Nobody’s talking about this AI upgrade in SAP (yet)


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 Leaders

Our 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:

  • Improve forecasting & variance analysis
  • Streamline spend control and compliance
  • Make better, faster decisions across finance, procurement, and sales

Here's when it will happen on 25 June:
- Americas: 11:00 a.m. EDT / 8:00 a.m. PDT
- Europe & Africa: 11:00 a.m. CEST
- Asia Pacific: 9:30 a.m. IST / 12:00 p.m. SGT / 2:00 p.m. AEST

👉 Register now and book your free seat


Meet Joule: SAP’s New AI Copilot Built for Finance

I’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.

Joule acts as an AI assistant that works inside SAP, helping you query data, generate insights, and even write commentaries for you.

Here are the six things that stood out:


#1: Create an Executive Dashboard in 60 Seconds

You 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:

  • Monday leadership briefings
  • Flash reports before closing
  • Board meeting prep

#2: Automate Your Flux Commentaries

You’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:

  • Monthly P&L reviews
  • Cost center performance packs
  • Internal audit responses

#3: Track Project Burn Rates without Digging into Excel

Managing 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:

  • Weekly project review calls
  • Portfolio optimization
  • Year-end reforecasting

#4: Compare Your Top-Performing Regions

You 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:

  • Monthly management reporting
  • Country controller reviews
  • Strategic planning discussions

#5: Monitor Your Projects & Cost Centers in Real Time

Stop 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:

  • Proactive cost control
  • Budget accountability
  • Risk management

Bonus: Joule AI Agents for Finance Automation

Want to take it a step further?

You can now automate recurring workflows with Joule Agents:

  • Schedule weekly financial reports to your inbox
  • Trigger alerts when working capital spikes
  • Run what-if simulations on inflation or FX rates
  • Connect SAP data to Outlook, Teams, and more

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,

Nicolas


P.S. Don’t miss the SAP Business Suite Finance Webinar on June 25.
You’ll see live demos of how AI is being used inside SAP for finance, procurement, and sales—and how you can apply it to your own workflows.
👉 Register for free here and save your seat

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