SAP Financial Period Close: Rethinking Journal Automation, Compliance, and Reporting
499 results
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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...…
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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…
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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...…
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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…
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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...…
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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 —…
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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…
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A Fast Path to Innovation and Simplification with Central Finance
The aim of SAP S/4HANA Finance is to provide finance organizations the ability to completely reimagine business processes for the digital age. This article explores Central Finance, an accelerated, non-disruptive SAP S/4HANA Finance deployment option that replicates financial transactions from SAP and non-SAP ERP source systems onto a Central Finance instance that runs on SAP…
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Gain Insight and Take Action
In a highly connected business-to-business (B2B) digital economy that values visibility and immediacy in the movement of goods and services along the extended supply chain, finance organizations need to play a central role in a procure-to-pay (P2P) value chain that connects buyers, suppliers, and even value-added partners such as banking institutions into a central hub.…
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It’s Time for Finance to Captain the Boat
Financial planning and analysis (FP&A) is a top financial concern for SAP customers, according to a recent SAPinsider benchmark report, “SAP S/4HANA Finance: State of the Market,” where more than 400 individuals across all lines of business from nearly 150 companies were surveyed regarding their strategy for SAP S/4HANA Finance. However, many organizations are still…
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