Why SAP S/4HANA Migration Fails Finance
Don't Move Without a Plan!
As a finance leader, are you wondering how your organization can transition from SAP ECC to SAP S/4HANA platform smoothly? Do you want to take advantage of this transition to modernize and optimize your payment transactions, invoice reconciliations, accounts payable, and other financial processes at the same time?
Start making a plan to get your financial processes ready for S/4HANA now!
What Does Finance Need to Know About SAP S/4HANA?
Every SAP S/4HANA transition project is different. What does finance need to know to make the move? Do you want to jettison old, on-premise solutions for more flexible cloud solutions? Do you want to eliminate existing customizations and standardize your finance processes globally?
Discover the pros and cons of each S/4HANA transition path and what finance needs to know to ensure success in our short video.
What Does a Successful S/4HANA Transition Look Like?
The Hilti journey to SAP S/4HANA illustrates how excellent preparation can lead to a successful transition. The company wanted an SAP-certified solution to enhance its business-critical bank statement process and keep customer payments flowing without disruption throughout the transition. It implemented FS² AutoBank to help it ensure that cash could keep flowing into the organization before, during and after the move to HANA.
Explore the lessons Hilti learned as it planned for, implemented and began using its S/4HANA-ready finance processes in conjunction with a complete transition to the new HANA platform in our on-demand webinar.
The move to SAP S/4HANA is an ideal opportunity to automate financial processes
Identifying the right solutions and skillsets you need to implement S/4HANA in the next few years is essential
41%
of leaders show greater prioritization of SAP S/4HANA as a key financial automation technology, relative to 27% of intelligent automation laggards
37%
Leading organizations are prioritizing the action to leverage financial automation capabilities within SAP S/4HANA
31%
See the move to SAP S/4HANA provide opportunity for automating finance processes as the top driver of automation in finance
Do it right!
Want to Capture Invoices Digitally & Increase Straight Through Processing ?
Our AP automation solution works seamless with SAP S/4HANA to enable the digital capture and automated processing and approval of your vendor invoices. It is fully embedded within SAP, so you can deploy it now and take it with you to S/4HANA. Learn more about our solution, which was recently named as a ‘Representative Vendor’ in the Gartner Market Guide for Accounts Payable Invoice Automation Solutions 2021.
Dealing with Too much Unapplied Cash at the End of the day?
Transform your customer payment reconciliation with our SAP-embedded and S/4HANA-ready solution that migrates with you when you are ready to move. Achieve AR automation rates as high as 99% and enjoy AI-powered matching capabilities that can handle all payment formats such as lockbox data, bank statements, intraday statements, remittance advice, PSP settlement files, and more. Explore our solution that provides a comprehensive overview of your cash so you can go that extra mile!
Want to Improve Access to Supporting Finance Information - Cost Effectively?
Don’t waste time and money moving supporting documents such as orders, invoices, or receipts into S/4HANA. Our SAP-certified data and document management solutions make it easy to archive and store this information in a cost-effective cloud repository where users can access it directly from within SAP S/4HANA applications. Take advantage of best practices in SAP systems to simplify access to information in S/4HANA by exploring our data and document management solutions.
Looking to Reduce Your Exposure to Customer Credit Risk?
Improve your risk control with our SAP S/4HANA-certified solution for credit and risk management. Automate the entire process from customer onboarding to risk monitoring. All customer-related data is centrally accessible and visible in real-time for an accurate, 360° view that enables you to automatically determine your risk potential and protect your business from customer-related risk, excessive DSO, and potential payment defaults.
Need to Resolve Disputes Quickly and Collect your Cash?
Optimize and automate your collections and dispute management process with our SAP-embedded and S/4HANA-certified solution. Quickly apply pre-defined and best-practice collection measures to individual cases and automate up to 85% of collections activities. Asses your receivables portfolio with our AI Collections scoring to prioritize your collection activities with our solution that can take your collections to the next level within SAP S/4HANA.
Want to Manage Payments Centrally to Improve Controls and Automate?
Certified for SAP S/4HANA, our payments solution is the most effective tool for managing payments centrally within your SAP environment. Ensure maximum transparency and company-wide security with a solution that enables flexible configuration and consistent approval workflows. Keep information secure with encryption, payments controls, and automated fraud checks for every payment transaction with our fully SAP-embedded payments solution.
What Serrala Offers
Fully SAP embedded
- Our financial automation solutions are 100% SAP-embedded and certified for the integration with SAP S/4HANA. Enhance your finance processes with our solutions today and simply take them with you to the new S/4HANA environment once you are ready. It’s easy!
More flexibility
- Make our solutions work for you. Flexibly configure and adapt settings without the need for IT support to achieve the best possible results for your finance team.
Central transparency
- Improve visibility and control of your financial data. Consolidate all your data – from SAP and other systems – in a central hub giving you maximum clarity across systems.
Continuous innovation
- Keep innovating with truly digitized finance solutions that enable you to stay ahead of the competition with capabilities such as automated PSP reconciliation, digitized requests to pay, fast payments, connectivity as a service, AI Match, and cloud services.
Lower costs
- Achieve up to 99% process automation, reduce system complexity, and enhance processing without IT support – our SAP-embedded solutions save you both time and cost.
Global best practices
- Our solutions support global best practices for finance and provide complete transparency and control over your global cash flows. Our solutions can scale effortlessly to support your business as it expands into other countries, markets, and business models.