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SAP Finance

Harnessing SAP® technologies for today’s CFO

March 1, 2022
1-MINUTE READ

In brief

  • This paper focuses on the role that SAP® technologies can play in transforming the finance function.
  • CFOs are architects of business value. They should be forming personal connections throughout the function and the business.
  • CFOs are catalysts of business strategy. They are now well positioned to steer their organizations’ digital journey.
  • CFOs are economic guardians of their companies. SAP can offer CFOs the opportunity to develop a new, digital core within SAP S/4HANA® Cloud.

CFOs are charged with managing continuous innovation and experimentation across a range of different technologies—and doing it at scale. SAP customers are increasingly taking innovation beyond ideas and putting it into action through experimentation and quick wins. More importantly, they’re creating value by building scalable, measurable and relevant solutions to everyday business problems. What’s needed is a bias for action—now. CFOs and other finance leaders who unlock this type of speed can drive both topline growth and bottom-line profitability.

"With the pace of change only increasing, speed in responding and adapting to business change now becomes a key business differentiator."

— Luka Mucic, Member of the Executive Board and Chief Financial Officer (CFO), SAP SE

72%

have the final say on the appropriate technology strategy of their enterprise.

60%

of traditional finance tasks are now automated, up from 34% in 2018.

86%

of CFOs have increased the frequency and scope of collaboration across the C-suite.

Constantin Holzner

Lead – SAP Finance Transformation

Todd Rebella

MANAGING DIRECTOR – CFO ENTERPRISE VALUE

Related capabilities

Intelligent finance with SAP technologies

Unleash the next-generation intelligent finance function with SAP solutions.

SAP S/4HANA

Enterprise transformation with SAP.

CFO & EV

Helping CFOs improve the performance of finance activites by using innovative digital tools to create more value.
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