Podcast- SAP's Birgit Starmanns Discusses Machine Learning as applied to Finance and Risk Management
Birgit Starmanns, Global Head for Thought Leadership Strategy and Programs at SAP's Global Center of Excellence for Finance and Risk, discusses the key aspects of Change Management and how it's accomplished today, especially in the current global situation where change is paramount
At the recent SAPPHIRE NOW and ASUG Annual Conference, Bramasol presented our Comply, Optimize, Transform™ finance innovation approach, which is designed to build on the things that you “have to do” such as Compliance with accounting standards and using those changes to drive Optimization of related business processes. Ultimately, the goal is to leverage the journey through compliance and optimization to achieve Finance Transformation.
In this blog, we are taking a closer look at Machine Learning, which is one of the most important new tools for taking that first step from Compliance to Optimization, while also establishing capabilities to build from for moving from Optimization toward Transformation.
As companies face exponentially growing amounts of data that can overwhelm individuals decision-making ability, the emergence of Machine Learning provides an powerful new method for helping people improve decision-making bandwidth, responsiveness, accuracy and consistency of results.