[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.the-future-of-commerce.com\/2021\/06\/10\/sapphire-now-finance-keynote\/#BlogPosting","mainEntityOfPage":"https:\/\/www.the-future-of-commerce.com\/2021\/06\/10\/sapphire-now-finance-keynote\/","headline":"SAPPHIRE NOW Finance Keynote: After tumultuous year, finance orgs finding forward in cloud","name":"SAPPHIRE NOW Finance Keynote: After tumultuous year, finance orgs finding forward in cloud","description":"After a year of turmoil and great challenges, it\u2019s time for finance organizations to think about the way forward and how to get there.","datePublished":"2021-06-10","dateModified":"2024-07-17","author":{"@type":"Person","@id":"https:\/\/www.the-future-of-commerce.com\/contributor\/ursula-ringham\/#Person","name":"Ursula Ringham","url":"https:\/\/www.the-future-of-commerce.com\/contributor\/ursula-ringham\/","identifier":454,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/48b85ffe9bf7aee0ae216ed08e0bebc6102eb1455504da660666a93d26da19e2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/48b85ffe9bf7aee0ae216ed08e0bebc6102eb1455504da660666a93d26da19e2?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"The Future of Commerce","logo":{"@type":"ImageObject","@id":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2023\/01\/logo-foc-schema-app-1.png","url":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2023\/01\/logo-foc-schema-app-1.png","width":172,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2021\/06\/SAPPHIRE-NOW-Finance-Keynote.jpeg","url":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2021\/06\/SAPPHIRE-NOW-Finance-Keynote.jpeg","height":375,"width":1200},"url":"https:\/\/www.the-future-of-commerce.com\/2021\/06\/10\/sapphire-now-finance-keynote\/","about":["Banking",{"@type":"Thing","@id":"https:\/\/www.the-future-of-commerce.com\/commerce\/","name":"Commerce","sameAs":["https:\/\/en.wikipedia.org\/wiki\/Commerce","http:\/\/www.wikidata.org\/entity\/Q26643"]},{"@type":"Thing","@id":"https:\/\/www.the-future-of-commerce.com\/commerce\/finance\/","name":"Finance","sameAs":["https:\/\/en.wikipedia.org\/wiki\/Finance","http:\/\/www.wikidata.org\/entity\/Q43015"]}],"wordCount":766,"articleBody":"After a year of turmoil and great challenges, it\u2019s time for finance organizations to think about the way forward and how to get there.As many countries slowly wind their economies back up and businesses move from survive to thrive, this is a tremendous opportunity to reshape the way finance works to stay agile, make quicker decisions – and get even closer to customers\u2019 needs.To better understand the role of Finance in smart enterprise I invited industry thought leader Efi Pylarinou and Martin Naraschewski, VP of Finance Solutions at SAP to watch the SAPPHIRE NOW Finance keynote and then join me on a livestream discussion to share their takeaways and perspective. You can watch the discussion here.“Every decision starts or includes Finance.” – Efi PylarinouThis content is hosted by a third party ( twitter.com ).To view the content, either update your cookie preferences or view it in a new browser window.Cookie PreferencesNew WindowWe\u2019ve seen that organizations that digitalized end-to-end business processes had the edge in adapting to the recent crisis through their ability to quickly recalibrate affected operations. Finance leaders, too, are reinventing the way they run their organizations with the aid of digital technologies.As these enterprises engage in financial transformation, they are using innovative solutions to enable everything from protecting data in the cloud to developing new, services-based business models that bring them closer to their customers.“Finance is embedded everywhere. Intelligent organizations are focused on smart financial integrations. ” – Efi Pylarinou“A key challenge for the entire financial services environment is a substantial amount of regulatory reporting. It is important for technology solutions to be able to provide deep analysis quickly.” – Martin Naraschewski, VP of Finance Solutions at SAPTransform your finance organization for resiliency and operational excellence By integrating cloud ERP and financial management solutions from SAP, you can help maintain business continuity and minimize the impact of economic disruption, whatever form it may take.Our comprehensive cloud ERP suite helps you establish consistent leadership across your top, bottom, and green line aided by:Machine learning\u2013enabled processesReal-time, embedded analyticsAutomated groupwide processesReal-time evaluationCapabilities for a wide range of industriesAnd you can shift the focus to automation, processes, and governance by enabling enterprise transformation with finance solutions from SAP that offer:Real-time analysisStreamlined financial close processesPlanning, budgeting, and forecasting capabilitiesEnterprise risk managementScalable subscription modelsJoin us for the finance keynote at SAPPHIRE NOWHarness the power of digitalization to access insights and tools that help you respond to any situation in a nimble way.Watch a recording of our SAPPHIRE NOW conference session, \u201cTransform Finance and Risk with a Unified Platform in the Cloud,\u201d from Thursday, June 10.During the keynote, SAP CFO and executive board member Luka Mucic revealed how new technologies empower finance leaders to run their organizations in a strategic way.Inspiring SAP Innovation Award winners who have implemented the latest SAP solutions to disrupt their industries were showcased. And a demo illustrated how SAP Cloud Identity Access Governance software can help you govern access authorizations with greater ease.Meanwhile, SAP partner EY outlined how CFOs can evolve to reframe finance for tomorrow\u2019s challenges.Other highlights of the Americas session include:SAP regional leaders talked about finance organizations\u2019 digital transformation journeys and chatted with photonics components company Excelitas Technologies Corporation about how it uses the SAP S\/4HANA solution for central finance and SAP Solution Extensions to optimize its finance operationsNike Inc. explained how it protects data in the cloud to Christine Diaz, senior director, SAP S\/4HANA finance and risk, center of excellence, North AmericaMelinda van Honschooten, SAP solution architect at Microsoft Corporation, and Heidi Zhao, SAP\u2019s solution owner for SAP Billing and Revenue Innovation Management, explored how organizations can use the solution to help them transition to a services-based modelWhile in EMEA, SAP customer highlights include:SAP experts explored finance organizations\u2019 digital transformation journeys and talked with mobile phone operator Turkcell about how it is using SAP solutions to take groupwide finance to the next levelSAP partner PWC spoke about how its customer Dicerna Pharmaceuticals uses SAP solutions as a foundation for growthPharmaceutical company Sanofi described how SAP solutions help it ensure only the right people have access to processes at the right timeRailway company Deutsche Bahn described its transition to a services-based model with Anne-Christin Ahrens, SAP\u2019s solution management lead for SAP Billing and Revenue Innovation Management  Modern business, meet revenue:\u2013 End-to-end connected data\u2013 Engage quickly with a great CX\u2013 Sell anytime, anywhereGet going TODAY."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"2021","item":"https:\/\/www.the-future-of-commerce.com\/2021\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"06","item":"https:\/\/www.the-future-of-commerce.com\/2021\/\/06\/#breadcrumbitem"},{"@type":"ListItem","position":3,"name":"10","item":"https:\/\/www.the-future-of-commerce.com\/2021\/\/06\/\/10\/#breadcrumbitem"},{"@type":"ListItem","position":4,"name":"SAPPHIRE NOW Finance Keynote: After tumultuous year, finance orgs finding forward in cloud","item":"https:\/\/www.the-future-of-commerce.com\/2021\/06\/10\/sapphire-now-finance-keynote\/#breadcrumbitem"}]}]