How The Home Depot Rebuilt Its Financial Operations
Meet the Experts
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Brad Slocumb
Expert since 2023
Meet the Authors
Key Takeaways
⇨ The Home Depot needed a phased rollout to support its legacy.
⇨ Central Finance allowed the company to migrate to SAP S/4HANA over time.
⇨ Investing in change management at the outset has been the key to success.
Simplify processes and systems, and gain accurate, timely information. Provide decision-makers with real-time data and insights. Learn how to lower the cost of service by adopting cloud technologies. This initiative can merge the number of systems needed to finish tasks while offering interfaces that are more user-friendly. With more standardized processes, your company will receive more consistent data reporting. Added capabilities from the Central Finance initiative will allow workflows to be more efficient and save valuable time. Automating manual processes will also help associates move on to other strategic opportunities. Finally, this all allows decision-makers to have access to real-time data to enhance data-driven decision-making.
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