EY has introduced a new Integrated Finance Managed Service aimed at accelerating enterprise transformation.
This comprehensive service model, utilising SAP’s advanced cloud solutions, will cater to various operations including human resources, payroll, financial planning and analysis, treasury, tax, and application management.
By integrating SAP S/4HANA Cloud with its industry expertise, EY aims to enhance value creation and trust among investors, regulators, and clients. EY’s collaboration with SAP is further solidified as it joins the SAP PartnerEdge programme with a focus on ‘Run’ as a managed services provider.
The Integrated Finance Managed Service is designed to support organisational growth through rapid scalability and promote the agility and resilience needed for transformation. It also aims to improve governance and efficiency through automation while reducing the costs associated with maintaining advanced technology, thereby freeing resources for innovation.
IntraBio, a client of EY, exemplifies the impact of this service by restructuring its finance and HR processes to align with strategic goals focused on product development.
This realignment allowed IntraBio to maintain focus on its core mission, leading to the approval of its first product, AQNEURSA, by the US Food and Drug Administration in September 2024. This treatment for Niemann-Pick Disease Type C has since been launched in the US market.
The new service leverages EY’s domain expertise to transform critical enterprise functions while embedding AI capabilities along with SAP’s advanced cloud technology for a robust data infrastructure. High-growth companies are thus equipped to concentrate on compliance and cost certainty.
EY global managing partner Raj Sharma 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.”
