Pragmatism, Process Optimization and SAP Product Updates
Philip SayVP, Financials Solution Marketing
30minutes
10ideas
1goal
Best run financeFinancial Excellence
10#
#
K.O. DSO
$71 billion in working capital is wasted among a sample of 24 large corporate clients
- McKinsey, 2009
Know your financial supply
chain
Promise to Pay
Collections Desktop
“Integratability”
What is New?
9#
Shrink Mountains
82% of companies still depend primarily on paper for managing invoices
- Paystream Advisors, 2009
E-Everything
SAP Information Interchange by Crossgate
What is New?
X
Corporate to bank communication
– SAP NetWeaver Process Integration
Crossgate
What is New?
8#
Rethink Shared Services
36 of the top 50 shared-service organizations run SAP.
- IQPC, 2009
Scale
Serve
Score
Shared Service Framework
Templates for AR, AP, HR
Templates for reporting
SLA monitoring
What’s New?
7#
Hedge Your Hedges
45% of companies still use spreadsheets or manual process for treasury.
- AFP, 2010
68% of companies use interest rate derivatives as a their primary hedging instrument against interest rate risk.
- Treasury & Risk Management, 2010
Analyze
Evaluate
Hedge
Account
Treasury Solutions from SAP
SAP Treasury and Risk Management
Risk Analyzers
Transaction ManagerMoneyMarketMoneyMarket
ForeignExchangeForeignExchange
Secu-ritiesSecu-rities
Com-moditiesCom-modities
Deri-vatives Deri-vatives
Debt MgmtDebt Mgmt
SAP Cash and Liquidity Management
SAP In-House Cash
SAP Bank Communication Management
Exposure Management Hedge Management
Credit Risk Analyzer Credit Risk Analyzer Market Risk AnalyzerMarket Risk Analyzer Portfolio AnalyzerPortfolio Analyzer
Hedge Management Commodities
Commodity SWAPS and OTC-Options
Update SEPA rules
What’s New?
*breathe
K.O. DSO10
Shrink Mountains9
Rethink Shared Services8
Hedge Your Hedges7
6#
Don’t Play Jenga…with enterprise risks
89% of CEOs say that they are planning to make a significant change to how they manage risk
- PwC, 2010
Monitor
Leveraging Business Intelligence with GRCSAP Business Objects BI provides enhanced visualization and analysis
<need clean screen shot of risk management>
What is New? SAP BusinessObjects Risk Management
5#
Say No to Spreadsheets
More than 50% still use spreadsheets as their main tool for planning, budgeting and forecasting.
- CFO Research, 2009
“EPM Postulate”
Fast close = better plans
Better plans = better execution
Better execution = more profits
<need clean screen shot of invoice management and pointer to one
highlight>
Capital planning starter kit
Integrated business intelligence
Business process flows SAP BusinessObjects Planning and Consolidation,
version for SAP NetWeaver
What’s New?
4#
Prognosticate Profits51.9% of financial managers view measuring product and customer profitability as the top constraint.
- Gartner, 2009
Set it free
Profit center reorganization (EhP5)
Better integration CO-PA to PCM
Packaging: Customer Value Analysis
What’s New?
3#
Put our Eco-system to Work
SAP demonstrates the ability to support a customer's need for innovation via its ecosystem of partners
- Gartner, 2009
transactionSHUTTLE™ for SAP
BPX SAP
2#
Improve Financial Reporting, Get Ready for IFRS
50% of US-based multinational companies are either currently using IFRS somewhere in the world, have completed an initial impact assessment, or are planning to do an assessment.
– PwC, Feb 2010
Get Ready.Financial reporting and the impact of IFRS
50% of US-based multinational companies are either currently using IFRS somewhere in the world, have completed an initial impact assessment, or are planning to do an assessment.
– PwC, Feb 2010
Game plan..today
SAP BusinessObjects IFRS Starter Kit
Financial Accounting / Reporting– Local: General Ledger, Close Cockpit, Central
Process Scheduling
– Master Data Governance for Financials
– Profit/Cost Center Group Changes
International Financial Reporting Standards– Group: Consolidations, Intercompany, XBRL
– IFRS starter kits
– Assessments and readiness checks
Keys to a Sound Game Plan for IFRS…
*breathe(again)
Prognosticate Profits5
4 Say No to Spreadsheets
3 Put the Eco-System to Work
2 Get Ready
K.O. DSO10
Shrink Mountains9
Rethink Shared Services8
Hedge Your Hedges7
Don’t Play Jenga6
1#
Lead Your Teams
31,000 customers rely on SAP everyday to run their Financials...
Spread the knowledge
Benchmark and build cases
Leverage SAP and our partners
When You Get Back
Best run financeFinancial Excellence
Thank you.
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