Central Finance: Disrupt without being disrupted
Disruption has become quite a buzzword in the marketplace; Embracing it has almost become a winged word for good business practice, entrepreneurship and a culture of change. Not only are most startups these days talking about disruption as a good thing, they are actively trying to be or to become disruptive.
The reason for that is simple: If an innovation is so groundbreaking that it changes the habits of users or even entire groups, it is disruptive. The words innovation or transformation, are beginning to vanish from marketing communication and open up space for an even more powerful word: disruption.
What many young entrepreneurs forget is that the business world has a very different association with that word. Here, disruption it is not positive at all. When disruption happens in one of the critical business processes, it can create huge monetary losses. Sometimes, but not always, the issue can be fixed with a simple patch. But every now and then processes need to be rebuilt, sometimes even re-imagined. But even though in business processes we strive for perfect and undisturbed business continuity, enterprises try to be disruptors themselves and try to deliver innovations that turn out to be game-changers. The question now becomes – how can a business become a disrupter without disrupting itself, without being disrupted? How can a business itself leverage innovations and technology it needs to create ground-breaking tools themselves, without disruption putting a stop to core processes? An enterprise might have outgrown his legacy systems and be held back by it. Another might just need a set of new features for all its processes, but the landscape is so fractured that it becomes unclear how they can make the features available for all the users. How can a modern enterprise deal with it without tearing apart landscapes that it has spent a lot of time and money to set up?
For SAP environments, we have a clear answer to that: The Central Finance Approach. It allows for a smooth and iterative transition to the next-generation software and enables our customers to leverage newest innovations without any disruption to their core finance processes. Take a quick look at this video to see what central finance is capable of.
The question of course is – how can you bring the transformation to life? How can you smoothly integrate your landscape with Central Finance and enable central reporting, process execution, instant harmonization on a next-generation platform without disrupting your core processes? And – equally important for many of our customers – how do you extend the scope of Central Finance to non-SAP parts of the landscape? Our partner Magnitude has a lot to say about how you can get started in their blog series about Magnitude SourceConnect (TM). Take a look at their Blog series to learn more.
With these tools at hand, you have everything that you need to stay innovative or even become a disruptor, but still have your own business running at full steam.
Learn more about the offerings at SAPPHIRE NOW:
Build a Next-Generation Platform for Finance Transformation
[BA59072, Javaid Awan // 6/5, 15:30p.m – 15:50 p.m // Business Applications Topic Area1]
Start your Finance Transformation Journey Without Business Disruption
[BA59073, Carsten Hilker // 6/7, 11:00 a.m. – 11:40 a.m.// Business Applications Topic Area 1]
And don’t forget to meet Magnitude at Booth #247 and ask them yourself about how to get started on your transformation as soon as possible.
If you haven’t registered yet for SAPPHIRE NOW, register now!