Why SAP?
Accenture Professional Services | Ireland RISE with SAP S/4HANA Cloud Private Edition
• RISE with SAP S/4HANA® Cloud Private Edition and the SAP® Analytics Cloud solution, enabling the process automation and simplification needed to help manage growth • Scalability to address business demands from offices and operations in more than 200 cities across 49 countries • Ability to expand and optimize solutions for future business needs
20% More cash freed up versus previously required operational liquidity with the new intelligent cash-flow solution >57,000 Labor hours saved in the first 12 months, using AI-supported financial closing
>90% Accuracy in forecasting cash flow, thanks to the new intelligent cash-flow solution
Simplifying and Improving Processes with Financial and Operational Innovation To manage a trend of continuous growth achieved both organically and through acquisitions, professional services company Accenture needed to improve process analytics and simplify operational analysis. Accenture had a key goal to automate finance operations. Optimizing cash liquidity for any fast-growing enterprise is a challenge. For Accenture, traditional, largely manual, and spreadsheet-based cash reporting and forecasting tools made it even tougher to analyze liquidity and make quality decisions. Likewise, teams verifying and analyzing account balances and processing journal entries during financial close also relied heavily on e-mails and spreadsheets. By embracing an innovative, automated approach, Accenture hoped to enhance process quality, expand user capabilities, and boost controller productivity.
95% Of accounting commentary automated, thanks to AI-supported financial closing
Challenges
• Lack of standardization & automation • Innovation constraints • Lack of system support for strategic initiatives
Outcomes
“A reimagined intelligent enterprise was pivotal to keep pace with Accenture’s growth. By selecting SAP solutions, we were able to make that vision a reality.”
• Improved finance operations • Improved decision-making • Expand business networks and collaborations
Digital Platform Architect Director, Accenture - Michalene Schechter
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