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SAP Simple Finance

the new financial solution from SAP


Joachim Mette
April 2015
What does it mean to simplify?

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Analogy: sending a photograph to someone far away

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Camera Film Darkroom Paper Postal Service Recipient

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Camera Internet Recipient

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SAP Simple Finance
The worlds leading Finance solutions reinvented

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Simple Data
Model
Abolishment of pre-defined aggregates
Less Locking
Significantly reduced memory consumption
Non-disruptive
Higher flexibility in reporting
Drill-down to line item level
All relevant dimensions
Customer-specific dimensions

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Simple Data
Model
Global financial solution on a modern in-memory
platform
Harmonized internal and external reporting
(Universal Journal)
Account driven data model
Significantly reduced reconciliation effort

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Simple
Applications &
Processes
Elimination of multiple reconciliation tasks due to the
Instant Insight universal journal
Secondary cost elements are now G/L accounts
Intercompany Reconciliation on the Fly
Real-time profitability by earlier derivation of market
segment
Correct asset acquisition values at any time - now also
for valuation areas with special items

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Simple
Applications &
Processes
Significant speed-up of asset depreciation run
Instant Insight
Appendix Ledger concept, e.g. management views on
top of legal data
Financial Planning and Analysis
Treasury and Financial Risk Management: Liquidity
Planning, Bank Account Management, Exposure Hub
OLTP and OLAP together

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Intuitive User
Experience
Personalized user experience with instant access
to any financial insight on any device
Role-based to get the job done the way finance
users work
Instant access anywhere with drill-down to lowest
detail

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Simple
Deployment
Simpler IT with choice of deployment on-premise,
cloud, or hybrid
Flexibly choose your own non-disruptive
evolutionary path towards real time

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SAP Business SAP Simple
SAP Business
Warehouse Finance
SAP HANA Suite powered
powered powered
by SAP HANA
by SAP HANA by SAP HANA

In-memory Real-time analysis Real-time business Instant financial insight


platform Real-time reporting OLAP and OLTP together No aggregates
Simplified data model
SAP HANA Enterprise Single source of truth
Cloud for SAP Business New user experience
Suite on SAP HANA Advanced processing
Choice of deployment

2011 2012 2013 2014 2015

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Demo

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Your Journey to Simple Finance

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Journey Map for SAP Simple Finance:
5 Experience simplefinance.sapjourneymap.com

For customers already using SAP Finance,


4 Deploy Simple Finance is delivered as an add-on to
ECC 6.0 Enhancement Pack 7

SAP HANA migration and Simple Finance


3 Try installation can be done together

Minimal disruption: logic stays the same


2 Identify while the physical architecture is different
Existing reports, processes, and
customizations run via views
Interfaces for other apps remain the same
1 Explore Migrate any time within reporting period

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Zurich wanted to be one of the first Our first experience with SAP Simple Sanofi has been collaborating with SAP on
customers to evaluate the financials Finance, powered by SAP HANA, has the next-generation finance solutions, and
innovation delivered with SAP HANA. proven to be the right solution to drive our we have significant experience with SAP
Deployed as a simple add-on for SAP key financial processes and reporting in HANA as we use it within our own financial
Business Suite powered by SAP HANA, we real time. Our finance users were really systems. The role of the CFO and the
are really impressed by the results in terms impressed by the ability to perform reporting CFOs team continues to evolve, and this
of the performance, simplification, and and analytics on item levels. Reconciliations new wave of innovation will allow finance
agility it could bring to our finance of costs and financial accounting can now professionals to access information in new
community. be done at any time. Im fully confident this ways, enabled by the speed and power of
is the way forward to run finance at DSB. SAP HANA. This will help to drive ongoing
Wilco Boosman, finance transformation as we see it at
Director, SAP Convergence Ken Kastrup Nielsen, Sanofi.
Zurich Insurance Group IT Finance Specialist
DSB (Danish State Railways) Jan Waals,
Principal and Global SAP Practice Leader
Sanofi Consulting LLP

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Our students live in a technological era, As a leader in high security technology, The financials add-on for SAP Business
and we must provide a consistent innovation is critical for us, which includes Suite powered by SAP HANA was deployed
environment so that their learning life and implementing our internal processes, such as in less than two months without any
their social life can seamlessly blend. Our finance, on the latest technology platform. SAP, disruption to our business. We now have
teaching staff and researchers must also with its SAP HANA technology, is definitely one common platform for both regulatory
have administrative overhead lifted from ahead of the competition with its database and managerial accounting as well as on-
them so they can concentrate on their core technology and speed. We have run SAP the-fly financial processes. This innovation
activities. As an example, with SAP Simple ERP since 2002, and will now change our will help us deliver stronger financial
Finance, our finance organization will be platform to SAP HANA, to enable us to take leadership through better advice on strategic
able to focus on the most essential tasks advantage of SAPs continuing innovations and operational plans
and get the job done in real time. such as SAP Simple Finance, to meet our that impact the business performance and
John Dewar, goal of being a technology leader both in our effectiveness of SAP.
President & Vice Chancellor own business, as well as in our internal Luka Mucic
La Trobe University (Australia) support processes. Chief Financial Officer, SAP SE
Christian Helfrich
CFO, Bundesdruckerei (Germany)

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11. S/4 HANA is a new suite built to take full advantage of SAP HANA

22. SAP Simple Finance is the first Exchange Innovation in SAP S/4HANA

33. Simplified data model + simplified UX = value for IT and Finance both

44. The value in reducing redundancy is really flexibility

55. S/4HANA Foundation License promotion through October 2015

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SAP Simple Finance
www.sap.com/simple-finance

Journey Maps
SAP Simple Finance simplefinance.sapjourneymap.com
SAP Business Suite on HANA soh.sapjourneymap.com
SAP HANA Enterprise Cloud hec.sapjourneymap.com

Line of Business for Finance


www.sap.com/financialsexcellence

Charles succeeds with SAP Simple Finance


https://www.youtube.com/watch?v=dXk_03PiBw0

SAP CFO and Finance Leadership Center


http://www.sap.com/ms/2014-06-cfo-finance-leadership-center.html

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Thank you

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