Global expansion, increasing regulatory pressure, and volatile markets are constantly presenting the finance sector with new challenges. One thing is clear: without transformation, finance will become a brake rather than an accelerator.
Companies must now create the technological foundation for a modern, future-proof finance system. What’s needed is an IT architecture that enables efficient management, meets regulatory requirements, provides a reliable database, and guarantees consistent transparency.
The question is no longer whether finance needs to be transformed, but how. And these are precisely the key challenges.
How can financial regulations and processes be implemented across national borders in a uniform, compliant, and scalable manner?
How should finance IT be designed to scale flexibly, reduce operating costs, accelerate processes, create transparency, and at the same time remain future-proof and compliant?
How can distributed data sources be consolidated and reliable real-time information provided for reporting, forecasting and control?
Whether within an existing SAP system, system consolidation, or migration to S/4HANA: How can the consistent, validated, and compliant transfer to the target system be achieved?
How can the IT architecture be designed to enable consistent control despite dynamic markets, M&A activities, and new business models?
How can financial systems be modernized so that they support innovation, are quickly adaptable, and at the same time ensure stability in day-to-day operations?
By transforming your finance systems, processes, and data, you lay the foundation for a consistent, future-proof management model. We support you along the way: technologically, organizationally, and strategically.
Our methodology is based on an end-to-end approach that combines reliable data, transparent decision-making processes, and software-supported implementation. It doesn’t matter whether you want to implement your target vision within an existing SAP system, as part of a system consolidation, or an S/4 transformation. We support you as a reliable partner with experience and technological expertise. The result: a harmonized system landscape that consistently supports your operational and controlling financial model – efficiently, transparently, and future-proof.
The transformation process begins with defining a clear vision that establishes strategic guidelines, a management model, and a realistic roadmap. The subsequent conceptual design phase develops a robust plan that combines regulatory requirements and business objectives.
The agile approach with clearly defined stages (‘plateaus’) divides the roadmap into realistic implementation steps. Dependencies between activities are taken into account early on. By dividing the roadmap into so-called building blocks, you can quickly achieve tangible added value with maximum planning reliability.
During implementation, our powerful cbs ET Enterprise Transformer software ensures a selective, consistent, and validated data migration, precisely tailored to your individual roadmap and project requirements.
Our transformation approach is focused on measurable business benefits. Through clear prioritization, pre-built solution modules, and an agile approach, you achieve tangible results quickly while creating a scalable foundation for the future.
A central controlling structure and a harmonized management model ensure group-wide transparency and consistent management logic.
The introduction of validated real-time data and consolidated data models enables a significant shortening of closing and reporting cycles.
The harmonization of charts of accounts, profit centers and processes sustainably simplifies and standardizes the system landscape.
Selective transformation with validated data ensures implementation during ongoing operations with minimal impact on day-to-day business.
An iterative approach in clear plateaus ensures immediately visible business impact and high planning security.
Many years of project experience and a deep understanding of processes ensure the optimal implementation of finance projects of any complexity.
SAP transformation in finance offers the opportunity to modernize established structures, establish global standards, and sustainably improve your company’s control capabilities. Rely on a future-proof financial architecture in which all components are cleanly integrated, validated, and consistently implemented.
By implementing the New General Ledger and the new fixed asset ledger, you modernize your accounting and create the conditions for parallel valuation approaches, segment reporting, and optimized closing processes. You also benefit from a consistent database and integrated compliance.
With a Harmonized Chart of Accounts, you create the foundation for consistent reporting, global transparency, and automated processes. This brings structure to your figures across companies, regions, and systems.
Harmonizing your controlling structures makes your company optimally manageable across the group. A central controlling area enables consistent evaluations and integrated cost accounting, creating the transparency required by modern management models.
As part of reorganizations or carve-outs, through the strategic realignment of your profit center structures, or to support new business models. With targeted restructuring, you create clarity, strengthen management, and maintain historical comparability at all times.
With the right approach, globally operating companies can implement complex SAP transformations securely and quickly. This successfully drives digital transformation and transforms the finance department into a business enabler.
By switching to S/4HANA, Schott is creating a globally uniform financial system – for greater transparency, accelerated processes, and future-proof decisions. A global cost accounting system and integrated data structures lay the foundation for digital transformation across the entire group.
With ONE Finance, MANN+HUMMEL has standardized its financial processes worldwide – for greater transparency, efficiency, and strategic control.
With the SCoA chart of accounts, CLAAS has created a uniform financial language for all companies – as a basis for clear reports, efficient processes, and digital future projects.
Whether process optimization, system migration, or compliance requirements: With in-depth expertise, proven methods, and a customized strategy, we will guide your finance transformation to its goal. Talk to our experts and take your financial processes to the next level.
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