Navigating Finance Transformation: Assessing Your Path in the Face of SAP’s Migration

Navigating Finance Transformation: Assessing Your Path in the Face of SAP’s Migration
As SAP ushers its extensive user base towards the S/4 HANA landscape, finance leaders worldwide are at a strategic crossroads. With tens of thousands of ERP customers poised for transition, SAP’s push toward modernization is both momentous and tumultuous, representing a pivotal shift for large, complex organizations.
Why Does SAP’s Move Matter?
This migration isn’t merely a technological shift; it’s a financial and operational disruption. For the largest enterprises, the transition can translate into multi-million-dollar investments and a timeline stretching across years. In practical terms, the promise of transformation, while seemingly close, is still years away.
The Trilemma Facing SAP EPM Users
As a global leader in CPM and a Diamond OneStream Partner, we see SAP’s narrative unraveling into a trilemma for finance teams using their Enterprise Performance Management (EPM) products. Here’s a perspective on the paths you may consider:
Choice 1: Clinging to Legacy – A Risky Comfort Zone
Persisting with legacy SAP EPM products might appear the least resistant path. But it’s like steering a ship in unchartered waters. Here’s the reality:
  • Stagnant Technology: SAP pledges to maintain these legacy systems without promising innovation — a clear signal to set your sights elsewhere for growth.
  • Aging Solutions: With a technology stack over 15 years old, innovation and maintaining the demands of agility and speed continue to mount.
  • Support Gaps: SAP has communicated unclear dates of support and coverage, resulting in potential support gaps. These gaps simply provide risks in financial and operational interference that organizations must plan against.
Choice 2: Leaping into the Unknown – SAP’s New Proposition
For those seeking immediacy in finance transformation, SAP proposes a new mix of products including SAP Analytics Cloud (SAC), Group Reporting, and the mandatory S/4 HANA. This path, however, is full of uncertainties:
  • Uncharted Territory: The SAP’s next-gen EPM solutions are in their infancy with limited customer references — a high-stakes gamble for any enterprise.
  • Fragmented Approach: The promise of a comprehensive solution is undercut by a fractured ecosystem, punctuated by multiple integration points and a prolonged time to value.
Choice 3: The OneStream Advantage – A Leap Towards True Transformation
This is where Black Diamond Advisory and OneStream step in. Completely agnostic to ERP strategy, we offer an alternative path — a coherent, robust platform empowering over 300 former SAP customers and over 1,400 customers globally. 
  • Unified Operations: OneStream’s platform is a platform; uniting actuals, plans, and analytics in one solution, abolishing the need to manage data across disparate systems.
  • Mastering Complexity: No risky integrations and countless validations. OneStream’s platform is designed to tame complexity, not compound it.
  • Financial Consolidation and Reporting: With advanced capabilities built into the core, OneStream aligns with various reporting standards, from US GAAP to IFRS, catering to intricate accounting needs.
  • Integrated Business Planning: OneStream aligns operational and financial planning, where HR, Sales, and Finance converge within a system that speaks the language of both detail and big-picture analysis.
  • Scalability for the Future: As your organization expands, so does OneStream. Without the need for additional licensing purchases, OneStream’s marketplace solutions grow with you, addressing new challenges and complexities as they arise.
Conclusion: The Path Forward with OneStream & Black Diamond Advisory
As the the “expert” global Diamond OneStream Partner, we advocate for a transformation journey that isn’t years away but begins now. OneStream offers a launchpad into a future where finance functions are not just enhanced but redefined. In an era where change is the only constant, it’s imperative to choose a path that doesn’t just promise transformation but actively delivers it with clarity, cohesion, and control.
Black Diamond Advisory extends and accelerates the value of OneStream through a series of industry solutions and utilities, connectors to SAP, and an Advisory Practice that provides guidance and support throughout your engagement, to ensure successful adoption and long-term sustainability.
It’s time to empower finance with OneStream — where the future of finance transformation is not a distant dream, but an immediate reality.
To learn more about Black Diamond Advisory, you can go our website at:
To learn more about OneStream, go to

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