Improve Finance Through Innovation and Real-Time Insight

Finance Forum

Improve Finance Through Innovation and Real-Time Insight

Martin Naraschewski, SAP

Chris Dinkel, Deloitte; Tim Sheehy, The Coca-Cola Company; Sai Yeluri, ConAgra

May 14, 2013

© 2013 SAP AG or an SAP affiliate company. All rights reserved. 2

Agenda

Achieving Financial Excellence

Demo: Working Capital

Discussion: Case Studies and Vision

Finance Forum: Please Come Back!


The reality of the new normal for finance

Increasing

globalization

Increased focus

on risk

Volatility in

economic

conditions

Ability to make

sound decisions to

benefit the

organization

Pressure on

margins

Innovative

business

models

Ongoing

changes to

regulatory

requirements


3x Lower finance cost as percentage of

revenue for top quartile organizations

versus bottom quartile organizations

Source: SAP Benchmarking Services

Best-run finance organizations have…

Best-run companies can achieve financial excellence

76% Higher operating margin where

financial systems provide historical

and forward-looking views into

financial and operational performance


Achieve financial excellence: SAP solutions for use in

finance

Enterprise risk

and compliance

management

Accounting and

financial close

Treasury and

financial risk

management

Collaborative

finance

operations

Financial

performance

management

Finance solutions

SAP Enterprise Foundation


Control Predict Execute

SAP solutions for use in finance

Driving business results through intelligent finance

A closer look at each solution . . .


Drive Optimize Improve

Leverage predictive analysis to drive revenue by determining

strategy, identifying opportunities, establishing

plans, making informed decisions, and taking action

Optimize investments by collaborating on budget, resource, and investment decisions, and adjusting

spending based on real-time insight into performance

Improve profitability by gaining rapid insight into cost and profitability and proactively

responding to changing market conditions

Manage financial performance


Financial performance management

SAP Net Margin Analysis (powered by SAP HANA)


Control Analyze Execute

Help ensure the quality and governance of the financial close through templates,

workflow, and comprehensive management of the entire close

to meet regulatory disclosure mandates

Achieve real-time insight into the progress, quality, and

financial results of the financial close process on

any device, for better business decisions and faster issue resolution

Increase the efficiency of your financial “close to disclose”

process through automation, integration, faster processes,

better collaboration, and intuitive self-service access to financial

information

Accounting and financial close


Accounting and financial close

SAP Business Planning and Consolidation (powered by SAP HANA)


Control Predict Execute

See a real-time accurate global cash position, proactively

recognize and mitigate financial and commodity risks, and

confidently meet and exceed regulatory and compliance

mandates

Dynamically maintain reliable liquidity forecasts for informed

and effective investment, borrowing, and hedging

decisions; and leverage a holistic view of cash and

treasury to turn insight into action

Increase the efficiency of payment, cash management,

and treasury operations through networked bank connectivity, improved automation, flexible

deployments, and straight-through processing

Treasury and financial risk management


Treasury and financial risk management

Cash management (SAP HANA)


Control Deliver Transform

Control finance operations with real-time access to information

anytime, anywhere, to proactively manage the financial

health of the business

Deliver superior finance services and drive business

value to customers, suppliers, management, and employees

with automated, comprehensive financial

processes

Lower the cost of finance operations by collaborating

online with business partners and improving business

relationships, while increasing control over working capital

Collaborative finance operations


Collaborative finance operations

SAP Working Capital Analytics, DSO scope (SAP HANA)


Assess Decide Execute

Proactively reduce risk across finance with effective

responses, monitor policy compliance and controls, and confidently meet or exceed regulatory and compliance

mandates

Gain insight into the risk drivers responsible for

financial risks, identify the key indicators required for

alerts, and model and predict the financial impact of

strategic decisions

Increase the efficiency of finance operations through automation of alerts, continuous monitoring of compliance risks, and securing

of access to critical systems

Enterprise risk and compliance


Enterprise risk and compliance management

Risk management summary

Demo: Working capital Birgit Starmanns

Copyright © 2013 Deloitte Development LLC. All rights reserved.

Innovations at Deloitte, LLP

Business Challenges

• Multiple points of contact to customers, in a variety of formats

• Several very long running financial processes on a period basis

• Tax implications of presence in different tax jurisdictions in the US

SAP Solutions

• SAP HANA, SAP BusinessObjects business intelligence solutions, SAP Data Services, and SAP Landscape Transformation

Benefits/Results

• Built a custom solution in SAP HANA that provides every point of contact in a couple of milliseconds

• Using SAP Landscape Transformation and SAP HANA to copy all financial data in real time into SAP HANA

• Built a solution that compares T&E for the entire firm for two weeks in less than a minute

© 2013 SAP AG. All rights reserved. 20

Innovations at The Coca-Cola Company

Business challenges

• Definition of problem statement and need to increase leadership support

• 5 geographically based groups and 22 consolidated bottlers, 55K users

• SAP role redesign and business process mapping required

SAP solutions

• Migrated rulebooks from Approva software to SAP solutions for GRC

• Implemented GRC access controls and standardized provisioning process

• Standardized reporting and user access review process

Benefits/results

• Enabled sustainable compliance and risk mitigation

• Linked GRC to productivity, profit, and people

• Increased opportunities to scale processes throughout franchise system

Innovations at ConAgra Foods

Business Challenges • Instantly explore, augment and analyze SAP transactional and analytical information from across the

enterprise in near-real time to accelerate period end financial close process.

• Optimize systems around total delivered cost forecasting, actuals and analytics to support Integrated

Business Plan.

• Complex nature of BW landscape causes 14 hours to run report, leading to offline reporting workarounds.

SAP Solutions • FI CO / COPA Accelerators, IBP Co-Innovation, SAP NetWeaver BW on SAP HANA.

Benefits/Results • Accelerated period end close process with enhanced real time analytics for GL,COPA, ML.

• Visibility to product costs and profitability at all levels leveraging Total Delivered Margin Analysis application

• Increase efficiency & performance, limit the time for the BW ETL resulting in not only freeing up overnight

resources but also the need for auxiliary reporting systems

21

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Improve Finance Through Innovation and Real-Time Insight

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Transcript of Improve Finance Through Innovation and Real-Time Insight