Identifying Key Capabilities of SAP Solutions for the Banking Industry

Objective

After completing this lesson, you will be able to identify the core capabilities of SAP’s solutions addressing needs across the banking industry value chain.

Key Capabilities of SAP Solutions for the Banking Industry

Banks have evolved from bricks and mortar institutions and are extensively digitalizing their interaction with customers. Changing customer expectations and new market entrants are forcing banks to transform. The banking value chain must evolve, and no matter which business model they choose, banks will need to connect seamlessly with their customers, partners, and emerging ecosystems.

A horizontal, color coded roadmap style graphic showing business capability areas arranged along a central grey timeline. From left to right, the main categories are Strategy and Planning, Workforce Management, Customer Engagement, Core Banking, Capital Markets and Asset Management, Spend Management, and Finance and Risk.

Core Capabilities of SAP Solutions Across the Banking Value Chain

Strategy and Planning

Fuel banking growth with insights that elevate strategic clarity, fortify capital decisions, and deliver resilient, profitable performance

Financial Planning and Analysis
- SAP Solutions
  - Mandatory
    - SAP S/4HANA Cloud Public Edition
    - SAP Analytics Cloud
    - SAP Business Data Cloud
  - Optional
    - SAP Datasphere
- Partner Solutions
  - Mandatory
    - SAP Profitability and Performance Management Cloud
SAP S/4HANA Cloud Private Edition
- Joule project assistant for transactional support and summarization
- Joule project assistant for prediction and recommendations
SAP Ariba
- AI-assisted contract management
- AI-augmented invoice capture
- AI-powered supplier summaries
SAP Fieldglass
- Skill-based job hiring
- Joule-assisted report creation

Workforce Management

Talent Acquisition
- SAP Solutions
  - Mandatory
    - SAP SuccessFactors Recruiting
    - SAP Fieldglass Vendor Management System
    - SAP SuccessFactors Employee Central
    - SAP SuccessFactors Onboarding, consumption edition
  - Optional
    - SAP SuccessFactors Mobile
    - Social Media Integration for China for SAP SuccessFactors Recruiting
- Partner Solutions
  - Mandatory
    - SAP employee experience management solutions by Qualtrics
  - Optional
    - Paradox Text Recruiting Automation and Conversational AI
    - SAP Signature Management by DocuSign, basic edition for SAP SuccessFactors solutions
Learning & Development
- SAP Solutions
  - Mandatory
    - SAP SuccessFactors Learning
    - SAP Learning Hub
    - SAP SuccessFactors Compensation
    - SAP SuccessFactors Succession & Development
  - Optional
    - SAP SuccessFactors Mobile
    - SAP SuccessFactors Opportunity Marketplace
Talent Management
- SAP Solutions
  - Mandatory
    - SAP SuccessFactors HCM Core
    - SAP SuccessFactors Performance & Goals
    - SAP SuccessFactors Platform
    - SAP SuccessFactors Succession & Development
  - Optional
    - SAP Analytics Cloud
    - SAP SuccessFactors Workforce Analytics
    - SAP Business Data Cloud
    - SAP BW/4HANA
    - SAP Datasphere
    - SAP SuccessFactors Mobile
    - SAP SuccessFactors Opportunity Marketplace
- Partner
  - Optional
    - SAP employee experience management solutions by Qualtrics

Customer Engagement

Marketing Customer Experience
- SAP Solutions
  - Mandatory
  - Optional
- Partner
  - Mandatory
  - Optional
Omnichannel Customer
- SAP Solutions
  - Mandatory
  - Optional
- Partner
  - Mandatory
  - Optional
Omnichannel Commerce Management
- SAP Solutions
  - Mandatory
  - Optional
- Partner
  - Mandatory
  - Optional
Sales Force Excellence
- SAP Solutions
  - Mandatory
  - Optional
- Partner
  - Mandatory
  - Optional

Core Banking

Banking Data Integration
- SAP Solutions
  - Mandatory
  - Optional
- Partner
  - Mandatory
  - Optional

Capital Markets and Asset Management

Trade Platform and Market Data Integration
- SAP Solutions
  - Mandatory
  - - SAP Customer Checkout manager, cloud edition
    - SAP Emarsys
Cross Border Trade Compliance and Monitoring
- SAP Solutions
  - Mandatory
    - SAP Business Data Cloud
    - SAP Integration Suite
  - Optional
    - Edge Integration Cell
Data Control and Compliance
- SAP Solutions
  - Mandatory
    - SAP S/4HANA Cloud Public Edition
    - SAP Business Data Cloud
    - SAP Risk and Assurance Management

Spend Management

External Workforce Management
- SAP Solutions
  - Mandatory
    - SAP S/4HANA Cloud Public Edition
    - SAP Fieldglass Vendor Management System
  - Optional
    - SAP Analytics Cloud
    - SAP Business Data Cloud
    - SAP Business Network for Procurement and SAP Business Network for Supply Chain
    - SAP Datasphere
Souring and Contract Management
- SAP Solutions
  - Mandatory
    - SAP Analytics Cloud
    - SAP Business Data Cloud
    - SAP Business Network for Procurement and SAP Business Network for Supply Chain
    - SAP Datasphere
  - Optional
    - SAP Analytics Cloud
    - SAP Business Data Cloud
    - SAP Datasphere
- Partner
  - Optional
    - Icertis Contract Intelligence for SAP Ariba solutions
    - SAP Signature Management by DocuSign
Supplier and Risk Management
- SAP Solutions
  - Mandatory
    - SAP Ariba Sourcing, cloud edition
    - SAP Ariba Supplier Lifecycle and Performance
    - SAP Ariba Supplier Risk
    - SAP Business Network for Procurement and SAP Business Network for Supply Chain
- Partner
  - Optional
    - EcoVadis Business Sustainability Ratings for SAP Ariba

Finance and Risk

G/L Accounting and Financial Close
- SAP Solutions
  - Mandatory
    - SAP S/4HANA Cloud Public Edition
    - SAP Advanced Financial Closing
    - SAP Green Ledger
  - Optional
    - SAP Analytics Cloud
    - SAP Datasphere
    - SAP Group Reporting Data Collection
    - SAP Risk and Assurance Management
- Partner
  - Optional
    - SAP Account Substantiation and Automation by BlackLine
    - SAP Account Substantiation and Automation by BlackLine, premier edition
    - SAP Profitability and Performance Management Cloud
Payables and Receivables Management
- SAP Solutions
  - Mandatory
    - SAP S/4HANA Cloud Public Edition
    - SAP S/4HANA Cloud Private Edition
    - SAP Business Network for Procurement and SAP Business Network for Supply Chain
    - SAP Cash Application, add-on for contract accounting
  - Optional
    - SAP Advanced Financial Closing
    - SAP Cash Application
    - SAP Risk and Assurance Management
    - SAP S/4HANA Cloud for credit integration
Asset Accounting
- SAP Solutions
  - Mandatory
    - SAP S/4HANA Cloud Public Edition
  - Optional
    - SAP Advanced Financial Closing
    - SAP Risk and Assurance Management
Profitability and Performance Management
- SAP Solutions
  - Mandatory
    - SAP S/4HANA Cloud Public Edition
- Partner
  - Mandatory
    - SAP Profitability and Performance Management Cloud
Cash and Liquidity Management
- SAP Solutions
  - Mandatory
    - SAP S/4HANA Cloud Public Edition
  - Optional
    - SAP Analytics Cloud
Treasury Management
- SAP Solutions
  - Mandatory
    - SAP S/4HANA Cloud Public Edition
  - Optional
    - SAP Analytics Cloud
    - SAP Datasphere
    - SAP Market Rates Management
    - SAP trading platform integration

Additional Resources

Note

Interested in learning more about SAP and the Banking industry? Please visit this page

To learn more about how SAP supports and innovates within the Banking industry, please visit this page

Visit SAP Solution Scout to learn more about the solutions supporting the value chain and processes in the Professional Services industry

https://solutionscout.sap.com/welcome

Lesson Summary

SAP Solutions for Banking: SAP Fioneer Core Banking, Embedded Finance, and S/4HANA Cloud enable banks to modernize core operations, integrate financial services, and offer embedded finance, driving operational efficiency and new revenue models.
Supporting Capabilities: SAP Ariba, Fieldglass, Concur, and SuccessFactors optimize spend management, workforce strategies, and talent development, supporting banks in enhancing agility, cost control, and customer-centric transformation.

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