A Challenging World
In today’s dynamic global markets, businesses face ever increasing challenges including constant cyber security risks, unexpected changes to financial forecasting and the need to quickly adapt to best finance and accounting practices. It is therefore important that senior management have the tools necessary to optimise their processes to ensure that they can make key financial decisions at the right time to safeguard the business.
How New Technology Can Help
New technology is delivering huge advancements to organisations’ finance, accounting and controlling functions and can help optimise finance processes to overcome daily challenges, and SAP S/4HANA Finance is leading the way. This latest offering has been designed as an integrated or stand-alone cloud module with an enhanced and easy user experience that works seamlessly with your finance department. It can improve your entire finance lifecycle by streamlining and automating your finance processes to deliver actionable insight and efficient throughput.
Innovations from SAP S/4HANA Finance
SAP S/4HANA Finance has six key innovations that will transform the way your finance department functions. It allows you to consolidate existing finance processes into a single source of truth, reducing admin tasks and providing a central cockpit of up to date information to make informed decisions. The use of multi-dimensional reporting ensures exceptions are clearly highlighted, allowing you to take immediate action to improve your DSO. There is also the opportunity to add dedicated cloud applications for even better transparency and crucially giving you a 360 degree view of your credit risks.