Financial Services
Financial Services is a crucial industry for SAP. Financial services companies face many growing challenges, including ever-changing regulations, evolving consumer expectations, economic instability, and increased competition brought on from digital-only organizations. These drivers make it imperative to transform and become more efficient, better engaged, and resilient.
SAP and Partner Solutions for Financial Services (H2)
There are many solutions in the SAP ecosystem that are relevant to the Financial Services sector:
Financial Services is a crucial industry for SAP. Financial services companies face many growing challenges, including ever-changing regulations, evolving consumer expectations, economic instability, and increased competition brought on from digital-only organizations. These drivers make it imperative to transform and become more efficient, better engaged, and resilient.
SAP and Partner Solutions for Financial Services (H2)
There are many solutions in the SAP ecosystem that are relevant to the Financial Services sector:
- Digital Customer Engagement is about modernizing the way companies reach consumers, which can include omnichannel commerce, customer experience management, digital banking, customer analytics, and marketing offerings.
- Finance and Risk solutions help companies stay compliant and avoid risk by touching on Governance, Risk, and Compliance (GRC) functionality, financial planning and analysis, data services, reporting, and accounting for financial instruments.
- Banking Operations tools aim to help those in the banking industry with key functions including card management, retail services, payments, cash and liquidity management, and commercial lending.
- Total Spend Management is about helping companies get a centralized view of spend by combining multiple cloud offerings around procurement, vendor management, sourcing and contracting, invoicing and payables, travel reimbursement, and analytics.
- HCM and HXM solutions help organizations with recruiting, onboarding, talent management, and more.
- Core ERP systems act as a system of record for key transactional information.
The financial services sector is turning to technology to assist with becoming more digital and more relevant to consumers. At the same time, they are looking to build processes and systems that can provide centralized views of data around customers, compliance, risk, finance, and employees.
Key Considerations for SAPinsiders
Financial services companies are utilizing SAP and partner solutions as part of their transformation programs within a variety of focus areas, including security, automation, and digitization.
- How Zurich North America used BlackLine to move to SAP S/4HANA. Read this case study to hear about Zurich North America’s SAP S/4HANA migration, including how it utilized Blackline Solutions for Automation & Control during the project.
- Swiss Federal Administration planned its SAP S/4HANA move with security design in mind. Read this case study to learn how the Swiss Federal Administration managed SAP Security within its SAP S/4HANA migration.
- Deutsche Börse Group’s approach to digitization, process redesign, and defining sustainable user journeys. Read this Q&A to learn about Deutsch Börse Group is transforming its SAP landscape while also transforming its business overall.
191 results
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Addressing the Structural Gap in SAP Working Capital Governance
Many large enterprises using SAP face significant liquidity challenges due to unbilled revenue, typically trapped accounts that can represent between $450 million and $900 million for a $5 billion company. Solutions like GetBilled are being adopted to reduce inefficiencies and enhance cash flow by improving governance and billing processes.
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Why Serrala is the AI Partner of Choice for Finance Innovation
Serrala’s whitepaper emphasizes the need for finance organizations to automate and integrate AI across their systems to enhance strategic insights, improve compliance and risk management, and drive growth in a volatile global financial landscape.
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The AI-Driven Customer Portal for Faster, Cleaner Collections
In B2B industries, the order-to-cash process is often hampered by manual, opaque workflows, but AI-enabled self-service portals like Serrala’s streamline collections, enhance transparency, and reduce Days Sales Outstanding (DSO).
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Unlocking Trapped Cash: Working Capital Optimization and SAP AR Acceleration with GetBilled®
Complex SAP Order to Invoice processes trap 9–18% of revenue monthly in unbilled accounts and delayed billing cycles, costing $450M–$900M annually for a $5B enterprise, driving the need for AR optimization and cash flow improvement solutions like GetBilled, which enhance liquidity by reducing DSO and billing cycles.
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Why Most Modern AP Solutions Are Already Outdated (And What to Look For)
As finance professionals transition to SAP S/4HANA, the focus of Accounts Payable (AP) is shifting from basic PDF scanning to seeking advanced automation solutions that integrate deeply with SAP.
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Context, Tools, and Trust: Kyriba Leads the Way in the Era of Agentic Experience
Kyriba TAI exemplifies the emergence of agentic experience in finance by deploying AI agents that enhance operational efficiency, optimize cash management, and maintain trust through compliance and transparency, while integrating seamlessly with SAP ERP systems.
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Chemical Executives Projections & Priorities for 2025/26
The chemicals industry is cautiously optimistic about 2025, following a challenging 2024. Executives are navigating a high degree of uncertainty, with performance expectations closely linked to GDP growth and consumer confidence. Stability and predictability are crucial for the industry’s outlook.
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Life Sciences Projections & Priorities for 2025/26
Top-line growth is expected primarily through volume increases of established products and brands, as well as acquisitions. Mergers & Acquisitions (M&A) are seen as the preferred growth strategy, while geographical expansion is less relevant due to geopolitical risks. The study highlights the importance of AI innovations, cost control, and global regulatory harmonization.
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Beyond SAP Business Warehouse
SAP Business Warehouse (SAP BW) has served organizations for decades as a reliable foundation for data warehousing and business intelligence. It has enabled tailored reporting, financial planning & analysis (FP&A), and financial consolidation through add-ons such as BPC and BCS. This paper explains why organizations should define a next-generation data & AI platform now, outlines…
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SAP Partners – Enabling Business Transformation and Innovation
In today’s rapidly evolving digital economy, businesses face mounting pressure to innovate, streamline operations, and remain competitive. SAP Partners are pivotal in helping organizations meet these challenges head-on by providing tailored solutions that drive digital transformation and unlock new potential. CIO Insights explores explore how SAP Partners are helping businesses leverage the full power of…
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