Leverage the New SAP S/4HANA “Predictive Accounting” Functionalities to Get Deeper and Better Financial Insights
Key Takeaways
⇨ Predictive Accounting is a new functionality in SAP S/4HANA. It is a framework to post, maintain and report on the future values (revenues, costs, etc.) based on existing upstream data that is already known to us.
⇨ Predictive Accounting enables proactive financial decisions (e.g., key operational and strategic decisions in treasury, tax, and for working capital, etc.).
⇨ Predictive Accounting is currently enabled for Sales Processes, Purchasing Processes (Predictive Commitments) and Travel and Expense Management.
Click Here to View the Session Deck. Using the data that is already existing in the system from various logistics modules / functionalities, SAP has introduced “Predictive Accounting” functionalities to get better financial insights much ahead of the time in terms of revenues, cost of goods sold, etc. You will: Understand the new functionalities of…
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