Discovering the Use Case for SAP Financial Management Solutions combined with SAP Business Data Cloud and SAP Business AI

Objective

After completing this lesson, you will be able to explore additional solution capabilities when enhanced with the latest data and AI innovations.

SAP Financial Management Solutions Additional Capabilities

SAP cloud ERP and SAP Business Data Cloud (SAP BDC), powered by AI, are transforming the future of finance by driving innovation and efficiency. The video explores use cases and demonstrates how automation can transform working capital assessments, unify financial data, and optimize processes to create a more efficient and informed organization.

Click the Play arrow  to begin watching the video on streaming working capital.

Click the Play arrow  to begin watching the video on financial planning and forecasting.

Let’s summarize what you’ve learned:

  • SAP cloud ERP and SAP Business Data Cloud (SAP BDC) can increase efficiency by automating working capital assessments and processes.
  • SAP's working capital insights app enables live monitoring of cash flow and financial data for better decision making.
  • By using SAP's data engineering capabilities, organizations can gain a comprehensive understanding of the financial landscape through historical and external customer data.
  • SAP's analytics agent identifies risky invoices and creates personalized strategies to prevent late payments, subsequently tracked by SAP's collection agent.
  • With SAP BDC, financial planning is streamlined by consolidating different data sources, enabling scenario-based planning, impact analysis with simulation tools, and efficient workflow execution facilitated by analytics and functional agents.