SAP Financial Period Close: Rethinking Journal Automation, Compliance, and Reporting

499 results

  1. Prepare Your Landscape for the Migration to SAP S/4HANA Finance

    Whether you are already implementing SAP S/4HANA Finance or you are still in the evaluation stage, you need to learn about the architecture considerations before making the move to better prepare your current SAP ERP system for the migration. Sonam Pawar, A speaker at the upcoming SAP Financials 2016 conference in Singapore, answered questions on…...…
  2. SAP Central Finance

    For companies looking to reimagine their business models for greater operating efficiency, better customer service, and improved financial performance, unifying their enterprise finance model can be a game changer. SAP S/4HANA innovations such as SAP Central Finance make this possible, according to two SAP advisors. In this thorough breakdown, which explains other innovations within SAP…
  3. A Holistic Approach to Implementing Central Finance

    Learn tips to help you prepare for a Central Finance implementation project. Central Finance is aimed at reducing the cost of adoption of SAP S/4HANA Finance for organizations having heterogeneous landscapes (multiple SAP ERP or non-SAP systems). With Central Finance, these organizations no longer have to upgrade all the systems to have SAP S/4HANA Finance…....…
  4. SAP S/4HANA Finance: What’s in a Name?

    SAP S/4HANA Finance has received much attention since it was announced at SapphireNOW in 2014 under the name SAP Simple Finance. In 2015, SAP Simple Finance was renamed to SAP S/4HANA Finance. This article defines the scope of the SAP S/4HANA Finance solution, as well as how the innovations built on SAP HANA fit into…...…
  5. SAP S/4HANA Finance: Understand the Different Options and Nuances of Enabling Parallel Accounting in New Asset Accounting

    Learn about the configuration options available in SAP S/4HANA Finance to set up parallel accounting aligned to different accounting principles, especially when you are migrating from classic Asset Accounting (FI-AA), a parallel accounts approach, to the new FI-AA module. Key Concept The SAP S/4HANA Finance system provides a transparent, real-time, optimized IT solution for implementation…...…
  6. What Business Users Can Expect from the New Functionality in SAP S/4HANA Finance

    As SAP customers start to adopt SAP S/4HANA Finance, they want to know how the new solution differs from their current SAP ECC implementation and what new capabilities it presents. This article will help to illuminate how these SAP S/4HANA Finance innovations provide business users more efficiency and automation, which in turn allows finance and…
  7. Accelerate Your Finance Shared Services Transformation and Centralized Reporting

    New features have been introduced in SAP S/4HANA 1709 that enable enterprises to leverage the benefits of shared services for certain financial processes along with added reporting flexibilities. In this blog, I provide a quick overview of the innovations in SAP S/4HANA 1709 along with some key considerations and limitations while implementing them. I focus…
  8. SAP S/4HANA Finance: What’s in a Name?

    Finance is currently at the forefront of technology innovations within SAP. By being the first line of business to re-architect the core finance and controlling capabilities to leverage the capabilities of SAP S/4HANA, finance professionals can increase their organizations’ efficiency through automation, thereby freeing up their bandwidth to leverage dynamic planning and modeling to provide…...…
  9. Improve the Auditability of Your SAP S/4HANA for Central Finance Foundation Solution

    SAP S/4HANA for Central Finance foundation (Central Finance) is the least disruptive deployment option for SAP S/4HANA adoption in finance, especially for enterprises with a heterogeneous landscape consisting of multiple SAP and non-SAP finance transactional systems. Figure 1 provides a high-level overview of Central Finance in SAP S/4HANA along with its architecture. Figure 1 —…
  10. Leverage the Benefits of Finance Shared Services with Central Payments Functionality

    In my blog titled “Accelerate Your Finance Shared Services Transformation and Centralized Reporting,” I provided a quick overview of the innovations included in SAP S/4HANA 1709. In this blog, I provide a detailed view of the Central Payments functionality introduced with SAP S/4HANA 1709. This functionality is a key enabler for a central execution of…