Lessons for Driving Business Transformation with Intelligent Finance

Although the 2020 SAP Central Finance Live conference differed from past years, the TA Cook led virtual event was packed with intel on how SAP Central Finance can help organizations drive business transformation with intelligent finance. It felt especially timely to focus on solutions that enable businesses to be agile, allowing them to stay ahead of the curve during times of change.

Magnitude presented two live sessions (both available on demand). The first – led by Magnitude Process Runner GLSU (formerly Z Option) customer – Newell Brands, catered to finance users looking to close the books faster and more efficiently. The second session led by SAP’s Central Finance solution owner – Carsten Hilker, covered the otherwise-complicated integration of third-party data into SAP Central Finance.

Key Session Highlights

Learn How Newell Brands Improves the Business User Experience by Gaining Efficiency in their Finance Processes

Laura Petrie, Newell Brands | Tim Curtin, Process Runner

Newell Brands’ Laura Petrie joined Tim Curtin to share why her team decided to leave their custom program behind and switch to Process Runner GLSU. She also outlined her favorite features, applauding the fact that “GLSU’s validation feature provides users with errors prior to posting, which takes the burden of error resolution off of IT.”

Watch the on-demand replay to:

  • Learn how to improve the business user experience resulting in increased efficiency and productivity
  • Leverage existing skills with a productivity tool owned by the finance department, eliminating extensive training
  • Gain access to new ideas to streamline the financial close process and relieve stress from the finance team

How to Address 3rd Party Data Requirements in your SAP Central Finance Deployment

John Hume, Magnitude | Doug Corpuel, Magnitude | Carsten Hilker, SAP

In this session, Magnitude speakers shared recommendations for a speedy and successful central finance deployment. Specifically, John Hume offered his tips for overcoming the common challenges encountered when integrating transactional financial data from both SAP and third-party ERP sources, noting that, “Now you have a couple of solution extensions to solve this complexity in a very graceful manner.”

Watch the on-demand replay to:

  • Understand the business benefits that SAP S/4HANA Central Finance can bring to your organization
  • Examine the complexities of building a solution for Central Finance and get expert advice for enabling agile, intelligent finance operations
  • Explore the benefits of enabling intelligent data integration for Central Finance to improve efficiency and effectiveness

Looking to get more involved in the SAP Central Finance community? Join the dedicated LinkedIn group to join the conversation.

Learn more about Magnitude’s financial solutions for SAP-run businesses here or visit our Central Finance resource library for more advice and solution insight.