New to the role as SAP regional CFO for Middle & Eastern Europe, I’ve had a lot of topics to deal with. The role is certainly something I’m excited about. As an introduction, I’ve held a number of roles in SAP since I joined the company in 2008, including holding responsibility for various positions in Global Controlling and also Strategic Risk Management. Even so, what I’ve quickly come to appreciate are the variety of topics I’m now facing that I’ve never worked with in the past.
In addition to learning these topics, I’m learning a new rhythm the demands of the CFO role brings. I’m discovering areas where new processes could be applied to help our organization run more efficiently – a seemingly endless quest. It’s clear how as our different systems evolve, making better use of data and analysis, new processes arise to introduce new and better business benefits. What was cutting-edge only a few years ago has been improved on, and raises questions on who’s accountable for which areas – which maybe were clear two years ago, but are murky now.
We talk a lot about transformation with respect to customers, and inside SAP we have a number of transformation projects underway. The finance organization’s move to SAP S/4HANA brings not just an increase in speed, but a myriad of other improvements that’ll affect my work. Harmonization of processes, real-time insights from the board, improved risk exposure visibility – these are just a few of the area that I’ll enjoy.
While technology has long been a fast-changing area, it feels like we’re in a golden era, when so many things are coming together – big data, mobile, analytics, cloud. While so much has changed over the past several years, the coming years will bring even more amazing developments. I’m looking forward to sharing the perspective of their impact on and potential for the finance department and other CFOs.