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Transform Data Into Information With S/4

Even in the age of digitalization, important decisions are not always based on substantiated data. This is partly because of how much effort was involved in structuring and analyzing data—until SAP S/4 came along.
Hansfrieder Weber, Innovabee
September 12, 2019
CFO Column
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Data acts as a resource for knowledgeable decisions. There are many steps to take before the numerous data volumes generated every day can be transformed into reliable information and well-founded decisions. Raw data has no real value—but information does. There is a limit to what lengths decision-makers can go to to obtain said information without outweighing the benefits of a better decision-making process.

Easier said than done, though. In theory, it seems simple. Practical experience shows that analyzing data has always been a complex task for CFOs. Before they were able to make a well-founded decision, they had to invest a lot of time and effort into analyzing and structuring data. More often than not, this resulted in decisions based on unreliable data.

S/4 can support data analysis

S/4 opens up new possibilities of decision-making for CFOs. With S/4, SAP does not just offer customers user-friendly, standardized data analysis, but it also helps them access information without having to laboriously structure data. For example, the results of the data analysis are already displayed and evaluated on S/4’s dashboard. Fiori’s neat user interface did win the Red Dot Design Award, after all.

Users do not have to search for subtotals in lists anymore. A S/4 app charts the figures for them. Filters make it possible to further specify necessary information. If someone wants to take a look at the data themselves, CFO’s can simply send them a link instead of a screenshot with which they can easily access the display and graphs.

Comprehensive search and selection possibilities of S/4 Finance replace many laborious tasks, like creating cost centers and accounts in advance. This saves time and effort and increases flexibility. With only a tiny bit of effort, CFOs have access to all the information they need to make knowledgeable decisions. Furthermore, S/4 shows them how urgent and crucial decisions are with KPIs and a traffic light system.

S/4 is beneficial for all areas of finance, but especially if decisions regularly have to be revisited and adjusted, like in cash management. S/4 supports better decision-making processes in finance. As the system shows information from every area of business, every decision can be made with less effort and more profit.

Apart from the economic benefits, every decision made is documented simply and comprehensively. Decision-making processes become transparent and sustainable. Consequently, the confidence of management in the work of CFOs increases.

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Hansfrieder Weber, Innovabee

Hansfrieder Weber is founder and CFO of Innovabee GmbH, an SAP Gold Partner specializing in SAP S/4 Hana.


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Working on the SAP basis is crucial for successful S/4 conversion. 

This gives the Competence Center strategic importance for existing SAP customers. Regardless of the S/4 Hana operating model, topics such as Automation, Monitoring, Security, Application Lifecycle Management and Data Management the basis for S/4 operations.

For the second time, E3 magazine is organizing a summit for the SAP community in Salzburg to provide comprehensive information on all aspects of S/4 Hana groundwork.

Venue

FourSide Hotel Salzburg,
Trademark Collection by Wyndham
Am Messezentrum 2, 5020 Salzburg, Austria
+43-66-24355460

Event date

Wednesday, June 10, and
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Hotel Hilton Heidelberg
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D-69115 Heidelberg

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Wednesday, April 22 and
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The event is organized by the E3 magazine of the publishing house B4Bmedia.net AG. The presentations will be accompanied by an exhibition of selected SAP partners. The ticket price includes attendance at all presentations of the Steampunk and BTP Summit 2026, a visit to the exhibition area, participation in the evening event and catering during the official program. The lecture program and the list of exhibitors and sponsors (SAP partners) will be published on this website in due course.