{"id":53815,"date":"2023-06-08T07:30:23","date_gmt":"2023-06-08T06:30:23","guid":{"rendered":"https:\/\/www.agilita.ch\/how-can-cfos-respond-to-change\/"},"modified":"2023-06-06T05:52:39","modified_gmt":"2023-06-06T05:52:39","slug":"how-can-cfos-respond-to-change","status":"publish","type":"post","link":"https:\/\/www.agilita.ch\/en\/how-can-cfos-respond-to-change\/","title":{"rendered":"How can CFOs respond to change?"},"content":{"rendered":"\t\t
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As Chief Financial Officer (CFO), you are responsible for ensuring the financial health of a company and keeping it on a stable growth path. However, with today’s ever-changing business environment of technological advances, changing market conditions and global events, CFOs face new challenges.<\/h6>\n

The ability to respond flexibly and proactively to change is crucial to ensuring the long-term success of a company. CFOs play a central role in understanding the financial impact of change, identifying opportunities and making the right strategic decisions.<\/p>\n

In our first blog, “How has the role of the CFO changed?”, we focused on showing you how the work and responsibilities of CFOs have changed as a result of digital transformation. And, what difficulties and obstacles finance departments face as a result of the digital transformation.<\/p>\n

In our further blog, we would like to dive a little deeper into the topic of SAP S\/4HANA Finance.<\/p>\n

With SAP S\/4HANA Finance, we have a solution at hand that covers the existing but also the new needs and supports modern CFOs and their teams in their daily work.<\/p>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201cSAP S\/4HANA Finance covers the entire day-to-day business of CFOs. From financial planning and accounting, to margin analysis and treasury<\/strong>.”<\/p>\n<\/blockquote>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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The real benefit of transforming finance lies in connecting with other business areas (for example, HR, sales, operations, marketing): A networked platform enables finance to run scenarios and see their impact on other areas. Cooperation between departments is ensured, especially in areas such as strategic and operational planning. Furthermore, the onboarding of new employees is simplified by a redesign and acquisitions of purchases (M&A) can be easily integrated into the existing system landscape.<\/p>\n

The changes brought about by CFOs as “Chief Future Officers” and sparring partners of CEOs simultaneously result in completely different requirements for an ERP system. Strategic fields of action must be developed and presented, and concrete options for action derived from them. Ideally, the ERP system simply allows the options for action to be simulated so that the prospects for success and, in particular, the effects on other areas can be identified at an early stage.<\/p>\n

Despite a slowdown in the second half of 2022, M&A activity among Swiss SMEs remains at a high level. ERP systems must allow easy incorporation of the purchased entities. Either by means of a (two-tier) approach or direct incorporation.<\/p>\n

To make efficient use of the synergies, transparent, automated intercompany processes are also part of the solution: Intercompany Matching and Reconciliation (ICMR), a solution integrated in SAP S\/4HANA, accelerates the intercompany reconciliation process, from company financial statements to consolidated financial statements. Transactions and financial data are reconciled in real time. The flexible matching and reconciliation rules enable a high degree of automation and end-to-end accounting. <\/p>\n

With S\/4HANA Finance, CFOs of the future are therefore perfectly equipped for their challenge as sparring partners of CEOs and can take up the new challenge.<\/p>\n

Are you planning activities in the field of M&A and looking for ways to efficiently manage the changed group of companies?<\/p>

We will be happy to support you in your project.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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As Chief Financial Officer (CFO), you are responsible for ensuring the financial health of a company and keeping it on a stable growth path. However, with today’s ever-changing business environment of technological advances, changing market conditions and global events, CFOs face new challenges. 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Als mehrfach ausgezeichneter SAP Gold Partner begleiten wir Unternehmen aus verschiedenen Branchen bei ihrer digitalen Transformation \u2013 von der Prozessberatung \u00fcber die Implementierung bis hin zur Entwicklung ma\u00dfgeschneiderter Cloud-L\u00f6sungen. Unser Fokus liegt auf der Einf\u00fchrung und Optimierung von SAP S\/4HANA Cloud, sowohl in der Public als auch Private Edition, sowie der Nutzung der SAP Business Technology Platform (BTP) zur Entwicklung innovativer Erweiterungen, Integrationen und KI-gest\u00fctzter Anwendungen. Wir kombinieren tiefes SAP-Know-how mit agilem Projektvorgehen, modernster Technologie und einem klaren Fokus auf Benutzerfreundlichkeit und Zukunftsf\u00e4higkeit. Unsere eigenen L\u00f6sungen \u2013 wie der AGIL AI.TimeManager, AGIL MobileWarehouse oder AGIL BankingIntegration \u2013 erg\u00e4nzen das SAP-Portfolio gezielt und helfen unseren Kunden, schneller, intelligenter und effizienter zu arbeiten. Unsere Kunden sch\u00e4tzen uns als verl\u00e4sslichen Partner auf Augenh\u00f6he, der nicht nur technische Expertise mitbringt, sondern auch die Sprache der Fachbereiche spricht. Ob KMU oder international t\u00e4tiges Unternehmen \u2013 AGILITA steht f\u00fcr Innovation, Verl\u00e4sslichkeit und nachhaltigen Erfolg mit SAP. Kernkompetenzen: \u2022 SAP S\/4HANA Cloud (Public & Private Edition) \u2022 SAP Business Technology Platform (BTP) \u2022 KI-gest\u00fctzte SAP-Erweiterungen \u2022 Prozessberatung & Change Management \u2022 Eigene SAP-zertifizierte Add-ons \u2022 Cloud ERP-Implementierungen \u2022 Integration von Dritt- und Altsystemen \u2022 Begleitung bei Systemmigrationen & Transformationen (z.\u202fB. ECC auf Cloud ERP)","email":"info@agilita.ch","telephone":"+41 44 842 74 11","legalName":"AGILITA AG","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"51","maxValue":"200"}},{"@type":"Person","@id":"https:\/\/www.agilita.ch\/#\/schema\/person\/401a5ca56736dc4719b27326d0625d25","name":"Amarin K\u00fcnzli","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.agilita.ch\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/cd8f265f4d538f68ada4b72715ac037a?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cd8f265f4d538f68ada4b72715ac037a?s=96&d=blank&r=g","caption":"Amarin K\u00fcnzli"},"sameAs":["http:\/\/www.agilita.ch"]}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.agilita.ch\/wp-content\/uploads\/2023\/06\/Design-ohne-Titel-2.jpg?fit=1280%2C720&ssl=1","_links":{"self":[{"href":"https:\/\/www.agilita.ch\/en\/wp-json\/wp\/v2\/posts\/53815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.agilita.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.agilita.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.agilita.ch\/en\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.agilita.ch\/en\/wp-json\/wp\/v2\/comments?post=53815"}],"version-history":[{"count":0,"href":"https:\/\/www.agilita.ch\/en\/wp-json\/wp\/v2\/posts\/53815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.agilita.ch\/en\/wp-json\/wp\/v2\/media\/53953"}],"wp:attachment":[{"href":"https:\/\/www.agilita.ch\/en\/wp-json\/wp\/v2\/media?parent=53815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.agilita.ch\/en\/wp-json\/wp\/v2\/categories?post=53815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.agilita.ch\/en\/wp-json\/wp\/v2\/tags?post=53815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}