financial consolidation

Transforming the Financial Consolidation Process

Redefining financial consolidation through S/4HANA Group Reporting

Reading time: 4 mins

Key Takeaways

⇨ Learn how S/4HANA Group Reporting enabled a global supplier of engineered materials to transform its financial landscape.

⇨ Discover the value of SAP’s Group Reporting for centralized execution of financial transactions for entities across various systems.

⇨ The unification of entity-close and group-close processes on a single physical system allows better decision-making, which accelerates the financial close process.

With financial operations faced with system landscape complexities, a lack of standardized processes for data validation, and manually tuned processes, there is a greater emphasis on implementing solutions that offer to consolidate financial and operational planning with agility, uninterrupted forecasting, and reporting. In this article, you’ll explore how companies can address the scattered system landscape to enable a centralized execution of financial transactions and streamline the financial reporting process and gain better visibility of financial operations.

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