The Home Depot’s Central Finance Implementation as a Foundational Step in its Finance Transformation Journey

Meet the Experts

  • Brad Slocumb

    Director, Financial Reporting and Operations at The Home Depot

    Expert since 2023

Key Takeaways

⇨ How The Home Depot is using Central Finance to accelerate its adoption of SAP S/4HANA

⇨ How The Home Depot implemented Central Payments to bring all payments into a centralized system

⇨ Key lessons learned when adopting and implementing a SAP Central Finance

It is always complex to transform finance and simplify processes and systems to gain real time information in a multiple legacy hard-wired financial systems setup. The Home Depot’s transformation is a multi-year initiative centered around the implementation of SAP S/4 HANA. To date, the R2R team has implemented Central Finance, Group Reporting, Central Payments, and Treasury.

Brad Slocumb, the Business Owner of the Record-to-Report workstream for The Home Depot’s finance transformation will discuss how The Home Depot is leveraging SAP S/4HANA Central Finance to initiate its Finance Transformation journey. Brad will give a view of The Home Depot’s Finance environment before Central Finance, the challenges they were trying to solve, and the reasons The Home Dept chose Central Finance to solve them.

Read the presentation here.

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