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Executive Q&A: The intelligent finance imperative

The recent economic disruption has accelerated the evolution of finance. Business demands that finance and accounting teams provide tighter integration, increased automation, better visibility into operations as well as more sophisticated planning and reporting capabilities. This interactive panel examines:

  • How finance and accounting teams are adapting critical priorities when it comes to planning, visibility, and providing real-time insights for the business
  • How companies are integrating intelligence into their finance processes that extend far beyond simple automation
  • What ROI and business benefits early adopters are seeing and how they are measuring success
  • What skills and steps organizations are taking to incorporate intelligent capabilities within their core end-to-end finance and accounting processes



MEET THE AUTHORS

Rizal Ahmed SAPinsider
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Rizal (Riz) serves as Wellesley Information Service’s Chief of Content. He oversees content and business planning, helping WIS’s global customers and partners discover new ways to leverage content for competitive advantage. Prior to WIS, Riz was a Research Associate with Forrester Research and a reporter for the Manila Times in the Philippines. Riz earned dual degrees from Dartmouth College in History and Economics.

Karthik Amirtharajan Microsoft
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Karthik Amirtharajan is a Director Specialist in Microsoft’s Apps & Infrastructure SAP solutions business advising customers in the Americas enterprise majors’ segment to help Create and Capture value from IaaS, PaaS, and SaaS capabilities on the Azure cloud platform. He helps articulate Azure’s business value and TCO to the C-Suite, collaborate with their solutions team to discover, validate, and enable customers to commit their SAP workloads on Microsoft Azure. Karthik helps lead SAP journey to Azure conversations for Microsoft’s customers within the Retail & Consumer Goods, Manufacturing and Financial Services industry groups to enable them on the path for Digital Transformation. Karthik has 21+ years of overall industry, strategy, and consulting experience. In his prior role, he spent 10+ years of his consulting career at Accenture. Karthik helped manage a $400M book of Azure business in North America, developing, enabling, and executing joint go-to market strategies Microsoft aligned to SAP workloads. Karthik helped originate, shape, and deliver large strategic SAP journey to Azure transformation engagements for Fortune 100 clients. He is a Trusted Advisor for clients in the Retail & Consumer Goods, Oil & Gas, Chemicals, Media & Tech and Financial Services to help realize the business value of Cloud. He has managed large scale global consulting teams, journey to cloud and digital transformation programs for clients with annual revenues of 50-100 billion dollars.

Vinod Raghavan Deloitte
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Vinod Raghavan is a leader in Deloitte Consulting’s Enterprise Performance – SAP offering. He serves clients across Life Sciences, Consumer and Retail industry driving Global Finance Transformations. Vinod leads large, complex programs focused on Finance Transformation enabled by ERP (SAP S/4HANA) and Next-Gen solutions supported by cloud hosted infrastructures. Vinod also serves within the SAP Offering as the US Finance Market Offering Close, Consolidation and Reporting leader, driving forward the strategy and creation of Deloitte's thought leadership. Vinod also helps CFO’s and CAO’s rethink their ‘Finance organization of the future’ with a focus on digital core and automation.

Sheeraz Iqbal Protiviti
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Sheeraz Iqbal is an accomplished IT Leader with expertise in ERP solutions. Sheeraz exceptionally delivered Business and Digital Finance Transformations, Financial Planning & Analysis redesign, Global Roll-Out solutions with Parallel Accounting/Local GAAPs, Statutory, Management Reporting and Analytics. He is a strategic leader with experience and proficiency in SAP solutions, Business Process Optimization, aligning business goals with technology solutions to drive process improvements, competitive advantage and bottom-line gains. He has extensive expertise in delivering SAP S/4HANA, Central Finance, Suite on HANA, ECC, BPC, BI/BW, Data Services solutions. Sheeraz is a Subject Matter Expert in Global & Digital Finance process integration with Shared Services, Supply Chain, Operations, Order-to-Cash, Reporting, Consolidations and FP&A.



Achieving Operations Agility in Life Science

Webinar -On-Demand

From an increased demand for personalized medicine to an increase in global regulatory standards – the life sciences industry is witnessing major shifts in the marketplace. With many blockbuster drugs coming off patent protection, global competition will rise quickly, as will the pricing pressure on life sciences companies.

The solution to tackle the challenges pharma companies face today is building kinetic supply chains that rapidly respond to changing market demand while reducing total cost of operations. Pharma companies need to achieve real-time visibility of sourcing, logistics, operations, and inventory data, to create an end-to-end supply chain that is fully traceable and friction-free.

Some questions that are on top of the mind of supply chain leaders in pharma industry are:
• How do we reduce total operations cost while driving greater compliance?
• How do reduce shrink and spoilage inventory loss?
• How do we reduce physical inventory while increasing inventory visibility and accuracy?

Learnings from this webinar will help pharma supply chain leaders formulate answers to the questions above. Attendees of this webinar will gain the following insights:

• Learn how edge innovation using SAP cloud platform can help them achieve business outcomes.
• Strategies to eliminate inventory leakage and loss by proactively addressing shrink and spoilage with advanced Artificial Intelligence models.
• Roadmap to establish a smart shop floor that provides complete visibility into production control and manpower prediction, and can implement planning and scheduling strategies.


MEET THE AUTHORS

Ravi Mandavilli Deloitte
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Business Transformation Leader with 29 years of progressive experience working with Fortune 500 and global leaders in diverse industries. Adept at driving sustainable value across manufacturing, supply chain, distribution, finance, and other key operational areas. He brings valuable experience in implementing SAP and M&A solutions for the Life Sciences Industry. As a thought leader, he introduces improved business and technology processes to global companies. He developed the business case and led a team to build improved SAP business processes for a Life Sciences business that reduced inventory and operating costs by $37 million and $27 million respectively.

Nikhil Goray Deloitte
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Leading Large Scale Transformation programs in Life sciences and Healthcare. Managing large Fortune 2000 clients consulting services P&L. Driving innovation and thought leadership to combine leading principles of SAP S/4 HANA, Digitization, Big Data, and IOT to create new markets and revenue streams. Broad range of Technology, Strategy & Management Consulting experience. Thought leader in driving Total Cost Management programs and Agility to Compete initiatives. Experience driving large scale transformation projects focused on maximizing business outcomes.

Global Human Capital Trends: The social enterprise in a world disrupted

Webinar- On-Demand

Amid perpetual disruption, it is critical that organizations become, and remain, distinctly human at their core. To be able to navigate uncertain futures, organizations must shift from a survival mindset to a thrive mindset. In this informative webinar, we will discuss:

  • How prepared organizations were for the pandemic, and how they now plan to shift strategies going forward
  • Five trends that highlight how organizations can thrive in the future
  • The importance of purpose, potential, and perspective to serve as core organizational attributes to guide organizations through uncertainty

By attending, you will also see results of Deloitte’s 2021 Global Human Capital Trends and explore tangible ways to help your organization thrive as you face ongoing disruption.

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MEET THE AUTHORS

Kraig Eaton Deloitte
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Kraig Eaton is a principal with Deloitte Consulting LLP and leader of Deloitte’s HR Strategy and Solutions practice. He brings 27 years of experience supporting clients across the full spectrum of HR and workforce transformations; from upfront strategy development through large-scale operating model, organization, and technology implementations.

2021 CIO Perspectives Webinar: Strategic Business Priorities and the SAP Agenda

This on-demand webinar extends the insights from the 2021 CIO Perspectives study. Enterprise CIOs are leading their companies through pandemic-era business disruptions on multiple fronts today. This SAPinsider Executive Research study takes the pulse of CIOs and IT leaders from organizations across the globe in order to assess their top priorities in 2021 and their plans for investments in key technologies such as SAP S/4HANA, artificial intelligence/machine learning, and adoption of cloud technology.

Watch the webinar to learn:

  • How CIOs are leveraging or planning to use cloud technology to meet rapidly changing business demands and to deliver a more resilient IT infrastructure for their organization
  • How top executives are navigating the “new normal” of a distributed workforce and how they are balancing the demands for increased productivity with the complexities of remote work
  • How the current global business climate is impacting each organization’s SAP budgets and spending, the staffing of their SAP-related teams, and their investments in transformative projects like SAP S/4HANA migrations and implementations
  • How technology executives are responding to global business disruptions and in which business processes they are investing time and resources to help navigate unprecedented market volatility

 

Watch the Webinar

SAPinsider Technology Executive Forum Magazine | 2021 | Issue 1

On the Cover

Business demands have been clarified over the past year and a half: Planning cycles have been dramatically shortened. Digitization has been accelerated. And there is a need for constant and immediate views into customer demand and supply chains. As a result, many businesses have had to make significant operational shifts, and many of these changes have been enabled by technology.

The inaugural edition of Technology Executive Forum magazine focuses on stories about the people behind the technology — IT leaders driving transformation within their organizations. These leaders say that visibility, agility, flexibility, and efficiency have become cornerstones of their strategy and technology architectures. They have found these elements to be essential to push for change and support new business models and processes. The featured thought leadership article in this issue explains how SAP is supporting organizations’ need to prioritize innovation agendas with its RISE with SAP offering. We hear from executives of companies like Ingevity, New England Biolabs, and Thames Water about how their use of technologies like automation, artificial intelligence, and machine learning — as well as investments in SAP S/4HANA and cloud migration projects — are helping to drive business outcomes. We also learn about how these leaders had to change their management approach to accommodate remote workforces.

Additional articles and features in this edition include:

  • How one county council is modernizing technology and its SAP landscape to deliver more to its residents;
  • A look into SAPinsider’s recent research, including where SAP customers plan to reinvest in the coming year; and
  • How one oil and gas company is transforming into an integrated energy conglomerate.

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A Cyber Risk Framework for the S4 Journey

Webinar - On-Demand

Organizations are heading into an unknown territory where both the technology platform they secure and threats to those platforms are getting more complex. Operational, Technology, and Compliance drivers introduce complexity even as customers expect companies to protect their data better. The cyber risk for the SAP solutions is a journey and should follow a maturity model aligned to your corporate risk appetite and enterprise solutions. Unlike SAP’s other tools that can be utilized with your existing organization, Deloitte works with the clients to appropriately leverage existing enterprise solutions to empower a seamless solution.

In this session, Kevin Heckel, Managing Director at Deloitte Risk & Financial Advisory, and Tyler Lewis, Principal at Deloitte Risk & Financial Advisory, will discuss Deloitte’s perspective of the cyber domains to secure data, applications, and platform, including cyber governance, application security, data privacy and protection, controls and compliance, identity and access management, infrastructure security, operational security, and monitoring and response.

Attend this session to:

  • Learn to drive business value by enabling digital transformation
  • Get a high-level understanding and be able to discuss cyber risk domains impacted by the S4 journey
  • Understand how to implement cyber capabilities with industry-leading practices, and increase the cost-efficiency of cyber functions without sacrificing outcomes
  • Know how to detect and respond to breaches and security incidents to enable a safe and secured user experience
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MEET THE AUTHORS

Kevin Heckel Deloitte Risk & Financial Advisory
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Kevin is the Deloitte US Cyber Application Leader with Deloitte & Touche/Deloitte Risk & Financial Advisory organization more than 25 years experience in cyber, application security, risk management, business process controls, information technology controls design & implementation and assessments of policies and procedures. In addition to developing/configuring secure and compliant solutions, Deloitte's Cyber Application practice brings the strength of Deloitte comprehensive Cyber practice to include cloud, data protection, scanning, identity and more to offer holistic and

Tyler Lewis Deloitte Risk & Financial Advisory
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Mr. Lewis has over 17 years of IT experience, 15 of which are in client service providing management consulting services to primarily the Consumer and Industrial Products industry, specifically within the Consumer Products and Retail sectors. Tyler is focused on business insight and value, delivered hand in hand with technology. Over the course of his career, Tyler has been involved in numerous SAP and component implementations, business transformations, outsourced provider contract negotiations, and cyber risk projects. Tyler is recognized globally for his Governance, Risk, and Compliance (GRC) knowledge and experience, and he is currently active in a number of innovation teams, including Deloitte’s Safe Food program and Internet of Things (IoT) for Consumer Products. Mr. Lewis is responsible for managing Deloitte’s national SAP GRC center of excellence as well as portions of Deloitte’s alliance with SAP.

2021 CIO Perspectives: Strategic Business Priorities and the SAP Agenda

Enterprise CIOs are leading their companies through pandemic-era business disruptions on multiple fronts today. New technology initiatives are being accelerated by urgent business needs for greater IT resiliency and flexibility to respond swiftly to supply chain challenges, emerging customer demands, and a volatile market. This SAPinsider Executive Research report takes the pulse of CIOs and IT leaders from organizations across the globe in order to assess their top priorities in 2021 and their plans for investments in key technologies such as SAP S/4HANA, artificial intelligence/machine learning, and adoption of cloud technology. This report also analyzes the strategies, tactics, and technologies they are employing to meet those priorities as well as the approach they are taking to manage their most critical staff resources and project teams as they navigate the COVID-19 era.

In this report, you will learn:

  • How CIOs are leveraging or planning to use cloud technology to meet rapidly changing business demands and to deliver a more resilient IT infrastructure for their organization
  • How top executives are navigating the “new normal” of a distributed workforce and how they are balancing the demands for increased productivity with the complexities of remote work
  • How the current global business climate is impacting each organization’s SAP budgets and spending, the staffing of their SAP-related teams, and their investments in transformative projects like SAP S/4HANA migrations and implementations
  • How technology executives are responding to global business disruptions and in which business processes they are investing time and resources to help navigate unprecedented market volatility

 

Download the report now!


The CFO guide to SAP S/4HANA® and Central Finance

For many CFOs, deciding when and how to implement SAP S/4HANA could be the most significant technology investment choices of their career. It’s a big deal. SAP HANA® is SAP’s brand of in-memory computing, a technology that handles massive data sets without breaking a sweat. SAP® built its latest next-generation intelligent ERP (SAP S/4HANA) around this technology.



SAP S/4HANA-driven profitability insights

Multiple aging ERPs severely hampered a global automotive OEM’s ability to react to the market. After teaming up with Deloitte, and, after replicating various systems in SAP S/4HANA, the company has insightful, accurate reporting in real-time, and at any level of the organization.