Many growing small businesses and midsize companies get to a point when their current finance and accounting solution holds them back. Their system doesn’t scale, growth is hindered and profits suffer. Nick Lyons, Director of Enterprise Applications, and Jeremy Fuchs, Chief Technology Officer of Broad Green Pictures, faced that dilemma at their fast-growing movie studio.
Moving Away From QuickBooks
Lyons and Fuchs told their story at the 2016 SAP SapphireNow + ASUG Annual Conference. The studio wanted to move away from QuickBooks. They chose S/4 Hana Finance Business Management Software to be their on-premise resource planning solution. Their reasoning for the transition was to develop an accounting and finance solution that could scale as the company grew yet remain cost-effective.
SAP S/4 HANA Finance is a cloud ERP business suite that helps you run simple in today’s hyper-connected digital economy. It can be used on premise or deployed from the cloud. You can keep track of every transaction and report and build business plans in real time. With an intuitive user interface, the system is extremely fast and accurate.
Global SAP Partner
Implementation was completed by Capgemini, a global SAP partner with clients around the world. The firm has almost 18,000 employees and provides a wide range of services, including infrastructure, licensing, implementation and application management. Their OnePath process bundles their configuration and implementation services with the SAP license.
The system for Broad Green Pictures includes custom management of cash flow and title-based P&L, third party rights integration, HANA Live and indirect procurement. Sub-modules for SMBs include general ledger, cost center accounting and internal order accounting. According to Lyons, “We’ve had 100 percent adoption of our purchasing app. People who are completely non techies have no problems running it. They don’t have to have any experience with SAP.”
Growing in the Digital Economy
Growing a business in the digital economy isn’t easy. But more than 250,000 small and mid-size companies like yours are making it easier by running SAP. SAP S/4HANA is a reimagined business suite that delivers remarkable value across key business areas.
Get the complete picture of how Broad Green Pictures used SAP S/4 HANA Finance to cost effectively streamline operations and allow for future growth. You can view the presentation video here.