SAP S/4HANA for financial organizations

EY ifb offers end-to-end SAP S/4HANA solutions to our financial services clients supporting them in standardizing and digitizing their finance function. Our solution is based on our understanding of the requirements of a financial services organization and proven experience in designing and implementing SAP products.
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EY ifb
Insurance

The team

Photographic portrait of Julian Schweizer
Julian Schweizer
EY ifb EMEIA Financial Services Head of Product Development, Subledgers and Transactions
Daniel Ruschmeier
EY ifb EMEIA Financial Services SAP Innovation and Excellence Leader

Your business challenge

Financial organizations must ensure that their processes and operations have the ability to perform efficiently and effectively in today’s digital landscape. By leveraging intelligent automation and machine learning, the financial services industry is transforming how it operates. The end-to-end migration to SAP S/4HANA is a crucial part of a financial services organization’s broader business digital transformation.

  • The financial services industry must soon move to SAP S/4HANA. The shift will enable organizations to digitize, streamline and improve their current finance function and processes.
  • Replacing existing enterprise resource planning (ERP) systems is challenging as they are often configured to the individual needs of the company.
  • Organizations are concerned about replacing these proven processes through costly transformations.

Solution benefits

Our offering aims to implement an accelerated, reliable, and hassle-free migration to S/4HANA with fast and tangible results. Our value chain comprises the following results:

  • Professional help during the deployment process ensures low risk and minimal errors
  • Low client expert involvement by using preconfigured content and customizing experience
  • Modular extensions that further simplify and enhance your accounting and closing process 

Solution features & functionality

New capabilities in SAP S/4HANA mean the design of financial systems and processes will become more efficient and effective. An approach that is underpinned by analytics, data mining, intelligent automation and machine learning can fundamentally enhance the migration to S/4HANA.

EY ifb can help organizations be confident that the transition from SAP ECC to S/4HANA will be more predictable and manageable.

  • We implement selected and preconfigured use cases to kick start and accelerate the transformation process.
  • The assets include preconfigured modules of S/4HANA finance, documentation, test cases and test data accelerators.
  • We provide test and go-live support.  

Why EY

EY ifb provides the finance function of banks and insurance companies with customized, end-to-end solutions to help them transform.

The team

Julian Schweizer

EY ifb EMEIA Financial Services Head of Product Development, Subledgers and Transactions
Passionate about finance transformation in banking and insurance. Head of product development. Avid scuba diver, globetrotter and bookworm. Maker of decent ramen.
Zurich, CHE

Daniel Ruschmeier

EY ifb EMEIA Financial Services SAP Innovation and Excellence Leader
Focused on finance transformations with standard software to make the working world of EY clients more efficient. Keen tennis player. Passionate about Italy. Husband and father of four.
Köln, DEU

How EY can Help

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