S/4HANA Simple Finance - The C-Level Pleaser - UK Edition
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In this webinar, we will take a look at S/4HANA Simple Finance and extrapolate the C-Level value. My goal is for all of you to understand Simple Finance’s incredible C-Level business value. We cover S/4HANA, Simple Finance, the C-Level business value and much more!
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S/4HANA Simple Finance - The C-Level Pleaser - UK Edition
- 1. © Panaya | An Infosys company PANAYA S/4HANA Simple Finance - The C-Level Pleaser S/4HANA Webinar Series - UK Edition December 2015 PANAYA WEBINAR
- 2. © Panaya | An Infosys company PANAYA2 Today’s Speakers Ofira Shafir Your Moderator Panaya Don Behrman Customer Education Manager Panaya PANAYA WEBINAR
- 3. © Panaya | An Infosys company PANAYA3 HousekeepingPANAYA WEBINAR All phone lines have been muted Please use the Question Panel There will be 3 short polls during the webinar We are recording this webinar Polls results and recording will be provided in a follow-up email as well as any questions we don’t have time to answer
- 4. © Panaya | An Infosys company PANAYA PANAYA POLL 1/3 PANAYA
- 5. © Panaya | An Infosys company PANAYA Meet S/4HANA Simple Finance 101 C-Level Business Value About Panaya 5 AgendaPANAYA WEBINAR
- 6. © Panaya | An Infosys company PANAYA6 SAP Business Suite 4 SAP HANA | Built on HANA | Native Fiori UX S 4HANA
- 7. © Panaya | An Infosys company PANAYA7 Non-disruptive adoption Single Source of Truth Flexibility Instant Insight User Experience 1 2 3 4 5 5 Pillars of S/4HANA Simple Finance
- 8. © Panaya | An Infosys company PANAYA8 The C-Level Benefits of Fiori Fiori is the “air that Simple Finance breathes.” It leads to increased productivity.
- 9. © Panaya | An Infosys company PANAYA9 The C-Level Challenges of Modern Finance CIO VP Finance VP Sales VP Supply Chain
- 10. © Panaya | An Infosys company PANAYA10 S/4HANA Simple Finance in Action Mid, large and mega caps should take a close look at Simple Finance. Simple Finance is a valuable, game-changing tool for the CIO’s C-Level colleagues. CIO Benefits
- 11. © Panaya | An Infosys company PANAYA11 Until now, when financial executives looked at performance vs forecasted models, they were looking into the past. Simple Finance gives them an “up to the second” view. S/4HANA Simple Finance in Action VP Finance Benefits
- 12. © Panaya | An Infosys company PANAYA12 By knowing your customers current behavior, you will know how to better target your prospects VP Sales Benefits S/4HANA Simple Finance in Action
- 13. © Panaya | An Infosys company PANAYA13 Know what is coming in and out of your company in real-time Accurately forecast future sales Engage in smart purchasing and supply chain negotiating VP Supply Chain Benefits S/4HANA Simple Finance in Action
- 14. © Panaya | An Infosys company PANAYA14 With Simple Finance, CEO’s will no longer be looking into the past in order to prepare for the future. They will be looking into the present to plan for the future. CEO Benefits S/4HANA Simple Finance in Action
- 15. © Panaya | An Infosys company PANAYA PANAYA POLL 2/3 PANAYA
- 16. © Panaya | An Infosys company PANAYA16 Enhancement Pack 7 Database migration to SAP HANA S/4HANA Requirements PANAYA
- 17. © Panaya | An Infosys company PANAYA17 PANAYA According to the SAP UK User Group, Newcastle University is taking its first steps to move from Oracle to SAP. Their first step is a move to HANA. Did you know?
- 18. © Panaya | An Infosys company PANAYA18 SAP's UK & Ireland Managing Director, Cormac Watters: “HANA is the core of that whole digital framework, so it is really big. It’s the hub, the centre, the core."
- 19. © Panaya | An Infosys company PANAYA19 ERP systems attuned to best practices and market needs Fast and simple changes Agile ERP for new services ERP ‘catch-up’ process is risky, cumbersome and expensive Complex, error prone changes Changes measured in months not weeks Delivering on the ERP Promise (?...) The ERP Promise The ERP Reality
- 20. © Panaya | An Infosys company PANAYA20 The Challenge: ERP Change Risks
- 21. © Panaya | An Infosys company PANAYA21 The Solution: Panaya CloudQualityTM
- 22. © Panaya | An Infosys company PANAYA22 ‘Vanilla’ Versions & Updates (Eg. Support Packs, Patches…) Customer Specific ERP (Development + QA + Production) Customer Rules Code Box Test Box ‘Vanilla’ Rules Panaya CloudQuality: Optimized Scope, Accelerated Test Scripts ERP Change Simulation Query? My next EHP, Rollout, Functional Release, Patch… Panaya CloudQualityTM: How it works
- 23. © Panaya | An Infosys company PANAYA23 Listen to What the Man Said “Eighty to ninety percent of our potential problems were taken care of by Panaya” Mercedes-Benz “Aibel has standardized on Panaya CloudQuality Suite™” Aibel “Panaya took Eaton from manual testing to the achievable reality of attended automated testing” Eaton “Thanks to Panaya, we all of a sudden have the visibility of what we need to test” Embry-Riddle Aeronautical University PANAYA
- 24. © Panaya | An Infosys company PANAYA24 "Panaya helped us turn a 6 month project into 2.5 months" "We ended up using only two outsourced developers and for four weeks only. So we saved around 73% of what was originally budgeted for ABAP development." The Bottom Line “We estimate a 30% savings in total testing time thanks to Panaya Test Center” "The testing integration was seamless and we estimated about 50% time savings in documentation“ Robert Waterhouse Inchcape's Business System Manager Wagner Canto IS Project Manager at ABB Brazil Rami Rimartchok CBC Group’s Director of Applications and Development Carlos Gomez SAP Manager of Royal Resorts
- 25. © Panaya | An Infosys company PANAYA PANAYA POLL 3/3 PANAYA
- 26. © Panaya | An Infosys company PANAYA26 Q&A
- 27. © Panaya | An Infosys company PANAYA27 USA Germany Israel Japan Australia
Editor's Notes
- Welcome to the second edition of our S/4HANA Webinar Series – Simple Finance – The C-Level Pleaser.
- Are you planning on upgrading to S/4HANA in 2015? Yes Considering it No We will wait a few moments allow everyone to answer the question … Thank you
- In this webinar, we will take a look at S/4HANA Simple Finance and extrapolate the C-Level value. My goal is for all of you to understand Simple Finance’s incredible C-Level business value. We will also have a live Q&A session – so prepare your questions!
- Before we dive into Simple Finance and the C-Level benefits, let’s talk a bit about S/4HANA. S/4HANA stands for SAP Business Suite 4 SAP HANA. Why 4? Because S/4HANA is build on the HANA in-memory database platform. SAP announced the release of S/4HANA on February 3 at the New York Stock Exchange. SAP CEO Bill McDermott is quoted as saying, “When Hasso Plattner invented SAP HANA, we knew the day would come for SAP Business Suite to be reinvented for the digital age. At a moment when businesses around the world need to enter new markets and engage with their consumers in any channel, there’s now an innovation platform designed to drive their growth. This is an historic day and we believe it marks the beginning of the end for the 20th century IT stack and all the complexity that came with it.”
- Let’s take a look at the 5 pillars of S/4HANA Simple Finance. We begin with #1, non-disruptive adoption. SAP promises a seamless adoption of Simple Finance. We continue with #2, a Single Source of Truth. This is key – all data is available without the need for reconciliation. More on this huge feature and its benefits later. #3, flexibility – because all data is based on a single source of truth, Simple Finance allows all data to be analyzed and aggregated according to your ever-changing business requirements. Instant Insight, #4, enables you to explore financial data at any point in time and at all levels of granularity. #5 is a modern user experience that allows employees to feel at home while at work. All 5 of these pillars are wrapped around an intuitive, roll-based user experience. You may know this as Fiori. In S/4HANA Simple Finance, Fiori is no longer an add-on – it IS the UX.
- Fiori is the “air that Simple Finance breathes. As you all know, Fiori is SAP’s enhanced UI. At Sapphire 2014, SAP announced that Fiori was free. In S/4HANA, Fiori is built-in. In other words, Fiori IS the user interface of S/4HANA. From a technical perspective, with S/4HANA, Fiori becomes a transparent, integral part of your ERP. In mobile talk, it’s like taking the best Android skin and turning it into your default interface. The days of the clunky SAP interface are over. Starting with S/4HANA, to the user, Fiori is a transparent feature. The bottom line for the C-level? Increased productivity.
- How will Simple Finance impact the VP Finance, Sales, Supply Chain and the CEO? Remember the days of the huge spreadsheets that CPAs used until the 1990s? You thought those were a headache. Think again. Today’s financial world makes the past look like a piece of cake. Modern Finance is an uncontrolled explosion of big data. You are expected to monitor new technologies and on top of that, know everything at any given time. Oh, and your millennial generation work force loves to bring in their own devices to work, and they don’t want your opinion. You need to support global growth initiatives while reducing the cost of finance. How can you possibly do all of this? S/4HANA Simple Finance may be the answer.
- Let’s start with the CIO. In the past CIOs ran the IT ecosystem Tomorrow, CIOs will be the bridge between business and IT. Until recently, CIOs delivered hardware to the business. Today, they need to deliver services with ROI calculators attached! CIOs need to always be on the hunt for new business models. In other words, the successful CIO is the CIO who creates his or her company’s moat – the competitive edge. What are the latest cutting edge SaaS ecosystems that will propel your business ahead of the pack? What are the automation tools that enable your IT team to focus on the big picture and not on the drudgery of busy work? Simple Finance’s real-time data answers this question. Mid, large and mega caps should take a close look at Simple Finance. The 3 to 6 month implementation will be water under the bridge when you set your business in pole position. S/4HANA Simple Finance is a deliverable that will directly benefit your C-Level colleagues.
- We continue with the VP Finance, a creature of numbers who craves up-to-date information. Simple Finance provides your VP Finance access to instant analysis across all areas of your business. Simple Finance allows you the VP Finance to pinpoint your exact financial situation in an instant. Until now, when financial executives looked at performance vs forecasted models, they were looking into the past. Simple Finance gives them an “up to the second” view. For your accountants and administrative staff, the days of overtime for closing the books are over. This is a cost saver that is a win-win for your business and employees.
- Simple Finance gives your VP Sales a complete view of your customers and the compete story behind the numbers – presenting historical and predictive analysis. By knowing your customers current behaviors, you will know how to better target your prospects. As with the VP Finance benefits, your VP Sales is no longer looking into the past – he or she is looking into the present! When you look into your prospects, you will have better information than your competitors. I call this “Better sales hunting.”
- Your VP Supply Chain – also known as VP Procurement – will know exactly what is coming in and out of your company in real-time, thanks to Simple Finance. You have a lot of institutional knowledge, but now you will be able to apply your learning to immediate affect. With Simple Finance, you will be able to accurately forecast future sales, engage in smart purchasing and supply chain negotiating. Put over-ordering in the past!
- The CEO is the biggest winner from S/4HANA Simple Finance. The CEO depends on his or her vice presidents much like a country’s prime minister or president depends on his or her cabinet. With Simple Finance, the CEO can rely on what I call a “Real-Time Enabled Cabinet”. The VP Supply Chain will come to board meetings with up to the minute reports on company costs. The VP Sales will be capable of pleasing the board – and investors – with accurate sales projections. The VP Finance will be able to report on the company’s current status – at any given time. With Simple Finance, CEO’s will no longer be looking into the past in order to prepare for the future. They will be looking into the present to plan for the future.
- Are you planning an EHP7 upgrade or HANA migration in 2015? Yes, EHP7 Yes, HANA Yes, EHP7 and HANA None of the above
- There are two main requirements to make the move to S/4HANA – EHP7 and migrating your database to HANA. These are two projects that should be on your plate for 2015.
- Let’s look at what customers are facing: What were the ERP vendor promises, and what the reality really looks like: The first vendor promise was that by choosing them, you were buying a system which was attuned to best practices and market needs. The reality is that the customers have to play an endless game of ‘catch-up’ with ERP releases. The change process is risky, cumbersome and expensive. Therefore, customers are either left behind or left on their own to handle very risky projects. The second vendor promise is that you, dear customer, will be able to quickly and very simply, adopt to your business requests by personalized configurations. The reality is that those changes are complex and error prone. Therefore, customers either package multiple changes into major releases which damages their time to market and their ability to be agile as well as introduce additional cost of full regression testing. Or – Customers have to perform never-ending testing which results in a high investment of resources or expensive investments in labor-intensive work and automation tools. The third promise is an Agile ERP system that can easily be integrated into other systems and new services. The reality is that, ERP, as the backbone of other services is itself a bottleneck to all other systems. Therefore, customers who want to adopt new and innovative, fast solutions which will improve their business, are limited to performing changes in long cycles, rather than short cycles.
- As the rate and pressure of change increases dramatically in the past few years, change demands rise constantly from multiple directions: From the Vendor – New functionalities, bug fixes and enhancements. From the Business – Functional releases, customized needs, mergers, acquisitions and consolidations. From regulations and compliance demands. Each of these changes expose customers to many risks: The risk of more complex dependencies where one change may impact other business processes or other systems in other areas. The risk of failures – Post go-live defects or downtimes that cost millions of dollars. The risk of delays – Not being able to deliver on time may cause loss in business as customers are becoming less tolerant and less patient The risk of costs – Not being able to predict the change scope and risk may impose unplanned expenses to the organization. Are these the challenges that you see in your organization? Are there any additional challenges that you would like to add?
- This is what Panaya CloudQuality™ Suite is all about: We enable our customers to be “risk-free and change-ready” 365 days a year. For every change our customers have, they first create an ERP change event in Panaya. Panaya automatically runs the change query, and generates a detailed optimized scoping plan for all fixes and testing. This allows our customers to find the perfect balance between over and under-testing. Over-testing takes too much time and under-testing exposes your organization to unnecessary risks. Once they know what to test, our customers use our CloudQuality Suite to accelerate test runs of their business processes and identify all defects. You can complete your IT & Business test cycles as fast as possible. Customers who accelerate their tests with Panaya meet and beat their deadlines, on-budget and without introducing post go-live critical defects. During each and every change we provide real time reports to monitor and track the progress, identify who is holding up the project, how much work is yet to be done, ensuring that you meet your change project goals, KPIs and regulation reports. On top of this, Panaya provides: Dashboards that help you measure your ERP state and the quality of all of your changes. Reusable assets such as the online test library And the change–decision history tool , which allows you to see exactly what you have done in the past, which transactions you tested, how many defects were found on them and so on. The Assets you gain increase your team’s utilization and efficiency - both for IT and business - with no extra-effort from your side.
- What is so unique about Panaya CloudQuality and how does it work? Let me share with you what is happening under-the-hood: We start with the ERP vendor: Every time the vendor releases a new version, support pack, or patch, we receive a copy and run it through our cloud-based ERP smart learning engine. We come up with 2 types of rules: Scoping rules and testing rules And we create what we call the Vendor ERP Baseline. We continue with our customers: - Each customer has his own unique environment, systems, customizations and business processes. - We need to analyze those as well…so the customer uploads their custom code using our code box and their test scripts using our test box. We analyze the customer specific baseline, assisted by the vendor ERP base line rules that we already have using our smart learning engine. And we come up with a detailed and very accurate plan of customer specific scoping and test rules which are now available FOR ANY NEW CHANGE. And last but not least - Our crowd wisdom engine allows us to continuously update our ERP baseline rules with new patterns that we find so our customers can immediately leverage this in their next projects. This mechanism allows us to continuously learn and improve over time and become more and more precise. This is the core engine of Panaya which is then used for any event. Now, let’s say the customer wants to simulate a potential change We run the change simulation query on the customer ERP base line and get 2 things: the optimized scope - what will break, how to fix it, and what to test The ability to execute the relevant test scripts in accelerated mode in the Panaya CloudQuality suite.
- Don’t just take it from us, take it from our customers!
- In the post-Great Recession economy, nothing matters more than the bottom line. Panaya offers the ultimate ERP agility bottom line.
- Would you like to receive a 1-on-1 demo of Panaya CloudQuality Suite™ Yes No thanks We will wait a few moments allow everyone to answer the question … Thank you. I will now pass the microphone back to my colleague Ofira.
- During our last webinar, someone asked a very good question that I want to go over again: Is there a functionality comparison of ERP EHP7 and S/4HANA? There are quite a few new functionalities in S/4HANA. S/4HANA offers cloud deployment, it replaces the SAP GUI with native Fiori. Since there are no indexes, no aggregates and no redundancies, all results are in real-time. The bottom line is real-time. EHP7 is the key that opens the door to S/4HANA. You need EHP7 in order to upgrade to HANA and S/4HANA. I’m confused. We have SAP Business Suite, SAP Business Suite on HANA and S/4HANA. What is the difference between them – especially SAP on HANA and S/4HANA? SAP Business Suite on HANA is SAP optimized for the HANA database. SAP Business Suite 4 HANA – also known as S/4HANA is the new SAP business suite which runs on HANA with totally new code. It allows you to fully reap the benefits of the HANA in-memory database. Simple Finance is the first module available for S/4HANA. What is the migration path to S/4HANA Simple Finance? The current migration path involves two steps – first from ECC6 to HANA on EHP7, and then to S/4HANA Simple Finance. By the end of the year, SAP will change this to allow a one step migration from ECC6 directly to S/4HANA. Do you recommend that SAP customers move to S/4HANA now, in a year, or later? The first thing I recommend is for you to keep learning about S/4HANA. This isn’t a minor upgrade, it’s a big deal. Keep in mind that you need EHP7 – and even if you don’t plan on upgrading to S/4HANA and want to move your organization to HANA, you’re going to need EHP7. I *do* recommend that every mid and large cap take a good look at EHP7 and plan on doing it in 2015 or 2016 at the latest. EHP7 is already well adopted – EHP7 has already been adopted by about 25% of SAP ERPs. Is it true that S/4HANA is deployed in the cloud? S/4HANA has 3 deployment options. On-premise, cloud and hybrid – which is a mix of both cloud and on-premise. If I had to guess, I would assume that most companies will initially migrate to the on-premise version of S/4HANA. I personally believe that the move to the ERP cloud is going to take a very long time – and for good reasons. Remember Churchill’s famous quote - Democracy is the worst form of government, except for all those other forms. On-premise is the worst way to run your ERP, except for all the other ways!! I recommend researching all migration options, but spend the most time looking into on-premise. Remember – you can start with on-premise and gradually move your ERP to the cloud via the hybrid method. What is the best way to convince my C-Levels to take S/4HANA seriously? Easy – real-time data. Like I said during this webinar, real-time data is the biggest new disruptive technology introduced in S/4HANA.