By Cedric Read Hans-Dieter Scheuermann The mySAP Financials Team

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The acquired company’s software was relatively inexpensive but highly standardized. The challenge: merging a global centralized ERP system with the acquired company’s decentralized, entrepreneurial approach to systems. The combined group’s board reflected these cultural differences. The board members from the first company remained firmly committed to SAP for manufacturing, and for the time being it was agreed that the strategy of putting SAP into high-priority sites would continue. But this decision was only temporary.

The CIO came up with two complimentary solutions: • Solution A The integration hub – a reduced number of interfaces between the ERPs using the integration middleware. The advantages: reduced complexity, easier maintenance, lower cost, but this treated the symptoms, not the cause. The disadvantages: duplication of applications and data. This would lead to extra configuration and set-up, extra maintenance and extra finance processing. • Solution B The unbundling – creating one standard data repository and unbundling the processes in each of the ERPs.

We end with an epilogue – with a glimpse of the finance function of the future! 001-025 FIN 17/1/03 1:39 pm Page 25 CFO Checklist CFO CHECKLIST LEVERAGE YOUR ERP INVESTMENT Consider the benefits case for your beyond ERP environment. Unravel your systems spaghetti. Rethink, regroup, and recut your finance functions. Design your new “Beyond ERP” architecture. STREAMLINE THE FINANCIAL SUPPLY CHAIN Understand the hidden costs of your existing financial supply chain inefficiencies and exceptions. Focus on savings; plan to reduce working capital needs by as much as 25%.

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CFO as Business Integrator by Cedric Read Hans-Dieter Scheuermann The mySAP Financials
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