SAP S/4HANA Finance is a comprehensive set of financial management and accounting solutions, covering financial planning and analysis, accounting and financial close, treasury and financial risk management, collaborative finance operations, and enterprise risk and compliance management powered by the SAP HANA in-memory database.
Designed for the office of the CFO, these solutions remove the traditional boundaries between transactional, analytical and planning systems, to deliver instant insights with on-the-fly analysis, across all dimensions of financial data.
Accounting and Financial Close
Close the books faster, improve compliance and control, and reduce closing workloads and costs – with SAP S/4HANA Finance processes for accounting and financial close.
New Innovations : SAP Accounting combines financial and management accounting and profitability data into one universal journal. It abolishes totals, indices, and other pre-defined aggregates, and relies on line items as a single source of truth.
Fixed Asset Accounting for SAP S/4HANA is integrated into the universal journal architecture, so there is no redundancy of data. Multiple parallel documents for all valuations are posted in real time to ensure correct values from the beginning.
Financial Planning and Analysis (FP&A)
With the SAP S/4HANA Finance processes for FP&A, you can accelerate planning cycles, increase profitability, and make finance functions more efficient.
New innovations : SAP Business Planning and Consolidation (SAP BPC) version for SAP Netweaver, optimised for SAP S/4HANA Finance, lets your planners access real-time master data and accruals in SAP ERP without data replication. With one common financial planning model, you can run end-to-end simulations and faster planning cycles.
Treasury and Financial Risk Management
With SAP S/4HANA Finance processes for treasury and financial risk management, you can accurately forecast cash flow, manage liquidity, and mitigate risk. Integrate cash flows, transactions, commodity positions, and market data. And optimise straight-through processing with full-view and real-time analysis, audit trails, and compliance reporting.
New innovations : SAP Cash Management provides global cash positions in real time, even in the presence of heterogeneous backend systems. New capabilities provide detailed analysis of forecasted cash flows – so you can bring greater levels of consistency to cash balances, cash requirements, and liquidity strategies.
Collaborative Finance Operations
With SAP S/4HANA Finance processes for collaborative finance operations, you can rapidly respond to fluctuating market dynamics. Automate receivables and payables processing, revolutionise shared services delivery, and streamline travel management – all while reducing costs.
New innovations : SAP Receivables Management improves working capital and financial health by using real-time receivables data to assess customer credit risk, streamline billing, resolve disputes and prioritize customer collections to reduce days sales