Corporate finance positions have never been more challenging. In addition to traditional duties like financial planning, reporting, and governance, CFOs and financial managers are being tasked with far more strategic responsibilities. Historically, the finance office has had to rely on a disparate set of tools from multiple vendors to begin to address these many challenges.

The finance office can now meet the obligations of today while laying the foundation for the future with the solutions from SAP and Business Objects. By delivering deep business insight based on a holistic view of the enterprise, these solutions address the business challenges facing the corporate finance office and operational decision makers throughout the organization. With best-of-breed, end-to-end enterprise performance management software, SAP’s solutions provide fast and easy access to trusted financial information, enable a deep understanding of how value is generated, and delivers strategic insight so decision makers can better predict future business outcomes.

SAP’s solutions help you drive alignment of strategy with operational performance to enable:

• Greater agility – Empower every stakeholder to communicate, collaborate, and execute on a commonly understood and defined action plan that you can adjust as needed.
• Deeper insight and understanding – Identify areas of the business in need of improvement and evaluate alternative strategies for business impact and greater profit.
• Improved compliance processes – Facilitate compliance with financial reporting and corporate transparency requirements.
• Better strategic alignment – Connect your reporting, planning, and analysis processes to access the information you need and close the gap between strategy and execution.
• Improved profitability – Achieve operational excellence by identifying and eliminating the most crippling costs to your business and focusing on areas that deliver the most profit.
• Greater competitive advantage – Exploit key financial and nonfinancial performance indicators and benchmarking data to enhance your company's results and improve its market share.
• Faster performance management cycles – Quickly access and share financial and nonfinancial information across the enterprise and reduce overall management cycles times and the costs associated with compliance.