Leveraging automation to meet today’s key business needs: agility, speed and data integrity

Editor's Notes

1. Alternative Headlines: - Alternative Sub-Headlines: Hyperautomation for your digital transformation dreams Driving digital transformation success
2. Gartner – And growing at 12% CAGR KPMG KPMG ASUG Gartner
3. Talk track: Coming out of the pandemic, many of the critical needs our companies have are the same as they were before the pandemic, but now there is a more urgent need to address them before we are faced with another sudden, existential disruption. Talking with our customers we believe the three core needs that companies have, which can be addressed by automation are: 1.) The need to be more agile, with the ability to pivot and adapt when our businesses or markets are disrupted. 2.) We continue to need to go faster to meet competitive threats and keep up with the ever-accelerating changes we see in the marketplace 3.) We need to do these first two while improving the quality and integrity of our most important data – our master data. Since data has become the fuel we use to make critical business decisions, we need to make sure that it is of the highest quality and that we can rely on it.
4. [For Senior-level accounting and finance audiences. Also automation teams with data quality initiatives] Since the General Ledger is often considered the single source of truth for SAP Financial operations, it’s imperative that the data be as accurate as possible. Unfortunately, the reality is that general ledger data often includes numerous errors that make accurate reporting and forecasting a challenge. According to a recent KPMG study of senior finance executives, fewer than 22% of them are entirely confident in the accuracy of the data they use for reporting, forecasting and analysis. Audience: BDM, SAP Analyst, Data Steward
5. Talk track In addition to the critical needs our businesses have, we also want to achieve a number of objectives that will help us remain competitive, these include: 1.) The desire to optimize our staffs – We have spent the better part of the past two decades right sizing, down sizing, and scaling our organizations to be as efficient as possible for today’s business conditions. The problem is that the market keeps evolving, and we gather more business-critical data every day. We want to find ways to help make the staff we have today more efficient and effective. 2.) We want to reach ROI faster. One of the early struggles with automation has been that it can be difficult to measure, or has a return on investment horizon that is too long to justify the up-front cost.
6. This quote does a great job of summing up the importance of data in executing digital transformation. It sets up our discussion for the interdependence of process and data and sets Precisely apart from many of the other process automation providers.
7. Seed Questions
8. SHARE THIS SLIDE at the end after there are no longer any more questions. Here is how you can reach me. Sean, how can they reach you?
9. What are we going to talk about today…
10. Why is automation such a hot topic in the IT world these days? The pandemic showed many of the shortcomings of our decades of digital transformation efforts. We have spent years and countless dollars digitizing our data and processes, but when the pandemic hot, many of us were caught flatfooted by it’s limitations. As a result, we are now seeing that for many of us, the next step on our digital transformation journey is automating our critical business processes. Many of these are centered on SAP ERP systems and involve creating and managing master data. Now, let’s look at the needs and wants that companies have coming out of the pandemic and how they can be addressed through automation.