EY & SAP launch integrated finance service to drive growth
EY has announced the launch of a new Integrated Finance Managed Service solution in collaboration with SAP, aimed at helping organisations accelerate their enterprise transformation.
The service model operates using SAP's cloud solutions and covers multiple core business functions, including human resources, payroll, finance operations, controllership, financial planning and analysis, treasury, tax, and application management.
EY's offering incorporates SAP S/4HANA Cloud together with EY's domain and industry experience. According to the company, the solution is designed to help high-growth businesses create value and bolster relationships with investors, regulators, and clients. EY has become a managed services provider with a "Run" focus as part of the SAP PartnerEdge programme. Through this ongoing collaboration with SAP, EY intends to help clients more rapidly achieve both strategic and operational goals.
The Integrated Finance Managed Services model is built on a robust data infrastructure and utilises an ecosystem of alliances. It is intended to provide rapid scalability and agility, as well as flexibility and resilience to support organisations as they transform and grow. The model also aims to promote improved governance and enhanced efficiency through automation, while relieving businesses of the burden of building, maintaining, and financing advanced technology, with the aim of freeing up capital for future innovation initiatives.
One of the early adopters is IntraBio, which used Integrated Finance Managed Services as part of its efforts to realign financial, human resources, and accounting processes around its core goal of developing and commercialising new products. By outsourcing finance processes, IntraBio was able to maintain its focus on bringing drugs to patients in need. This approach supported IntraBio's successful launch of AQNEURSA, a treatment for Niemann-Pick Disease Type C, following its approval by the U.S. Food and Drug Administration in 2024.
Marie-Laure Delarue, EY Global Vice Chair - Assurance, commented: "Businesses and their finance functions face intense challenges at the best of times, as they strive for growth in hugely competitive markets. In today's volatile economic and geopolitical climate, these challenges have only intensified."
"Through Integrated Finance Managed Services, we're able to lift some of the burden that so often hinders business transformation efforts, meaning they can turn their attention to the real drivers of success. As IntraBio's story clearly shows, companies that can redirect their time and energy toward their priorities can reap incredible rewards in terms of innovation, product development, and ultimately their competitive edge."
In addressing the operational considerations faced by businesses, Raj Sharma, EY Global Managing Partner - Growth and Innovation, said: "The world's most innovative companies with bold growth and transformation plans are often weighed down by non-core tasks, diverting valuable executive time and resources. Well-structured enterprise functions are critical to scaling and sustaining success, but without the right support, it can become a distraction from the strategic priorities that drive real value."
"The Integrated Finance Managed Services solution can provide companies with a new model, helping businesses operate more efficiently and enabling leaders to focus on what matters most. We believe this solution can fundamentally change how clients think about their enterprise functions."
Thomas Saueressig, Member of the Executive Board of SAP SE, Customer Services & Delivery, added: "Through this collaboration with EY, we are excited to combine SAP's leading cloud suite, enriched with Business AI capabilities, and EY teams' deep domain and industry experience to help deliver better insights and drive better outcomes for customers."
EY's solution is positioned as an option for organisations seeking to shift focus from operational management to strategic business objectives, responding to increasing pressure in finance and other business-critical domains in the current economic and regulatory environment.
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