SAP S/4HANA modernizes NDF's finance for Saudi Arabia's Vision 2030

The National Development Fund (NDF) was established by Royal Decree No. (A/13) on 13/01/1439 AH to improve the performance of development funds and banks across Saudi Arabia. It plays a key role in supporting Vision 2030 by coordinating and strengthening the financial sector. NDF's mission focuses on boosting efficiency, ensuring financial sustainability, reducing overlap, and helping institutions reach their development goals.

Project Overview

MIS implemented SAP S/4HANA for the National Development Fund, creating a modern ERP foundation that supports its role in Saudi Arabia's economic transformation. The solution aligns with Vision 2030 and enhances operational efficiency in development finance. It also strengthens NDF's technology infrastructure, equipping the organisation with world-class capabilities to coordinate and optimise the Kingdom's development finance ecosystem.

Key Deliverables

SAP S/4HANA Financial Management

Core modules for general ledger, accounts payable, asset accounting, and financial reporting

Procurement Management

Enhanced procurement processes with automated workflows and integrated vendor management

Material Management and Inventory

Real-time stock management, automated replenishment, and integrated approval workflows

System Integration

Seamless integration between SAP modules, legacy systems, and real-time data processing

Bilingual Platform

Native English and Arabic support for ease of use

Solution Architecture

SAP S/4HANA Financials - Complete Financial Management Platform

The SAP S/4HANA Financials module is designed to provide a complete financial management solution. This includes general ledger, accounts payable, asset accounting, and financial reporting, enabling real-time processing and automated transaction management.

SAP S/4HANA Material Management - Procurement and Inventory Excellence

The Material Management module supports procurement management with automated purchase requisitions and purchase order management. It enables real-time inventory verification and optimises stock levels, ensuring efficient supply chain operations.

Integration and Technical Infrastructure

The solution integrates SAP S/4HANA with existing systems, enabling real-time transaction visibility and scalable cloud-ready architecture. It includes advanced security, disaster recovery, and access control.

Comprehensive Support Framework

Post-Implementation Support

The project included a one-month post-go-live support phase, followed by on-site support for a year with two specialists ensuring system excellence. A three-year warranty and continued partnership support ensure system reliability and optimal performance.

Knowledge Transfer and Capability Building

End-user and admin training improved internal capabilities. Documentation supported smooth rollout and ongoing improvements. Continued technical support ensures long-term system stability.

Strategic Benefits

Vision 2030 Alignment and Support

The solution improves performance tracking with real-time data, strengthens financial controls to support long-term goals, and helps different sectors work together more effectively. It reduces manual tasks and increases efficiency in public services, all in support of Vision 2030.

Economic Development Impact

Integrated systems improve fund management, eliminate duplication, and optimise resource use. Advanced analytics support strategic planning and policy development, while audit trails and reporting tools increase transparency and build trust in government financial operations.

Future Development and Scalability

Platform Evolution and Expansion

SAP S/4HANA is built to grow with NDF's evolving needs. Regular updates and feature enhancements ensure continuous improvement, while its scalable, cloud-ready architecture supports seamless integration of new systems and technologies without disrupting operations.

Advanced Analytics and Digital Transformation

The platform enables deeper insights through predictive analytics and business intelligence, improving decision-making and fund management. Its modular design lays a strong foundation for future digital transformation, allowing NDF to expand capabilities and add new SAP modules as needed.

Project Summary

Client:
National Development Fund (NDF)

Solution Provider:
OTT Middle East

Location:
Riyadh, Saudi Arabia

Sector:
Government Development Finance

Project Type:
Complete ERP Transformation

Focus:
Financial Management, Procurement, Vision 2030 Alignment

Outcome

Enhanced Financial Management:
Real-time financial visibility, automated reconciliation, and improved reporting capabilities streamlined financial operations.

Improved Procurement Efficiency:
Automated procurement processes reduced manual errors, optimised vendor management, and improved resource allocation.

Streamlined Operations:
Integrated workflows improved operational efficiency, reducing administrative overhead and enabling faster decision-making.

Strategic Alignment with Vision 2030:
The system positions NDF as a leader in development finance with enhanced financial control and improved sector coordination.

Scalable Infrastructure:
The platform now supports future growth, with the ability to extend system modules and accommodate additional entities as needed.

National Development Fund - SAP S/4HANA ERP Implementation