SAP IFRS Starter Kits Customer Facing Presentation Apr 09

Introduction to starter kitsFaster legal compliance – reduce implementation times

April 2009

© SAP 2009 /

Solutions for business performance optimization

Business Intelligence Platform

Governance, Risk, and ComplianceEnterprise Performance Management

Information Discovery and Delivery

InformationManagement

TextAnalytics

Search Predictive Real Time In-Memory

OnlineContent

PartnerContent

MultimediaFiles

PersonalData

UnstructuredData

Governance Risk Management Controls and Compliance

Strategy Management Planning Operational Analysis Management & Statutory Reporting Profitability & Cost Management

© SAP 2009 /

Agenda

1. Starter kits and the problem they solve

2. Benefits to partners when using starter kits

3. Customers benefit from starter kits

4. Starter kits overview

5. Summary and next steps

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Starter kits and the problem they solve

Implementation time and costPain: Time-consuming application set-up Re-inventing the wheel during each implementation Non optimal usage of time and resources Flexibility is paid for through extensive set-up

Compliance with financial standards and regulationsPain: Increased risks associated with changing financial regulations Dynamic regulatory landscape Significant time and resources spent on complying with global and local standards Insufficient financial standards expertise within the organization

Exploiting the applications’ full potentialPain: Miss the ability to fully leverage their consolidation application Lack of essential skills and knowledge on functional and technical product best practices Pay-offs as a result of time and resource constraints Poor execution of related business processes

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Agenda






© SAP 2009 /

Benefits for partners when using starter kits

Heather:

Can we modify as per the

Intercompany one.

Heather:

Can we modify as per the

Intercompany one.

Opens the door for other consulting projects

Strategy and Management Consultants and systems integration companies

Consolidation discussion is typically at the controller level

Leverage starter kits to open up discussion around broader solutions e.g. IFRS compliance, process control integration

Opportunity for business consulting which commands much higher margins

Opportunity for broader solutions for Office of the CFO/Finance – always at CFO level

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For you as a Partner

Elevate Customer Relationship for longer term relationships Business consulting and transformation capabilities Helping clients develop a vision and broad EPM roadmap that

will lead to a long relationship Process Re-Engineering Opportunities – typically with

Executive Level visibility

Improved Time-to-Value for your customers Speed of implementation – packaged product with great

deal of flexibility vs. custom build More projects in less time – opens the door for

further billable opportunities Bringing value-added content to speed time-to-value

Strategic Focus on SAP Allows you to revisit existing implementations

(and other competitive vendors) which are not delivering value Drive revenue for migration services Develop expertise in SAP EPM to capitalize on

opportunities as SAP grows market share Engage with the larger SAP ecosystem

© SAP 2009 /

Agenda






© SAP 2009 /

Starter kitsSelect customers

Internal Use OnlyInternal Use Only

MOBSAT

DeutschGroup

© SAP 2009 /

Agenda





4.1 Fast implementation

4.2 Rapid and trusted legal compliance

4.3 Comprehensive scope


© SAP 2009 /

Fast implementation Pre-packaged content reduces implementation

times by up to 80%

Dynamic configuration enables easy customization to specific requirements

Complete, generic reference implementation

Rapid and trusted legal compliance Embedded expertise in meeting financial

regulations including best practice in financial consolidations and internal controls

Detailed process guidance for business users

Comprehensive scope IFRS/GAAP specific chart of accounts

Pre-configured IFRS/GAAP consolidation rules, controls, and calculations

Publishable financial statements

Starter kits

Faster legal compliance – reduce implementation timesFaster legal compliance – reduce implementation times

© SAP 2009 /

Available Starter Kits The following starter kits are currently

available:

Fast implementation

Pre-packaged content reduces implementation times by up to 80%Pre-packaged content reduces implementation times by up to 80%

Application Starter kit

SAP BusinessObjects Planning and Consolidation, version for the Microsoft platform

IFRS

SAP BusinessObjects Financial Consolidation IFRS

SAP BusinessObjects Financial Consolidation US GAAP

© SAP 2009 /

Fast implementation

Minimum use of hard coding facilitates the integration of custom accounts

Account behavior defined using properties throughout the configuration

Property initialization in configuration elements

Consolidation rules configured using properties or filters

Collection controls based on parent accounts or account properties

Dynamic configuration enables easy customization to specific requirementsDynamic configuration enables easy customization to specific requirements

© SAP 2009 /

Fast implementation

Contain all elements for performing, validating and publishing the consolidation

Generic Chart of Accounts with the most common accounts used by customers

Input schedules

Data entry controls

Business rules and calculations

Control and audit reports

Publishable financial statements

Complete, generic reference implementationComplete, generic reference implementation

© SAP 2009 /

Regular updates assure compliant and relevant starter kits Internal regulatory experts

Continuous financial surveillance

Best practices in consolidations Automatic cash flow statement calculation

Scope changes (M&A)

Embedded product and configuration best practices Optimal performance

Facilitated customer enhancement

Better usability

Rapid and trusted legal compliance

Embedded expertise and best practicesEmbedded expertise and best practices

© SAP 2009 /

Rapid and trusted legal compliance

Business Process Flows* guide through each step of the consolidation process

Data collection

Preparing and running the consolidation

Reports and analysis

End-user documentation assist the business user in entering and processing data

Data entry

Consolidation process

Detailed process guidance for business usersDetailed process guidance for business users

*Available for SAP BusinessObjects Planning and Consolidation, version for the Microsoft platform

© SAP 2009 /

Comprehensive scope

Generic Chart of Accounts with the most common accounts used by customers

Optimized for custom enhancements

Open for verticalization

Starter Kit for IFRS

Balance sheet in current / non-current format

Income statement classified by function

IFRS/GAAP specific chart of accountsIFRS/GAAP specific chart of accounts

© SAP 2009 /

Comprehensive scope

Consolidation processing Full, proportionate and equity method

Scope changes and rate variations

Mergers and acquisitions

Changes in consolidation method

Extensive set of automatic business rules

Intercompany eliminations

Goodwill booking (on manual declaration)

Elimination of shares

Currency translation reserves calculation

Calculation of non-controlling interests

Pre-configured IFRS/GAAP consolidation rules, controls, and calculationsPre-configured IFRS/GAAP consolidation rules, controls, and calculations

© SAP 2009 /

Comprehensive scope

Analysis and audit trail

Audit IDs for tracking data origin

Linked accounting reports for quick, exhaustive data analysis

Balances

Ledgers and general ledgers

Breakdown reports for detail by account, flow, partner, reporting unit etc.


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Comprehensive scope

Control and validation

Preventive collection controls for validation of entered data

Consolidation dashboard gives an at-a-glance overview of the consolidation process

Control and validation reports for the analysis and validation of consolidated data


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Comprehensive scope

Key financial statements ready for publishing

Instant audit trail through drill down and link to audit reports

Starter Kit for IFRS

IAS 1 Financial Statements

Balance Sheet

Income Statement

Cash Flow Statement

Calculated automatically from balance sheet flows and income statement items

Statement of Changes in Equity

Publishable financial statementsPublishable financial statements

© SAP 2009 /

Comprehensive scope

Excel-based templates for use with SAP BusinessObjects XBRL Publishing

Ready-made templates pre-mapped with IFRS and US GAAP taxonomies

10Q and 20F formulas with financial statements

Balance Sheet

Income Statement

Cash Flow Statement


Tagging of XBRL elements, contexts, and units

Full compliance with the latest XBRL standards and taxonomies

Publishable financial statementsPublishable financial statements

© SAP 2009 /

Fast implementation Pre-packaged content reduces implementation times by up to 80% Dynamic configuration enables easy customization to specific requirements Complete, generic reference implementation

Comprehensive scope IFRS/GAAP specific chart of accounts Pre-configured IFRS/GAAP consolidation rules, controls, and calculations Publishable financial statements

Summary

Saves implementation time – by leveraging a pre-configuration responding to all of the most common requirements

Confidence and corporate compliance – with reliable data for legal reporting and management decisions

Optimized configuration – pre-built based on product best practices leaving focus on value-adding customer enhancements

Benefits

Rapid and trusted legal compliance Embedded expertise in meeting financial regulations including best practice in financial consolidations and internal controls Detailed process guidance for business users

Specific starter kit content examples

SAP BusinessObjects Planning and Consolidation Starter Kit for IFRS

© SAP 2009 /

Business Process Flows

Data collection

Preparing and running the consolidation

Reports and analysis

IFRS Data Input & Control

CoA with most common BS and IS accounts

Input schedules for data entry or data import

Control reports for validation of collected data

Consolidation Processing

Full, proportionate and equity method


Extensive set of automatic business rules

SAP BusinessObjects Planning and ConsolidationStarter Kit for IFRS

Data collection, control and data processingData collection, control and data processing

© SAP 2009 /

Analysis & Audit Trail

Dynamically formatted accounting and analysis reports leverage native drill down

Audit IDs for tracking data origin

IAS 1 Publishable Financial Statements

Balance Sheet (current/non-current format)

Income Statement (by function)

Cash Flow Statement (generated automatically)


Segment information

XBRL Templates

Excel templates pre-mapped with IFRS taxonomy

SAP BusinessObjects Planning and ConsolidationStarter Kit for IFRS

Analysis, audit trail and publishing of financial statementsAnalysis, audit trail and publishing of financial statements

Specific starter kit content examples

SAP BusinessObjects Financial Consolidation Starter Kit for IFRS

© SAP 2009 /

IFRS Data Entry & Collection Controls

CoA with most common BS and IS accounts

Complete data entry package

Preventive controls blocking invalid data

Consolidation Processing

Full, proportionate and equity method


Elimination of IC reciprocal operations

Elimination of provisions & dividends

Elimination of gain/loss on disposal of assets

Goodwill booking (on manual declaration)

Elimination of shares

Calculation of the currency translation reserves

Calculation of non-controlling interests

SAP BusinessObjects Financial ConsolidationStarter Kit for IFRS

Data collection, control and processingData collection, control and processing

© SAP 2009 /

Monitoring and Controlling

Accounting and analysis reports

Smart links between reports for quick drill down to detailed data

Audit IDs for audit trail

IAS 1 Publishable Financial Statements

Balance Sheet (current/non-current format)

Income Statement (by function)

Cash Flow Statement (generated automatically)


Segment information (area and activity)

XBRL Templates

Excel templates pre-mapped with IFRS taxonomy

SAP BusinessObjects Financial ConsolidationStarter Kit for IFRS

Analysis, audit trail and publishing of financial statementsAnalysis, audit trail and publishing of financial statements

SAP IFRS Starter Kits Customer Facing Presentation Apr 09

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Transcript of SAP IFRS Starter Kits Customer Facing Presentation Apr 09