Finance Transformation

One of the key obstacles facing CFOs today is the proliferation of data across multiple silos and applications. When vital information is scattered across the organisation, it’s a challenge to gather it to analyse. One approach to solve this is a large-scale ERP implementation.

For CFOs looking to reduce the time for month end reporting, the power of SAP and the cloud ecosystem can deliver the finance transformation you need. Deloitte partners with SAP which has made significant investments in enabling its core ERP product for the cloud, making it easier to use and, crucially, future proofed.

When your vision is to build an intelligent enterprise by moving from legacy systems to an enterprise-wide solution that integrates all the key ingredients – data, the workforce, advanced technologies, customer insights, and operations. When disruption causes you to ask tough questions about your business, SAP solutions can offer answers – and Deloitte can help.

As you embark on your journey with SAP technologies, you’ll have a skilled partner to navigate the course with you, helping you to design, customise, and deploy an integrated environment to drive your business forward.

As CFOs and finance leaders, you can transform your operations so you achieve increased business performance and shareholder value, with a range of finance transformation solutions enabled by the SAP S/4HANA digital core ERP and SAP Central Finance. Cloud-enabled ERP with SAP, delivered by Deloitte, puts your finance function on the front foot.

In the past, it wasn't unusual for a CFO and finance function to spend 60% to 70% of their time looking at historical reports, but the modern business demands a team that dedicates the majority of time in the working day focused on the future: where does the business need to go next, and what decisions will help you get there?

To be able to spend more time planning and forecasting with confidence, you need to reduce the hours spent poring over financial reports forensically in the hope of uncovering insight: you need data at the click of a button, easily digestible in a visual format so you can make the decisions you need with confidence to help the business forge ahead.

Deloitte's business finance team harness advanced analytics and statistical forecasting to support process transformation, including business finance process, performance management and talent optimisation, budgeting and planning, and management information and insights.

When the CFO needs to make investments that deliver value, they have information at their fingertips, guiding them to the right choice, with a toolset that can analyse data in their underlying systems and present the findings in a user-friendly format through visualisation apps.

Before that can happen, we often conduct immersive finance labs, where we sit down and ask clients questions like: what is your vision for finance, and what do you want your legacy to be? Invariably, they want to be more efficient, effective and forward-looking: from being purely focused on operations to supporting the business. Together, we develop a plan to imagine, deliver and run your future finance operating model.