SAP HANA-based Predictive Analytics for Financial Reporting

Optimized Financial Reporting with Predictive Analytics Solution on SAP HANA

Global Audit and Consultancy Company

Location:

USA

Cooperation period:

2008 - present

Industry:

Professional Services

Employees:

100,000+

About the Customer:

One of the leading audit and professional services firms that supports clients globally by providing a full range of consulting, risk management, legal, tax, and financial advisory services.

Executive Summary

Goal: Ensure precise, automated, coordinated expense anomaly detection, expense tracking, and policy compliance with advanced and predictive analytics.

Solution: SAP HANA-based predictive analytics solution.

Benefits: The client received state-of-the-art analytics software, which obliterates the necessity of relying on the legacy platform, ensures efficient processing of a large amount of information, and provides valuable data insights.

Services delivered: Predictive Analytics, Advanced Analytics, Smart Insights, SAP BI/BW development.

Optimized Financial Reporting with Predictive Analytics Solution on SAP HANA - Case Image

Business Challenge

  • Huge volumes of $10-20K expense reports could not be processed due to the reliance on a legacy Policy and Compliance platform.
  • Manual, fragmented and uncoordinated business processes could compromise expense tracking, expense anomaly detection, and expense policy compliance.

Solution

  • Infopulse developed an analytics solution to address a number of critical business compliance scenarios with SAP HANA Predictive Analytics.
  • Implemented and optimized complex algorithms to process large amounts of data from multiple sources using SAP HANA Predictive Analytics Library.
  • Internal audit teams gained valuable insights into hidden data patterns and trends difficult to discern with classical BI methods and tools.

Technologies

SAP BODS logo
SAP BODS
SAP HANA logo
SAP HANA
Tableau logo
Tableau
SAP HANA Predictive and Text Analysis logo
SAP HANA Predictive and Text Analysis

Business Value

  • SAP HANA-based advanced trending and predictive analytics solution helped Policy and Compliance auditors detect expense anomalies.
  • New analytical tools allowed for increased practitioner awareness and achieving the firm’s overall compliance goals.

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