SAP Central Finance Exchange: Customer Insights 2019

In June 2019, Magnitude SourceConnect, TruQua, and SAP collaborated to host the annual Central Finance Exchange. This year’s event in New York City included 40 finance and IT professionals across 11 companies all using SAP S4/HANA Central Finance. Attendees were given the opportunity to share their experiences relating to their SAP Central Finance deployments in addition to their upcoming plans for future innovation.

Prior to the SAP Central Finance Exchange, invited attendees were encouraged to participate in a pre-workshop survey around their corporate landscape and business priorities to help drive productive conversations at the event.

Key findings

  • 100% of surveyed customers identified having non-SAP systems in addition to their SAP systems
  • 89% of surveyed customers have already integrated their non-SAP data into Central Finance (learn how Magnitude SourceConnect can help with this)
  • Oracle and JD Edwards were listed as the most prominently used non-SAP sources
  • Key objectives that ranked the highest among the group included Cross-Entity Reporting, Single Source of Truth (100%), Process Standardization (78%) and an Advanced Finance Data Model (100%).

View the full survey findings in the infographic below or in the blog “Central Finance Exchange Customer Survey: Key Business Objectives and Priorities of leading SAP Central Finance Customers,” posted by our partner Truqua.

Interested in learning how to integrate non-SAP ERP data into your SAP S/4HANA Central Finance implementation? Magnitude SourceConnect can help! Request a demo