why sap business bydesign’s financials is accountant’s and … · 2019. 7. 3. · mexico...

Why SAP Business ByDesign’s

Financials is accountant’s and

partner’s best friend

Dan Youngers, Andy Cannon, SAP

June 20th, 2019

Internal | SAP Employees and Partners OnlySMB Innovation Summit 2019

2Confidential: Released for Partners© 2019 SAP SE or an SAP affiliate company. All rights reserved. ǀ

Intro and Overview of Scope

Accountant’s Perspective

▪ Reporting across companies, parallel accounting

▪ Compliance

▪ Management accounting

Partner Perspective

▪ Implementation

▪ Extension

▪ Ecosystem

Agenda

Accountant’s best friendAccounting, compliance, profitability


SAP Business ByDesign provides operative and management Financials, as

well as compliance Financials.

Company

Liq

uid

ity

Man

ag

em

en

t

Co

ntr

oll

ing

Acco

un

tin

g


35%

SMB’s are world’s away from simple.

64%Customers are running

multiple countries

in ByD

Customers are running

more than one company

in ByD

Local GAAPs, group GAAP

(Parallel Accounting),

e.g. IFRS 15, ASC 606

Multiple Currencies

Local specifics for compliance

One reporting across

companies

Processes across companies

Shared services


Multi-GAAP Reporting using sets of books.

Business

Transaction Company

Set of Books US-GAAP

Set of Books French GAAP

$

€

HQ US Branch

Nice

✓

Local &

Group

Rep.

✓

Group

Rep.

✓

Local

Rep.


Australia

Austria

Belgium

Canada

China

Denmark

France

Germany

India

Israel

Italy

Japan

Mexico

Netherlands

New Zealand

Spain

South Africa

Switzerland

United Kingdom

United States

Remarks: (*) SAP’s pre-localized countries can be scoped and in which SAP offers partial localization features. The content delivered differs

for each country. For more information, please contact [email protected].

(**) SAP Business ByDesign Partner localization includes partner solution and SAP pre-localized countries

Algeria

Chile

Colombia

Costa Rica

Egypt

Estonia

Finland

Greece

Honduras

Indonesia

Ireland

Kenya

Kuwait

Latvia

Lithuania

Luxembourg

Malaysia

Morocco

Nigeria

Norway

Philippines

Poland

Portugal

Qatar

Romania

Saudi Arabia

Singapore

South Korea

Sweden

Taiwan

Thailand

United Arab

Emirates

SAP Business ByDesignSAP Supported Country Versions

SAP

Standard

Localization

(20)

53 (*)

countries

SAP Partner

Localization(**)

& Pre-

Localized

Countries (*)

(33)

See also the capabilities page:

https://www.sap.com/products/business-bydesign/features.html

mailto:[email protected]

https://www.sap.com/products/business-bydesign/features.html


ByDesign Customers Stories with an Internationalization Strategy

• Before: Manage organic growth plus mergers and acquisitions

leading to a heterogeneous IT landscape that required consolidation

to form a foundation for the future and establish transparency

across the company

• After: Improved processes and streamlined financials, with half

year closing down from 1 month to less than 2 weeks

• Before: Need for transparency and the timely exchange of data and

information among subsidiaries.

• After: Improved business relationship with its Japanese subsidiary,

using the same system and a single source of truth to access and

analyze data


▪ Segregation of duties

▪ Approvals

▪ IFRS / US GAAP with constant delivery on changes, like IFRS 15 / AC 606 , GDPRs

▪ Country content for local compliance

Built-in compliance


▪ Wholistic functionality for the Finance department for liquidity, business management and

accounting.

▪ One tenant holds a whole company group, allowing company-wide business reporting out of

the box.

▪ 53 country versions available.

▪ True parallel accounting offering figures for same operations by different GAAPs, different

currencies.

▪ Compliance offered out-of-the box for localized countries and IFRS GAAP, plus “built-in

compliance” principles.

▪ Management accounting driving decisions and explaining business.

Recap: SAP Business ByDesign is Accountant’s best friend.

Partner’s best friendImplementation, extension, eco system


Configuration and Master Data

Implementation methodology for the cloud: SAP Launch

PREPARE REALIZE VERIFY LAUNCH

Go Live

…

Integration Preparation

Solution Design

Project Management

…

Cutover Planning

Solution Walkthrough

Solution Configuration

Project Team Enablement

Solution Adoption

…

Cutover Execution

Data Migration

Solution Testing

Integration Setup

indicates other streams can be plugged into the methodology…

Readiness Acceptance

Solution Acceptance

Project Verification


SAP ByDesign Platform – Example: SAP ByDesign Financials

SAP Business ByDesign

Payment

Processing

Cash

Management

Customer Invoice API

Journal Entry Voucher API Analytics APIs

Supplier Invoice API

Accounting

Tax

Management

Customer

Invoicing

Due Item

Processing

Financial Notification API

Analytics APIs

Supplier

Invoicing

Connect

external Order Management

and run customer invoicing

in ByD Financials

Connect external Customer Invoicing

and run due item processing,

tax management and accounting

in ByD Financials

Connect

external Payroll Solutions

and post accounting documents

in ByD Financials

Connect

external Financial

Consolidation

Connect

Digital Boardroom


▪ Ease of implementation by predelivered methodology, content selection and settings speaking

business language, predelivered content.

▪ Ease of extension using field extensibility, SAP Cloud Application Studio (“PDI)” and integration

(“openness” by SOAP interfaces and ODATA services.

Interfacing at different levels.

▪ Ecosystem providing add-ons, localizations and dedicated services.

Recap: SAP Business ByDesign is partner’s best friend.

Thank you.

Contact information:

Dan Youngers

ByDesign Solution Expert

+1 (650) 390-1058

[email protected]

Andy Cannon

ByDesign Solution Expert

+1 (604) 974-2921

[email protected]

Gamification Challenge Code

9TGNY9By entering this Micro Session

code you will be granted 15 points

5 5 5

why sap business bydesign’s financials is accountant’s and … · 2019. 7. 3. · mexico...

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