More Related Content Similar to Exploring the SAP S/4HANA finance transformation journey (20) More from Deloitte United States (20) Exploring the SAP S/4HANA finance transformation journey1. Exploring the SAP S/4HANA®
finance transformation journey
In Fall 2019, 4,576 people tuned in for a Dbriefs webcast, “Exploring the SAP S/4HANA finance transformation journey,”
during which the audience was polled about SAP S/4HANA and SAP Central Finance. Here are the highlights:
What is the largest SAP S/4HANA digital transformation opportunity within your organization?
A closer look across industries
Top findings across organizational levels
•• C-Suite indicated that the greatest opportunity for SAP S/4HANA in their organization rests in process simplification and
standardization (21%), followed by real-time reporting and analytics (16%).
•• Executives* and Managers indicated single source of truth ERP (17% and 18%, respectively) and process simplification
and standardization (16% and 18%, respectively) as the top opportunities.
Poll respondents indicated process simplification and standardization, a single source of truth ERP, and real-time
reporting and analytics as the primary opportunities for SAP S/4HANA at their organization.
16%
9%
17%
9%
30%
3%
FS
CNSR
ER&I
GPS
LSHC
Other
TMT
FS
CNSR
ER&I
GPS
LSHC
Other
TMT
FS
CNSR
ER&I
GPS
LSHC
Other
TMT
16%
Number of
respondents
3,972
Single source of truth ERP
Data clean-up and governance
Process simplification and standardization
Increased finance process automation (e.g., robotic
process automation, natural language generation)
Real-time reporting and analytics
M&A integration
Don’t know/not applicable
Process simplification and standardization
17%
A single source of truth ERP
16%
Real-time reporting and analytics
16%
18%
20%
12%
13%
17%
11%
19%
0%
5%
10%
15%
20%
25%
16%
22%
13%
9%
16%
6%
16%
0%
5%
10%
15%
20%
25%
%
16%
12%
21%
14%14%
15
0%
5%
10%
15%
20%
25%
*Executives = Directors and above (excluding C-suite)
FS: Financial Services
GPS: Government & Public Services
LSHC: Life Sciences & Healthcare
TMT: Technology, Media & Telecommunications
CNSR: Consumer
ER&I: Energy, Resources & Industrials
Industry key
C-Suite respondents indicated consistency of KPI definitions and reports as the most compelling benefit, but
across other role categories, single language for finance to speak was noted as the most compelling benefit,
as well as in the overall average.
Single language for finance to speak
(e.g., common data definitions)
27%
Consistency of KPI definitions
and reports
21%
Rapid reporting after newly acquired
business integration
17%
•• More than any other industry, Energy, Resources & Industrials respondents indicated having a single language for
finance to speak as the most compelling benefit of Central Finance (34% compared to 28% average).
•• Government & Public Services respondents indicated rapid reporting after newly acquired business integration to be a
top benefit of Central Finance, more so than the average respondent (20% compared to 17% average).
•• More than any other industry, Consumer respondents indicated consistency of KPI definitions and reports as the most
compelling benefit of Central Finance (24% compared to 22% average).
Single language for finance to speak (e.g., common
data definitions)
Consistency of KPI definitions and reports
Rapid reporting after newly acquired business integration
I do not think Central Finance will be beneficial
for my organization
Don’t know/not applicable
27%
21%
29%
6%
17%
Number of
respondents
3,953
25%
22% 23%
20%
16%
0%
5%
10%
15%
20%
25%
30%
C-Suite
Executive
Manager
Analyst
Other
14%
17% 17%
19%
17%
0%
5%
10%
15%
20%
C-Suite
Executive
Manager
Analyst
Other
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Top findings across industries
A closer look across organizational levels
Explore more in the CFO guide to SAP S/4HANA and Central Finance:
www2.deloitte.com/us/cfo-sap-s4hana
C-Suite
Executive
Manager
Analyst
Other
0%
5%
10%
15%
20%
25%
30%
21%
28% 28% 27%
23%
18%
Based on what you learned about SAP Central Finance, what is the most compelling benefit
that you see for your organization?