PwC Event Cash Management · •SAP role & authorization concept •Designated namespace in SAP »...
Transcript of PwC Event Cash Management · •SAP role & authorization concept •Designated namespace in SAP »...
Key Facts about Serrala
Our Company in a Nutshell
35+Years of
experience
1Company
Recently rebranded from
Hanse Orga Group and
its subsidiaries (e.g.,
Dolphin, e5 Solutions)
3,500+Customers globally,
either SAP, SAP-
integrated, Multi-
ERP, on-premise, in
the cloud or as
managed service
650+People focusing on
O2C, P2P, Payments,
Cash/Treasury as well
as Data/Document
Management
19Offices
worldwide
(Europe, North
America, Asia,
Middle East)
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FS² Add-on solutions
• SAP look & feel
• SAP role & authorization concept
• Designated namespace in SAP
» Separated Serrala-tables
» Independent from SAP release changes
• Leverage your existing SAP environment
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Some things never change…
*2019 Global Treasury Benchmarking Survey *PwC Global Treasury Survey 2014
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What situations and challenges we are facing at our customers
Challenges
• Forecast information is not reliable (data quality) / not
consistent (Lack of ownership)
• Forecast data spread over various (ERP) systems
• No visibility on bank account information of foreign
entities
• In “competition” with controlling → indirect planning
(budget / p&l forecast)
• Lack of (treasury) recourses and support of leadership
(budget and organization)
• Microsoft Excel
• No support from subsidiaries
Typical customers requirements
• Automated integration of relevant forecast data from
Accounting / Controlling, other departments and
subsidiaries
• Near-time cash balances on selected bank accounts
• Drill-down possibilities to understand the underlying
information
• Workflow driven (system supported) solution assistants
• Comparison of actual forecast vs. planed forecast
information → support in variation analysis
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Cash Flow Forecasting | Time Horizon and Definition
Time horizon
1 to 2 yearsUp to some weeks1 day Past
Cash Flow
Analysis
Liquidity
Planning /
Rolling
ForecastCash Position
Worksheet
Cash
Position
Bo
tto
m U
pTo
p D
ow
n
Pla
nn
ing
Ap
pro
ac
h
Cash Positioning
• Bank/Cash Balances
• Cash in transit
Liquidity Forecast
• Short term forecast
• Either from manual entries
or existing data in the ERP
system
Serrala’s solution for cash and liquidity
management cover different planning
horizons and provide different forecasting
methods,
• according to the planning (forecasting)
needs of our customers, different
solutions cover different horizons;
• with increasing distance in time
typically also uncertainty increases and
it is important to make use of historical
data coming from Actual Data
Assignment process
ERP System
(Accounting)
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Forecast Process Relevant Information
A/P; A/RPayment runs /
manual
payments
Material orders
& sales ordersTreasury Cash
Flows
Industry
specific sub-
ledger
information
Budget / sales
plan
HRCAPEX
(Investment
projects)
Cash Flow
Forecasting Solution
Future Cash Flows
Bank Statements
Actuals
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Why a SAP Integration has a lot of benefits…
• One central system / database and interfacing with
other ERP system via file upload;
• Makes us of an existing system environment incl. user
rights management;
• Direct connection to A/P and A/R information
• Standard interfaces to most relevant forecast
information (SAP TRM, FI, IS-X, HR, etc.)
• Make us of account processes to generate actual data
for forecasting purposes
• Audit proved and most of the time the most secure
system within a company
• High investments in regards to updates and support
Summary & Conclusion
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Smarter Cash Management
Data Sources and Interfaces
Single Source of Truth
Flexible Reporting
Risk Management
Cash Transfers
Combination of In-house bank activities and payment
management
Existing user rights concepts driven by SAP
Less with interfacing forecasting data
BI Reporting and Fiori App technology
Active liquidity risk management by direct interaction with supply
chain financing and vendor portals
IC payments / cash clearing activities can be initiated directly out of the solution