SAP Innovation Awards 2024 – 4340 - University of Cincinnati

University of Cincinnati's SAP S/4HANA Digital Transformation through the use of SAP S/4HANA Finance, SAP Fiori front-end server for SAP S/4HANA, and SAP Concur. Download dokumentet

PUBLICEntry Pitch DeckUniversity of CincinnatiHigher educationDelivering a disruptive vision of “next” withSAP S/4HANA
COMPANY NAME:HEADQUARTERS:INDUSTRY:WEBSITE:NUMBER OF EMPLOYEES:Company Information© 2024 SAP SE or an SAP affiliate company. All rights reserved | PUBLIC 2University of CincinnatiCincinnati, OhioHigher educationhttps://www.uc.eduOver 15,000 University of Cincinnati (UC) was founded in 1819. We serve more than 50,000 students and the people of Ohio, the United States,and the world as a premier public and urban research university dedicated toundergraduate, graduate, and professional education, experience-basedlearning, and research. Our university pushes limits and challenges minds by providing the space andopportunity for people from diverse backgrounds to connect, imagine, anddiscover. We are leading a new era of innovation through our Next Lives Herestrategic direction a relentless disruptive vision of “next.” This vision isgrounded in academic excellence and focused on making an impact in ourcommunities through inclusion and innovation. UC is a sustainability leader in practice, research, and education. To supportthis leadership, we consider the environmental, social, and economic impactsof our decisions and the design, operation, and maintenance of our buildingsand landscapes as well as our organizational structure and management.
CHALLENGE: SOLUTION: OUTCOME:Delivering innovation from within© 2024 SAP SE or an SAP affiliate company. All rights reserved | PUBLIC 3Reduction in custom code,bringing solution back to coreIncrease in productivity across centralfinance, accounts payable (AP), accountsreceivable (AR), and treasury functionsProcess automation in treasury,endowment, and period-end reconciliation25%University of Cincinnati20% 20% Core finance and HR system on the SAP ERPapplication, which is nearing end of life for supportbeyond 2027 Need for improved user experience Lack of real-time data visibility of financial andbudgetary reporting Manual transactions outside of SAP software systemfor endowments Longer lead time in reconciliations for SAP Concursolutionsbased asset posting, cash, and endowmentreporting SAP S/4HANA Finance solution, including humancapital management (HCM) functionality SAP S/4HANA Public Sector solution, including fundand grant management functionality SAP Fiori front-end server for SAP S/4HANA as thesingle launchpad for SAP solutions (SAP S/4HANA,SAP SuccessFactors solutions, SAP BusinessWarehouse application) Integration of SAP S/4HANA Finance withSAP SuccessFactors and SAP Concur solutionsas well as third-party solutions Advanced cash management functionality ofSAP S/4HANA for enhanced cash flow reporting Smooth and intuitive experience with the SAP Fioriuser experience (UX) Automated processes across SAP Concur solutionsbased asset posting and endowments, increasingefficiency of reconciliation activities in central financeand treasury teams Embedded analytics, providing data insights andenabling users to quickly identify trends, patterns, andoutliers and make informed decisions Adoption of new employee business partner model,allowing efficiencies in concurrent-employmentbusiness process managementReduction in manual effort30%
© 2024 SAP SE or an SAP affiliate company. All rights reserved | PUBLIC 4This SAP S/4HANA implementation project is keyto UC’s digital transformation journey, acceleratingour ‘Next Lives Here’ strategic direction bymodernizing our systems and enabling a moredata-driven decision-making organization. We’vebeen able to reimagine and streamline outdatedprocesses with the new technologies providedthrough SAP S/4HANA.Robin Pittman, Assistant Vice President,Digital Technology Solutions, Business Enterprise Systems and Technology
COMPANY NAME:Participating Partner Information© 2024 SAP SE or an SAP affiliate company. All rights reserved | PUBLIC 5Deloitte Consulting LLP Deloitte Consulting is the strategic partner and systems integrator for the SAP S/4HANAimplementation project. Deloitte collaborated with UC to unlock the art of the possible with SAP S/4HANA acrossfinance, budget, treasury, cash management, and procurement processes through multipleshow-and-tell demos for key stakeholders in the organization. Deloitte’s pragmatic agile methodology drove our digital transformation forward. Themethodology, which is built around early validation of outcomes, allowed us to identifywins in a way that would not have been possible using a traditional waterfall approach. Deloitte’s depth of SME support in the areas of solution, infrastructure, and securityfacilitated a 360-degree digital transformation with a “built to evolve” vision. Smooth collaboration between the UC business, the UC IT team, and Deloitte during datamigration and validation and thorough end-to-end testing contributed to a robust solutionwith minimal disruption to end users. Through early and periodic knowledge transfer, Deloitte enabled UC’s SAP IT team tobolster its knowledge of SAP S/4HANA, supporting ongoing SAP software maintenancefor UC’s end users. Chris DiersingExecutive DirectorUCFlex (SAP) Application ServicesDeloitte served as our implementationpartner and guided us through theSAP S/4HANA upgrade process frombeginning to end. Their deep technicalexpertise in all finance process areaswas invaluable. A collaborativeapproach brought the project teamand stakeholders along for the entirejourney, from exploring what’s possibleto aligning and executing withexcellence. We appreciate thispartnership and recognize Deloitte’scontribution to a successful launch.
GLOBAL CHALLENGES BUSINESS CHALLENGESChallenges and Objectives 1 of 2© 2024 SAP SE or an SAP affiliate company. All rights reserved | PUBLIC 6Part of UC’s overall mission focuses on “Urban Futures.”Urban Futures involves partnering both locally and globally toovercome barriers and apply innovative, scalable, and sustainablesolutions to the challenges of urbanization. Teams of UCresearchers test bold ideas across five core areas: software(cybersecurity, AI), hardware (sensors, devices), data (analytics,informatics), human factors (education, simulation, and policy),and digital expression (creative arts and humanities).Our implementation project aimed to modernize finance and HRoperations to help deliver on these five core competencies. Manual Excel-based processes outside of SAP software fortreasury and endowment business groups, diverting effort fromhigher-priority cash management duties Inability to intuitively report on real-time cash positions acrossgeneral ledger (GL), AP, and AR, leading to labor-intensivemanual offline reporting Lack of dashboard- and KPI-based executive reporting, creatingoperational inefficiencies Longer lead time in reconciling manual asset-based posting inSAP Concur solutions