To support a major business transformation, NRG went live with S/4HANA in January 2020. Part of its vision to become a next-generation energy supplier includes optimizing its operations and financial accounting strategy. NRG selected an S/4HANA add-on for Extended Asset Accounting (formerly known as Property and Lease Accounting) because it leverages the real-time general ledger and enables the complete capitalization process to happen in S/4.

This presentation will provide an overview of NRG’s transformational initiative, the advantages of moving to SAP S/4HANA, as well as how the company is leveraging the combined power of S/4HANA and the innovative add-on technology to streamline financial accounting processes in new ways.

Key Session Takeaways:
  • Hear how NRG leveraged S/4HANA as the cornerstone to its business transformation
  • Learn how NRG was able to optimize operations and financial accounting and reduce their total cost of ownership by using an S/4HANA add-in for Extended Asset Accounting
  • Understand why SAP S/4HANA presents a unique opportunity to build a comprehensive plan for finance optimization

Michael O’Donnell, National Vice President, Utilities, SAP
David Callen, Chief Accounting Officer, NRG
Dennis Kurlandski, Managing Director, Finance and Asset Performance Management, Utegration