Finance transformation

Solutions

Finance transformation

The SAP S/4HANA® digital core ERP, powered by SAP HANA®, is essential to transformation at many organizations today. For the finance function, especially, SAP S/4HANA Finance capabilities, can help finance leaders make an impact that matters.

Overview

With SAP S/4HANA, finance executives can begin to conquer complexity, focus resources on more value-added activities, and support the organization’s ability to pivot—to operate as a “built to evolve” Kinetic Enterprise, enabled by a clean core, intelligent technologies, cloud solutions, and an inclusive ecosystem of capabilities and services.

Central and responsive

Powered by the SAP HANA® in-memory computing platform, SAP® S/4HANA Finance can offer an accelerated path to a streamlined and centralized finance function, integrated business planning activities, and more flexible and timely analytics. The solution’s Central Finance capabilities allow you to begin posting transactions from multiple systems in real time to a central system—effectively centralizing financial reporting and transactional processing.

Through a clean, intuitive user interface, SAP® S/4HANA Finance provides a single, real-time version of the truth—supporting greater data transparency and giving users the ability to drill down to line-item detail and to access real-time reporting. Executed effectively via the cloud or on premise, SAP® S/4HANA Finance ultimately can help finance leaders enhance productivity, accelerate business processes, and respond rapidly to disruption and new business demands.

As part of a broader Kinetic Enterprise transformation, SAP S/4HANA and the finance capabilities it brings can help organizations operate in a more agile manner and innovate more readily—thanks to a clean ERP and reduced technical debt, cloud-enabled responsiveness for moving at the pace of disruption, and built-in intelligence.

Putting tomorrow’s finance function into motion

Implementing SAP S/4HANA to support finance transformation and activate the Kinetic Enterprise will require a broad spectrum of skills and experience. Deloitte can help.

SAP strength. SAP® Ariba®. SAP® SuccessFactors®. SAP® Customer Experience offerings, including SAP® C/4HANA and the Qualtrics experience management platform. Deloitte knows them inside and out. Our team has extensive, industry-specific experience with the entire portfolio of SAP offerings—both on-premise and in the cloud. We not only understand how SAP technologies work; we understand how to help you reimagine the enterprise and make SAP solutions work together, through a “business first” approach and integration strategy that can support your objectives and your vision for the enterprise.

Critical speed. For many companies, finance solutions are tethered to rigid, static legacy systems—which can impede your ability to pivot and support the new business models needed to thrive in today’s challenging marketplace. Deloitte can help you leverage existing artificial intelligence, machine learning, and robotic process automation tools to quickly transform your current financial data and reporting landscape—with our Kinetic Finance offering, centered on cognitive finance, real-time insights, rapid scalability, and responsiveness to support future business models. Our team works to help you accelerate SAP-enabled transformation through our agile technology implementation methodologies, ready-to-deploy industry solutions, proprietary accelerators, and experience with the SAP® Activate innovation adoption framework.

Results—delivered. Our relationship with SAP extends back decades. Our many SAP awards validate our ability to deliver quality and value for our clients—including three consecutive annual SAP® Pinnacle Awards for SAP S/4HANA and the inaugural SAP Pinnacle Award as Digital Partner of the Year in 2019. Our worldwide network of more than 23,000 practitioners dedicated to SAP solutions is widely recognized for results, and we have helped more than 3,000 clients effectively implement SAP solutions and realize business value from those investments.

Focused on business needs. To help you reimagine possibilities and deliver effective solutions enabled by SAP S/4HANA, we bring experience that is specific to your industry, digging deep to understand what differentiates you and how you might improve your business and manage the change to achieve transformation. We cast a critical eye on your business processes and their impact on your organization, focusing on your customer and business partners as well as the steps that can help you increase your competitive edge. Based on that understanding, we tailor our approach to help you reinvent your business processes, simplify user experiences, and accelerate value.

Reimagining the future with SAP. We’re deeply experienced in guiding organizations through the business and technical challenges of transformation, and we’re a leading reseller of SAP software. But our leadership doesn’t end there. We’re actively working to help SAP improve solutions through co-innovation. Our global alliance with SAP to co-innovate continues to result in leading practices that are built in to solutions. It also gives us different perspectives on evolving SAP capabilities—which is key to helping our clients reimagine everything, an entire universe of possibilities with Deloitte and SAP solutions.

Thoughtware

Become an Insight Driven Enterprise - Predictive Finance Analytics

A rapidly evolving business landscape requires financial planning and analysis capabilities that can evolve rapidly, too. Learn what it takes to develop a strategy for becoming an insight-driven enterprise with predictive finance analytics.



CFO Insights

This bi-weekly publication from Deloitte tackles the timely issues that CFOs and senior finance executives face today with practical advice.



Deloitte Accelerated Value: Finance innovation

For the finance function, new Deloitte offerings built around SAP® Leonardo can help you create a seamless bridge between innovating and operating. Learn how these solutions can enable “Lights Out” Finance, Cognitive Finance Insights, and more.



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Finding a new route to value - SAP S/4HANA® Finance for the airline industry

For airlines, a transformation with SAP S/4HANA Finance can bring much needed visibility—from reservations to the back office. But key questions emerge on deployment options, legacy systems, and more. Here are some answers to help guide the way.



Global CFO Signals

Global CFO Signals provides highlights of recent CFO survey results from Deloitte member firms. It includes opinions on a range of areas including the economic outlook, financial markets business trends, their organizations and CFO careers.



SAP Innovation Labs

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Investing in Change—from vision to value

Many leaders in financial services see the potential SAP S/4HANA Finance holds for improving processes and insights, but they have big questions about how the solution aligns with current or future needs. Deloitte has answers. Explore them here.



Move finance forward fast: Jump-start the ‘built to evolve’ enterprise with Kinetic Finance Startup

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Next Gen Billing and Revenue Innovation Management

The engine to drive an XaaS digital transformation with confidence



Next Gen Capital Management: Deloitte-enabled Fixed Asset Digital Assistant

Better manage and report on fixed assets with an intelligent, intuitive, responsive app-based bot



Next Gen Cash and Treasury Management

Quickly deployable suite of Treasury tools enabling high-utility, cash, liquidity, and exposure management capabilities



Next Gen Central Finance

Effectively transform your transactional finance data using Deloitte’s Next Gen accelerators



Next Gen Cost & Profitability Management

Enable integrated transparent solutions with automated insights and analytics into cost and profitability management



Next Gen Close, Consolidation, and Reporting (CCR)

Touchless, continuous, insightful: The future of closings, consolidations, and reporting



Next Gen Finance Operations

Leveraging SAP S/4HANA® digital core to achieve efficiency in Financial Operations



Next Gen Financial Planning and Analysis

Transform enterprise financial planning and analytics with a single cloud-based solution



Next Gen Intercompany and Operational Transfer Pricing

Reduce risk and boost compliance while enhancing transfer insight and process management



Next Gen SAP® Concur®

Moving toward value with intelligent travel & expense spend management



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Reimagine Collections and Disputes

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Reimagine operational transfer pricing solutions from Deloitte + SAP

Empower your SAP system to automate and monitor your global transfer pricing process for potentially increased efficiency, improved compliance, reduced tax rate, and mitigated risk.



Reimagine Payables

An antiquated payables function can weaken your business. Discover a ready-to-deploy solution that embeds SAP technology and intelligent, actionable insights into payment processes. Reimagine payables and transform finance with machine learning.



SAP S/4HANA® Finance: The Finance Labs - The Art of the Possible

Explore the art of the possible. Deloitte’s Lab for SAP S/4HANA® Finance provides an interactive experience to help visualize possibilities, simplify finance operations, and position the organization to meet evolving business demands. Learn more.



The CFO guide to SAP S/4HANA and Central Finance

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On-demand

Peak performance for working capital

Listen to our webinar focused on activating a Kinetic Finance function that is more agile and more intelligence-driven—allowing you to more effectively monitor and respond to events that could affect working capital.

Powering up the period-end close process

Listen for insights that can help you leverage SAP solutions to get better control of period-end close and navigate ongoing uncertainty—while improving information transparency and enabling new efficiencies

Lights out finance

Leverage SAP S/4HANA®, robotic process automation, machine learning, AI, and other digital capabilities to intelligently automate repetitive tasks—allowing you to deploy your human talent for higher-value activities.


Reimagine cash conversion

Cash flow uncertainty can bog down your business. Learn how you can leverage customer payment data and SAP machine learning to strategically transform the cash conversion cycle.


PrecisionView

Learn how PrecisionView leverages advanced algorithms, SAP technology, and cloud to transform forecasting into intelligent forecasting.


The Kinetic Enterprise: Built to Evolve

Tune into The Kinetic Enterprise: Built to Evolve to explore insights and ideas that can help you reimagine everything, transform your business with SAP® solutions, and address disruption head on.


SAP Intelligent Finance Virtual Event

Listen to top experts, SAP customers and partners to understand the current market trends, challenges and opportunities in the areas of: Finance Transformation, Financial Reporting and Analytics, Accounting, Consolidation and Closing and more.


Maximize Business Value by Leveraging Advanced Central Finance Functionalities

Many SAP customers are facing challenges due to disparate systems, the lack of a common information model for flexible reporting, and non-standardized processes that lead to inefficiencies. Download this webinar to learn about the available Central Finance functionalities beyond reporting and to experience a deep dive into universal allocations.


Case studies

Carter’s: The Next-Generation finance platform

Carter's, Inc. is the leading brand of clothing items for children in the US. Learn how Carter's modernized its financial processes with SAP S/4HANA Finance and adopted best practices to improve efficiency and gain greater visibility into its financial operations.



doTERRA: The Power of Nature to the World at a Rapid Pace

Leading Essential Oils Company Chooses SAP S/4HANA to Support Sophisticated Business Model with Scalable, High-Performing Systems.



Indivior becomes independent

Learn how Indivior PLC, a specialty pharmaceutical company, selected SAP S/4HANA Finance, SAP Business Suite powered by SAP HANA, and other SAP solutions, and not only established a comprehensive SAP landscape from scratch, but did so within its deadline, under budget, and without business disruption.



MRC Global: An empowering global transformation

Discover how MRC Global—a leading distributor of products for the energy industry—worked with Deloitte to deploy a common global SAP S/4HANA platform and standardized business processes, supporting seamless operations worldwide.



MSC Industrial Supply Co: Supplying the tools for a finance transformation

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New York Life: Bright future for finance

Discover how New York Life insurance company implemented SAP S/4HANA Finance in a managed SAP HANA Enterprise Cloud environment to enable instant financial insights, faster processes, and more strategic use of its financial data.



Schott Kaisha: Bottles a fresh start

Schott Kaisha is a prolific provider of containers for the pharmaceutical industry, but as its business increased, the organization's legacy system could not contain its growth. The company needed a systems upgrade if it was going to keep up with the pace of production. To do so, it partnered with Deloitte to undergo an SAP S/4HANA implementation. Learn how SCHOTT KAISHA navigated this implementation successfully and significantly streamlined its business processes.



Contact us

Denise McGuigan
Principal
Deloitte Consulting LLP
demcguigan@deloitte.com

Denise McGuigan is a Principal within the SAP Practice of Deloitte Consulting LLP. She has over 14 years supporting US-based and Global clients with technology-enabled business transformation programs. As a Digital Finance Transformation leader, she has experience driving and managing large-scale Finance Transformation projects across consumer, high-tech, and financial services industries.

Denise is the leader of Deloitte’s SAP Finance Market Transformation offering, and is the Deloitte Reimagine Platform Finance leader. She founded and led Deloitte’s S/4HANA Finance lab offering in the US and recently launched Deloitte’s Digital Enterprise Transformation lab offering. More recently, she has shifted her focus to Digital Enterprise Finance transformation through enabling technologies such as cognitive, machine learning, process automation, and predictive analytics.