|
|
> Download Datasheet (PDF)
With all the rich functionality available in mySAP™ ERP Financials, the average
organization is not fully utilizing the capabilities of its financial management
software. Identifying, managing, and understanding the extraordinary amount of
data that drives your FI/CO module can be very challenging.
When properly configured and utilized, mySAP ERP Financials will provide
generous paybacks to your organization by reducing costs, improving
productivity, enhancing customer relations, increasing profits, and
empowering your people with timely and useful information.
Many different factors can impact the effectiveness of your financial
management software relative to its potential:
- Mergers and acquisitions
- Flawed initial implementation
- New SAP options and upgrades
- Improperly trained employees
- Partially implemented functionality
- New company policies designed without process performance in mind
- Limited domain knowledge, skills, and expert resources
Financial system optimization enables companies to extend the ROI of their
existing SAP software. Unlike complex Business Process Reengineering (BPR)
initiatives, which analyze and radically redesign workflow within and between
enterprises, financial system optimization addresses underutilized software
capabilities.
Virtuoso’s Optimization Roadmap Drives Results
Improving financial systems begins with a roadmap of what a business wants its
software to do, what existing software can achieve, and what obstacles stand in
the way (see Figure 1). To optimize your financial systems, you must align your
enterprise software’s capabilities with your company’s needs.
First, examine your financial systems, identify gaps in your
resources, processes, and information, and introduce
improvements to ensure that your system is set up to work in
harmony with your business goals.Then, redefi ne roles and
responsibilities and decide how your fi nancial systems should
support the enterprise. Finally, perform a needs analysis and
extend information access to use your system to its highest
potential.
After completing your optimization project, your team will
understand the capabilities of your fi nancial management
software and how it can be used to reduce costs, improve
effi ciencies, and increase productivity. By better utilizing the
information captured in your fi nancial software, your team will
work more effectively and increase your ROI.
|
