Hi Reader, We’re living through one of the biggest shifts in enterprise software since the launch of Excel. AI isn’t just for early adopters anymore. It’s showing up in the tools you already use every day. And if you work in finance and your company runs on SAP, this next part should grab your attention. Because after years of waiting, SAP finally got its own AI assistant. And it’s actually good. Learn below what's new from SAP and where you can learn about it. 📢 Live Event: SAP Business Suite for Finance LeadersOur sponsor, SAP, is hosting a free live event next Wednesday, June 25, where they’ll reveal how their AI will be integrated into their ERP. 👉 Click here to secure your free spot You'll learn how their Business Suite leverages AI and real-time data to help you:
Here's when it will happen on 25 June: 👉 Register now and book your free seat Meet Joule: SAP’s New AI Copilot Built for FinanceI’ve been working closely with the SAP S/4HANA Cloud ERP team over the past few weeks to get a firsthand look at their new AI functionality. The core idea? You shouldn’t need to know transaction codes or dig through tables to get answers. Now you can just ask SAP what you need. Here are the six things that stood out: #1: Create an Executive Dashboard in 60 SecondsYou don’t need to export anything to Excel. Just ask: “Generate a gross margin report by business unit, with charts.” Joule pulls data directly from SAP, calculates the margin, and creates a visual dashboard ready for presentation. You can use it for:
#2: Automate Your Flux CommentariesYou’ve closed the books. Now you need to explain the numbers. Just say: “Write a commentary explaining the €520K variance in SG&A last quarter.” Joule looks at the cost center data, flags the root causes (e.g., bonus accruals, consulting spike), and drafts a full narrative you can review or edit. You can use it for:
#3: Track Project Burn Rates without Digging into ExcelManaging 8+ projects? Don’t click through each one. Instead ask: “What’s the actual vs. budget status for our top 5 capex projects?” Joule returns a table showing burn rates, timelines, risk flags, and even suggests where to reallocate the budget based on performance. You can use it for:
#4: Compare Your Top-Performing RegionsYou don’t need to manually merge data from each location anymore. Ask: “Compare EBITDA margin for North, Central, and South regions—YTD vs LY.” Joule builds a table, highlights variance, and suggests insights like currency impact, seasonal trends, or volume shortfalls. You can use it for:
#5: Monitor Your Projects & Cost Centers in Real TimeStop reacting to surprises at month-end. Joule can track your projects and cost centers dynamically. Joule continuously monitors your SAP environment and sends real-time flags via SAP Fiori, Teams, or Outlook. You can use it for:
Bonus: Joule AI Agents for Finance AutomationWant to take it a step further? You can now automate recurring workflows with Joule Agents:
It all runs on your live ERP data. Really important note: for now this is only available on the cloud version of SAP. SAP didn’t announce yet when it will be available on premises (which is where most of companies use SAP). But I find promising to see what’s coming! What do you think? Your AI Finance Coach, |
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