The cloud-based ERP solution for financial accounting
With the development of SAP S/4HANA cloud, which is based on significantly simplified data structures and a multitude of innovations, SAP has created latest generation software that can meet the challenges of digitalization and the market trends of the 21st century.
With the Finance starter package , you get a comprehensive, cloud-based ERP solution for financial accounting in the digital age. Gain a decisive competitive advantage by moving to the cloud by increasing the flexibility, agility and speed of your processes, thereby generating maximum business value.
With the Finance starter package , you get a comprehensive, cloud-based ERP solution for financial accounting in the digital age. Gain a decisive competitive advantage by moving to the cloud by increasing the flexibility, agility and speed of your processes, thereby generating maximum business value.
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Challenges
- Changes in customer preferences
- Delayed analysis and access to reliable key figures
- Increasing fluctuations owing to unstable exchange rates
- Time-consuming and complicated business accounting, finance procedures and reporting
- No user-friendly interfaces Increasing complexity in regulatory requirements
- Achieving necessary transparency and compliance in financial management
Service scope
- Accounting and financial closings
- Accounts receivable
- Accounts payable
- Asset accounting
- Mapping of assets under construction process
- Parallel value approaches
- Monitoring goods and invoice receipts
- Basic credit management
- Cash journal
- Cash and bank management
- Actual costing
- Overhead cost controlling
- Standard costing
- Financial planning and analysis
- Analytical Fiori apps
Highlights of the solution
- All relevant business data is collected in a central data table “Single Source of Truth”
- Uniform view of all financial and operational data
- Cost management and profitability analysis
- Standardization, flexibility and harmonization of finance processes
- Consistent transparency in the finance management and real-time profit and loss statement
- Simpler and faster period-end closing
- Integrated reporting incl. dashboards and graphics
