SAP | A New Paradigm for Financial Control in the Era of Globalization

日期 2025-03-11 |Industry News

At the “SAP Global Operations Summit” held in Shenzhen in March 2025, Liao Shanqing, Senior Manager of Financial Consulting at Hand Global Business Unit, delivered a presentation titled “Case Study Sharing of Financial Control for Chinese Enterprises Going Global” in a breakout session, systematically elaborating on the digital control system built by Hand based on the SAP DRC solution.

Core Solutions and Practical Value

1. Localization Tax and Compliance Engine
Targeting scenarios such as electronic invoicing in Mexico and the EU GDPR, Hand has achieved end-to-end digital management of online and offline documents through the SAP DRC solution. A vehicle manufacturing enterprise saw a 35% improvement in related-party transaction reconciliation efficiency and a 40% reduction in document processing costs after adopting this solution. Supporting over 150 national tax and financial interfaces, the solution enables automated tax data collection through standardized XML file transmission.

2. Intelligent Chart of Accounts System
Developed by Hand based on SAP best practices, this system adopts a three-layer architecture of “organizational information + business information + auxiliary accounting” to achieve multi-standard adaptation. A footwear and apparel enterprise shortened its cross-border consolidated financial statement preparation cycle from 7 days to 2 days after adopting this system. The built-in parallel ledger functionality supports dual-track operations under Chinese accounting standards and IFRS, meeting the fiscal year variable requirements of 48 countries.

3. Integrated Business-Finance Decision Hub
Based on the H-G-D global implementation methodology, Hand has built a monitoring system covering 120 business indicators. A logistics enterprise achieved a 22% improvement in fund utilization efficiency and reduced abnormal transaction warning response time to 4 hours through this system. The AI-driven multi-level evaluation function can automatically decompose data from over 5,000 cost centers, supporting real-time decision-making for management.

Ecosystem Collaboration and Future Layout

Hand is deepening its ecosystem collaboration with SAP, transforming over 2,000 implementation cases into reusable industry solutions. Its global IT service network covers 12 countries, offering full-cycle services from IT due diligence to SAP implementation. In the RCEP regional market, Hand has undertaken 23 digital projects for Chinese enterprises going global, helping customers build the “Digital Silk Road.”

As Liao Shanqing, Senior Manager of Financial Consulting at Hand Global Business Unit, pointed out in the open exhibition area: “In the VUCA era, enterprises need to build an integrated control system of ‘strategy-system-data’.” Hand is promoting the transformation of Chinese enterprises from “cost centers” to “value creation centers” through the deep integration of SAP ERP and AI technologies, gaining the first-mover advantage in the digital economy wave.