msg Plaut Whitepaper

 The digital economy and recent technological advances are changing the nature of the insurance business: the trend is towards risk minimisation and prevention, instead of financial compensation. Important factors in this are also current topics such as social media or the Internet of Things. These technologies provide data that, thanks to the insights gained from them, enable insurers to be closer to their customers than ever before, to improve product and service offerings, to offer new insurance models and to better deal with risks. Targeted customer segmentation, speed to market with product agility and integrated risk and finance are key levers. With S/4HANA, SAP has introduced many innovations for the insurance industry, enabling legacy environments to be transferred to modern, connected platforms. This makes it possible to adapt to new market realities faster and better.
We look forward to being able to provide you with optimum support. msg Plaut used specific areas of application to demonstrate the benefits and possible uses of S/4HANA for the new challenges in the insurance sector. The range of possible applications extends from reporting and user experience to implementation in the system landscape. It is intended to help you identify which aspects of benefit are particularly value-adding for your company and your very specific tasks, and to support you in your decision to switch to S/4HANA.

S/4HANA offers in particular companies that are active in several countries the optimisation and transnational design of business processes. In doing so, it is important to support both the requirements of the group headquarters and the specific strengths of the national companies. The mapping of all core processes in a company template and the country rollout with consideration of legal requirements require a high degree of experience and knowledge of local specifics. The organisation and management of these rollouts is crucial. Standards should be implemented in the best possible way so that in the end a uniform and coordinated system delivers the expected benefits. This opportunity can only be seized if it is possible to implement the advantages of S/4HANA close to the standard on the basis of clear guidelines and a focus on the highest possible degree of uniformity.

msg Plaut has decades of experience in the rollout of SAP systems and is able to quickly achieve its goal with a central project team and local consulting teams working in parallel. This whitepaper gives you concrete recommendations for action and suggestions for the organization and implementation of worldwide SAP S/4HANA rollouts.

Financial Leaders are constantly looking for ways to improve the way they evaluate new business models and strategies, support the business and optimise the financial sector. The right tools play a crucial role in this.

With S/4HANA, SAP has presented a new generation of this solution, which is intended to meet the changed requirements of management, particularly as a result of digitalisation and the often disruptive innovation. With this whitepaper, msg Plaut has created an information and discussion basis when it comes to answering three essential questions

• "When should we switch over?"
• "Why should we change over?" and
• "How does the transition go?"

msg Plaut thus combines the business management competence in the evaluation of investments with the help of the msg Plaut Benefit Matrix with the know-how about the concrete tools and steps for the transformation. We hope that this whitepaper will provide you with a guideline for the development of the roadmap for the changeover to S/4HANA, which will help you to take the next steps and start your project successfully.