Migration to the cloud
Banks are operating in the cloud safely and more nimbly by leveraging intelligent technologies, such as AI and machine learning (ML), for improved speed and accuracy. They can develop new business models in the cloud to avoid being disrupted, gain efficiencies to fund innovation, and transform mission-critical systems while mitigating business risk.
CFO as a strategic visionary
The role of the CFO is evolving and expanding with the use of data analytics and intelligent technology. Moving beyond financial reporting and P&L, CFOs are leveraging advanced data analytics to gain greater insight into strategic planning and help line-of-business heads make better-informed decisions.
Sustainability
Banks are facing increasingly complex sustainability requirements in balancing the needs of the investor, the transition to carbon neutrality, and the advancement of social goals while grappling with regulations and data gaps. Through the use of advanced data analytics and reporting, banks can more easily meet these requirements.
Competition for talent
To attract and retain the top talent needed to drive digital transformation, banks are providing employees with the most advanced digital tools and an overall experience that fosters employee engagement, growth, and satisfaction.
Featured banking solutions
SAP S/4HANA Cloud for finance
Managing risk, complying with regulations, and providing accurate and timely information is essential in banking. Our cloud ERP software can help banks stay compliant, manage financial data, control costs, and reduce risk.
SAP SuccessFactors solutions
Staying ahead means attracting and keeping the right talent. Our responsive workforce management solutions can help banks achieve this with robust human capital management capabilities and in-depth employee experience insights.
SAP Business Network
By improving visibility into spend, banks can identify savings opportunities within their global supplier base. Our solutions can help digitalise and automate procurement and supplier collaboration for greater spend agility.
The Intelligent Enterprise Whitepaper for the Banking Industry
Find out how banks are becoming platforms for digital services in order to deliver an end-to-end service orchestrated by the bank.