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The value of deploying SAP Central Finance cannot be understated – it allows organizations to reap the benefits of innovation provided in the SAP S/4HANA platform (such as unifying diverse financial systems into a single source of truth for accounting via the Universal Journal) in accelerated timeframes due to real time replication and automatically enforced data quality checks. However, the implementation alone is only part of the mission; although Central Finance projects are generally less resource intensive than a full S/4HANA implementation, it is still an investment. As with any investment, we still need to be able to measure the value added to justify it to our stakeholders. This means ensuring we have all the information readily available to support any legal or regulatory requirements in a timely fashion, and efficiently capturing value adding insights about a business’s performance that drive more effective decisions on how to meet management’s strategic objectives.
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