NTT DATA, a global leader in AI, digital business and technology services, announced the renewal and extension of its partnership with Absa, one of Africa’s largest diversified financial services groups, to deliver application management services for the bank. The solution is focused on Absa’s SAP S/4HANA group reporting and financial consolidation landscape. The renewed five-year agreement enhances Absa’s ambition to modernise financial systems and applications and embeds group-wide standards that enhance agility, flexibility and robust financial control.
“We’re proud to continue supporting Absa’s finance modernisation with trusted SAP application management services. Our focus is on reliable operations, continuous improvement and measurable business outcomes that will help Absa strengthen controls and unlock real-time insights from a resilient S/4HANA foundation.”
– Lauren Wortmann, Managing Director of Application Services, NTT DATA in Middle East and Africa
Under the leadership of John Annandale, Absa Managing Executive responsible for Financial Control Functions and Finance CIO, Absa has progressively consolidated ledgers, streamlined close processes and moved finance operations to a modern SAP S/4HANA foundation, integrated with best-of-breed spend management.
