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Identifying Key Capabilities of SAP Solutions for the Banking Industry

<div id="content"><div class="parentsection"><div class="section"><div tabindex="0"><h3></h3></div><p tabindex="0">In this video, you will look at the business capabilities of SAP for the Banking industry in more detail.</p><div class="note"><div class="noteTitle"><span class="noteIcon"><img title="Note" src="/icons/note.svg"></span><span class="noteTitleText">Note</span></div><div class="noteBody"><p tabindex="0">SAP employees and official SAP Partners can download the<a target="_blank" href="https://dam.sap.com/mac/app/search?query=SAP942329&amp;assetUploadOpened=true">slide deck.</a></p></div></div><div class="kalturaVideoLessonWrapper"><div aria-label="" class="kalturaVideoLessonContainer" data-testid="video" id="1_nf5k689s"></div></div></div></div><div class="parentsection"><div class="section"><div tabindex="0"><h3>Related Resources</h3></div><p tabindex="0">You can find more learning assets on the <a target="_blank" href="https://learning.sap.com/browse/industries">Industry Learning Pages on learning.sap.com</a>.</p><p tabindex="0">SAP employees and official SAP Partners can access the following additional resources:</p><ul style="list-style-type:disc"><li tabindex="0"><a target="_blank" href="https://dam.sap.com/mac/app/p/pdf/asset/preview/BmpBH57?ltr=a&amp;rc=68&amp;doi=SAP1032832">GROW with SAP in Banking -Presentation</a></li><li tabindex="0"><a target="_blank" href="https://dam.sap.com/mac/app/p/pdf/asset/preview/JLeHCVd?ltr=a&amp;rc=68&amp;doi=SAP1040303">RISE Extension Slides for Banking Industry</a></li><li tabindex="0"><a target="_blank" href="https://dam.sap.com/mac/app/p/pdf/asset/preview/X2vmeN4?ltr=a&amp;rc=68&amp;doi=SAP1080091">SAP Business AI in Industries Edition Banking</a></li><li tabindex="0"><a target="_blank" href="https://content-discovery.int.sap/explore?mediaTypeIds=IVJ&amp;categoryItemIds=industry_131623764915182240635655">Industry value journeys on Content Discovery</a></li></ul></div></div><div class="parentsection"><div class="section"><div tabindex="0"><h3>Lesson Summary</h3></div><ul style="list-style-type:disc"><li tabindex="0"><strong>Enhanced Banking Capabilities:</strong> SAP enables digital customer engagement with features like personalized product offers, robust self-service platforms, and improved customer satisfaction through solutions like SAP Fioneer for core banking operations, including transactional banking, payment processing, and card management.</li><li tabindex="0"><strong>Transformation through RISE and Grow Programs:</strong> SAP offers two major transformation programs:<ul class="second1" style="list-style-type:circle"><li tabindex="0">RISE with SAP: Tailored for private cloud deployments, focusing on business process redesign, cloud migration, and innovation with industry-specific solutions.</li><li tabindex="0">Grow with SAP: Designed for public cloud deployments, delivering ready-to-run applications based on the latest industry best practices, particularly suited for Fintechs and new customers.</li></ul></li><li tabindex="0"><strong>Operational Efficiency and Sustainability:</strong> SAP drives operational efficiency and sustainability through intelligent automation, AI, and embedded best practices. Tools like Signavio and Lean IX enable end-to-end process optimization, while solutions like the Sustainability Control Tower ensure company-wide transparency and environmental responsibility.</li></ul><p tabindex="0"></p></div></div></div>

Key Capabilities of SAP Solutions for the Banking Industry

Introducing the Banking Industry

Unit 2 - Showcasing SAP for Banking - Part 2

Welcome to the second part of this session. In this session, we will look at the business capabilities of SAP for banking in more detail. Digital customer engagement for us as SAP means enabling omnisional banking that is consistent, proactive, and agile. It starts with offering a better customer experience with a robust set of self -service banking features through a single open platform for all channels. The ambition is to enable more accurate. and personalized product offers, resulting in higher product conversion and an improved customer satisfaction. Banking operations require industry-specific solutions, and this is the heart of every bank IT landscape. Banking Operations is the area where we position the core banking solutions which we transferred to SAP Fionier. Namely, SAP Transactional Banking for Processing for Processing for Processing and Managing Checking Accounts, Deposits, and any type of loans, SAP centralized payment processing, SAP card management. In terms of customer base, we have small banks like VASBank in Tulsa, Oklahoma, and also very large customers like Commonwealth Bank, the largest bank in Australia. They all run one and the same solution. Typically our customers achieve a high degree of standardization and automation. Rabobank in the Netherlands have implemented a loan factory with an impressive 97% straight through processing rate and are targeting 100%. Another benefit is the ability to come out with new products faster and more often, and a great example for that is Banco Galicia. The only bank in Argentina that was able to reply timely to a new request from the central bank bank to come up with a U.S. dollar account and they did it overnight in less than 24 hours. No other bank in Argentina was able to do this even within a week. Now let's talk Spend Management. Our solutions for Spend Management include Ariba, Field, Glass, and Concur. We have more than 2,900 customers, and we are constantly ranked as a leader for spend management solutions. We provide the whole spectrum of solutions for spend management, including classic procurement, travel expenses, and solutions for contingent workforce, which is a big topic in banking. Here on the slide, you seepaw, Norti, as a great reference, we have many more. Finally, let's briefly speak about the Office of the CFO, which is obviously at the heart of SAP's DNA. More than 2,750 customers are using our solutions for the Office of the CFO. We support the entire record to report process for both accounting and controlling. We allow our customers to drill down from brute level information seamlessly to transaction level in seconds without any restrictions, without any restrictions, without any predefined periods. We answer the questions that you don't have a prepared answer for. Our solutions enable our customers to look forward and take advantage of predictive accounting, planning, planning, and forecasting. Some of the key benefits include less need for reconciliation, faster close, and real-time insights. Standard chartered bank, for example, was able to reduce their close process by 10 days. Other customers reduced their chart of accounts by more than 1,000 accounts and cut the time to reporting by more than 50%. In regard to references, we can refer to many banks around the world, J.P. Morgan, Bank of America, Morgan Morgan Stanley, Deutsche Bank, UBS, Bank of Montreal, CIBC, Medial Enum, but also an increasing number of fintechs like BitStamp PayPal. Now that we have talked about our solution portfolio, let's quickly discuss the two most important programs to help our customers with their cloud transformation journey. We start with RISE. We have launched RISE and RISE is a business transformation as a service. What are the three components of RISE? The first piece is to support business process redesigned, leveraging business process toolset around Cignavio and Lean IX, supporting the move to more standardized processes, business models, and target operating models. It's important to take the opportunity of the cloudomis right away with a business process optimization. The second piece is cloud migration with pre -packaged offerings from SAP and our partners. And the third piece is innovation through industry cloud, together with SAP Fionier and other partners. Since the launch of Rise with SAP, we have won over 300 customers in financial services. Rise is a tremendous success and it will only get better now that our partners are investing in Signavio and LEANIX to support business transformation. We also launched Grow with SAP. What's the difference between the two offerings? A couple of things to highlight. First, while Rise is using S4HANA Private Cloud Edition and provides a tailored fit cloud ERP that adapts to your organization's unique transformation needs, Grow is using S4Hana Public Cloud Edition and provides a ready to run cloud application that delivers the latest industry best practices and continuous innovation. Secondly, with Rise you move on your own speed, with Grow, you're always on the latest release. And third, while the majority of Rise customers are installed base, the majority of Grow customers are new customers. Most Grow customers in FSI have been so far FinTech's payment providers, investment and wealth and asset management firms. Let's wrap it up. and reiterate some of the key takeaways. First, take the lead with industry innovations for top line, bottom line, and green line growth. Help our customers to grow their revenue by creating differentiating business models in the banking industry. Our value. We help you to increase your margin with built and best practices in the industry-specific processes. Unlock operational efficiency with intelligent automation across all mission-critical processes. Have a look where AI can help make good. business processes more intelligent, our value, embedded system intelligence with more than 200 scenarios, including the use of a dot-i, machine learning, and robotic process automation. Manage Sustainability with company-wide transparency and controls, SAP value. We provide the core operational data and processes to enable new solutions such as the sustainability control tower. Secondly, never stop improving. With continuous opportunities to optimize business processes, specifically also taking advantage of Cignavio and Lean IACS. Cignavio let's be very clear about this is not just for SAP -related processes, meaning where we have solutions to bring to the table. Signavio is specifically also for non-SAP processes where we don't have solutions to bring to the table. You can use Cignavio in your customer's landscape end-to-then. Third, secure your success with rise and grow. SAPE.P. is a trusted partner for your business in every step of the way, reach the cloud without compromise with solutions for every business need. SAP value. Software as a service delivery with technical operations, upgrades, system maintenance, fully managed by SAP. Thank you for your attention.