CFOs and finance departments are evolving into strategic partners in business planning and reviews for large and mid-market organizations using SAP. They are shifting from merely providing historical reports to playing a key role in performing analysis (the ‘A’ in FP&A).

To achieve this, finance leaders need access to up-to-date financial data in SAP, the ability to combine that data with other trusted sources, and the capability to gain real-time, actionable business insights.

Current Challenges for CFOs and Finance Leaders

CFOs and finance leaders are grappling with a range of challenges that hinder their ability to make timely, data-driven decisions and drive business performance, including:

Static, inconsistent reports or spreadsheets
Manual data load and integration effort, and lack of real-time access to aggregated financial services data
Costly and slow integration of enterprise business data
Finance and other necessary data spread across many SAP and non-SAP data sources and business systems

Qlik provides a solution to these challenges by helping businesses accelerate their transition to modern SAP Financials analytics, enabling faster access to actionable insights, and kickstarting their SAP data integration and analytics projects.

How Qlik Helps Businesses Achieve Integration and BI Goals

Qlik’s Data Integration and Analytics Platform is ideally suited for businesses that need complex data modeling and real-time, actionable intelligence based on the most up-to-date information. It makes live production SAP data seamlessly available across diverse platforms and hybrid cloud environments to empower finance data users with SAP Financials reporting and analytics.

Key Capabilities of the Qlik SAP Financials Accelerator

The Qlik SAP Financials Accelerator empowers businesses to unlock the full potential of their SAP Financials data through advanced automation, integration, and AI-driven insights.

Expand access to SAP data by automatically creating and updating a cloud or on-premise data warehouse that contains SAP master and transactional source data
Automate the creation of analytics data models and associated code generation for SAP data transformation
Establish an intelligent analytics data pipeline enabling the reflection of dynamic business content and logic
Enable new insights and data science by allowing users to combine SAP Financials data with data from other trusted data sources
Augment user abilities with AI-powered capabilities such as conversational analytics
Notify users with intelligent alerts when anomalies occur or business exceeds critical thresholds

Benefits of the Qlik SAP Financials Accelerator

Delivering transformative benefits, the Qlik SAP Financials Accelerator enables businesses to:

Reduce implementation and testing time with pre-configured data integrations, business data models, and data analytics templates for P&L, Balance Sheets, Management KPIs, and Profitability Ratios
Speed up time to insights by minimizing the effort and resources previously spent on manual data integration and preparation
Empower your business analysts and data scientists by decoding SAP source structures into analytics-ready data marts with thousands of data attributes and up-to-date SAP Financials data
Enhance the granularity of your data available for finance transformation, internal audits, and tax planning
Provide near real-time executive reporting
Lower the total cost of ownership (TCO) with cloud scale and increased automation
Accelerate growth and profitability with active intelligence on P&L and expenditures that enables immediate action
Improve financial resilience with robust Balance Sheet analytics
Drive shareholder value with a unified set of Management KPIs & Profitability Ratios

Optimum and SAP Financial Reporting with Qlik

Our expertise in Qlik and SAP, combined with our consulting services, helps clients maximize their Qlik investment by delivering faster answers, deeper insights, and improved outcomes.

Our certified Qlik and SAP consultants are highly skilled experts who bring deep knowledge of both platforms and apply best practices from previous engagements to ensure the success of every implementation.

Accelerate adoption and ROI of your SAP and Qlik by maximizing your use of advanced capabilities and accelerators
Manage and mitigate your risk with our proven best practices for ensuring performance and scale
Evolve at your pace, establishing an engagement model and skills that fit your needs

Partnering with Optimum and Qlik empowers finance leaders to navigate the complexities of SAP Financials, seamlessly integrate trusted data sources, and transform up-to-date financial data into real-time, actionable insights using the Qlik SAP Financials Accelerator.

Learn more about the Qlik SAP Financials Accelerator