sap financial close process assessment announced by west trax
DESCRIPTION
The West Trax “Financial Close Process Assessment” analyses your SAP system to identify the level of SAP Standard Support used in your close process. The potential for optimisation will be identified and cost savings calculated for the areas of standardisation, automation and data entryTRANSCRIPT
© West Trax International Ltd.
KPI Optimiser®
Business Process Assessment
Financial Close
Slide 2 © West Trax International Ltd
The West Trax Mapping Algorithm allows mapping of SAP usage data onto SAP’s Best
Practice Process Model. The results show three potential areas for improvement:
Standardisation How many of the available SAP standard functions have really been used?
Identifies areas for re-standardisation.
Automation How many of the available SAP standard functions can be automated.
What are the savings if only the used SAP standard were to be automated?
The higher the standardisation the greater the savings!
Accelerated Data Entry How many of the available SAP standard functions can have data entry accelerated?
What are the savings if only the used SAP standard were to be accelerated?
The higher the standardisation the greater the savings!
Business Process Assessment
Slide 3 © West Trax International Ltd
One Analysis
3 Optimisation Opportunities! W
est
Trax
- Usage Data Mapped Against Best Practice Business Process Model
- Level of Standardisation Identified - Potential for Re-Standardisation Identified
West
Trax &
Partn
er
- Current usage level of Transactions and Programs that could be automated established
- Potential Savings Calculated
- Other Transactions and Programs that could be automated but are not in use identified
West
Trax &
Partn
er
- Current usage level of Transactions where data entry could be accelerated established
- Potential Savings Calculated
- Other Transactions and Programs that could be accelerated but are not in use
Standardisation Automation Data Entry
The West Trax “Business Process Assessment” analyses your SAP System
to identify the level of SAP Standard Support used in your processes. The
potential for optimisation will be identified and cost savings calculated for
the 3 following areas
Slide 4 © West Trax International Ltd
Business Process Assessment
Example – Financial Close
Client usage data mapped on to SAP‘s
Financial Close Best Practice Process Model
The percentages indicate the proportion of the available SAP Programs and Transactions
that have been used in each Process Category .
Slide 5 © West Trax International Ltd
SAP Reference Process
Financial Close – Process Details
Client‘s usage data from June 2012 to May 2013 mapped to SAP‘s Best
Practice Process Model for Financial Closing
Client
Slide 6 © West Trax International Ltd
SAP Financial Close
Potential Savings From Automation
Great Potential Identified To Reduce Process Costs
By Automating Existing Standard Functionality
Parameters Can Be Adjusted For Individual Requirements
All parameters are conservative and can be adjusted according to client‘s situation
.
A re-standardisation
project will identify
potential for
additional
savings
Slide 7 © West Trax International Ltd
1. To order a Financial Close Assessment please email us at [email protected]
2. Send the requested System data as per the instructions which will be sent on receipt of
the order. ( No critical business data is requested)
3. Complete the short questionaire accompanying the instructions
4. It will take about 30 Minutes to complete these activities
5. The results will be available a few days after receipt of the data and questionaire. The
results will be presented to you via a Web conference
6. The Financial Close Assessment price is £2,340 plus VAT.
Financial Close Assessment
Next Steps
To discover the potential for improvement in your Financial Close Process: -
Please contact us should you require a
Business Process Assessment
for a different process
Slide 8 © West Trax International Ltd
Contact
Contact David Long
Chief Executive West Trax Ltd.
T: +44 (0) 1989 780114 M: +44 (0) 7774 808694 E: [email protected]
W: www.westtrax.com