As the scope and impact of today’s enterprise financial operations continues to become more complex, global companies are turning to SAP HANA to simplify processes and seize strategic opportunities. Below, we’ve highlighted how this sophisticated software solution can serve the needs of CFOs and finance professionals.
Gain a Single Perspective on Financial and Operational Data
Financial operations can become cumbersome when data comes from disparate sources and delivers multiple versions of truth. SAP HANA integrates these data sources into a single platform to enable finance professionals to direct their focus to one comprehensive stream of data. In practice, that minimizes the overall management burden while making it possible to glean deeper and more relevant insights faster.
Analyze Competing Business Options
The evolving field of business intelligence (BI) has empowered businesses to make strategic decisions based on actual metrics and hard data. SAP HANA has long been at the forefront of this revolution, and the latest offering only enhances the available analytic capabilities. CFOs can rely on this solution to quickly and reliably evaluate the benefits and hazards of competing decisions. That ultimately leads to a more refined business strategy and serves the fundamental mission of the CFO.
Utilize Multiple Deployment Options
The inflexibility of many finance software solutions minimizes their utility. That is not an issue with SAP HANA because the solution can be deployed on premises, or in hybrid and cloud configurations. That makes IT management easier, lowers the cost of the solution, and enhances its mobile capabilities. When finance and management teams need features and data that travel with them anywhere and adapt to changing circumstances, the ingrained agility of SAP HANA proves to be a tremendous asset.
Simplified financial operations can result in exciting opportunities for innovation. If your company is in the process of streamlining operations, contact us to learn more about how our services and expert consultants can help your IT initiatives.