Erp strategy deloitte

Erp strategy deloitte. vmuttreja@deloitte. With a global service catalog that is vertically and horizontally integrated across a few strategic enterprise functions and user intent, GBS organizations can provide enhanced experiences for users, even when their requests are Automation can support new operating models and may be enabled by ERP upgrades. Not all Deloitte firms provide all services. But how CFOs define that journey can spell the difference between a smooth path to transformation and a rocky one. In a recent Deloitte study, a majority of tax and finance DTTL (also referred to as "Deloitte Global") does not provide services to clients. Achieve outstanding value from your enterprise-technology investments with a holistic and strategic approach to technology transformation. By putting growth at the forefront of resilience—and communicating it across the entire enterprise—leaders can turn disruption into transformational To learn more about transforming the Tax practice with ERP, read the full report, Deloitte and SAP: As the chief cloud strategy officer for Deloitte Consulting LLP, David is responsible for building innovative technologies that help clients operate more efficiently while delivering strategies that enable them to disrupt their markets. HR strategic priorities road mapping—Aligns HR strategy with business priorities and key results, Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and Deloitte has identified the critical people-related challenges organizations typically face at each phase of an ERP implementation, as well as specific steps you can take to mitigate them. That mapping was a significant input to its ERP design, which leads to the next pieces of the puzzle: data strategy and chart of accounts design. With so much on the line, consider what your organization can do to minimize risk and make your ERP project implementation journey as smooth as possible. To plan rapidly and execute accurately, a deep understanding of the target’s current state is required even before legal Day One. Design, implement and deliver integrated strategies to increase the efficiency A business-led approach to enterprise data strategy and data architecture is top of mind along the migration journey. Informed by process mining and data insights, it merges Deloitte’s deep industry and ERP strategy expertise with ServiceNow’s seamless digital workflows to deliver impact that matters. We’re business integrators who meld strategy, analysis, operations, and technology. While this may have mirrored the organizational importance of connecting customer-centricity to strategy, the Design thinking in enterprise automation strategy can turbocharge automation value. Senior Manager, Transformation Program Strategy & Design. Deloitte works with senior executives to understand their strategic vision and to assess how GBS might align with their business strategy to drive results. Technology Deloitte’s Emerging Enterprise Resource Planning offerings are a powerful and versatile enabler of success. but do understand strategy and risk, people and priorities, art and science. Genevieve is an experienced tax ERP and transformation leader, and a partner within Deloitte's Tax Technology Consulting Team. Exploring our other Crunch time reports on topics including enterprise service delivery, data management strategy, ERP solutions, finance talent, cloud, forecasting, blockchain, and many more. About Deloitte Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500 ® and more than Deloitte Touche Tohmatsu India LLP (Deloitte India) and SAP have entered into a strategic OEM agreement aimed towards enterprise customers. A two-tier strategy enables companies to start a controlled move to the cloud, migrating specific functions or business units without disrupting operations. GBS on Now is the joint Deloitte and ServiceNow value proposition that perfectly blends the transformation value of a GBS organization. Leverage your professional network, and get hired. A carefully considered strategy and road map to address threats before they manifest is important for helping build increased stakeholder confidence. In the United States, Deloitte refers to DTTL (also referred to as "Deloitte Global") does not provide services to clients. ” This process has shifted how Achieve outstanding value from your enterprise technology investments with a holistic and strategic approach to technology transformation. HR strategic priorities road mapping—Aligns HR strategy with business priorities and key results, Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and Andreas Biermann, Deloitte Consulting GmbH, is a director in Deloitte Consulting’s Technology Strategy and Architecture practice and leads the organization’s Enterprise Agility service offering. Siam Commercial Bank gains end-to-end integration with Oracle. It’s time to take your ERP strategy to the next level. Deloitte’s Baris Sarer breaks down the complex considerations and trade-offs, aiding you in making the best choice for your organization. Managing Director. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). With more organisations facing overwhelming amounts of data, it is critical they chart a course for building a sustainable ERP reporting strategy. Now is the time to step back and make sure your roadmap to that future is clear. Enterprise transitioning from “labor arbitrage back -office center” to a “strategic partner and central business organization” • Functions requiring increased presence near client/corporate such as procurement, supply chain and tax are also receiving higher The CFO guide to data management strategy Modernizing data infrastructure with data management tools. To modernize Finance, it’s critical to modernize the core and develop an efficient ERP and tech strategy. DTTL (also referred to as "Deloitte Global") does not provide services to clients. Explore Deloitte's Unlimited Reality™ services. 1 The generative AI market is expected to double every other year 2 for the next 10 years; investments are soaring, 3 and it is consumers who are largely driving adoption. The power of people and machines working together offers the greatest opportunity for creating knowledge in human history. Save for later This section is an infogram. Collaborate with Deloitte to develop a strategic plan that Designing an adaptive enterprise. cvitters@deloitte. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms This Gartner® Magic Quadrant™ for Cloud ERP Services for Service-Centric Enterprises provides a graphical competitive positioning of four types of technology providers: Leaders, Visionaries, Niche Players and Challengers, in markets where growth is high and provider differentiation is distinct. Certain services may not be available to attest clients under For additional results from Deloitte’s Global Shared Services and Outsourcing Survey, read the full report here. A Gartner study shows that up to 25% of ERP initiatives are considered failures, and another 55-60% result in considerable gaps between user expectations and the actual delivery. Consumer Products With a clear ERP strategy and operating model design in place, you’ve proactively aligned your organisation’s capabilities and roles to design the ‘organisation of the Deloitte can create a custom cloud strategy for your business, as well as a cloud readiness assessment that considers hundreds of technical and business factors. BOSTON-- ( BUSINESS WIRE )--Onapsis, a leading provider of enterprise resource planning (ERP) cybersecurity and compliance solutions, and Deloitte, a global leader in With a clear ERP strategy in place, you’ve proactively aligned your organization’s capabilities, interactions, and roles to design the “organization of the future. ” Finance Strategy leader Deloitte Consulting LLP dhobbs@deloitte. com About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. Genevieve specialises in helping businesses to operationalise their management of taxes, covering tax strategy, operating model, risk & governance, process design/re-design, automation, tax technology and sourcing. According to Deloitte Global research, organizations that deliver successful digital transformations bring together strategy, technology, and a strong change capability. Our extensive suite of finance and enterprise performance services helps organizations set a compelling vision for embracing and overcoming disruptive forces, unlock efficiency and insights, and optimize and (re)organize how and where work gets done, all to drive more ERP’s possibilities. Barriers: Lack of strategy More than half cite “lack of strategy” as a top-three barrier: Managing distractions Nearly half indicate “too many competing priorities” is a top-three barrier, “lack of strategy” still a challenge for one-third: Security focus Nearly 30% cite security as a top-three barrier; managing too many competing priorities remains a Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and ERP and agile doesn’t have to be an oxymoron, and that’s where cloud ERP-as-a-service comes in—a subscription-based, highly pre-configured solution to ERP-enabled transformation. Climate and other considerations should be part of the organization’s DNA, embedded in each decision and process from end to end. Today, companies are inundated with data and are looking for better ways to get to near-real-time reporting, data visualization, and valuable insights. He has significant experience in guiding clients through strategy-led Digital Finance series: A cloud ERP strategy for a post-pandemic world Co-hosted by Oracle NetSuite. Our professionals will advise on the transformational outcomes achievable through a range of ERP software-as-a-service options, and help you implement the one to suit your business needs. Enterprise metaverse solutions. Technology Strategy & Transformation. experience. It merges the experience of Deloitte with the insights and execution of Clean Core ERP Deloitte’s 2019 risk management survey found organizations that invest in risk management and link it to strategic goals typically achieve higher growth. The finance vision is a set of choices and goals that articulate and align Finance’s aspirations for how the function serves and partners with the organization. Get in touch. Integrating ERM with Strategic Planning. He has significant experience in guiding clients through strategy-led transformation to achieve profitable growth. Our professionals will advise on the transformational outcomes achievable through a range of ERP software-as-a-service options and help you to implement the one to suit your business needs. While many large enterprise software vendors have begun to incorporate cognitive technologies into their products, 23 and Craig works with Firm Leadership to set the group’s overall innovation strategy. Contents Executive summary | 2 Fighting the inside failures | 3 Dynamic circumstances require a dynamic approach | 6 Putting Explore Deloitte’s capabilities around SAP migration to the cloud and transforming and operating SAP digital core on cloud infrastructure. It’s a strategy. Over the past 20 years, she’s advised clients on how to evolve their business strategy, enterprise model design and operating capabilities in response Deloitte IoT Strategy & Architecture services provide clients with strategy, vision, roadmaps and architecture to deploy and integrate IoT technology into their operations. Our professionals will advise on the transformational outcomes achievable through a range of ERP software-as-a-service options and help Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. Skip Technology Strategy Consultant Technology Strategy This highlights the importance of meticulous ERP planning and strategic ERP software application deployment. Finance technology and ERP strategy, visioning, process assessment, and architecture; Define the finance modernization strategy and execution path for finance technology and ERP to enable you to achieve the organization’s broader finance vision. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. In seizing this opportunity, Finance can create or strengthen source and where to source it from (see the following graphic). It merges the experience of Deloitte with the insights and execution of Clean Business transformation enabled by cloud ERP can simplify tax compliance and empower tax departments to become strategic advisors. Barriers: Lack of strategy More than half cite “lack of strategy” as a top-three barrier: Managing distractions Nearly half indicate “too many competing priorities” is a top-three barrier, “lack of strategy” still a challenge for one-third: Security focus Nearly 30% cite security as a top-three barrier; managing too many competing priorities remains a Deloitte has identified the critical people-related challenges organizations typically face at each phase of an ERP implementation, as well as specific steps you can take to mitigate them. He has 20 years of experience in leading international transformations for insurance companies and banks. 32 Integrating competitive strategy with digital strategy to form one cohesive enterprise strategy is a shared task that should manifest itself in clear, aligned, and Deloitte’s most recent State of AI in the Enterprise survey, conducted with 2,875 global technology executives across all industries, found that while AI is rapidly changing, it’s not fully evolved. To manage it, businesses need a data management strategy for collecting, processing, and acting upon reams of information. It also helps employees ask better questions and develop more complex and insightful analyses, including business strategy support and analysis, which is something many C-suite executives are looking for. It merges the experience of Deloitte with the insights and execution of Clean Four key ERP implementation strategies for business transformation. Organisations are exploring the use of AI for several solutions, including The university gains insight into a range of accounting, financial, strategic, and operational management processes with Oracle Cloud EPM and ERP. Today’s finance professionals need the smart tools and guidance to manage these complexities and provide insights to drive profitability and growth—and Deloitte’s Finance & Performance services deliver the industry-leading knowledge and cloud-based solutions to do just that. 23, 2023 — Today, Deloitte announced an expansion of its existing strategic alliance with Intel, harnessing the company’s cutting-edge software and technology to help clients better optimize their costs, secure workloads and accelerate their AI and software development. Strategy, Analytics & M&A Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively Creating a successful ERP reporting strategy. He led a global team focused on sales and delivery of supply chain, finance, and enterprise resource planning (ERP) transformations with focus on digital solutions. Our delivery approach emphasizes process enhancement with automation of technologies, finding new Prior to this role, Doug was the Deloitte Global Leader for the Enterprise Technology and Performance portfolio. A blog post by Kalpesh Potghante, senior manager, Cloud Engineering, Deloitte Consulting LLP; and Raj Yerapotini, managing director, Cloud Engineering, Deloitte Consulting LLP. Deloitte can help you develop an ERP readiness approach tailored to your business, then work with you to modernize your ERP and other last-mile systems to unlock value, reduce operating costs, clean up master data, and harmonize the way Strategy, Analytics and M&A. While maintaining business continuity and the physical and mental health of their employees, organizations had to adapt to an economy in crisis, new virtual ways of working, and rapidly changing consumer behaviors. It’s time to discover the power of intelligent automation. As part of Deloitte’s Respond, Recover, Thrive supply chain series, this report examines how organizations can revisit their supply chain strategies in light of all they have learned during the pandemic, and prioritize the capabilities they expect to “Deloitte” is the brand under which nearly 200,000 professionals in independent firms throughout the world collaborate to provide audit & assurance, consulting, risk and financial advisory, risk management, and tax services to selected clients. What’s next: Big vendors will continue With a clear ERP strategy and operating model design in place, you’ve proactively aligned your organization’s capabilities, interactions, and roles to design the “organization of the future. Transitioning to a cloud-based ERP is one way to tackle the problem. It’s ERP Core Modernization is the joint Deloitte and ServiceNow value proposition that brings the impact of ERP modernization to the organization. Building a future-ready ERP reporting strategy. com. Explore our consulting industries. Deloitte refers to one or more of Deloitte Touche Deloitte’s Emerging Enterprise Resource Planning solutions drive functional excellence in human resources, finance, and other key operational units, positioning the wider organization for sustainable growth and success. Whether you're considering an ERP transformation journey, in the midst of implementation, or looking to unlock broader Deloitte’s Technology Strategy, Vision & Architecture offerings provide the vision, strategy, and roadmap for wide-scale transformations to your IT infrastructure and operations, aligning the Deciding the career for you is more than simply “landing the job. View additional perspectives on ERP strategy. This message and the space it occupies will not be displayed when viewing this page either in Live, Preview, or "View as published" modes. As an executive, your 'build or buy' choice can shape your enterprise's IT strategy. Our world-class supply chain practice—plus our extensive technology enablement and digital enterprise transformation DTTL (also referred to as "Deloitte Global") does not provide services to clients. This requires integration across the enterprise to demonstrate value at every touchpoint with both customers and employees, delivering an Bill is a managing director in Deloitte’s strategy and analytics practice—and a former philosophy major with a passion for applying liberal arts disciplines to business leadership. Our team of over 15,000+ professionals bring fresh perspective to help you anticipate disruption, EPM can help transform sustainability from a worthy idea into a tangible business activity, according to a Deloitte report, As CFOs assume this elevated role in an organization’s enterprise strategy, they can become integral to core regulatory deliberations. With more companies facing overwhelming amounts of enterprise data, it’s critical they chart a course for building a sustainable ERP Tax is complex—as are cloud-based ERP system implementations. Technology leaders should be change instigators that bring creativity to the planning process and inspire new art-of-the-possible thinking for where to play and how to win. When implemented correctly, however, such systems offer critical support for organizational goals. th. they face have grown increasingly sophisticated since the term “enterprise risk management” (ERM) was first used in the late 1990s. We look carefully at APIenabled digital ecosystems 01 Application Programming Interface (API) enabled digital ecosystems are fostering because a business can package the functionality as an API product or attribute, making it available for an entirely new use Legacy ERP takeover Deloitte will take ownership of support for your legacy ERP platform to enable your team’s capacity to upskill, address foundational issues, and prepare for the planning and execution of a successful cloud migration. The vision becomes the “North Star” for the ERP-enabled finance transformation. In a recent . We harness the power of AI and data to engineer transformational business strategies that generate evergreen value. Certain services may not be available to attest clients under As SAP launches its SAP Industry Cloud strategy, Deloitte stands ready with a host of industry-specific cloud solutions—as part of Deloitte’s Kinetic Microservices portfolio. Our professionals will advise on the transformational outcomes achievable through a range of ERP software-as-a-service options, ERP Core Modernization is the joint Deloitte and ServiceNow value proposition that brings the impact of ERP modernization to the organization. Deloitte provides a portfolio of services and assets to imagine, deliver and run intelligent automation. Through immersive events we expose and explore opportunities to define the vision, strategy and business case for widespread adoption across the enterprise. Enterprise Resource Planning Transformation. Certain services may not be available to attest clients under family enterprises to allow for more strategic decision-making, increased operational efficiency, the identification of opportunities for automation, mitigation of fraud risk, and more. While this may have mirrored the organizational importance of connecting customer-centricity to strategy, the Deloitte explores reinventing go-to-market strategies that are aligned to the digitally transformed organizational vision and core business operating models. But how CFOs define that journey can spell the With a clear enterprise resource planning (ERP) strategy in place, they’ve proactively aligned their capabilities, interactions, and roles to design the “organization of the What’s changed: ERP providers have upped their game, adding new features, including cognitive functionality, and buying competitors at a rapid clip. To set a winning strategy, leaders need to understand their competition, mitigate risks, and make hard choices about change and innovation. Cross-functional and global organizational models such as global business services (GBS) are becoming more relevant in fostering and enabling enterprise-wide change. Deloitte’s Emerging Enterprise Resource Planning solutions drive functional excellence in human resources, finance, and other key operational units, positioning the wider organization for sustainable growth and success. Migrate the ERP platform to a cloud or SaaS version. Save for later; The data sprawl challenge: Complex ecosystems, increased risks, and costs Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of Amid market disruptions, the unique challenges companies face each day are growing more complex. To understand where hospitals, health systems, and health plans stand on the adoption and maturity of AI, and what levers leaders can take to The Giant Machines business is focused on strategizing, designing and engineering innovative digital products. By taking advantage of Oracle Cloud ERP and Oracle Cloud EPM, this century-old bank gains a single source of truth to better serve customers. We are seeking professionals who want to reimagine and leverage the opportunity to transform a business through their technology strategy. Stakeholder trust is a priority for board members and C-suite executives, and internal audit (IA) has a pivotal role to play in protecting trust in The Deloitte Greenhouse is an innovative and wholistic concept and workshop programme that changes the way we deal with business challenges. A significant backlog of existing manual processes: Philippe has led numerous transformation programs across industries, including SAP S4, operating model, enterprise planning, reporting strategy and analytics, technology-enabled process redesign, and organizational transformation strategy. As a leading systems integrator for top-tier clients, we are in a unique position to observe trends that are shaping the application programming interface (API) and integration market Enterprise metaverse solutions. But we don’t stop with From better awareness of candidate fit, to process and technology optimization, to increased understanding of talent acquisition's impact on the business, talent acquisition analytics is a powerful force in the quest to source and hire top talent. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of Deloitte’s Emerging Enterprise Resource Planning solutions drive functional excellence in human resources, finance, and other key operational units, positioning the wider organization for sustainable growth and success. DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of Whether you need to evaluate tax policy and strategy, integrate systems, ERP Systems Support. Dean Hobbs, principal, US Finance Strategy Leader, all Deloitte Consulting LLP. As companies generate more and more data Exploring our other Crunch time reports on topics including enterprise service delivery, data management strategy, ERP solutions, finance talent, cloud, forecasting, blockchain, and many more. Deloitte refers to (OMB) Circular A-123: Deloitte’s point of view. Certain services may not be available to attest clients under ERP Strategy and Planning SAP now Europe’s Tech MVP with Q3 showing: The Expert View SAP announced a strong Q3 performance and raised its annual revenue and earnings guidance performance, gaining $26bn in market value to grab the . To create the finance vision, start with your organization’s strategy and the role Finance will play in enabling key To help them stand out from the pack, companies should push to finish that “merge” so that sustainability and core enterprise strategy are parts of a whole. Team members who Robert Lurie is a director with Deloitte Consulting LLP in the Monitor Deloitte Strategy & Operations practice. Workday Financials is a leading cloud-based Today's top 18,000+ Deloitte jobs in United States. Reality is, companies without a modern finance platform may struggle to maintain a laser focus on growth, and this is especially true for mid-market companies. This Gartner® Magic Quadrant™ for Cloud ERP Services for Service-Centric Enterprises provides a graphical competitive positioning of four types of technology providers: Leaders, Visionaries, Niche Players and Challengers, in markets where growth is high and provider differentiation is distinct. Testing and training can be done in each phase before moving on to the next. Carey Oven is a partner with Deloitte & Touche LLP and managing partner of Deloitte LLP enterprise leader development and succession. Early. Deloitte refers to one or more of Deloitte Touche As a recognised leader in innovation strategy, we help companies seize new growth opportunities by building, and launching, new offerings and businesses. Learn how a successful reporting strategy can enable international and non-profit organisations to scale their capability, free up Deloitte’s Emerging Enterprise Resource Planning offerings are a powerful and versatile enabler of success. In the absence of integrated ERP systems, be prepared for significant effort to set up systems with your salesforce and Deloitte and Oracle NetSuite can help mid-sized to large-scale enterprises further connect to the human experience and transform their business with customized digital solutions that activate a foundation of continuous innovation for growth. Deloitte’s Emerging Enterprise Resource Planning offerings are a powerful and versatile enabler of success. Digital Supply Chain . After defining a finance data strategy, including an enterprise information model supported with the data governance required to maintain your investment, your next move could entail defining a reporting strategy to ensure your ERP system can support decision-making with the right analytics in real time. What are your data sources, Deloitte’s Technology Strategy, Vision & Architecture offerings provide the vision, strategy, and roadmap for wide-scale transformations to your IT infrastructure and operations, aligning the technological changes with business goals. Doug’s 30 years of consulting and industry experience includes Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. Leading ERP provider, SAP, recommends that staff should only be assigned to work on ERP projects if they can spend at least 25% of their time on the project. Rich Nanda is a principal in Deloitte Consulting LLP, where he serves as the leader of Consulting’s Strategy & Analytics portfolio of offerings. Once a common language and data needs are understood, the next step is to define a data strategy. From better awareness of candidate fit, to process and technology optimization, to increased understanding of talent acquisition's impact on the business, talent acquisition analytics is a powerful force in the quest to source and hire top talent. The quandary for transforming With differences in functional capabilities across finance enterprise resource planning (ERP) platforms becoming narrower, how can organizations take a more progressive approach to finance ERP selection? An ERP-enabled finance transformation can help elevate finance’s performance and strategic value as businesses confront rapid change. ERP implementations are a perfect opportunity to transform the finance function. Together, we help companies adopt intelligent ERP strategies designed to minimize manual intervention, reduce costs, enhance data ERP Core Modernization is the joint Deloitte and ServiceNow value proposition that brings the impact of ERP modernization to the organization. However, many organizations—approximately 66% of Fortune 500s—still have not lined up tech and business objectives, leaving considerable room for Technology leaders should be change instigators that bring creativity to the planning process and inspire new art-of-the-possible thinking for where to play and how to win. The question is not IF or WHEN but HOW. 0 Overview CPE credit | Specialized Knowledge. Innovate solutions that support two-tier ERP strategy and implementation; Manage mergers Strategy is an organization’s growth blueprint. The finance functions that underpin an organization’s success can be complex. Deloitte Risk and Financial Advisory . Automation can support new operating models and may be enabled by ERP upgrades. One of the most frequently cited leading practices for AI transformation is the need for a bold, enterprise wide strategy that is set and championed by an organization’s highest leadership. Find out more . New platform migration. Before embarking on a major, enterprise-wide technology transformation, it is critical to understand where your company is and how such a change is expected to impact the How cloud migration strategy impacts the ongoing benefits of ERP. Additionally, there is increased focus on financial planning and the need to maximise Principal | US Strategy & Analytics Offerings Leader Rich Nanda is a principal in Deloitte Consulting LLP, where he serves as the leader of Consulting’s Strategy & Analytics portfolio of offerings. Editor’s note: Part 1 of this series reviewed four of the original predictions for finance in 2025 Knowledge has been and will continue to be a key competitive differentiator when it comes to driving organizational performance. Explore why ERP strategy is important, then dive deeper via our series of perspectives on how to develop an executable ERP strategy that can help you achieve desired capabilities, setting you up for success now and into the future. DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of Deloitte works with senior executives to understand their strategic vision and to assess how GBS might align with their business strategy to drive results. Deloitte’s Strategy & Analytics practice brings leading insights and leverages proprietary solutions to instill organizational agility, drive change and sustain enterprise-wide growth. Exceptional More than half of successful international organisations include outsourcers in their delivery model, and 72 per cent have embraced digital transformation as a strategic agenda and 55 per cent have a single instance enterprise platform such as ERP 3 or SAP/4HANA. Host: Michael Bondar, principal, Deloitte & Touche LLP Presenters: Kate Graeff, senior manager, Deloitte & Touche LLP Geoffrey Kovesdy, principal, Deloitte & Touche LLP 1. Once you’ve taken a glance through the predictions, Staff assigned to ERP implementation projects need to have a good understanding of the business processes, work well in teams and have the respect by upper management. Third Party Risk Management: Assisted in improving third party risk management and security management practices (For example, vendors and business partners). Learn more Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. Cynthia Vitters leads Deloitte’s Government and Public Service Enterprise Risk Management with Explore Deloitte’s capabilities around SAP migration to the cloud and transforming and operating SAP digital increasing the scalability and elasticity of enterprise apps, decreasing costs, and adopting emerging technologies more quickly. Deloitte & Touche LLP +571 424 0046. ERP cloud modernization We’ll engage our proven cloud migration methodology and work with you to modernize your platform, focusing on the Plan your next career move with Deloitte's Accounting and Reporting Advisory (ARA) Cloud Strategy and Implementation practice. com Fahad Salah -UdDin Senior Manager fsalahuddin@deloitte. This will enable our customers to digitally transform their business processes through Deloitte’s solutions and maximising the impact with SAP’s BTP platform. About the authors Dynamic strategy implementation Deliering on your strategic ambition. In her role, Carey leads the intentional planning Deloitte’s Emerging Enterprise Resource Planning offerings are a powerful and versatile enabler of success. 1 This is why it’s so important to have an AI strategy that is connected and coordinated across the Deloitte’s Emerging Enterprise Resource Planning offerings are a powerful and versatile enabler of success. Guiding principles for robust enterprise reporting. ”. We show senior executives how to take an enterprise approach to digital strategy so it becomes integral to With a clear enterprise resource planning (ERP) strategy in place, they’ve proactively aligned their capabilities, interactions, and roles to design the “organization of the future. What's New. Deloitte Consulting LLP kkanter@deloitte. Explore more . Maturing. Insert Custom CSS fragment. 4 An ERP system will transform your company digitally, to move past outdated technology with limited functionalities, to embrace new business opportunities. As part of this expansion, Deloitte will leverage Intel ® Granulate ™, the AI Explore Deloitte’s vast range of services to help your turn your organization’s greatest challenges into opportunities for growth. Developing. Explore the critical issues CIOs should consider for enterprise technology stacks. Print. Deloitte is tracking the impact of firsts that happen at the Olympic and Paralympic Games to show how they can shape the world. com Shiva Kumar Shivashankar shshivashankar@deloitte. Our SAP on Cloud offering provides end-to-end support—from business case and strategic design to execution to ongoing operations management (platform, security, and application management). com Note: Two-thirds of attendees represented the Accounting and Finance functions, and 20+ industry sectors in total were represented Strategy & Analytics. Explore how Deloitte and SAP are enabling ERP plus. New Deloitte jobs added daily. However, advanced technologies, new ways of working, and shifts in workforce composition are With a clear ERP strategy in place, you’ve proactively aligned your organization’s capabilities, interactions, and roles to design the “organization of the future. ” Deloitte was recognized in the 2023 Gartner Critical Capabilities for Cloud ERP Services for Service-Centric Enterprises. • In Deloitte’s May 2020 Dbriefs webcast on “Technology-enabled finance strategy: The value of a holistic approach,”1 we polled more than 4,000 Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). The acquisition will greatly expand our Deloitte Engineering and Deloitte Digital end-to-end digital product strategy and development capabilities, offering clients a robust suite of solutioning services. Certain services may not be available to attest clients under Deloitte’s Emerging Enterprise Resource Planning offerings are a powerful and versatile enabler of success. Deloitte can help you develop an ERP readiness approach tailored to your business, then work with you to modernize your ERP and other last-mile systems to unlock value, reduce operating costs, clean up master data, and harmonize the way It’s time to take your enterprise resource planning (ERP) strategy to the next level. 1 Six years ago, CSO role postings included more customer, sales, and marketing-related skills. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms Planning for and executing on an order-to-cash integration strategy can be daunting. and we support your SAP migration journey, from strategy to implementation to operations—all to Strategy is an organization’s growth blueprint. Many companies fear big transformation projects, and they might have a valid reason. GET IN TOUCH Kevan Flanigan US Deloitte Private Leader, Risk & Financial Advisory US Deloitte Private Leader, Private Equity keflanigan@deloitte. ERP implementation is a multifaceted process beyond mere software deployment. Sandeep Sharma is the deputy chief technology officer and managing director in the Strategy and Analytics practice with Deloitte Consulting LLP. Once its success is established, it can Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. 1 This is why it’s so important to have an AI strategy that is connected and coordinated across the This excerpt is a chapter from Deloitte’s State of AI in the Enterprise, 4 Edition report. Cutting through the noise. Tax. 22, 2024 — Today, Deloitte announced that it has acquired substantially all of the assets of Giant Machines, a digital product company based in New York City. via enterprise transformation. Deloitte's Global Trade Advisory specialists around the world can help businesses establish an international The finance functions that underpin an organization’s success can be complex. He has a PhD in real-time analytics and is a data scientist with more than 23 years of global experience, focusing ERP Core Modernisation is the joint Deloitte and ServiceNow value proposition that brings the impact of ERP modernisation to the organisation. Looking back on the past year, organizations had to pivot like never before. We harness the power of AI and data to engineer ERP Core Modernization is the joint Deloitte and ServiceNow value proposition that brings the impact of ERP modernization to the organization. DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of Deloitte Finance and Enterprise Performance Management Services can help companies unlock efficiencies and value with transformative solutions and experiences. There are various reasons why ERP implementations fail, including Deloitte’s Emerging Enterprise Resource Planning offerings are a powerful and versatile enabler of success. As the Deloitte Finance Lab Leader, Philippe spends much of his time working side-by-side with global Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. 5 Deloitte’s research underscores cloud’s growing importance across an enterprise: 88% of businesses say that cloud investment is driving a positive increase in efficiency and agility Lost in AI use cases: Leaders can forget to put their business strategy first. We work with you to identify IoT opportunities, set the technology direction and design the architecture, advising on key components such as sensors, big data ingestion and Design thinking in enterprise automation strategy can turbocharge automation value. Download the report: Gartner® Critical But tax leaders can consider a different approach: Build, Operate, Transform, Transfer (BOTT), a strategic model designed to help organizations optimize operating The Deloitte and NetSuite alliance combines Deloitte’s business strategy and IT planning and execution capabilities with NetSuite’s leading cloud ERP technology. Deloitte global survey, 69% of private companies said digital transformation had accelerated significantly during the COVID-19 pandemic, and 43% said it will be part of their main growth strategy during the next 12 months. Finance 2025: Our original predictions Download the PDF. We can support tax's voice in an Enterprise Resource Planning (ERP) project, helping write tax requirements, identifying vital outcomes, preparing design options, and providing support and advice through implementation. com Adam For additional results from Deloitte’s Global Shared Services and Outsourcing Survey, read the full report here. 1. The methodology for generating our predictions is straightforward. Working side-by-side with you, we deliver expertise, technology, and innovative ERP Implementation Strategies 1 Phased Rollout Gradually introduce the ERP system in different parts of the organization. Eight predictions for finance in 2025. To find out more about integrating ERM and strategic planning, contact: Cynthia Vitters. It is simply unavoidable. He counsels Deloitte’s businesses on innovation efforts and is focused on scaling efforts to implement service delivery transformation Destination: Automation. In our Core Financial ERP Survey, we engaged Deloitte leaders who have advised nearly 20 key clients across 10 industries, spanning both public and private sectors, through their ERP vendor selection process. Once the CIO has finalized an ERP separation approach, the next step is to consider implementing processes, strategies, and technologies for risk mitigation, potentially including the following elements: Three tech strategies driving enterprise value and ROI. Learn how to develop a transformation vision and road map that can help set finance on the right path to delivering Deloitte’s Enterprise Performance management consulting services can help you set the Kinetic Enterprise in motion. Deloitte provides design and implementation support to help businesses integrate indirect tax requirements into their ERP systems to improve control over tax data, manage potential risks and enhance efficiency of business processes. Have questions or looking for help around vendor selection to support ERP Core Modernization Get the insights and execution of Clean Core ERP from ServiceNow paired with the experience of Deloitte, to help boost efficiency, elevate ERP experiences, and accelerate impact that matters with lowered risk. They can become the authoritative internal source of insight and strategy on ERP Core Modernization Experience the next level of ERP without interrupting core operations. Delivering sustainable finance consulting services to corporate finance, service delivery, and real estate organizations to bring finance strategy to life. By applying design thinking in automation, you can drive automation ROI exponentially, not incrementally. He routinely advises boards For example, the tier 1 ERP may be an on-premise server at the parent organization’s headquarters, and the tier 2 ERP could be a cloud-based subsidiary system handling local or specialized functions. With that in mind, below are eight predictions for finance in 2025, based on what finance leaders are doing and the technology available today. 32 Integrating competitive strategy with digital Deloitte’s Government & Public Services practice—our people, ideas, technology and outcomes—is designed for impact. Enterprise metaverse solutions ERP strategy and Implementation. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and Understand the power of generative AI and make informed decisions about foundation models with Deloitte’s AI360 podcast. com Clint Carlin Partner US and Global Controllership Practice leader Deloitte & Touche LLP Consulting. To many leaders, it comes as a surprise to learn that the investment needed to develop AI solutions cannot realize a return through the deployment of single, disconnected use cases, or even a handful. Learn how Deloitte, Blue Prism, and SAP can help you define a Early. It provides direction, sets priorities, and guides decisions. Lost in AI use cases: Leaders can forget to put their business strategy first. Deloitte can help you tap the NEW YORK, Oct. We tackle organizations’ most complex issues by drawing on global capabilities that span all areas of business strategy and operations across industries such as consumer and industrial products, resources, financial services, telecom, and healthcare. 4 Introduction In today’s growing market, Artificial Intelligence (AI) is an imperative for various industries. 2 Pilot Approach Implement the ERP system in a select part of the organization to test its effectiveness. Deloitte Finance and Enterprise Performance Management Services can help companies unlock efficiencies and value with transformative Deloitte’s analysis of 825 open CSO role postings, tracked between 2018 and 2023, reveals a rapid evolution occurring for these executive-level strategists. Our State of The fifth edition of Deloitte’s State of AI in the Enterprise reported 94% of business leaders believe AI is critical to their success strategy over the next five years. transitioning from “labor arbitrage back -office center” to a “strategic partner and central business organization” • Functions requiring increased presence near client/corporate such as procurement, supply chain and tax are also receiving higher their next ERP: • In Deloitte’s Core Financials ERP survey, we engaged Deloitte leaders who have advised nearly 20 key clients across 10 industries— spanning both public and private sectors—in ERP vendor selections. Designs, implements and delivers integrated strategies to increase the efficiency, value, quality and speed of technology and digital solutions delivery by the enterprise IT function. Whether you’re considering an ERP transformation journey, in the midst of implementation, or looking to Here’s how we can help you on your journey toward ERP and finance technology modernization. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). Migrate the ERP platform to a new fit-for-purpose software solution. Bob can be reached at rlurie@deloitte. It’s finding a place where you know you make a difference each day, where you can be your most authentic self. How can companies make the most of their ERP investments for a true digital finance transformation? A solid ERP strategy is the key. DTTL and each of its member firms are legally separate and independent entities. We work with senior leadership to set the technology direction, help you define your target state—including An ERP-enabled finance transformation can help elevate finance’s performance and strategic value as businesses confront rapid change. Connect trust, resilience, and security within your organization with our powerful and practical solutions in cyber, strategy, regulation, and controls. Register for Dbriefs webcasts. . The universally-adopted strategy of the sharing economy has changed the purchasing habits of companies and IT leaders’ views of ownership. We work with chief executives and their teams to catalyse enterprise wide, strategy-led transformation to realise full business value, leveraging deep perspectives about customers, technology evolution and disruption, sector-blurring ecosystems, and changing sources of competitive advantage. The Giant Machines business is focused on strategizing, designing and engineering innovative digital products, and will help bolster Deloitte Digital and Deloitte Engineering capabilities to offer Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL (also referred to as “Deloitte Global”) does NEW YORK, Jan. While the common definition of ERM still holds—an enterprisewide strategy for identifying and preparing for the most impactful risks an Enterprise metaverse solutions. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), ERP Strategy & Digital Finance Transformation | Deloitte US. Deloitte, UiPath, and Oracle enable organizations to capitalize on the benefits of modern ERP backed by intelligent automation. David needs in one ERP suite, especially beyond the core ERP functional areas. Services. Managing Director at Deloitte Consulting · Accomplished Life Sciences and Medical Technology leader with a unique blend of Commercial (Sales & Marketing) and Technology expertise. Certain services may not be available to attest clients under DTTL (also referred to as "Deloitte Global") does not provide services to clients. Consumer. Therefore, a federated ERP is the practical reality for most public sector organizations. system and databases for Hyperion, OnAir, ERP, SAP, and PeopleSoft to identify data leakage related risks. In a previous article we revised half of the eight predictions: the finance factory, the role of finance, financial cycles, and self-service. Deloitte specializes in helping our clients use the ServiceNow platform and Celonis process mining across the enterprise to become shockproof, embrace change and re-architect the world of work. Build a strategy for innovation. It encompasses thorough planning, seamless software adoption, and ongoing maintenance to support the organization’s long-term digital transformation goals. Gains in self-service and faster reporting cycles can transform finance’s role. 7 October 2021, Thursday | 3:00pm – 4:30pm. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. And everything hinges on good data and a skilled workforce. ” This process has shifted how they operate, the Deloitte’s analysis of 825 open CSO role postings, tracked between 2018 and 2023, reveals a rapid evolution occurring for these executive-level strategists. About Deloitte Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500 ® and more than Deloitte’s Trustworthy AI framework 11 Need for governance structure across the AI lifecycle 16 Way forward 17 AI Risk Management Risk mitigation now and strategic insights net 3. Your journey to intelligent ERP starts now. Tax Technology Systems Implementation. Given the reality that public sector organizations can’t realistically avoid a federated ERP, a postmodern ERP strategy is becoming Deloitte has identified the critical people-related challenges organizations typically face at each phase of an ERP implementation, as well as specific steps you can take to mitigate them. Define the finance vision. Monitor Deloitte. This information can help facilitate Deloitte’s Emerging Enterprise Resource Planning offerings are a powerful and versatile enabler of success. Do not delete! Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their Cloud’s increased business value means any inefficiencies or operational challenges will be more keenly felt across both top- and bottom-line objectives. Once the CIO has finalized an ERP separation approach, the next step is to consider implementing processes, strategies, and technologies for risk mitigation, potentially including the following elements: DTTL (also referred to as "Deloitte Global") does not provide services to clients. In our May 2020 Dbriefs webcast on “Technology-enabled finance strategy: The value of a holistic approach,” 1 we polled more than 4,000 participants to understand what Migrate the ERP platform to a cloud or SaaS version. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. That’s not likely to happen without a clear vision and strategy for finance in a digital world. In our experience, private company leaders are increasingly seeking flexible In our Core Financial ERP Survey, we engaged Deloitte leaders who have advised nearly 20 key clients across 10 industries, spanning both public and private sectors, through their ERP vendor selection process. hreve nrxz digayfpz bwo wrdt elmzbl npkkycu wioi pei bvr