#EY #SAP S/4HANA #IntraBio Inc.

EY Launches Integrated Finance Managed Service Solution

In a significant development for businesses aiming to accelerate their operations, EY has unveiled a new Integrated Finance Managed Service solution powered by SAP S/4HANA® Cloud. This innovative service aims to transform enterprise operations across various functions such as human resources, payroll, finance operations, controllership, and financial planning and analysis.

The new service model stands out as one of the first of its kind, providing a comprehensive end-to-end solution. By leveraging leading cloud technology from SAP, EY aims to help companies optimize their processes and enhance operational efficiency. The integration of EY's deep domain experience with SAP’s advanced capabilities sets a new standard for enterprise management.

A Practical Application: IntraBio Inc.

One of the standout examples of this service in action is IntraBio Inc. This company has successfully utilized the Integrated Finance Managed Services to realign its core financial, human resources, and accounting processes. Focusing on its mission to develop life-changing products has been made easier by outsourcing these non-core functions to EY. This partnership has enabled IntraBio to maintain its strategic focus while leveraging EY's expertise.

Thanks to this collaboration, IntraBio achieved a monumental milestone on September 24, 2024, when the U.S. Food and Drug Administration approved its first product, AQNEURSA. This groundbreaking treatment is designed for patients with Niemann-Pick Disease Type C and has officially launched in the U.S. market.

EY's Vision for Efficiency

Raj Sharma, EY's Global Managing Partner for Growth and Innovation, emphasizes that innovative companies are often hindered by non-core tasks. He states, “Well-structured enterprise functions are critical to scaling and sustaining success, but without the right support, they can detract from strategic priorities.