The CFO guide to SAP S/4HANA® and Central Finance
Key Takeaways
⇨ Real-time Financial Reporting: SAP S/4HANA's in-memory computing and Universal Journal provide detailed, real-time financial data and reporting, significantly reducing latency and manual effort.
⇨ Simplified Data Management: The system consolidates financial transaction details into a single table, enabling a unified source of truth and streamlined data processes, which supports accurate and timely decision-making.
⇨ Enhanced Business Adaptability: With its advanced analytics, integrated planning, and flexible deployment options, SAP S/4HANA empowers organizations to adapt to market demands, improve financial transparency, and drive growth through better business insights and reduced operational complexity.
Will every company using SAP today step up to SAP S/4HANA®? Probably not every company, but this is a watershed moment for SAP customers. Among organizations sticking with SAP, four factors seem to be shaping their decisions.
The first factor is competitive risk.
Companies already moving to SAP S/4HANA will get the benefits sooner, and those benefits can be substantial. There also are some risks in waiting. SAP will end support of legacy versions at the end of 2027. As that date approaches, expect growing competition for implementation talent.
A second factor is the degree of growth and business complexity companies foresee.
If your future includes more acquisitions, divestitures, and evolving business models, SAP S/4HANA can help make life easier.
A third factor is the quality of your current SAP installation and other enterprise systems. Companies that have their SAP house in order and their systems fully integrated may not feel immediate pressure to get on board the SAP S/4HANA train.
A fourth factor is data quality.
Many companies are still struggling to get their data acts together. For those with multiple instances of SAP or other ERP systems, SAP S/4HANA® is an opportunity to pull the entire enterprise into financial alignment around a tested set of simplified processes.
Learn more by reaching out to Deloitte.
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