Finance in RISE with SAP is the enterprise-strength finance solution that has been the backbone of global enterprises for more than 50 years. Because the RISE version of SAP ‘s Cloud ERP can be tailored-to-fit, companies can create the most powerful finance suite from the trusted market leader. This solution has the highest coverage for language and country-specific regulatory requirements, and while companies can leverage industry best-practices, they are not confined by them. Extensibility scenarios and a very broad partner network that has developed over decades lead to Cloud ERP processes that suit specific business needs.
Companies benefit from embedded finance processes that deliver:
RISE with SAP offers:
- The most powerful finance suite from the trusted market leader.
- Advanced finance capabilities in premium packages.
- The highest coverage for language and country specific regulatory requirements.
- Industry best-practices scenarios.
- Modular add-on packages for extended finance scenarios.
You can learn more about SAP capabilities for Financial Management on https://www.sap.com/products/erp/s4hana-private-edition/finance.html
As mentioned before, the office of the CFO consists of different personas, all having specific business needs. SAP brings specific value to each of these personas within the finance organization.
Head of Accounting and Controlling, the primary business value lies in enhancing the speed and efficiency of financial reporting, which in turn enables quicker decision-making based on reliable data. This role also benefits from improved forecasting abilities derived from current financial trends.
Head of Audit, Compliance, and Tax sees value in strengthened financial risk management and controls, along with ensuring compliance with regulations through enhanced documentation processes.
Treasurer and Shared Services roles, see benefits from optimized cash flow and improved management of accounts receivable, as well as facilitating smoother transactions across various banking systems.
CRO and Head of Sales can expect to generate steady income through repeat sales or subscriptions, manage larger transactions through customized product offerings, and ensure the sales system is adaptable to future market changes.
CISO, CIO, and COO will find value in improved security and access management to systems, alongside enhanced efficiency in business operations through better process management.