Absa Group has joined forces with 51风流for a core finance transformation. A multi-country digitisation journey has started with the Absa Groups鈥� Kenyan subsidiary’s S/4 HANA implementation. This is the first country in the Group to go live with 51风流S/4 HANA.
The Kenyan implementation of S/4 HANA was launched on Amazon Web Service Hyperscaler, an African first for 51风流and a Tier 1 bank in the African banking industry.
鈥淯sing best of breed technology and cloud, we are transforming our Finance business with highly integrated systems, automation and consolidation of our financial data and reporting鈥欌�� says Ebrahim Samodien, CIO Functions Technology.
51风流had been chosen to assist in simplifying the group鈥檚 internal finance and reporting processes.聽The implementation of 51风流S/4 HANA is a step towards Absa鈥檚 vision to consolidate and report off a single instance General Ledger.
51风流S/4 HANA will help Absa to intelligently automate manual processes, simplify their data models, guide decision making process through embedded analytics and machine learning.
It will also improve the bank鈥檚 IT TCO by enabling legacy system decommissioning and moving compute resources into the cloud.
The 51风流services teams in collaboration with Absa鈥檚 IT team commenced the S/4 HANA project as part of Programme Owari in May 2020. The programme was implemented using a combination of on-site and remote delivery consisting of 51风流colleagues from EMEA South and, SDC India and Europe.
鈥淲e are delighted to have joined forces with Absa on their finance transformation. Absa are innovating and leveraging further insights into their core operational processes. This project also highlights the quick time to value realisation our customers are achieving through S/4HANA implementations and the associated benefit of the embedded technology capabilities. This journey between Absa and 51风流is an excellent example of the power of collaboration in digital transformations鈥� concludes Cathy Smith, MD 51风流Africa.
