Customers to Have “Single Source of Truth” of Key Business Performance Metrics for Succeeding in Today’s Digital Economy
SAP SE recently announced the launch of the SAP® Digital Boardroom at its Philippines office in Taguig. The SAP Digital Boardroom is a planned breakthrough digital approach that aims to contextualize and simplify performance reporting across areas of business in real time. Built on the SAP® BusinessObjects Cloud solution, SAP Digital Boardroom is expected to utilize line-of-business data from the SAP S/4HANA suite and SAP HANA® Cloud Platform to provide a single source of truth about a company’s critical business metrics. This approach aims to help companies monitor and drive change in the digital economy.
“SAP Digital Boardroom gives senior management and C-Suite executives access to business data and analytics, allowing them to gauge their company’s standing in the market as compared to their competitors. Personal business information such as financial performance, customer count, supplier system and more can be viewed almost immediately with real-time content, which are needed for faster and better decision-making.,” said Ryan Poggi, Managing Director, SAP Philippines.
He continued, “The essential business intelligence has already been embedded in the system for better and faster reporting as it provides a holistic 360 degree view on the company’s business position in the market. Using the Digital Boardroom to address challenges in the digital economy, company executives can obtain comprehensive data-driven insights answering ad hoc questions and simulate the impact of “what-if” scenarios to financials and operations. Overall, it simplifies the boardroom process in terms of time and effort, leveraging real-time analytics to allow companies to effect decisions and Run Live across their value chain.”
“The SAP Digital Boardroom will enable an interactive board discussion, and give these senior decision – makers a simplified boardroom process, by allowing board members to analyze large volumes of data, and identify business risks and opportunities in real-time. This is a true business advantage all C-Suite executives need in the fast-moving digital economy,” said Scott Russell, President and Managing Director, SAP Southeast Asia.
When required to make highly informed business decisions, board members, executives and decision-makers are often faced with separate reporting solutions that present data in a static, isolated way. SAP Digital Boardroom aims to harmonize the view of company operations across all lines of business on multiple devices. This view enables users to understand the past, assist in predicting the future and conduct business successfully in today’s digital economy.
SAP Digital Boardroom is designed to deliver multiple customer benefits including:
-Total transparency: Standards-based reporting on financials, operations, marketing and sales are based on a single source of the truth, delivered in real time, with no data duplication.
– Instant data-driven insights: Powerful analytical exploration functions use a simple user interface to address ad hoc questioning and support improved decision-making.
– Simplified Boardroom processes: An intuitive user interface enables natural interactions based on a single-screen experience. It is delivered through a modern touch-screen experience, whether using a projector, a laptop or a wearable device. Rich visualizations of live data eliminate static presentations. New collaboration features assign and track action items even outside of scheduled meetings.
Redefining Analytics in the Cloud and On Premise
Building on SAP’s commitment to deliver ongoing innovations to existing analytics solutions delivered on premise and in the cloud, SAP BusinessObjects Cloud solution represents a new software-as-a-service (SaaS) offering. It brings together all analytics features into one solution for a unique user experience.
Content from different business areas (e.g. Finance, Marketing, HR) can be aligned on a single semantic model within the SAP BusinessObjects Cloud – leveraging the core services. It can be directly connected to local SAP S/4HANA, SAP HANA, and SAP BusinessWarehouse platform content, or other data sources through either Smart Data Integration, or HANA Cloud Integration.