NEXT ONE Finance

From operative accounting to strategic corporate management

In the changing business environment, new technologies and capabilities are critical for a forward-looking direction. Finance plays an important role in the digital transformation to combine effective governance and innovation in an agile end-2-end business platform.

Despite complex value chains and new requirements, such as the Green Ledger, the CO₂ reporting obligation for companies, it is essential to be able to react quickly to external factors and make informed decisions. The key to this is a global, harmonised and standardised corporate platform that can be easily expanded with new functions.

The NEXT ONE Finance approach

The NEXT ONE Finance approach is a coordinated combination of standardisation, harmonisation and consolidation of core processes as well as the integration of innovative and future-oriented topics.

While the management model – standardised and harmonised structures and processes as well as a globally uniform reporting system – plays a role in the core, innovative topics such as Universal Parallel Accounting, Closing Cockpit or Green Ledger are taken up in the agile area.

Financial know-how meets transformation expertise

cbs has over 25 years of professional expertise in the financial sector. This experience is complemented by hundreds of successfully implemented digital transformations at global market leaders. A match that is unique in the market.

As an SAP Gold Partner, we are a proven expert for Finance & Controlling in SAP ERP and S/4HANA.

Take advantage of our expertise for forward-looking solutions in accounting. cbs has been supporting company-wide SAP implementations since 1995. We are S/4HANA pioneers and strategic partners to the manufacturing industry.

Sebastian Hellmann

Consulting Director

With cbs you get answers to the CFO’s core strategic questions and accounting becomes a tool for strategic corporate management.

Together with our clients, we clarify typical questions such as:

Are there uniform accounting logics and an operative chart of accounts for the group of companies?
Is there global controlling across all companies, i.e. a uniform profit centre and cost centre structure coupled with a uniform profit and loss account?
Is there parallel accounting, balance sheets on any characteristics and real-time reporting?

We realise a fast establishment of a uniform finance & reporting platform. The implementation takes place within an operational SAP system or in a hybrid SAP landscape without negative impact on the running processes – or with our Selective Data Transition approach – integrated into the SAP S/4HANA® implementation.

NEXT ONE Finance Realisation

In the first step of NEXT ONE Finance, the target picture is defined. Here the strategy is agreed, the control model is developed and finally the roadmap is defined. In the conception phase, the plan for implementation is drawn up, taking SAP standards and cbs best practices into account.

Implementation with the cbs ET Enterprise Transformer enables complex and challenging scenarios to be handled selectively and consistently. Depending on the individual customer project and the roadmap, other methods can be considered in addition to a software-supported implementation with the ET, such as posting in the SAP standard at the turn of the year.

For the implementation of large transformation projects, an agile process model has been established in which the roadmap is broken down into realistic steps, so-called “plateaus”. When planning the plateaus, the dependencies of transformation activities on the entire roadmap are included. By breaking down the building blocks, relevant added values are quickly realised.

Stories

TRUMPF creates global transparency in the financial area

The high-tech company TRUMPF, world market leader for machine tools and laser technology, is restructuring its financial management with Controlling Excellence. The introduction of a value-oriented divisional & earnings accounting system responds to changed responsibilities in the management structure and enables more decentralised governance structures.

ONE Step to “New Finance on S/4HANA”

Future-proof processes in accounting, controlling and reporting are elementary for companies. The Mainz-based technology group Schott wants to move from its old environment into a new, digital SAP S/4HANA world. S/4 is to be introduced worldwide across all countries, plants and companies – in a big bang.

CLAAS standardises charts of accounts across the entire corporate group

As part of a large ONE Corporation project, the internationally positioned agricultural machinery manufacturer CLAAS from Harsewinkel has introduced a uniform chart of accounts (SCoA – Standardised Chart of Accounts) for all 30 companies.

Global restructuring at Dürr

As a globally active machinery and plant manufacturer, Dürr undertook a comprehensive realignment of its process and system landscape from 2006 to 2010. From 12 different systems, an integrated architecture was built that ensures global cooperation and efficient use of resources.

Globale Restrukturierung bei Dürr