Packaged Solution from ifb SE for SAP S/4HANA® Finance Now Available on SAP® Store

By integrating with SAP S/4HANA®, the Packaged Solution from ifb SE delivers a rapid conversion option to accelerate and simplify the transformation journey of companies in the Financial Services industry 

Cologne — November 19, 2021 — iifb SE today announced that its Packaged Solution for the SAP S/4HANA® Finance solution is now available on SAP® Store, the online marketplace for SAP and partner offerings. The Packaged Solution integrates with SAP S/4HANA® Finance and delivers a rapid conversion option to accelerate and simplify the transformation journey of companies in the financial services industry through standardization and digitalization of the finance processes and functions within the SAP S/4HANA Finance solution.

“Now available on SAP Store, our Packaged Solution comes with best practices specific to the financial services industry, which can help accelerate a company’s transition to SAP S/4HANA Finance at predictable costs while reducing project risks,” said Sascha Maric, partner at ifb SE. 

ifb’s pre-configured Packaged Solution for SAP S/4HANA® Finance can help businesses to:

  • Reduce design time and confirmation time with delivery documentation 
  • Implement a best-practice-based core built out of the box, allowing them to focus on any additional customer-specific deviations and extensions 
  • Leverage ifb’s proven implementation methodology, REFRAME®, which includes a well-defined scope to enable rapid finance integration 

The REFRAME® implementation methodology can be used to quickly onboard new regions or prospective mergers and acquisitions. This transparent and well-defined step-by-step approach utilizes clearly defined deliverables and timelines to significantly reduce the risk of delays and additional costs. This helps enable businesses to benefit from predictable costs, scope and timelines to simplify planning and approval. ifb’s approach also helps to ensure that the requirements gathering and confirmation workshops needed prior to design sign off, are reduced to a minimum. Using a 'why not' preconfigured approach, ifb is able to limit the project impact on a company’s key stakeholders.

SAP Store, found at store.sap.com, delivers a simplified and connected digital customer experience for finding, trying, buying and renewing more than 1,800 solutions from SAP and its partners. There, customers can find the SAP solutions and SAP-validated solutions they need to grow their business. And for each purchase made through SAP Store, SAP will plant a tree.

ifb SE is an SAP gold partner in the SAP PartnerEdge® program. As such, it is empowered to build, market and sell software applications that supplement and build on SAP software and technology. The SAP PartnerEdge program provides the enablement tools, benefits and support to facilitate building high-quality, disruptive applications focused on specific business needs – quickly and cost-effectively. The program provides access to all relevant SAP technologies in one simple framework under a single, global contract.

About ifb SE

ifb SE is an SAP gold partner in the SAP PartnerEdge® program specializing in finance and risk transformation projects for banks and insurances.
For two decades, ifb SE has been an SAP partner in the financial services sector, focusing particularly on SAP industry solutions for banks and insurance companies, such as applications for general ledger and subledger accounting, risk and performance management, planning and simulation as well as consolidation.
Thanks to our many years of experience, we are one of the world's leading providers for the design, implementation, customer-specific extension and operation of SAP products for the banking and insurance industries.

Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in SAP’s filings with the U.S. Securities and Exchange Commission, including its most recent annual report on Form 20-F, that could cause actual results to differ materially from expectations. SAP cautions readers not to place undue reliance on these forward-looking statements which SAP has no obligation to update and which speak only as of their dates.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

For more information, press only:
oliver.greiner(at)ifb-group.com

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