As a CFO, you hear a lot about how new technologies like the next-gen ERP systems of SAP and Microsoft, which have the potential to revolutionize your job. Yet, how exactly can these new technologies help YOU improve your finance processes and add value to your company? Our finance experts follow a proven approach to help you build your business case, demonstrate the value of the technology to the finance team and unveil the opportunities for process digitization.
While the benefits of new technology like SAP S/4HANA and MS Dynamics 365 are real, they differ greatly from company to company and from business to business. So, before embarking upon your digital transformation journey, it is crucial to first identify the added value that you want to achieve and map out how adopting the new technology helps you reach your business goals.
Finance process optimization can offer a host of benefits across your organization. While many companies mainly think about added value in terms of increased efficiency or process optimization, advanced technology also helps improve the user experience and can take finance and controlling to the next level.
Benefits can be classified into the following fields:
Based on many years of experience with finance processes and deep-rooted familiarity with SAP and Microsoft technology, delaware’s finance experts have developed a pragmatic approach to help you understand how SAP S/4HANA or MS 365 can change the way you operate.
In this business optimization journey, delaware pinpoints the constraints of your existing ERP system and identifies and prioritizes opportunities within your existing as well as your future business processes. To achieve the required insights, we
This exercise follows a three-phase approach: discover, capture and orient. During each phase, delaware considers the process domains that impact or are impacted by the finance organization. In this way, we can reveal the potential to synchronize benefits across different (end-to-end) processes:
The result of the exercise is a ‘technology value map’ – with opportunities and recommendations on how to improve your finance processes – and how SAP S/4HANA or MS Dynamics 365 can add value. This value map will serve as the input for your business optimization journey roadmap.
Interested in how SAP S/4HANA can accelerate your journey to digitization? Join our SAP S/4HANA webinar to discuss your challenges in the domains of finance & controlling (23 April) and IT (22 April).