Payments and Bank
Communications
Enterprise Risk
Management
Access Governance and
Identity Management
Profitability and Cost
ManagementEntity Close Order to Cash
Cash and Liquidity
Management
Controls and Compliance
ManagementSingle Sign-on
Management Reporting Corporate Close Procure to PayDebt and Investment
Management
Automated Monitoring and
ScreeningAccess Monitoring
Financial Reporting Indirect Tax ManagementFinancial Risk
Management
Policy Lifecycle
ManagementData Loss Prevention
Direct Tax Management Real Estate ManagementRisk Management for
CommoditiesAudit Management
Financial Close
Governance
Travel and Expense
ManagementTreasury Governance
International Trade
Management
Financial Shared Service
Management
Financial Process
Governance
4PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
SAP S/4HANA – Accounting at the Heart of Every EnterpriseHighly automated operations & effective value creation and protection
Margin Analysis Simulate & OptimizeManagement Accounting
Financial CloseRecord Financial ReportingFinancial
Accounting
P2OPlan-to-Optimize
Plan & Prepare Accounting Close Report & Steer
R2RRecord-to-Report
Plan & Predict
https://www.youtube.com/watch?v=mWmiAsY8y4w
5PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Intelligent Portfolio to optimize ProcessesAccounting and FP&A optimization
Predictive Accounting
SAP S/4HANA for Advanced Financial ClosingAutomation and Management of the entire Financial Close
SAP Tax Compliance
Agility Analytics Assurance Automation
SAP Analytics
Cloud
Analytics
Disclosure Management
Automation
Account
Reconciliation
Automation Assurance
Automation
Analytics
Group
Reporting
Profitability Analysis
Analytics
Plan & predict Report & SteerCloseAccounting
Advanced Compliance Reporting
Assurance
GR/IR Reconciliation
Analytics
Analytics
Accruals
Management
Analytics
Digital Boardroom
Analytics
Intercompany
Financial Hub by
BlackLine
Automation
6PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Plan & Predict in SAP S/4HANA and SAC
BPC integrated in
S/4HANA Finance
(Odata)
SAP Analytics Cloud
for Planning
Allocations
API
Embedded
Analytics
Production Orders,
CPM, …
Customer
applications or files
S/4HANA
Universal Journal
Planning persistency
Margin AnalysisPlan & Predict Simulate & OptimizeManagement Accounting
▪ High responsiveness to changing
business environment through agile,
driver-based planning
▪ Increased accuracy through
automated planning models, including
predictive capabilities
▪ More transparent and flexible
process through collaborative
planning
Benefits
7PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Financial Planning – Business Process Overview (Vision)
Strategic Plan – Multi Year Financial Plan – Target Setting – Budget – Revised Budget
SACIBP
S/4HANA
Tactical
Operational
Logistics Planning Financial Planning
Production
Cost Planning
Demand
Planning
Detailed
Scheduling
S&OP
MRP
P&L
Planning
Profitability
Planning
Revenue
PlanningSales Planning
Cost & Activity
Planning
Production
Order Planning
Transportation
Planning
Marketing
Planning
Balance Sheet
Planning
Forecast – Latest Estimate
Cash Flow
Planning
Liquidity
Forecast
Consolidation
(Planning Part)
Liquidity
Planning
Related Planning
Availability
Control
Project
Budegting
Universal
AllocationCPM
Personnel / HC
Planning
SAC Boardroom / Visual Driver Tree
Planning Core Connected Engines Related Content Planning Solutions
StrategicTactical
Consolidation
CAPEX
Planning
Location
Planning
Financial
Postings
Statistical Key
Figures
Statistical Key
Figures (Plan)
One ExposureTariffs CommitmentsFinancial
Master Data
Cost Center
Budegting
8PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Universal AllocationSimplify Allocations while Increasing Transparency
WBS SL ABC
OPA COPA JVA
GL PCA CCA
Intercompany
Universal allocation
In scope
Out of scope
9PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Plan & Predict in SAP S/4HANA Creating forward looking margin insights using predictive accounting
Feb Mar Apr
Incoming sales orders
Feb Mar Apr
Predicted revenue
Predictive
InvoiceSales Order
Predictive
Goods Issue
▪ Predictive accounting information
included in the single financial truth
▪ Isolated from GAAP reporting
▪ Based on interpreting the existing
operational document flow
▪ Currently first scenarios:
▪ Accounting for incoming sales orders
▪ First commitment scenarios
Margin AnalysisPlan & Predict Simulate & OptimizeManagement Accounting
10PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Transparent margin insights at all levels of the organization
* Single valuation
Margin analysis
in S/4HANA
Costing-based
COPA
v xReconciliation
v xDrilldown by profitability
characteristic
from income statement
v xProfitability characteristics
on balance sheet items
v vTop-down distribution
v vRealignment
v vCost of good sold
(Cost component) split
v vProduction variance split
v vStatistical sales conditions
v vSales order entry
Margin AnalysisPlan & Predict Simulate & OptimizeManagement Accounting
Product profitability
11PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Financial Accounting in SAP S/4HANAEnabling continuous accounting across accounting standards
▪ Insight into financial and management
accounting at any time based on a
single financial truth
▪ Intelligent automation and
recommendations, leveraging
machine learning and advanced
analytics, that reduce errors and free
up time for value-added activities
▪ Support of multiple accounting
standards with no manual effort
Benefits
GR/IR Reconciliation
Financial CloseRecord Financial ReportingFinancial
Accounting
12PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Machine Learning enabling process automationIntelligent Goods and Invoice Receipt Reconciliation
Intelligent
recommendations
13PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Financial Close in SAP S/4HANAEnabling group-wide accurate, automated close at any moment
▪ Reduce manual effort and risk of
errors by automating the group-wide
close in line with multiple reporting
standards
▪ Instant access to financial information
on entity, business unit and group
level throughout the period for better
decision making
▪ Monitor in real-time the progress,
quality, and financial results of the
close to avoid bottlenecks and
address business concerns
Benefits
Local Accounting
Group Reporting
Single financial truth
Monitor and automate the group-wide close
Financial CloseRecord Financial ReportingFinancial
Accounting
14PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Integrated platform for group reporting
SAP S/4HANA
▪ SAP S/4HANA for Group Reporting
▪ SAP S/4HANA Accounting
Published Standard APIs
SAP Group Reporting
Data Collection
Non-SAP sources | Non-financials | Notes
SAP Analytics Cloud
Dashboarding | Analytics | Planning
Other Cloud or
On-Premise Solutions
SAP Group Reporting
Disclosure Management
Publish online / print | Electronic submission
Fu
ture
dire
ctio
n
Financial CloseRecord Financial ReportingFinancial
Accounting
15PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Supporting Matrix consolidationReporting hierarchies maintained centrally
16PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Supporting matrix consolidationIntelligent Reporting – Virtual Elimination
17PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
SAP S/4HANA Cloud for Advanced Financial ClosingNew cloud-based offering as part of SAP S/4HANA Cloud 1902 Release
SAP S/4HANA Cloud
Central steering
Enable Central Management for Entity
and Group Close along the entire
Record-2-Report process
Intelligent Closing
Leverage intelligent technologies to
automate and further streamline the
closing process
Closing Hub Scenario
Enable Connectivity to on premise and
Cloud in heterogeneous landscapes
SAP S/4HANA Cloud
SAP Cloud
PlatformSAP ECCNon-SAP
SAP
S/4HANA
CloudSAP S/4HANA
SAP S/4HANA Cloud
Advanced Financial Closing
FinancialAccounting
Group Close Financial Reporting
Entity Close
SAP S/4HANA for Advanced Financial Closing
18PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
E2E view on financials – Overview demo
https://www.youtube.com/watch?v=_tZTVdOzRds
Simulate & Optimize
Margin AnalysisPlan & PredictManagement Accounting
20PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Intelligent Portfolio to optimize ProcessesReceivables Management with Cloud Extensions
Credit Analysis
SAP Receivables Management based on S/4HANA and S/4HANA cloudAutomation across the entire order to cash process
Agility Analytics Assurance Automation
Dispute
Management
Automation
Credit Integration
Analytics
Cash Application
Automation
Collections
Management
Automation
Automation
AnalyticsDispute
AnalysisCustomer Payments
Analytics
Worklist
analysis
Analytics
Check CreditResolve Disputes
Handle Payments
Issue Invoice Collect Cash
Credit
Management
Automation
Agility
Agility
Digital Payments
Settle, Reconcile, Account
Agility
21PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Shared service demo scenario focusing on Receivables Management
22PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Treasury Management with S/4HANAInnovations
© 2017 SAP SE or an SAP affiliate company. All rights reserved. 22
Payments and Cash Management
▪ Automate payment, cash management, and treasury
operations and exploit networked bank and trading
partner connectivity
▪ Embedded Bank Account Management
▪ Cash Flow Forecasting and Liquidity Planning
embedded
▪ SWIFT integration made easy
Treasury and Risk Management
▪ Benefit from new Fiori based reporting capabilities
with unlimited granularity
▪ Identify risk exposures across the organization
▪ Optimized FX and Hedge Management capabilities
▪ Ensure legal compliance and be prepared for
upcoming regulatory challenges such as IFRS9 and
EMIR
▪ Enablement of most used Trade Finance processes
into Treasury Management
▪ Trading Platform and Market Data integration
23PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
SAP S/4HANA Finance supports Your Digital TransformationEnd-to-end innovation of all your processes across your entire value-chain
▪ Agility supports Corporate Strategy
with effective design and implementation
of new business models
▪ Analytics provides Better Insights
with anytime, instant analytics and
prediction
▪ Assurance manages
Risk & Compliance
through holistic view of risk and
embedded compliance
▪ Automation manages Cost of Finance
with redesigned processes, intelligent
process automation and user assistance
AI/ML | IoT | Analytics
SAP
Intelligent
Suite
Customer
Experience
Manufacturing
& Supply Chain
Digital
CorePeople
Engagement
Network & Spend
Management
Intelligent Technologies
Digital
Platform
Data
ManagementCloud
Platform
24PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Virtual Finance Summit (external)
Superior Steering with Intelligent Accounting and Financial Close (Virtual Summit
Christoph Ernst 13 min)
Automating Closing and Consolidation (Virtual Summit Elizabeth Milne 14 min)
Start your Finance Transformation with Central Finance (Virtual Summit David Ormerod
15 min)
Machine Learning in Finance (Virtual Summit Sebastian Schroetel 17 min)
Predictive Accounting (Virtual Summit Michel Haesendonckx 10 min)
Margin Analysis (Virtual Summit Michel Haesendonckx 19 min)
… and far more (customer testimonials, panels, whitepapers,…)
Finance topics on YouTube and on the Virtual Finance Summit platform
Finance SAP S/4HANA 1809 “What’s new” information on YouTube:
Finance 1809 Overview (Michel Haesendonckx)
https://youtu.be/CzPhDejuft8
Margin Analysis (Michel Haesendonckx)
https://youtu.be/TfbthMsYcrc
Predictive Accounting (Michel Haesendonckx)
https://youtu.be/yH-HJWeDyXA
Embedded Analytics (Michel Haesendonckx)
https://youtu.be/wpakxWVEQv8
Accruals Management (Christoph Ernst)
https://youtu.be/wEru-hqfj1w
Goods and Invoice Receipt Reconciliation (Christoph Ernst)
https://youtu.be/jJXqWF1wJkw
Group Reporting (Christoph Ernst)
https://youtu.be/mwn3O1rxd0I
Tax Service (Stefanie Schuetz-Tschiersky)
https://youtu.be/EEhIAJfQjXM
Treasury (Christian Mnich)
https://www.youtube.com/watch?v=cGQuSpdaBS8
Videos SAP Finance playlist on YouTube:
https://www.youtube.com/playlist?list=PL3ZRUb1AKkpTQscw2i-DjiEv0C-PTQINd
SAP Offering for Record-to-Report and FP&A in SAP S/4HANA (Michel
Haesendonckx) on YouTube:
Why move to SAP S/4HANA for Accounting and FP&A: An extensive process view
25PUBLIC© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ
Purchase the print or e-book at sap-press.com/4838
➢ Examine the differences between SAP Business Suite and
SAP S/4HANA Finance
➢ Tap the potential of the Universal Journal, SAP Fiori, and
more
➢ Understand how key features change your finance processes
See how SAP S/4HANA has changed finance!
SAP S/4HANA Finance: The Reference Guide to What’s NewWritten by: Janet Salmon, Michel Haesendonckx485 pages | 4/2019 | E-book: $69.99 | Print: $79.95 | Bundle: $89.99
Contact information:
Michel Haesendonckx
Global Solution Owner Financial Planning & Analysis
Finance Solutions
SAP SE
+32 472 491 699
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© 2019 SAP SE or an SAP affiliate company. All rights reserved.
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