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SAP S/4HANA Finance and Central Finance: State of the Market 2021 Benchmark Webinar

Finance and accounting teams are prioritizing visibility, simplicity, and automation as they solidify their strategies and investments for 2021. While system complexity and data siloes have stifled efficiency and the ability to derive insights for many years, business and IT leaders realize that they can no longer operate competitively and efficiently within the status quo.

To understand how SAP customers are adapting their strategies and technology investments to evolve their finance and accounting organization SAPinsider surveyed 168 members of our community in April and May of 2021.

Our research finds that a majority of companies are focused on reducing complexity and cost as a primary driver of their overall finance and accounting strategy. With this reduction, they are hoping to solve their biggest pain point which is a lack of visibility. Over the past three years of our study, reporting has risen from the third largest pain point to number one.

Attend the benchmark webinar to:

  • Discover what business pressures drive Finance and Central Finance initiatives.
  • Understand how SAPinsiders approach implementing Finance programs.
  • Find out which technologies are being used for Finance and Central Finance.
  • Learn the top requirements for Finance and Central Finance.
  • Gain your steps to success.

 

Attend the Webinar

Opportunities for automation in finance and accounting

Webinar - Monday June 28 at 11 AM EST

The potential outcome of applying automation in finance is significant if you know where to start and how to measure the benefits, which include lowering the cost of finance, greater monetary savings, and more opportunities for finance teams to provide more value to the business. This session will walk you through the opportunities for automation in finance and accounting, including technologies such as machine learning and robotics process automation. Hear about how automation is embedded in solutions to support end-to-end processes, including record to report, order to cash, working capital and liquidity, risk, and predictive planning.  

 Attend this session to: 

  • Discover how automation can create value in various organizational processes and functions. 
  • Understand which processes can be automated and thereby improve key KPIs  
  • Learn how and why end to end processes that include operational automation are the first step in applying artificial intelligence 
  • Prepare for the data and skillsets you need to be successful. 

This session qualifies for one CPE credit in Computer software and applications. This session is intermediate level and requires basic SAP Financial systems knowledge. No advanced preparation required. This session will issue credits as Group Live (presented online due to Covid-19). Additional CPE information can be found here.

Interested in learning more?

Attend our Finance and Automation Summit on July 14. The full agenda can be found here.

By registering for this webinar, you will receive a complementary code to the Finance & Automation Summit.

Use code BIRGITGUEST2021 at checkout for a complementary pass to the event. 

Register for Webinar

MEET THE AUTHORS

Birgit Starmanns Global Head of oCFO COE Thought Leadership Strategy and Programs, SAP
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Birgit Starmanns is the Global Head of oCFO COE Thought Leadership Strategy and Programs in the Global Center of Excellence for Finance and Risk. She also has responsibility for the go-to-market of new finance and risk solutions that leverage new technologies such as machine learning and cloud, and the business benefits they can bring to organizations. Her functional experience is in finance and management accounting, including SAP S/4HANA Finance, as well as core SAP ERP and SAP EPM. Birgit has over 30 years of experience across the Center of Excellence (COE), solution marketing, solution management, strategic customer communities, and management consulting organizations. Prior to SAP, she was a principal in management consulting organizations, including Price Waterhouse and several boutique firms. Birgit holds a BA and MBA from the College of William and Mary.

Join this interactive panel discussion to learn the latest tax trends and their potential impact on your finance and compliance operations We will cover a wide range of topics from the impact of Brexit to the latest ecommerce tax regulations to new laws for tax reporting that you need understand. Bring your key questions and lessons as you:

  • Learn what global regulations and changes that many enterprises are preparing to support
  • Understand how complexity within IT and finance poses challenges for tax calculation and reporting and what you can do about it
  • Find out how you can prepare audit and reporting teams to meet the emerging tax standards



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.

Stephan Ramirez PWC
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Stephan is a Global leader in tax enterprise system tax capabilities and functionality. He works with the largest global companies to simplify and automate global tax and intercompany transfer pricing processes leveraging the latest technology platforms from SAP. Includes shortening financial close cycles, faster monitoring activities to produce real time results and final tax reports, invoicing and draft journal entries.

Chris Reich Thomson Reuters
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Chris is a Director of Product Management and has over 20 years of experience successfully delivering enterprise software applications. Chris is responsible for the vision and roadmap for ONESOURCE Determination. Prior to joining Thomson Reuters in 2015, he was a Senior Product Manager with Intuit. Chris has a BA from Lewis and Clark College and an MBA from the University of Oregon.



Panel | The direction and evolution of access control and identity management

In 2021’s increasingly digital world, organizations will need to remain vigilant. As remote work continues for at least several more months, we can be sure that threat actors will continue to adapt their tactics to capitalize on employees working remotely. Without a clearly defined corporate perimeter, identity will be more important than ever when it comes to protecting data and devices from sophisticated phishing attempts, data breaches, or ransomware. IT teams will be looking to implement even more robust identity and access strategies, from single sign-on to multi-factor authentication to password management and more. Streamlining logins will be more important than ever, along with educating employees to work together to avoid potential risks.

Join this panel discussion for a view of the direction and evolution of access control and identity management. Learn best practices for fortifying your organization in 2021 and beyond to ensure that the right people are accessing the right information.



MEET THE AUTHORS

James Roeske Customer Advisory Group
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James is a renowned GRC and Security speaker, practitioner, and advocate since 1997. James founded firms that became the de facto implementers of SAP GRC, post-acquisition of Virsa Systems by SAP. With 260+ customer consultations, James has developed unique insight on a wide range of customer GRC and Security journeys from assessment to adoption and implementation. James’ 24 years as Auditor, SAP Security, and Compliance practitioner present invaluable insight to clients.

Chris Radkowski SAP
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Chris Radkowski, Senior Director, SAP Solution Management. Chris leads the product strategy and go-to-market for SAP Access Governance, Data Protection and Cybersecurity portfolios. Previously Chris has worked as a product manager at several start ups focused on access management, single sign-on, and network access control. Chris is leading the effort at SAP in key digitization and cloud for access governance and security solutions delivering ideas and market transforming vision for each topic. Outside of SAP, Chris is working on windsurf, kite, and surf hydrofoil designs that have been used to win world championships and recently achieved the world nautical mile speed record at La Palme, France.

Sarma Adithe SAP
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Sarma Adithe is Chief Product Owner for Access Governance responsible for overall SAP Access Control & SAP Cloud Identity Access Governance product development. He has over 25 years of experience out of which 13+ years in Access Controls domain. Sarma’s focus area at SAP is Access Governance, as well as technical expertise in SAP Authorizations, Java, and Mobile. Sarma is directly involved in customer interactions, Co-Innovation, and Customer connect on topics related to Access Governance Solutions



What's New in Access Governance: Implications for identity access management and access control

Most SAP customers have invested significantly in their on-premise landscape, including a high level of compliance and governance thanks to identity access management and governance solutions. But what happens to all of these solutions once you move to the cloud and need to manage access across the landscape all at the same time? In this session you will:

  • Understand the different offerings and options for managing access and identity across on-premise, cloud, and hybrid environments
  • Learn how to make the right solution decisions depending on your requirements
  • Discover how to protect your current investment in access and identity management solutions while preparing for the move to the cloud



MEET THE AUTHORS

Sarma Adithe SAP
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Sarma Adithe is Chief Product Owner for Access Governance responsible for overall SAP Access Control & SAP Cloud Identity Access Governance product development. He has over 25 years of experience out of which 13+ years in Access Controls domain. Sarma’s focus area at SAP is Access Governance, as well as technical expertise in SAP Authorizations, Java, and Mobile. Sarma is directly involved in customer interactions, Co-Innovation, and Customer connect on topics related to Access Governance Solutions

Chris Radkowski SAP
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Chris Radkowski, Senior Director, SAP Solution Management. Chris leads the product strategy and go-to-market for SAP Access Governance, Data Protection and Cybersecurity portfolios. Previously Chris has worked as a product manager at several start ups focused on access management, single sign-on, and network access control. Chris is leading the effort at SAP in key digitization and cloud for access governance and security solutions delivering ideas and market transforming vision for each topic. Outside of SAP, Chris is working on windsurf, kite, and surf hydrofoil designs that have been used to win world championships and recently achieved the world nautical mile speed record at La Palme, France.



What you need to know about SAP S/4HANA Cloud for advanced financial closing

The entity close is a key milestone in every company’s record to report process. Get a detailed overview of SAP’s new Cloud service for close orchestration that can help your company streamline the close for improved efficiency and compliance. Attend this session to:

  • See the solution in action
  • Learn how SAP S/4HANA Cloud for advanced financial closing can be deployed in days – and how companies can benefit from best practice content
  • Understand the future product direction and the SAP strategy for the intelligent financial close



MEET THE AUTHORS

Maximilian Köbler SAP
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Maximilian is working at SAP SE as the Solution Owner for SAP S/4HANA Cloud for Advanced Financial Closing. He has many years of experience in various finance consulting roles across different industries and regions and author of a professional book about SAP S/4HANA Cloud.



The business benefits of SAP Enterprise Threat Detection

Nowadays, not a day goes by without a new data breach being reported in the news. Cyber-attacks often target our IT infrastructure using phishing, smishing, ransomware or malware. The goal is often to disrupt a company’s operations, encrypt databases or block access to carry out extortion.

The average time to contain a security breach is 280 days. Such a long-lasting attack on an SAP S/4HANA Finance application can have even more serious consequences for an organization than an attack on the IT infrastructure if it results in the loss of important data and money and thus violates compliance regulations. In addition, threats to the application environment such as SAP S/4HANA and the IT infrastructure must be equally considered in the risk management of the entire organization.

Enterprise Threat Detection makes suspicious (user) behavior and anomalies in SAP S/4HANA business applications transparent in real time to detect and stop such security breaches in real time.

  • Businesses that had not deployed security automation saw an average total cost of $6.03 million, more than double the average cost of a data breach of $2.45 million for businesses that had fully deployed security automation
  • The time to contain a security breach on average is 280 days
  • Lost business costs $1.52 million accounted for nearly 40% of the average total cost of a data breach

It’s not a question of experiencing a data breach. It’s only a question WHEN!

Join this session to:

  • Understand how you can benefit from SAP Enterprise Threat Detection to protect the intelligent enterprise by identifying, analyzing and neutralizing cyber-attacks on your SAP S/4HANA Finance applications
  • Discover how security incidents are detected and analyzed and how evidence of an attack is collected and secured
  • Learn how to adopt and adapt specific use cases according to your individual application and company policies



MEET THE AUTHORS

Arndt Lingscheid SAP SE
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Arndt Lingscheid has 18 years of SAP experience in Pre-Sales, Product Management, Product Consulting, Secure ABAP programming and secure SAP configuration. He is well versed in SAP NetWeaver, SAP S/4 HANA, SAP Security, SAP Change and Transport Management, ABAP programming and SAP Basis administration



Secure access to cloud applications and services

Modern enterprise solutions in the cloud-based system on a microservices architecture requires not only access protection with strong means of authentication but also the capabilities to protect subsequent app-to-service communication.

Attend this session to:

  • Learn about recent innovations in the SAP Cloud Identity Services for multi-factor authentication based on FIDO2
  • Explore FIDO2 – Fast IDentity Online
  • Get insights into SAP’s current plans for securing system-to-system communication and principal propagation



MEET THE AUTHORS

Marko Sommer SAP SE
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Marko Sommer is product manager for security and identity access management at SAP SE in Walldorf, Germany. He is responsible for the SAP Cloud Identity Services. Before joining the security area he worked for several years as a developer in the SAP Business Suite for industry solutions in healthcare and insurance.



SAP S/4HANA group reporting as part of a modern finance platform

SAP S/4HANA for group reporting is SAP’s strategic consolidation solution. Learn how it not only provides integration with underlying S/4HANA local accounting but also integration with intercompany, planning, analytics and disclosure.  Attend this session to find out more about these integration touchpoints which establish S/4HANA for group reporting as one cornerstone within SAP’s modern finance platform. In addition, this session will include an update on recent functionality. You will

  • Get a detailed recap of SAP’s strategy for consolidation and what it means to you
  • Understand important Integrational aspects of SAP S/4HANA for group reporting
  • Explore the latest features of SAP S/4HANA group reporting and the potential value they bring to your consolidation process



MEET THE AUTHORS

Philip Aliband SAP
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During his thirty-year career at SAP, Philip has held numerous finance-related positions ranging from FI/CO consultant on major European projects, project manager at SAP Shanghai and finance solution expert in SAP’s banking unit. He is currently global solution owner for SAP’s strategic consolidation solution SAP S/4HANA Group Reporting based at SAP HQ in Walldorf, Germany