Inside Insights: Modernizing FP&A with SAP Analytics Cloud with Nick Verhoeven

In this 2nd part of a 2-part series of Tech-Driven Business, Nick Verhoeven, Solution Manager for Planning & Analytics at SAP, rejoins Mustansir Saifuddin to dive into how SAP Analytics Cloud's seamless integration between planning, reporting and predictive capabilities is modernizing FP&A strategies. SAP Analytics Cloud continues to reshape business analytics and strategy. His key takeaway? With continuous technology developments, make sure you have a vision and then see how technology can help you achieve it. 

As solution manager at SAP, Nick's role is to align the different functions within the company. Customer engagements, analyst relations as well as supporting the internal controlling functions are the main drivers of the role that spark enthusiasm in Nick and steer the solution in the right direction. Nick’s discipline stemming from professional sports is his main strength, helping him drive enterprise engagements however sluggish processes might be.

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Episode Transcript:

[00:00:00.260] - Mustansir Saifuddin

Welcome to Tech-driven business brought to you by Innovative Solution Partners. Nick Verhoeven, Solution Manager for Planning and Analytics at SAP, rejoins me to dive into how SAP Analytics Cloud's seamless integration between planning, reporting, and predictive capabilities is modernizing FP&A strategies. SAP Analytics Cloud continues to reshape business analytics and strategy.

 

[00:00:37.390] - Mustansir Saifuddin

Welcome back, Nick, to Tech-driven business.

 

[00:00:39.830] - Nick Verhoeven

Thank you, Mustansir. I'm happy to be here.

 

[00:00:43.670] - Mustansir Saifuddin

Well, thank you, Nick. It's been an amazing session we had last time. Really enjoyed the discussion. And for our conversation today, I'd like to give a little background on what we talked about last time. We were looking on the surface of what planning is and what planning brings to SAC, especially in the analytics space. You are bringing both the planning capabilities and analytics together in the SAC platform. So what I would like to do today is I would like to start our conversation with taking it a step further. A lot of times, customers look at things where they are looking at, What benefit does it bring to me? What do I get out of this tool? So if I want to go and bring on planning capabilities of SAC, and how does it compare to other planning tools in the market? How does that sound to you?

 

[00:01:44.810] - Nick Verhoeven

I think that's great. I always look forward to a bit of a deep dive in SAC and cloud, so let's do it.

 

[00:01:51.060] - Mustansir Saifuddin

Awesome. Let's start with the most obvious thing. Whenever you look at any planning tool, you look at features. So what are some of the key features of SEL that elevates it compared to other planning tools in the market? What's your take on that?

 

[00:02:08.510] - Nick Verhoeven

Well, that's a good one, Mustansir, but if I look at it, so this is my perspective, what I think is unique to the experience cloud is the flexibility in an enterprise setting. So what do I mean? What I mean by that is that with its integration to SAP systems and non-SAP systems, using commonly ac