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Featured Content
Topics

Explore critical topics shaping today’s SAP landscape—from digital transformation and cloud migration to cybersecurity and business intelligence. Each topic is curated to provide in-depth insights, best practices, and the latest trends that help SAP professionals lead with confidence.

Regions

Discover how SAP strategies and implementations vary across global markets. Our regional content brings localized insights, regulations, and case studies to help you navigate the unique demands of your geography.

Hot Topics

Dive into the most talked-about themes shaping the SAP ecosystem right now. From cross-industry innovations to region-spanning initiatives, explore curated collections that spotlight what’s trending and driving transformation across the SAP community.

SAP Advanced Financial Closing

Upcoming Events

SAPinsider Las Vegas 2026
Mar 16-19, 2026Las Vegas, Nevada, NV

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What Is SAP Advanced Financial Closing?

SAP Advanced Financial Closing (AFC) is a cloud-based solution designed to help organizations streamline and automate their financial close processes. It provides standardized workflows, task automation, and real-time monitoring to improve efficiency, transparency, and compliance in period-end closing activities. AFC integrates with SAP S/4HANA and other ERP systems, enabling finance teams to manage closing tasks across multiple entities while reducing manual effort and errors.

What Is SAP Advanced Financial Closing?

SAP Advanced Financial Closing (AFC) is a cloud-based solution designed to help organizations streamline and automate their financial close processes. It provides standardized workflows, task automation, and real-time monitoring to improve efficiency, transparency, and compliance in period-end closing activities. AFC integrates with SAP S/4HANA and other ERP systems, enabling finance teams to manage closing tasks across multiple entities while reducing manual effort and errors.

Key capabilities include:

  • Closing templates that include best-practice content that uses sequencing and dependencies to fit organizational needs.
  • Closing automation that increases the efficiency and speed of close using automation routines and the ability to execute jobs across the landscape.
  • Monitoring and insights that achieve real-time insight into the financial close process and help ensure the quality and governance of each close to meet regulatory disclosure mandates.

Key Considerations for SAPinsiders  

SAP Revamps Advanced Financial Closing Solution with New Company Code Groups. SAP has introduced Company Code Groups to SAP Advanced Financial Closing, allowing finance teams to streamline and organize financial closing tasks more efficiently. This marks a significant milestone for global enterprises which now have enhanced capabilities to streamline financial operations efficiently across business dimensions.

What you need to know about SAP S/4HANA Cloud for Advanced Financial Closing. This event session provides a detailed overview of SAP’s new Cloud service for close orchestration that can help your company streamline the close for improved efficiency and compliance.

SAP Advanced Financial Closing. Entity close is a key milestone in every company’s record to report process. SAP has a new Cloud service Advanced Financial Closing that can help your company orchestrate the close for improved efficiency and compliance.

17 results
It’s Time to Fix the CloseOct 14, 2025  —  Gaining control of and visibility across the financial close process requires continuous improvement. Organizations on this journey require the right tools. In this second webinar of our “It’s Time to Fix the Close” series we’ll examine how applying structured automation can shift finance teams from simply “closing the books” to creating a system of continuous improvement. In this session we highlight how SAP and BlackLine automation and analytics enable transparency and structure throughout every stage of the financial close process. Watch to explore how to: - Reduce latency by integrating operational systems and using SAP’s real-time data model. - Enforce segregation of duties and approval workflows. - Establish a close calendar with automated task sequencing in SAP Financial Closing solutions by BlackLine. Use SAP’s Advanced Financial Close orchestrate to monitor the financial close. - Drive accountability with real-time status tracking and exception alerts. - Create analytics and integrated reporting that identify trends, risks, and opportunities for improvement.
1 minute read
Automating the Record to Report and Financial Close ProcessJan 31, 2025  —  Read this report to learn how financial close and record-to-report processes are hindered by outdated manual methods, while highlighting the potential of AI and automation to enhance efficiency and reduce errors, as reflected in a survey of SAP finance professionals regarding current transformation strategies.
1 minute read
How Well Do You Know Your SAP Financial Close?Oct 16, 2017  —  

Audio pioneer Dolby Laboratories, which has been delivering audiophiles a superior sound and sight experience since the 1970s, decided in 2016 that it wanted an equally stringent level of quality assurance for its business process testing. The business sought a risk-based automated testing solution to reduce or eliminate regression test coverage gaps and lengthy testing integration cycles. Discover how Dolby Labs implemented a solution by SAP partner Tricentis that provided risk-based prioritization and documentation of regression testing and end-to-end coverage for automating workstreams. Learn how the company automated regression testing for approximately 40% of mission-critical applications and saved roughly 75% savings in hours on regression testing.

Gone are the days when retailers could forecast inventory based on previous actuals and manufacturers could absorb unplanned production downtime by artificially inflating stock levels. In today's digital age, the abillity of companies to provide exemplary customer service in a digital environment is now tied to the performance and availability of their ERP systems. SAP customers are increasingly moving away from managing these systems in their own data centers and relying on cloud environments to run their mission critical applications and deliver high availability.

Learn why managed cloud provider CorpFlex opted for the Cisco HyperFlex hyperconverged infrastructure to run its customers’ SAP solutions and how this provider is offering improved technology and service options to these customers that minimize their system latency and reduce their storage footprint. See how CorpFlex can now deliver an approximate 40% performance improvement to its customers’ workloads, along with a capability to add a new node and create a new SAP environment for a customer in as little as two hours.

With millions of patients, pharmacies, and hospitals relying on its healthcare services and products, Cardinal Health employs an IT landscape consisting of thousands of SAP and non-SAP applications running countless business processes to conduct its business. To uphold stringent quality standards, improve operations, and provide necessary maintenance and business process testing, the company sought a test automation solution that could reduce costs, improve reliability, and promote continuous integration and development. Learn how it implemented Worksoft automation solutions to achieve these outcomes — as well as receive unexpected benefits from robotic process automation (RPA).

Preventing access risk and ensuring regulatory compliance are top priorities for any business, and cable and wire manufacturer Southwire Company, LLC, understands how analytics are required to successfully achieve these goals. Concerned that access-related risks were unacceptably high, Southwire embarked on a multi-phased project that aimed to remove, reduce, and mitigate these risks and to design more efficient user roles. Learn how Southwire Company, LLC, leveraged Security Weaver solutions to identify risks, remove or reduce segregation-of-duties (SoD) conflicts, optimize user role design, and improve overall business processes.

Offering personalized services can improve the customer experience for nearly any type of business. Companies leading in this digital age are establishing a competitive advantage by deploying technology that leverages data generated by customer behavior to improve their customers’ experience across different channels. Learn how lighting manufacturer Acuity Brands — which provides lighting, lighting controls, and building management solutions globally — has evolved its business to now offer connected building technology solutions that enable its customers to transform their buildings from cost centers to strategic assets. Learn how Acuity partnered with SAP to create a solution for joint customers that improve in-store operations for the store managers and associates, in-store engagement with customers, as well as conversions — and how this proof of concept is intended to extend well beyond the retail space to other industries.

Deforestation is devastating to Earth’s rainforests, and to the planet as a whole — it creates more of an impact on climate change than the emissions of planes, trains, cars, trucks, and ships combined, according to a study. With 90% of rainforest logging being done illegally, a massive opportunity opened up for Rainforest Connection, a non-profit organization focused on using technology to combat deforestation. Rainforest Connection teamed up with SAP to analyze data collected by recycled cell phones that monitored the sounds of the rainforest not only to identify illegal logging as it was happening, but even predict where a tree could be cut illegally ahead of time, allowing rangers to stop the activity and prevent future deforestation.  

For the past 120 years, The Goodyear Tire & Rubber Company has been at the forefront of a continuously changing mobility industry. It has achieved this by leading with innovation in its products and services for customers, as well as in its internal systems and processes. Following this commitment, the company recently updated its system landscapes by expanding its SAP footprint. SAP system monitoring and change management processes have become progressively important to Goodyear – resulting in an increasing trend in working with SAP Solution Manager. With a goal of implementing better, easier, and faster software tools and processes – and answering SAP system users’ call for improved system performance and usability – the business decided to upgrade to SAP Solution Manager 7.2. Learn how the upgrade provided Goodyear benefits such as improved efficiency and resource allocation, enhanced visual representation, and a less restrictive content documentation structure.

Sanofi, a major multinational pharmaceutical company, has plans for expansion. To facilitate that growth, Sanofi decided it needed to automate its financial close, account reconciliation, and journal entry processes as many of them were manual and disparate across its business units. Discover how even partway through a global implementation of a record-to-report solution to transform its financial processes, Sanofi has already seen greater efficiency and time savings, allowing the staff to concentrate on value-added activities for its life-saving health care operations and medical research and development.

The disruptive nature of technology innovation is not limited to business: The public sector must also consider the impact of digital transformation. The State of Illinois recognized a need for improved technology and functionality across its growing responsibilities, and in 2016 began a digital transformation that aimed to replace 420 systems across 58 agencies in 30 months. The state selected SAP HANA Enterprise Cloud to deploy SAP ERP and SAP HANA technology across its organization. Learn how it leveraged SAP solutions to achieve better decision making on improved data analysis as well as better spend tracking and hiring processes — and how the gains are causing other agencies across the state to ask how they can benefit.

During the digitization of the medical world, the mental health field was virtually passed over. To fill this gap, HarrisLogic develops technology platforms for the behavioral healthcare field to help its users identify the workflow of mentally ill individuals moving through the system and ensure no one gets lost in the cracks. Through a combination of various engines that apply clinical evidence-based practices, fuse data streams together from various locations, and apply advanced and predictive analytics — paired with SAP technology — HarrisLogic was able to drastically improve the delivery of much needed mental health services, drive more connections to healthcare, and create a reliable model to gauge the risk in a variety of settings.

Three billion people across 230 countries currently consume lifestyle entertainment from Discovery, Inc. — a company that creates more than 8,000 hours of original programming in 50 languages each year and distributes television and digital content globally. After experiencing fast domestic and international growth, and with day-to-day accounting functions spread across offices in more than 20 countries, the company knew it could benefit from global standardization of controls and governance of its SAP landscape.  In an effort to standardize and automate its financial close and journal entry process, Discovery, Inc. integrated its SAP ERP system with BlackLine solutions — Account Reconciliations, Journal Entry, and Task Management. Learn how the business now benefits from stronger financial controls, more efficient audit processes, and an improved journal entry workflow.

Due to its aggressive acquisition strategy, professional services company VINCI Energies – which has already grown to 77,500 employees spread throughout more than 1,000 global companies – needed an updated ERP program and IT strategy to integrate its new companies into the fold as quickly and easily as possible. To accomplish this, the business decided to consolidate on a single-instance environment with over 30,000 users running on SAP S/4HANA. Learn how VINCI Energies underwent a 10-month project that culminated in a migration over the weekend that imparted some valuable lessons. With 14 countries live so far and plans to deploy it universally, uncover the benefits the business is already reaping from the capabilities that SAP S/4HANA has introduced and innovating with SAP Cloud Platform, SAP C/4HANA, and more intelligent reporting and analytics.

On the heels of its migration to SAP S/4HANA, professional services company VINCI Energies wanted to extend the new functionality with a new application for employee timesheet entry that would replace former manual, paper-based processes. Learn how the business designed and developed the online app using SAP Cloud Platform, and how this application is creating more advanced capabilities for workers and managers who need to keep track of hours and other associated costs applied to individual projects from the field.

When Versum Materials was divested in 2016, it took the opportunity not only to make a fresh IT start with a greenfield SAP S/4HANA implementation, but also to do it with a big-bang approach. The newly independent business accomplished the massive change in 15 months with a painless go-live. Along the way, it discovered some major differences between its original SAP ERP system and SAP S/4HANA, including security and data models, and passes along several lessons learned.

Processing $2 billion through its billing system and $120 billion of global travel spend annually, travel technology company Sabre needed a sophisticated and failure-proof software system. The business turned to SAP HANA Enterprise Edition to handle its complex requirements. The Sabre team worked with SAP to implement this solution, and as a result, has since reduced invoice processing and review time from days to hours and runtime for reports to minutes, paving the way for more advanced analytics and decision making by the business.

McAfee was amidst sweeping change – shifting its accounting standards and financial reporting in SAP ERP, separating its IT systems from its parent company in a spinoff, and moving from a waterfall method to an agile methodology. In response, the business wanted to increase the velocity of its application delivery and testing. Learn how the organization turned to Worksoft Certify to automate its SAP testing and business processes, the many benefits that resulted, and how it used the solution in ways it didn’t originally anticipate.

After 140 years in business, global technology giant Ericsson knows a thing or two about staying at the forefront of a changing industry. Learn how the company has modernized its IT delivery approach, and increased customer satisfaction, by adopting a continuous delivery model for its digital business support systems portfolio, and how it used the ActiveControl solution by Basis Technologies to integrate SAP applications into this new model.

When Cooper Standard — systems and components provider for the automotive and industrial industries — saw the need to automate access management, the company undertook a project would affect over 11,000 desktop users, require defining common processes to meet compliance requirements, and improve control over its heterogenous SAP and non-SAP application landscape. Learn how the company came to the decision to select and implement a suite of access management applications by Security Weaver designed to tackle critical and complex challenges.


1 minute read
It’s Time to Fix the CloseSep 18, 2025  —  SAP and BlackLine; Better Together. Learn how SAP and BlackLine deliver the Gold Standard for Record to Record to Report. Break free by gaining control of the financial close process. In this first webinar of our financial close series, "It's Time to Fix the Close," we take a detailed look at how to build transparency and structure around financial accounting to the close process. Watch now to learn how to enhance accuracy, reduce effort, and accelerate close cycles leaving more time for value-added activities by utilizing SAP financial close solutions by BlackLine. In this webinar we explore how to: - Gain visibility into the typical financial close BlackBox. - Structure the financial close to eliminate chaos. - Speed the close using journal entry automation. - Build best practices for journal management, account substantiation, and intercompany transactions.
1 minute read
SAP Environment
Automating Your Financial Consolidation Process Using Automatic Jobs and Job TemplatesApr 4, 2023  —  Consolidating data can be difficult, as users must take time to validate its quality. This process can be made more difficult in complex environments and organizations. One of the top tools at the disposal of SAP users for this process is SAP S/4HANA Group Reporting. The product allows users to created automatic jobs and templates to manage numerous repetitive tasks and save valuable time for Finance and IT teams. In this article, SAPinsider experts Dr. Marco Sisfontes-Monge provides an overview of how users can best utilize SAP S/4HANA Group Reporting’s automation options. This requires a review of services activation and security roles to run effectively. Once taken care of, vital tasks can be scheduled and automated. Users will also learn how to develop templates that set up these tasks to the exact specifications required for their organization’s unique needs.
9 minute read
Advanced Financial ClosingOct 20, 2020  —  The entity close is a key milestone in every company's record to report process. SAP has a new Cloud service advanced financial closing that can help your company orchestrate the close for improved efficiency and compliance. Attend this session to: •See the solution in action •Learn how SAP S/4HANA Cloud for advanced financial closing can be deployed in days - and how companies can benefit from best practice content •Hear about early customer experiences •Understand the solution roadmap and the SAP strategy for the entity close
1 minute read
business transformation
Unifying Financial Review Processes with BlackLineAug 20, 2024  —  More than ever, decision-makers need insights in real-time to manage their complex financial landscapes. Yet providing these insights is easier said than done. Organizations need to find solutions like SAP Account Substantiation and Automation by BlackLine, financial review option, to provide them with a holistic view of their financial information and the collaborative platform to address any variations promptly.
2 minute read
A Look at Current SAP Marketplace TrendsJan 16, 2020  —  SAPinsider recently sat down with an expert in the SAPinsider community, Rohana Gunawardena, Director – SAP Practice, Exium Inc., to discuss some of the trends he’s seeing in the marketplace. A Major Priority for Finance Company CFOs A big priority for SAP customers in the finance industry right now, says Rohana, is making the monthly […]
3 minute read
Mastering Journal Entry Management with BlackLineMay 9, 2024  —  When it comes to improving the efficiency of the financial close, journal entries are the perfect place to start. Roughly half of all financial close tasks are related to journals. As many finance professionals know, there is significant room for improvement in the journal entry process. Outdated manual processes operating through email or Excel can lead to bottlenecks and errors. Also, when documents are decentralized, companies may struggle to find the information they need during audits. To infuse the journal entry process with standardization and audit readiness, BlackLine offers its own Journal Entry solution. BlackLine is an SAP Solution Extension Partner, so its offerings integrate seamlessly with SAP to streamline the entire process. This also allows for a more centralized financial close process, giving users a single source of truth to work from. This also allows users to collaborate better and prepare for audits.
2 minute read
It’s Time to Fix the CloseNov 12, 2025  —  Hear first-hand how SAP gained control of the financial close process and used it to deliver strategic value to the business. In this third and final webinar of our “It’s Time to Fix the Close” series,  join SAP and BlackLine as they communicate their positive experiences in achieving peak financial close performance.  They’ll share how they transformed the financial close process, established a continuous improvement loop, and built the right KPIs and metrics to drive performance. They’ll reinforce why continuous improvement is critical to the business and provide examples of strategic value that resulted from the journey. Watch now to learn how to: - Increase efficiency by reducing manual tasks on high volumes of transactions to cut processing time and free up resources. - Enhance visibility after gaining real-time insight into open items, discrepancies, and status based on dashboards and reports. - Reduce risk by enhancing controls with automated workflows and prepackaged segregation of duties.
2 minute read