1© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13Transforming Finance to Drive Intelligent and Accessible Reporting & Analysis
Bill Guilmart, Vice President, Solution Management
Karuna Mukherjea, Senior Director, Product Marketing
2© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
We want to take you from here ….
3© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
… to here
4© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Your Business Environment Is Constantly Changing
How deeply do these changes impact your organization
Increasing globalization
Pressure on margins
New competition
Increased focus on risk
Regulation is here to stay
Volatility in markets, commodity prices and stocks
5© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
… And Current Technologies And Processes Can’t Handle The Volume, Velocity And Variety Of All Your Finance Data
Physical Limits
6© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
You Need To Take Control Of A Fast-growing Volume Of Many Types Of Data ...
Worldwide digital content will double in 18 months, and every 18 months thereafter.
IDC
VELOCITY
In 2005, mankind created
150 Exabyte of information. In 2011, 1,200 Exabyte’s was created.
The Economist
VOLUME VARIETY80% of enterprise data will be unstructured spanning traditional and non traditional sources.
Gartner
ERP Data
Cost
s
Profitability
Speed
Velocity
Transactions
Op
port
un
itie
s
Revenues
Reports
Em
ails
Planning
Analysis
Mobile
Perio
d-e
nd
closin
g
7© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
CFOs Are Struggling With ...
Inability to access detailed financial information across
all business dimensionsSo we cannot identify new opportunities to optimize our financial
performance
Time-consuming financial analysis and reporting processes with high volumes of
dataSo we have delays in
the completion of our period-end
closings
Financial decisions based on incomplete, inaccurate
and often outdated information
So we might miss our financial objectives
and not manage risk and compliance issues
properly
8© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Top Business Priorities for the CFOFinance executives prioritize closer collaboration with the business
Over the next 2 years, priorities for finance are:
Control costs and improve profitability
Support and fund growth objectives
Improve finance efficiency/reduce cost of finance
76% of Finance executives believe at least half their time should be on high-value planning and analytic activities, though only 55% achieve this
76% want Finance to be more involved working with the business during the next two years
9© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Performance Management Projects Highest Priority On CFOs Initiatives List For Business Analytics
Statistical analysis
Predicitive modeling
Data warehouse
Financial consolidation and reporting
Customer and product profitability
Performance measurement, scorecard, and dashboard
Planning, budgeting, and forecasting
Components to be updated in 2013
Percentage of respondents
Source: Gartner. John Van Decker. CFOs See the Importance of Business Analytics Improvement, Gartner Study Finds. June 2012.
Statistical analysis
Predicitive modeling
Data warehouse
Customer and product profitability
Financial consolidation and reporting
Planning, budgeting, and forecasting
Performance measurement, scorecard, and dashboard
0% 20%40%60%80%
Components to be updated in 2012
Percentage of respondents
10© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Evolving Role of the Finance Departments
Producing Reports
Financial Governance
Cost Cutting
Distributing Information
Managing Plans
Supporting the business
Strategic Cost Analysis
Predictive Planning
Define Growth Strategies
Drive Innovation
Trusted Strategic Advisor
11© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Key Technology TrendsFinancial Transformation
MobilityBusiness Analytics
Self service reporting and analysis
Integrated business planning
Travel and expense management
Payment approval
Performance management
Customer Fact Sheet
In-memory Computing
Coping with ‘big data’
Multi-dimensional profitability reporting
Sales and Operation planning – finance to SKU
12© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
The Decision Making Revolution Is NowThe Opportunity With Transform Finance
Enable real-time decisions
Mobilize enterprise information
Increase enterprise productivity
Strategic | Operational | Collaborative
13© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
What Will Technology Enable ?
Enhanced Analytical Insight
Processing of high volumes of data
Broader access to information
Integrated real time reporting
Provide “anytime” “anywhere” flexibility
Predictive quality to data
Bring agility and speed in decision making
Transparency
14© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
“Always On” The Connected CFO !!
15© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
What Represents ‘Best Practice’Increase
organizational alignment and
agility
Help the enterprise make better decisions
that drive profitability
Deliver a faster, more reliable
close to disclose process
• Ensuring everyone understands how they help the organization succeed
• Allocating budgets to initiatives that create the most value and streamlining planning processes
• Instantly sensing changes in KPIs and enabling rapid re-forecasting and easy scenario analysis that helps manage risk and cope with volatile economic conditions
• Delivering faster access to information and more detailed analysis of “big data” for business users
• Understanding and identifying opportunities for cost to serve reduction
• Providing decision makers with reliable data on the true profitability of products, services and customers
• Reducing cycle time by driving efficiency with automation and standardization
• Increasing confidence in financial reports with high transparency and a detailed audit trail
• Allowing finance teams to analyze the reasons for the numbers rather than just reporting them
16© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Large Disparity Between Average and Best
Working days to close
annual books
Finance costs as a
percent of revenue
7 best
14.8 average
22 worst
SAP Value Engineering Global Figures
0.4% best
1.2% worst
0.8% average
Day sales outstanding
43 best
52 average
74 worst
17© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Better PlanningSAP Planning and Consolidation
Increase Boost Expand
Increase agility, plan better and faster with instant insight into all relevant information
Boost productivity by streamlining strategic, financial and operational planning
Engage stakeholders outside of finance in planning activities for greater accuracy and accountability”
What you need
• Business Decision Support
• Providing information, analysis, and metrics
• Execution in current markets
18© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Profitable GrowthSAP Profitability and Cost Management
Build Reduce Improve
Achieve revenue and profit goals with competitive products
Achieve revenue and profit goals with lower costs and efficient resource allocation
Improve customer satisfaction and retention
What you need
• Revenue growth and preservation from existing and new markets
• Overhead and cost reduction
• Prioritization of investments and resources
19© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Strategic AlignmentSAP Strategy Management
Communicate Preserve Monitor
Communicate priorities based on strategy and corporate initiatives
Preserve accountability across the enterprise to meet the strategic objectives
Collaborate, monitor, measure and manage performance
What you need
• Framing and/or adapting strategy
• Influencing strategy and operational priorities
• Ensuring initiatives achieve desired business outcomes
20© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Better Quicker Answers For FinanceBreakthrough Innovation With In-memory Computing
With in-memory technology integrated in your business, you’ll see immediate benefits
Gain Real-Time – know it when it happens
Go Deeper – ask any question on any data
Act Broadly – manage large volumes of data
Run Faster – analyze at the speed of thought
Get Flexibility – eliminate pre-fabrication requirements
In-memory computing is a technology that analyses massive quantities of data in local memory so that the results of complex analyses and transactions are available at your fingertips – and business decisions can be executed without delay
21© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Better Quicker Answers For FinanceBreakthrough Innovation With Mobile Technologies
With mobile technology integrated in your business, you’ll see immediate benefits
Real Time – Gain immediate access to information
Accelerate – Real time planning and forecasting applications
Collaborate – Rapid consensus by simulating “what-if?” scenarios
Complete - multiple versions of plans and large volumes of data
Mobile technologies enables CFO, Finance Executives and Financial Analysts access to key information anytime and anywhere in a secure manner to increase impact and productivity of the finance organization.
22© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Enterprise Performance Management
EnterprisePerforman
ce Manageme
nt
Strategize and Plan
Analyze and Optimize
Close and Disclose
Increase organizational alignment and agility
• Set and translate strategy
• Create plans, budgets and forecasts
Help the enterprise make better decisions that drive profitability
• Analyze performance
• Model and optimize profitabilityDeliver a faster, more reliable close to disclose process
• Prepare consolidated financial statements for management & regulatory purposes
• Disclose financial data to internal and external stakeholders
23© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Better Utilize Your Data To Gain A Competitive Advantage
Base decisions on the latest, granular multi-structured data
Make decisions on analytics rather thanintuition
Frequently reassess forecasts and plans
Utilize analytics to support a spectrumof strategic, operational, and tactical decision making
Rapidly evaluate alternative scenarios
Leading businesses can outpace the competition because they can:
How well do you leverage your own data ?
Fumblers
Fact Finders
Fumblers
Fact Finders
20%
n=1,002Source: IDC‘s SAP HANA Market Assessment, August 2011
24© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Further InformationCFO and Financial Leadership CenterOur pages dedicated to the CFO and Financial Leadership, a single information source with cutting edge material to help CFOs benchmark their performance in key areas that span performance management, financial close, risk and compliance, shared services, treasury and accounts payable, and receivables functions:
http://www.sapcfo.com/
Enterprise Performance ManagementVisit the Enterprise Performance Management overview pages on the SAP global website for thought leadership papers, solution briefs, demos, and customer stories:
http://www.sap.com/epm
SAP Solutions for Finance NewsletterFind out what's new in SAP solutions for finance. To receive future issues, please subscribe here:
http://www.sap.com/finance-newsletter
25© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Social Media
You can also follow us on:
www.facebook.com/sapepmwww.facebook.com/sapifrswww.facebook.com/sapfinancialmanagement
www.twitter.com/sapepmwww.twitter.com/SAP_IFRS_XBRLwww.twitter.com/cfoknowledge
http://cfoknowledge.wordpress.com/
www.sdn.sap.com/irj/bpx/financial-excellence
SAP EPM Group:http://www.linkedin.com/groups?home=&gid=2327383&trk=anet_ug_hm&goback=%2Egmp_2327383
http://blogs.sap.com/analytics/
EPM Playlist:http://www.youtube.com/playlist?list=PLB3220A879856DD4E
26© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Thank You!
27© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Manage Financial Performance And Accelerate The Financial Close With SAP Solutions For EPMStrategize and Plan
• SAP Strategy Management
• SAP Business Planning and Consolidation
Analyze and Optimize
• SAP Business Planning and Consolidation
• SAP Profitability and Cost Management
• SAP BusinessObjectsBusiness Intelligence
Close and Disclose
• SAP Intercompany
• SAP Business Planning and Consolidation
• SAP Financial Consolidation
• SAP Disclosure Management
EnterprisePerformance Management
Solution today
28© 2013 Ask, Share, Learn
www.proformative.com
#CFOD13
Thank You Sponsors!
PLATINUM
GOLD
SILVER
DIAMOND