{"id":134982,"date":"2023-10-24T16:03:22","date_gmt":"2023-10-24T15:03:22","guid":{"rendered":"https:\/\/news.sap.com\/uk\/?p=134982"},"modified":"2023-10-25T13:59:59","modified_gmt":"2023-10-25T12:59:59","slug":"bt-group-reaps-the-rewards-as-sap-powers-finance-transformation","status":"publish","type":"post","link":"https:\/\/news.sap.com\/uk\/2023\/10\/bt-group-reaps-the-rewards-as-sap-powers-finance-transformation\/","title":{"rendered":"BT Group Reaps the Rewards as SAP Powers Finance Transformation"},"content":{"rendered":"

Cloud-based SAP S\/4HANA enables BT Group to retire legacy finance platforms to deliver annualised savings in FY24<\/em><\/p>\n

LONDON <\/em><\/strong>\u2014 SAP SE<\/a> (NYSE: SAP) today announces that BT Group<\/a>, one of the world\u2019s leading communications services companies, has gone live on SAP S\/4HANA<\/a> to transform its ERP operations in the cloud.<\/p>\n

It\u2019s a move that strengthens the existing partnership between the two companies, enabling BT Group to retire 11 legacy finance platforms and benefit from millions of pounds worth of annualised savings. It also showcases the value of RISE with SAP<\/a>, SAP\u2019s tailored-to-fit cloud ERP solution, in delivering business-wide transformation at scale.<\/p>\n

The deployment forms part of BT Group\u2019s multi-year digital transformation journey to enhance its operations and build better colleague experiences. A partner since 2019, SAP has supported BT Group with its modernisation programme, providing smart, streamlined finance operations under its Making Finance Brilliant <\/em>initiative. At the same time, SAP has enhanced BT Group\u2019s colleague and customer experiences through the creation of a new \u2018MyHR\u2019 platform, powered by SAP SuccessFactors.<\/p>\n

Now, BT Group runs SAP S\/4HANA to take its Making Finance Brilliant <\/em>initiative to the next level. It unites its finance data, reports and accounts, and powers its Business, Openreach and group finance operations in the UK.<\/p>\n

The partnership also sees BT Group add SAP Business Network<\/a> to its robust SAP portfolio, following its onboarding of SAP SuccessFactors<\/a>\u00a0\u00a0as part of its commitment to enhance its workforce experience via the creation of its \u2018MyHR\u2019 platform. These deployments form part of the strategic transformation of its digital HR capabilities, transforming learning,\u00a0talent acquisition<\/a>\u00a0and management of contingent workers. It helps BT attract talent as well as enabling career development and workforce planning.<\/p>\n

\u201cThe last couple of years have shown the necessity of being able to move fast and be agile to changing circumstances without disrupting either the customer or colleague experience,\u201d said Jay Doshi, MD, Corporate Units, Digital at BT Group<\/strong>. \u201cWith our new SAP deployment adding to our existing portfolio, we can remove the complexity from our finance processes, allowing simplifying finance operations across the Group, reducing costs, boosting productivity and deepening the insights we can access to inform wider business strategy. Our teams will now reap the rewards as our strategic transformation programme drives a new digitally-enhanced experience.\u201d<\/p>\n

Ryan Poggi, Managing Director of SAP UKI added<\/strong>, \u201cBT Group has a long history of connecting the world through the power of telecommunications. As it undergoes its programme of transformation, our cloud-based solutions will place data at the heart of strategic decision-making, driving operational efficiencies and enabling innovation at scale.<\/p>\n

\u201cWith immediate savings, and wider benefits in productivity and performance, our services can scale to meet and deliver against BT Group\u2019s transformation ambitions. That\u2019s why we\u2019re the only choice for organisations, of any size, that wish to modernise their ERP and stay resilient to the challenges that may come.\u201d<\/p>\n

About BT Group<\/strong><\/p>\n

BT Group is the UK\u2019s leading provider of fixed and mobile telecommunications and related secure digital products, solutions and services. We also provide managed telecommunications, security and network and IT infrastructure services to customers across 180 countries.<\/p>\n

BT Group consists of three customer-facing units: Consumer serves individuals and families in the UK; Business* covers companies and public services in the UK and internationally; Openreach is an independently governed, wholly owned subsidiary wholesaling fixed access infrastructure services to its customers – over 650 communications providers across the UK.<\/p>\n

British Telecommunications plc is a wholly owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on the London Stock Exchange.<\/p>\n

For more information, visit www.bt.com\/about<\/a><\/p>\n

About SAP<\/strong><\/p>\n

SAP\u2019s strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: SAP customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers\u2019 businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want \u2013 without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people\u2019s lives. For more information, visit www.sap.com<\/a>.<\/p>\n

Note to editors:
\n<\/strong>To preview and download broadcast-standard stock footage and press photos digitally, please visit www.sap.com\/photos<\/a>. On this platform, you can find high resolution material for your media channels.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cloud-based SAP S\/4HANA enables BT Group to retire legacy finance platforms to deliver annualised savings in FY24.<\/p>\n","protected":false},"author":29,"featured_media":134983,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"related_posts":[],"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2606862,7771,5593039,5593040],"tags":[10,33,5592923,53145],"sapn-display":[45149,5593035,5593033,45027],"sapn-type":[4446],"class_list":["post-134982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cloud","category-customer","category-erp","category-financial-management","tag-cloud","tag-finance","tag-risewithsap","tag-sap-s4hana","sapn-display-homepage-hero","sapn-display-news-hero","sapn-display-news-spotlight","sapn-display-hero","sapn-type-press-release"],"yoast_head":"\nSAP Powers Finance Transformation at BT Group - SAP UK News Center<\/title>\n<meta name=\"description\" content=\"Cloud-based SAP S\/4HANA enables BT Group to retire legacy finance platforms to deliver annualised savings in FY24. 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