SAP S/4HANA Finance
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SAP S/4HANA Finance
With its S/4HANA ERP system, SAP offers a holistic platform with a broad portfolio of modules for all-encompassing business transformation. The portfolio element S/4HANA Finance and Controlling (SAP FICO) includes financial solutions for accounting, controlling, reporting and operational management, among others.
From the detailed insights into the current financial situation of the company, appropriate measures can be initiated directly in the SAP system, if required and possible.
The Advantages of SAP S/4HANA Finance
Through standardization and automation, but especially through the use of the Universal Journal, the paths to consolidated financial data are significantly shortened. The time required for the preparation of financial statements and group closings is significantly reduced.
The system enables the business model to be made more flexible and agility to be increased - both of which make it possible to respond more quickly to changes in circumstances.
Activities that were previously carried out manually, for example in closing, are now handled by rule-based automatisms - examples include data upload, IC reconciliation and the creation of reports. The elimination of manual activities minimizes the potential for errors.
With the implementation of SAP S/4HANA Finance, previously separate silos in the finance organization grow together. Consolidated financial data becomes transparent and more auditable through Track&Trace. Transparency for audits and the depth of analysis for forecasting and financial management are increased.
Low TCO, Attractive ROI
Implementing SAP S/4HANA Finance is a manageable investment. Thanks to the significant acceleration of processes and the lower total cost of ownership (TCO), an attractive ROI can be presented.
Whether a customized private cloud offering from Arvato Systems or a private cloud solution as part of RISE with SAP: You decide which form of operation best suits your strategy.