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SAUG Solution Series: The Cost of Managing your CapEx Budget in a Spreadsheet

If you are still relying on spreadsheets for your CapEx processes, you’re likely wasting at least $2M, every year. 
 
In this session we’ll identify the real costs and potential savings from digital transformation of your capital planning and budgeting process. Competition is fierce, but both capital and human resources are constrained. It’s mission critical to pick your projects wisely. 
 
Stratex Online is a ready-to-run SaaS solution for capital project demand management, business case development, portfolio management and budgeting that is designed to integrate seamlessly into your SAP system. Replace spreadsheets with a single source of truth, seamless workflow, and deep integration for SAP project creation and budgeting. 
 
Key topics addressed: 

• The inherent scope, quality and reliability risks of spreadsheets 
• How to reconcile engineering demand and financial budget constraints 
• The value of digital transformation of the critical CapEx process 
• How AI is impacting effective business case preparation and validation 
• Automated project creation and planning in SAP ECC and S/4HANA  

What you will discover: 

• How to optimise your project portfolio to maximise your return on capital investment through digital transformation of this critical process. 
• Replace Capital Budgeting and Forecasting spreadsheets with a single source of truth. 
• Replace standalone Email, SharePoint and DocuSign CapEx approvals with a seamless workflow solution from idea to asset.
• Automate project creation, budgeting and forecasting for improved productivity and consistency. 

Richard Frykberg, a veteran SAP Financials consultant, will reference customer experiences to demonstrate valuable process transformation in this business-focussed and interactive webinar. 
 

Guest Speaker:

Richard Frykberg, CEO, IQX Business Solutions Richard has been assisting organisations with the successful adoption of SAP Financial and Controlling solutions for over 25 years. He is the CEO and founder of IQX Business Solutions, an SAP partner specialised in delivering Capital Management solutions to organisations globally. Richard is both a Chartered Accountant (SA) and Certified Management Accountant (CIMA, UK).

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