Smart Budgeting and Forecasting (SBF)
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Maximize your business investments with Generative AI and integration to SAP Analytics Cloud. Designed for Finance, Line of Business, and IT executives, this tool empowers you to create, forecast, and recommend optimized budgets and financial plans. The app also streamlines the handling of various budget requests from multiple users, and it facilitates the creation of budget reports.
Features
Quickly build dynamic forms with GenAI
Solution is seamlessly integrated with an SAP HANA Vector Engine which enables Gen AI capabilities. AI helps users simply and quickly create custom, dynamic budget request form layouts. Attachments to budget requests can be queried in natural language to improve efficiency of the approval process.
Enhance Budget Request processing with Gen AI and SAP HANA Engine
Quickens the approval process for budget request forms and speeds turn-around times for your teams. SAP HANA Vectoring allows for natural language querying of any attachments made to your budget requests, enhancing the approval process with GenAI for maximum efficiency.
Adaptive Receivables Matching
Enable automatic posting and clearing by scheduling receivables processing as a one-time or recurring job, with the flexibility to match open items and customer accounts—streamlining operations and enhancing efficiency.
Enjoy predictive analytics integrated with SAP Analytics Cloud for Planning
Embedded with SAP Analytics Cloud for Planning, solution affords users industry-best predictive analytics. Leveraging these advanced capabilities, users are able to discern metrics that can improve outcomes, build multiple scenarios to select from, and save the models for future use.
Benefits
Connect reliably and sustainably with your existing SAP ERP System
Solution provides secure, confident connection to SAP and third-party sources through SAP-managed APIs. This assures that core code is protected, and that the solution will sustain interoperability with the latest SAP releases over time.
Gain seamless integration with Gen AI and SAP Analytics Cloud
Create forms, ask questions on budget attachments, query personnel expenses data, all using natural language modeling in union with SAP Gen AI Hub, Just Ask and SAP HANA Vectoring.
Unify sources, apps, siloes, and processes into a single user-friendly tool
Isolated and detached budgeting and finance systems can cause gross inefficiencies, including the waste of precious time and money. Solution provides a single, central, virtual budget monitoring, evaluation & automated reporting repository to assure results-driven management.
Streamline budget request management
The solution provides a refined and organized approach to handling and assessing budget proposals, incorporating advanced tools designed to aid in prioritizing projects and making informed budgetary decisions. It simplifies the complex process of financial planning, ensuring that all requests are evaluated fairly and resources are allocated efficiently to align with strategic objectives.
Optimize top investments like Personnel
Monitor personnel allocations and analytics in real-time to gain at-a-glance insights. KPI drill-downs allow you to make adjustments in a few simple clicks.
Success Stories
This client automated revenue processing and reconciled data from disparate sources
The client sought to maximize the benefit of their AWS and SAP partnerships,
while aligning their tech strategy with SAP’s new technology platform and
innovations. They wanted to enhance technical architecture with a “data layer” that
not only supports transformation and reconciliation of high-volume transactional
data from multiple sources but also natively integrates with S/4 General Ledger for
automated accounting.
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