SlideShare a Scribd company logo
SAP Simple Finance
© 2014 ERP Corp. All rights
reserved.
What is SAP
Simple Finance?
Carsten Hilker
SAP
Introduction
3
• Since the official release of SAP Simple Finance during
SAPPHIRE, there has been tremendous interest in the latest,
next generation SAP Finance solution
• We’ll cover:
• A quick overview
• Simple Finance, SAP Accounting powered by SAP HANA, Central
Journal scenario
• Simplifications and innovations
• Technical components and prerequisites
• Deployment options
• Make sure to join / attend:
• Controlling 2014 September 21-24 San Diego
• Financial Excellence Forum, October 7-8 Philadelphia
• Customer Engagement Initiative: Simple Finance / Central
Journal
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 4
Aligned
Single Source of Truth
Provide one-stop access to
all financial and non-financial
data
Ensure harmonized data
without manual reconciliation
Enable flexible data drill-
down to actionable
information
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 4
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 5
One data instance as common basis
for Transactions, Analysis, and
Reporting
• A single data copy in a shared data model
• Aggregation of elementary records in real time
• From serial processes to event driven
collaboration
• Various copies of data in different data models
• Inherent data latency and alignment issues
• Serial processes to ensure data quality
Separation of Transactions, Analysis,
and Accelerated Reporting
SAP HANA
(DRAM)
Transact Analyze Accelerate
Cache
SAP HANA Enables a Single Source of Truth
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 5
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 6
Architecture of SAP Accounting powered by SAP HANA
Logistics
Document
CO
Document
FI
Document
Totals & Indices
Financial Accounting
Totals & Indices
Management Account.
From … Stability
Processing
Analytics
CO Document
FI Document
Flexibility
Aggregation on the fly
via HANA views
Pre-Defined Aggregates
Flexibility
Stability
Processing
Analytics
Logical document
Logistics
Document
… To
Customer Benefits
• Harmonized internal
and external
reporting
• Higher flexibility in
reporting and
analysis
• Significantly reduced
reconciliation effort
• Significantly reduced
memory
consumption
• Central journal for
heterogeneous
system landscapes
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 6
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 7
FI
SAP HANA Live (Virtual Data Model – Logical Documents)
CO CO-PA
Master
Master Data
Web
Dynpro
Fiori Apps
Business
Objects BI
Physical Documents
Reporting Interfaces
Embedded BW (queries)
Reporting Architecture
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 8
Reporting with Fiori Applications
Customer
Benefits
• Reporting of
the Financial
Statement,
Balances, Line
Items
• Simple and
easy to use
experience
• Work
seamlessly
across devices
– desktop or
tablet
• Collaboration
functionality
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 9
Discovery and analysis
 Lumira
 Explorer
 Analysis for Office / for OLAP
Discover. Predict. Create.
Dashboards and apps
Build engaging experiences
Reporting
 Crystal Reports
 Web Intelligence
Share information
 Design Studio
 Dashboards
Reporting with SAP BusinessObjects Business
Intelligence
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 10
Reporting and Analysis Flexibility
User-defined reporting
• Users can explore data on the fly by
restricting financial statements to self-
defined data sub-segments
• SAP will continue to provide standard
reports but with focus on frequently used
reports
Available information
• All record dimensions can be used for
segmentation
• Unrestricted selection of multiple
dimensions for segmentation
• Customer-specific dimensions can be
easily added and are available for
segmentation *
* planned
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 11
Harmonized Internal and External Reporting – Example
WIP
Customer Benefits
• Insight into the
“work in process”
account
in the balance sheet
• Detail by production
orders not finished
at period-end
• Drilldown to deeper
levels like cost
elements
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 12
Significantly Reduced Reconciliation Effort
 Obsolete – Reconciliation of multiple ledgers ** – because redundancy has been eliminated
 Obsolete – Reconciliation Ledger ** – due to real-time integration from CO to FI
 Obsolete – Reconciliation of totals vs. line items – because totals are dropped
 Obsolete – Reconciliation of OLTP and OLAP – due to real-time analytics on OLTP
 Drastically simplified – FI versus CO – due to 1:1 link on line item level
 Drastically simplified – FI versus CO-PA * – due to link to CO-PA characteristics table
 Faster financial close and lower costs
* for account-based CO-PA and primary cost elements ** already available with New G/L in SAP ERP
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 13
Significantly Reduced Memory Consumption
 HANA data base compression
 No more persistent indices and aggregates/totals
 No replication to OLAP system for operational reporting
 Lower TCO and higher through-put
18,5x
Smaller data
footprint observed
based on real
customer data
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 14
Agile
Real time finance
processes
Run event-driven processes
with real-time execution
Provide instant insight to
action based on real-time
information
Enable comprehensive
process oversight and risk
management
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 14
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 15
The Real Time Process Revolution
Process status
analytics
Transactio
n
monitoring
Control
and risk
analytics
Real-time process
oversight
Personal
analytics
Elimination of
batch execution
Real-time
reporting
Intra-period
simulations
Continuous
intra-
period execution
Acceleration of
bottleneck steps
Instant
insight to
action
Real-time
process
execution
Continuous
Process
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 16
Financial Close: Transition to Continuous Processing
Processes designed for real-time operations
eliminate close bottlenecks
Real-time analytics for
process oversight
Close processes involve >100 tasks per entity with
complex dependencies and batch bottlenecks
Benefit Drivers
• Eliminate end of period batch bottlenecks
• Continuous intercompany reconciliation
• Continuous financial reporting visibility
• CO-PA & line item detail reconciliation
• Automation for routine tasks
• Full management visibility of close tasks
Challenges
• Multiple batch run dependencies
• Batch bottlenecks delay downstream activities
• High error correction efforts
• Complex issues delayed till post close
• Time pressured resolutions
• Delayed visibility to reporting
Entity
Close
Corporate
Close
Period End
Close
Within the
period
Traditional Financial
Close
Reporting
on-
demand
Financial Close on SAP HANA
Within the
period Period End
Close
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 17
Financial Close: Intercompany Reconciliation on the Fly
FBICR3
Reconcile Documents
FBICS3
Select Documents
FBICA3
Assign Documents Automatically
New user experience Improved data drill
down
Reduced time to
close books
• Improved and
accelerated automated
matching
• No more batch jobs, real
time analysis supports
continuous intra-period
process execution
• Improved user
experience and
enhanced data drill down
reduce manual
reconciliation effort
• Better process oversight
through new
management dashboard
Next Gen User Experience
Fully Renewed User
Roles
• General Ledger
Accountant
• Cost Center
Manager
• Collection Specialist
• Credit Manager
More roles planned to
follow
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 18
Transactional
Insights to Action Search and Explore
SAP Smart Business Factsheet
Task-based Access
*
Next Gen User Experience – Types of Fiori Applications
Transaction Fiori Applications – Examples
20
Collections Worklist
Prioritize activities automatically based on
collections strategies
Track progress against daily collections goals
Trigger reassignment of items to balance
workload Process Receivables
Dive deep into details of customer account
View receivables aging information
Capture and track customers’ promises to
pay invoices
Smart Business Cockpits
Available Cockpits for
• Financial Close
Manager
• Receivables Manager
Planned Cockpits for
• Chief Financial Officer
• Cash Manager
• Payables Manager
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 21
SAP Smart Business for Financial Close
• Cockpit to monitor the
progress of the entity close
via KPI’s, also on a mobile
device
• Analyze the completion rate of
closing tasks by multiple
dimensions like region,
country, company, milestone,
working day, etc.
• Monitor the tasks delayed and
tasks in error with easy
collaboration to respective
task owners
• Analysis of historic closing
cycles
• Solution shall expanded to
other SAP solutions for the
financial close
New Solutions for Real Time Receivables Management
SAP Receivables Manager
supporting the Receivables Manager in
Finance to monitor a continuous process
SAP Customer Financial Fact Sheet
enabling sales representatives to resolve
open issues directly with the customer
Real
time
Introducing SAP Cash Management powered by SAP
HANA
• Analyzing global bank
balances and cash positions
based on data from SAP and
non-SAP systems
• Integrated liquidity forecasting
including cash flow analysis
using multi dimensional real-
time analytics
• Central Bank Account
Management including
overdraft limit analysis, bank
risk analysis, signatory
management and workflow
support
• Smart Business for Cash
Managers, a cockpit to
monitor critical KPI’s, also on
a mobile device
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 25
Easy Migration to
SAP Accounting
powered by SAP
HANA
 Install Financials add-on for SAP
ERP 6.0 EhP 7
 Compatibility of new accounting
solution with other SAP ERP
modules*
 Current SAP ERP processes and
reporting run on new accounting
solution with little or no changes
 Migrate to new solution at any
month end with low effort
* SAP Accounting powered by SAP HANA does not provide all capabilities
of current FI/CO
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 25
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 26
SAP Business Planning and Consolidation 10.1
• Unification of current BPC and BW capabilities in a
single model for planning and consolidation
• Unified models based on BW meta-data utilizing
proven data harmonization services provided by BW
• Seamless integration with SAP Accounting powered
by SAP HANA (no data replication, business
content)
• End-user centric plan configuration and planning
capabilities (incl. UI) provided by BPC NW 10.1
• Support for integrated business planning, dynamic
modeling and simulation
• HTML5 UI support for device-independent planning
SAP HANA Platform
SAP ERP / 3rd party ERP
SAP NetWeaver /SAP Business
Warehouse
EPM Excel Add-in / Analysis for Office
/ HTML 5 Web UI
SAP Business Planning and
Consolidation 10.1, version for SAP
NetWeaver
BPC NW and BW-IP come together in Unified BW-based
model
SAP Planning and Consolidation
BPCBW
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 27
Architecture for Integrated Business Planning
SAP HANA Platform
Single source of truth
SAP ERP SAP BPC
BW
Additional customer
benefits
• Fully harmonized master
data and data between
accounting, planning, and
financial risk
management
• Seamless integration of
planning into SAP ERP
user interface and
workflows
• End-to-end simulation
capabilities
Shared data and methods
• Master data (e.g., cost centers)
• Planning model
• Actuals, plans, budgets, forecasts
• Planning engine
• Entry of
transactional and
master data
• Variance analysis
actuals vs. plan
• Entry of planning
models and plan
data
• Flexible reporting
and analysis of
actuals
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 28
Architecture for Integrated Business Planning – Detail
HANA Views
ERP Tables:
Actual Data
MultiProvider
VirtualProvider
HANA Views
InfoObjects
In-Memory Cube:
Plan Data
ERP Tables:
Master Data
SAP Accounting powered by SAP HANA
SAP Planning and Consolidation 10.1
Same Architectural
Design as Actuals
• Single Planning application
resulting in real time plan
integration
• Fully supports top down /
bottom up at desired level of
detail
• Pure Line Item Data Storage
• FI and CO Dimensions
combined into a single record
• 100% Account based
planning concept - even for
CO-PA plan data.
• Shares Master data directly
with SAP ERP
• Can apply standard ERP
derivation logic.
© 2014 SAP AG or an SAP affiliate company. All rights reserved. 29
Example: Integrated Financial Planning
• Single planning solution for group P&L
plan and individual cost center plans,
fully embedded in ERP
• Real time access to ERP master data
and actuals
• Planning for years or entire account
segments and disaggregation to
periods and individual accounts
Plan data from departmental plans
roll up into group plan in real time,
no batch updates required
© 2014 SAP SE or an SAP affiliate company. All rights reserved. 30Public
ERP
Central Journal Whiteboard
A traditional BW option also does not allow for central transaction execution, shared
use of data between transaction processing, planning, consolidation and reporting,
or process optimizations
BWERP
source system(s) central BW system
process optimizations
reporting
business transactions

latency, aggregation
shared data, planning / consolidation features
© 2014 SAP SE or an SAP affiliate company. All rights reserved. 31Public
Central Journal Whiteboard
A consolidation ledger also does not allow for central transaction execution, shared
use of data between transaction processing, planning, consolidation and reporting,
or process optimizations
Consolidation
Ledgers
like Hyperion
ERP
source system(s) consolidation ledger
process optimizations
business transactions
latency, aggregation
reporting, consolidation

shared data, planning / consolidation features
ERP
ERP
© 2014 SAP SE or an SAP affiliate company. All rights reserved. 32Public
ERP
plan,consolidate,report*
* requires respective SAP products and licenses
Central Journal Whiteboard
Central transaction execution, shared use of data between transaction processing,
planning, consolidation and reporting, or process optimizations with central journal
Suite on
HANA
SAP HANA
(platform)
ERP
source system(s) central journal instancesource system(s)
Financial
Add-ons
process optimizations
business transactions

consolidated financial reporting

shared data, planning / consolidation features


Real-time
Reconciled
© 2014 SAP SE or an SAP affiliate company. All rights reserved. 33Public
Value Driver: Central process execution
Accounting and
Financial Close
Financial Planning
and Analysis
Treasury and
Financial Risk
Management
Collaborative
Finance Operations
Enterprise Risk
and Compliance
Management
Collaborative
Invoice to Pay
Travel Management
Receivables
Management
Enterprise Risk
Management
Controls & Compliance
Management
Access Governance
Accounting
Entity Close
Corporate Close
Develop and Translate
Strategy
Planning, Budgeting
and Forecasting
Profitability and Cost
Analysis
Payments and Bank
Communications
Cash and Liquidity
Management
Debt and Investment
Management
Monitoring and
Reporting
Reporting and
Disclosure
Financial Close
Governance
Commodity Risk
Management
Shared Services
Framework
Financial Risk
Management
International Trade
Management
dark blue = prime candidate (straight-forward, few customizing or MD requirements), light blue = customer option (more difficult, higher
customizing and MD requirements, closer to logistics processes / operational nature, grey = not applicable or recommended
Fraud Management
Audit Management
© 2014 SAP SE or an SAP affiliate company. All rights reserved. 34Public
Value Driver: Central execution (process categories)
 Financial reporting
 Management reporting
 Tax reporting
 Master Data Governance
 Group cash management
 Planning and Budgeting
 Treasury Management
 Risk Management
 Fraud Management
 Shared Services
 Travel Management
 Intercompany
 Cash Management
 Receivables Management
 Billing & Invoicing
 Collections Management
 Dispute resolution
 Payments processing
 Accounts Payable
 Bank Communication
Reporting Analysis / Processing Optimization
Customer Engagement Initiative: Simple Finance /
Central Journal
35
https://influence.sap.com/ct/s.bix?c=55C80A75-EBD7-481B-A4B6-6C2F8C214248
Contact carsten.hilker@sap.com to participate
Upcoming Events for SAP Controlling
Professionals
• Financial Excellence
Forum
• October 7 – 8, 2014
• Newtown Square, PA
• http://fm.sap.com/1mo
bile/SECHPE512_388
70_ban.htm
36
• Controlling 2014
• September 21-24,
2014
• San Diego, CA
• http://controlling2014.e
rpcorp.com/
Questions
• Now:
• Ask questions now for immediate answers
• Later:
• carsten.hilker@sap.com
37
Q&A
Disclaimer
SAP®, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver®, Duet®, PartnerEdge, and other SAP® products and
services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in
Germany and in several other countries all over the world. All other product and service names mentioned are the
trademarks of their respective companies. ERP Corp is neither owned nor controlled by SAP.

More Related Content

What's hot

Building the Business Case for SAP S/4HANA
Building the Business Case for SAP S/4HANABuilding the Business Case for SAP S/4HANA
Building the Business Case for SAP S/4HANA
Bluefin Solutions
 
SAP Simple Finance
SAP Simple Finance SAP Simple Finance
SAP Simple Finance
Johannes Le Roux
 
Simple Finance
Simple FinanceSimple Finance
Simple Finance
Karunesh Mishra
 
Creating Value with SAP BusinessObjects Planning and Consolidation, version f...
Creating Value with SAP BusinessObjects Planning and Consolidation, version f...Creating Value with SAP BusinessObjects Planning and Consolidation, version f...
Creating Value with SAP BusinessObjects Planning and Consolidation, version f...
dcd2z
 
SAP Central Finance One pager
SAP Central Finance One pagerSAP Central Finance One pager
SAP Central Finance One pager
carstenhilker
 
sap s4 hana introduction and outlook
sap s4 hana introduction and outlooksap s4 hana introduction and outlook
sap s4 hana introduction and outlook
Thomas Marius KITOUMA SAP Financial Expert
 
CFO Perspectives on SAP S/4HANA
CFO Perspectives on SAP S/4HANACFO Perspectives on SAP S/4HANA
CFO Perspectives on SAP S/4HANA
thinkASG
 
New Asset Accounting in S4 HANA
New Asset Accounting in S4 HANANew Asset Accounting in S4 HANA
New Asset Accounting in S4 HANA
raman2664
 
SAP Rapid Deployment Options
SAP Rapid Deployment OptionsSAP Rapid Deployment Options
SAP Rapid Deployment Options
John Jordan
 
Sap hana as a service value propositionslideshare
Sap hana as a service value propositionslideshare Sap hana as a service value propositionslideshare
Sap hana as a service value propositionslideshare
Ajay Kumar Uppal
 
SAP SIMPLE FINANCE S/4 HANA ONLINE TRAINING
SAP SIMPLE FINANCE S/4 HANA ONLINE TRAININGSAP SIMPLE FINANCE S/4 HANA ONLINE TRAINING
SAP SIMPLE FINANCE S/4 HANA ONLINE TRAINING
Meda Subbaraju
 
Sap S4 HANA Everything You Need To Know
Sap S4 HANA Everything You Need To Know Sap S4 HANA Everything You Need To Know
Sap S4 HANA Everything You Need To Know
Soumya De
 
SAP S/4HANA: Everything you need to know for a successul implementation
SAP S/4HANA: Everything you need to know for a successul implementationSAP S/4HANA: Everything you need to know for a successul implementation
SAP S/4HANA: Everything you need to know for a successul implementation
Bluefin Solutions
 
S/4 hana
S/4 hana S/4 hana
S/4 hana
adityafico
 
sFIN - Process Area
sFIN - Process AreasFIN - Process Area
sFIN - Process Area
Chandar Pokala
 
Con2012 salmon impact_of_sap_hana_revolutionary_changes_for_sap_controlling_data
Con2012 salmon impact_of_sap_hana_revolutionary_changes_for_sap_controlling_dataCon2012 salmon impact_of_sap_hana_revolutionary_changes_for_sap_controlling_data
Con2012 salmon impact_of_sap_hana_revolutionary_changes_for_sap_controlling_data
aadamserpcorp
 
SAP Simple Finance
SAP Simple FinanceSAP Simple Finance
SAP Simple Finance
SAP Latinoamérica
 
S4 hana internal pres jan 30
S4 hana internal pres jan 30S4 hana internal pres jan 30
S4 hana internal pres jan 30
najuor
 
S/4 HANA presentation at INDUS
S/4 HANA presentation at INDUSS/4 HANA presentation at INDUS
S/4 HANA presentation at INDUS
INDUSCommunity
 
Controlling 2012 Impact of SAP HANA
Controlling 2012 Impact of SAP HANAControlling 2012 Impact of SAP HANA
Controlling 2012 Impact of SAP HANA
John Jordan
 

What's hot (20)

Building the Business Case for SAP S/4HANA
Building the Business Case for SAP S/4HANABuilding the Business Case for SAP S/4HANA
Building the Business Case for SAP S/4HANA
 
SAP Simple Finance
SAP Simple Finance SAP Simple Finance
SAP Simple Finance
 
Simple Finance
Simple FinanceSimple Finance
Simple Finance
 
Creating Value with SAP BusinessObjects Planning and Consolidation, version f...
Creating Value with SAP BusinessObjects Planning and Consolidation, version f...Creating Value with SAP BusinessObjects Planning and Consolidation, version f...
Creating Value with SAP BusinessObjects Planning and Consolidation, version f...
 
SAP Central Finance One pager
SAP Central Finance One pagerSAP Central Finance One pager
SAP Central Finance One pager
 
sap s4 hana introduction and outlook
sap s4 hana introduction and outlooksap s4 hana introduction and outlook
sap s4 hana introduction and outlook
 
CFO Perspectives on SAP S/4HANA
CFO Perspectives on SAP S/4HANACFO Perspectives on SAP S/4HANA
CFO Perspectives on SAP S/4HANA
 
New Asset Accounting in S4 HANA
New Asset Accounting in S4 HANANew Asset Accounting in S4 HANA
New Asset Accounting in S4 HANA
 
SAP Rapid Deployment Options
SAP Rapid Deployment OptionsSAP Rapid Deployment Options
SAP Rapid Deployment Options
 
Sap hana as a service value propositionslideshare
Sap hana as a service value propositionslideshare Sap hana as a service value propositionslideshare
Sap hana as a service value propositionslideshare
 
SAP SIMPLE FINANCE S/4 HANA ONLINE TRAINING
SAP SIMPLE FINANCE S/4 HANA ONLINE TRAININGSAP SIMPLE FINANCE S/4 HANA ONLINE TRAINING
SAP SIMPLE FINANCE S/4 HANA ONLINE TRAINING
 
Sap S4 HANA Everything You Need To Know
Sap S4 HANA Everything You Need To Know Sap S4 HANA Everything You Need To Know
Sap S4 HANA Everything You Need To Know
 
SAP S/4HANA: Everything you need to know for a successul implementation
SAP S/4HANA: Everything you need to know for a successul implementationSAP S/4HANA: Everything you need to know for a successul implementation
SAP S/4HANA: Everything you need to know for a successul implementation
 
S/4 hana
S/4 hana S/4 hana
S/4 hana
 
sFIN - Process Area
sFIN - Process AreasFIN - Process Area
sFIN - Process Area
 
Con2012 salmon impact_of_sap_hana_revolutionary_changes_for_sap_controlling_data
Con2012 salmon impact_of_sap_hana_revolutionary_changes_for_sap_controlling_dataCon2012 salmon impact_of_sap_hana_revolutionary_changes_for_sap_controlling_data
Con2012 salmon impact_of_sap_hana_revolutionary_changes_for_sap_controlling_data
 
SAP Simple Finance
SAP Simple FinanceSAP Simple Finance
SAP Simple Finance
 
S4 hana internal pres jan 30
S4 hana internal pres jan 30S4 hana internal pres jan 30
S4 hana internal pres jan 30
 
S/4 HANA presentation at INDUS
S/4 HANA presentation at INDUSS/4 HANA presentation at INDUS
S/4 HANA presentation at INDUS
 
Controlling 2012 Impact of SAP HANA
Controlling 2012 Impact of SAP HANAControlling 2012 Impact of SAP HANA
Controlling 2012 Impact of SAP HANA
 

Similar to SAP Simple Finance

SAP PPM 6.0 powered by HANA
SAP PPM 6.0 powered by HANASAP PPM 6.0 powered by HANA
SAP PPM 6.0 powered by HANA
Espedia Consulting
 
Revolutionizing_Finance_Ovigele2020_VIR_S4HANA486.pdf
Revolutionizing_Finance_Ovigele2020_VIR_S4HANA486.pdfRevolutionizing_Finance_Ovigele2020_VIR_S4HANA486.pdf
Revolutionizing_Finance_Ovigele2020_VIR_S4HANA486.pdf
spmota
 
Automating Key Accountancy Processes
Automating Key Accountancy ProcessesAutomating Key Accountancy Processes
Automating Key Accountancy Processes
BlackLine
 
SAP S4HANA 1709 - Novedades in SAP Finances.pdf
SAP S4HANA 1709 - Novedades in SAP Finances.pdfSAP S4HANA 1709 - Novedades in SAP Finances.pdf
SAP S4HANA 1709 - Novedades in SAP Finances.pdf
rodolfo246793
 
Are Your Account Reconciliations in Good Shape?
Are Your Account Reconciliations in Good Shape?Are Your Account Reconciliations in Good Shape?
Are Your Account Reconciliations in Good Shape?
Justin Johnson
 
Ctac S/4HANA - Simplify Your Future - SAP: Nic vervoort
Ctac S/4HANA - Simplify Your Future - SAP: Nic vervoortCtac S/4HANA - Simplify Your Future - SAP: Nic vervoort
Ctac S/4HANA - Simplify Your Future - SAP: Nic vervoort
Ctac Belgium
 
FTA_S4_HANA_Finance_Overview_V2.pptx
FTA_S4_HANA_Finance_Overview_V2.pptxFTA_S4_HANA_Finance_Overview_V2.pptx
FTA_S4_HANA_Finance_Overview_V2.pptx
ssuser617903
 
The Future of Finance
The Future of FinanceThe Future of Finance
The Future of Finance
SAP Ariba
 
Intelligent Business Operations for Utilities, powered by SAP HANA
Intelligent Business Operations for Utilities, powered by SAP HANAIntelligent Business Operations for Utilities, powered by SAP HANA
Intelligent Business Operations for Utilities, powered by SAP HANA
Harsh Jegadeesan
 
Sap bpc - models -- comment ce real-time-planning-and-performance-management...
Sap bpc  - models -- comment ce real-time-planning-and-performance-management...Sap bpc  - models -- comment ce real-time-planning-and-performance-management...
Sap bpc - models -- comment ce real-time-planning-and-performance-management...
Roth-williams Adjibi
 
Sap s4 hana 1709 what's new in financial planning & analysis
Sap s4 hana 1709   what's new in financial planning & analysisSap s4 hana 1709   what's new in financial planning & analysis
Sap s4 hana 1709 what's new in financial planning & analysis
Edwin Weijers
 
Financial ManagementStarmanns2020_VIR_EUR595.pdf
Financial ManagementStarmanns2020_VIR_EUR595.pdfFinancial ManagementStarmanns2020_VIR_EUR595.pdf
Financial ManagementStarmanns2020_VIR_EUR595.pdf
spmota
 
Sap s4 hana 1709 what's new in finance v09 no hidden slides
Sap s4 hana 1709   what's new in finance v09 no hidden slidesSap s4 hana 1709   what's new in finance v09 no hidden slides
Sap s4 hana 1709 what's new in finance v09 no hidden slides
Edwin Weijers
 
Sneak Preview: Central Finance new in SAP planned innovations OP 1709
Sneak Preview: Central Finance new in SAP planned innovations OP 1709Sneak Preview: Central Finance new in SAP planned innovations OP 1709
Sneak Preview: Central Finance new in SAP planned innovations OP 1709
Edwin Weijers
 
Introduction to SAP Business One HANA
Introduction to SAP Business One HANAIntroduction to SAP Business One HANA
Introduction to SAP Business One HANA
Octopoda Consulting GmbH
 
1NT Webinar_Simple Projects
1NT Webinar_Simple Projects1NT Webinar_Simple Projects
1NT Webinar_Simple Projects
SHIVA PRASAD
 
Cio forum s4hana
Cio forum s4hanaCio forum s4hana
Cio forum s4hana
Ajay Kumar Uppal
 
SAP Innovations:Are you overlooking important functionality in SAP Controlling
SAP Innovations:Are you overlooking important functionality in SAP ControllingSAP Innovations:Are you overlooking important functionality in SAP Controlling
SAP Innovations:Are you overlooking important functionality in SAP Controlling
Alice Adams
 
SAP’s innovations – Are you overlooking important functionality in SAP Contro...
SAP’s innovations – Are you overlooking important functionality in SAP Contro...SAP’s innovations – Are you overlooking important functionality in SAP Contro...
SAP’s innovations – Are you overlooking important functionality in SAP Contro...
John Jordan
 
RDS_IBP_IBP1802_10_Best_Practices_Scope_Presentation_EN_XX.pdf
RDS_IBP_IBP1802_10_Best_Practices_Scope_Presentation_EN_XX.pdfRDS_IBP_IBP1802_10_Best_Practices_Scope_Presentation_EN_XX.pdf
RDS_IBP_IBP1802_10_Best_Practices_Scope_Presentation_EN_XX.pdf
andy564912
 

Similar to SAP Simple Finance (20)

SAP PPM 6.0 powered by HANA
SAP PPM 6.0 powered by HANASAP PPM 6.0 powered by HANA
SAP PPM 6.0 powered by HANA
 
Revolutionizing_Finance_Ovigele2020_VIR_S4HANA486.pdf
Revolutionizing_Finance_Ovigele2020_VIR_S4HANA486.pdfRevolutionizing_Finance_Ovigele2020_VIR_S4HANA486.pdf
Revolutionizing_Finance_Ovigele2020_VIR_S4HANA486.pdf
 
Automating Key Accountancy Processes
Automating Key Accountancy ProcessesAutomating Key Accountancy Processes
Automating Key Accountancy Processes
 
SAP S4HANA 1709 - Novedades in SAP Finances.pdf
SAP S4HANA 1709 - Novedades in SAP Finances.pdfSAP S4HANA 1709 - Novedades in SAP Finances.pdf
SAP S4HANA 1709 - Novedades in SAP Finances.pdf
 
Are Your Account Reconciliations in Good Shape?
Are Your Account Reconciliations in Good Shape?Are Your Account Reconciliations in Good Shape?
Are Your Account Reconciliations in Good Shape?
 
Ctac S/4HANA - Simplify Your Future - SAP: Nic vervoort
Ctac S/4HANA - Simplify Your Future - SAP: Nic vervoortCtac S/4HANA - Simplify Your Future - SAP: Nic vervoort
Ctac S/4HANA - Simplify Your Future - SAP: Nic vervoort
 
FTA_S4_HANA_Finance_Overview_V2.pptx
FTA_S4_HANA_Finance_Overview_V2.pptxFTA_S4_HANA_Finance_Overview_V2.pptx
FTA_S4_HANA_Finance_Overview_V2.pptx
 
The Future of Finance
The Future of FinanceThe Future of Finance
The Future of Finance
 
Intelligent Business Operations for Utilities, powered by SAP HANA
Intelligent Business Operations for Utilities, powered by SAP HANAIntelligent Business Operations for Utilities, powered by SAP HANA
Intelligent Business Operations for Utilities, powered by SAP HANA
 
Sap bpc - models -- comment ce real-time-planning-and-performance-management...
Sap bpc  - models -- comment ce real-time-planning-and-performance-management...Sap bpc  - models -- comment ce real-time-planning-and-performance-management...
Sap bpc - models -- comment ce real-time-planning-and-performance-management...
 
Sap s4 hana 1709 what's new in financial planning & analysis
Sap s4 hana 1709   what's new in financial planning & analysisSap s4 hana 1709   what's new in financial planning & analysis
Sap s4 hana 1709 what's new in financial planning & analysis
 
Financial ManagementStarmanns2020_VIR_EUR595.pdf
Financial ManagementStarmanns2020_VIR_EUR595.pdfFinancial ManagementStarmanns2020_VIR_EUR595.pdf
Financial ManagementStarmanns2020_VIR_EUR595.pdf
 
Sap s4 hana 1709 what's new in finance v09 no hidden slides
Sap s4 hana 1709   what's new in finance v09 no hidden slidesSap s4 hana 1709   what's new in finance v09 no hidden slides
Sap s4 hana 1709 what's new in finance v09 no hidden slides
 
Sneak Preview: Central Finance new in SAP planned innovations OP 1709
Sneak Preview: Central Finance new in SAP planned innovations OP 1709Sneak Preview: Central Finance new in SAP planned innovations OP 1709
Sneak Preview: Central Finance new in SAP planned innovations OP 1709
 
Introduction to SAP Business One HANA
Introduction to SAP Business One HANAIntroduction to SAP Business One HANA
Introduction to SAP Business One HANA
 
1NT Webinar_Simple Projects
1NT Webinar_Simple Projects1NT Webinar_Simple Projects
1NT Webinar_Simple Projects
 
Cio forum s4hana
Cio forum s4hanaCio forum s4hana
Cio forum s4hana
 
SAP Innovations:Are you overlooking important functionality in SAP Controlling
SAP Innovations:Are you overlooking important functionality in SAP ControllingSAP Innovations:Are you overlooking important functionality in SAP Controlling
SAP Innovations:Are you overlooking important functionality in SAP Controlling
 
SAP’s innovations – Are you overlooking important functionality in SAP Contro...
SAP’s innovations – Are you overlooking important functionality in SAP Contro...SAP’s innovations – Are you overlooking important functionality in SAP Contro...
SAP’s innovations – Are you overlooking important functionality in SAP Contro...
 
RDS_IBP_IBP1802_10_Best_Practices_Scope_Presentation_EN_XX.pdf
RDS_IBP_IBP1802_10_Best_Practices_Scope_Presentation_EN_XX.pdfRDS_IBP_IBP1802_10_Best_Practices_Scope_Presentation_EN_XX.pdf
RDS_IBP_IBP1802_10_Best_Practices_Scope_Presentation_EN_XX.pdf
 

More from John Jordan

Set up and utilize internal orders as standard SAP® functionality
Set up and utilize internal orders as standard SAP® functionalitySet up and utilize internal orders as standard SAP® functionality
Set up and utilize internal orders as standard SAP® functionality
John Jordan
 
how_rockwell_automation_optimized_its_product_costing_process
how_rockwell_automation_optimized_its_product_costing_processhow_rockwell_automation_optimized_its_product_costing_process
how_rockwell_automation_optimized_its_product_costing_process
John Jordan
 
Enhancement Packages 5 & 6 – Where to find the business functions that matter...
Enhancement Packages 5 & 6 – Where to find the business functions that matter...Enhancement Packages 5 & 6 – Where to find the business functions that matter...
Enhancement Packages 5 & 6 – Where to find the business functions that matter...
John Jordan
 
SAP Accounting powered by SAP HANA – Moving controlling and finance closer to...
SAP Accounting powered by SAP HANA – Moving controlling and finance closer to...SAP Accounting powered by SAP HANA – Moving controlling and finance closer to...
SAP Accounting powered by SAP HANA – Moving controlling and finance closer to...
John Jordan
 
SAP Career Advancement: Top Skills to Develop
SAP Career Advancement: Top Skills to Develop SAP Career Advancement: Top Skills to Develop
SAP Career Advancement: Top Skills to Develop
John Jordan
 
5 tips for sap material master buyer and planner functions
5 tips for sap material master buyer and planner functions5 tips for sap material master buyer and planner functions
5 tips for sap material master buyer and planner functions
John Jordan
 
Set up and utilize internal orders as standard SAP functionality
 Set up and utilize internal orders as standard SAP functionality Set up and utilize internal orders as standard SAP functionality
Set up and utilize internal orders as standard SAP functionality
John Jordan
 
SAP HANA and SAP Controlling – New Opportunities and New Challenges
SAP HANA and SAP Controlling – New Opportunities and New ChallengesSAP HANA and SAP Controlling – New Opportunities and New Challenges
SAP HANA and SAP Controlling – New Opportunities and New Challenges
John Jordan
 
A guide to functional areas and cost of sales P&L reporting in the SAP® Gener...
A guide to functional areas and cost of sales P&L reporting in the SAP® Gener...A guide to functional areas and cost of sales P&L reporting in the SAP® Gener...
A guide to functional areas and cost of sales P&L reporting in the SAP® Gener...
John Jordan
 
Controlling 2012 Systematic Guidelines for Reconciling CO-PA to the General L...
Controlling 2012 Systematic Guidelines for Reconciling CO-PA to the General L...Controlling 2012 Systematic Guidelines for Reconciling CO-PA to the General L...
Controlling 2012 Systematic Guidelines for Reconciling CO-PA to the General L...
John Jordan
 
Controlling 2012 Global Rollouts.pptx
Controlling 2012 Global Rollouts.pptxControlling 2012 Global Rollouts.pptx
Controlling 2012 Global Rollouts.pptx
John Jordan
 

More from John Jordan (11)

Set up and utilize internal orders as standard SAP® functionality
Set up and utilize internal orders as standard SAP® functionalitySet up and utilize internal orders as standard SAP® functionality
Set up and utilize internal orders as standard SAP® functionality
 
how_rockwell_automation_optimized_its_product_costing_process
how_rockwell_automation_optimized_its_product_costing_processhow_rockwell_automation_optimized_its_product_costing_process
how_rockwell_automation_optimized_its_product_costing_process
 
Enhancement Packages 5 & 6 – Where to find the business functions that matter...
Enhancement Packages 5 & 6 – Where to find the business functions that matter...Enhancement Packages 5 & 6 – Where to find the business functions that matter...
Enhancement Packages 5 & 6 – Where to find the business functions that matter...
 
SAP Accounting powered by SAP HANA – Moving controlling and finance closer to...
SAP Accounting powered by SAP HANA – Moving controlling and finance closer to...SAP Accounting powered by SAP HANA – Moving controlling and finance closer to...
SAP Accounting powered by SAP HANA – Moving controlling and finance closer to...
 
SAP Career Advancement: Top Skills to Develop
SAP Career Advancement: Top Skills to Develop SAP Career Advancement: Top Skills to Develop
SAP Career Advancement: Top Skills to Develop
 
5 tips for sap material master buyer and planner functions
5 tips for sap material master buyer and planner functions5 tips for sap material master buyer and planner functions
5 tips for sap material master buyer and planner functions
 
Set up and utilize internal orders as standard SAP functionality
 Set up and utilize internal orders as standard SAP functionality Set up and utilize internal orders as standard SAP functionality
Set up and utilize internal orders as standard SAP functionality
 
SAP HANA and SAP Controlling – New Opportunities and New Challenges
SAP HANA and SAP Controlling – New Opportunities and New ChallengesSAP HANA and SAP Controlling – New Opportunities and New Challenges
SAP HANA and SAP Controlling – New Opportunities and New Challenges
 
A guide to functional areas and cost of sales P&L reporting in the SAP® Gener...
A guide to functional areas and cost of sales P&L reporting in the SAP® Gener...A guide to functional areas and cost of sales P&L reporting in the SAP® Gener...
A guide to functional areas and cost of sales P&L reporting in the SAP® Gener...
 
Controlling 2012 Systematic Guidelines for Reconciling CO-PA to the General L...
Controlling 2012 Systematic Guidelines for Reconciling CO-PA to the General L...Controlling 2012 Systematic Guidelines for Reconciling CO-PA to the General L...
Controlling 2012 Systematic Guidelines for Reconciling CO-PA to the General L...
 
Controlling 2012 Global Rollouts.pptx
Controlling 2012 Global Rollouts.pptxControlling 2012 Global Rollouts.pptx
Controlling 2012 Global Rollouts.pptx
 

Recently uploaded

(CISOPlatform Summit & SACON 2024) Keynote _ Power Digital Identities With AI...
(CISOPlatform Summit & SACON 2024) Keynote _ Power Digital Identities With AI...(CISOPlatform Summit & SACON 2024) Keynote _ Power Digital Identities With AI...
(CISOPlatform Summit & SACON 2024) Keynote _ Power Digital Identities With AI...
Priyanka Aash
 
How to Build a Profitable IoT Product.pptx
How to Build a Profitable IoT Product.pptxHow to Build a Profitable IoT Product.pptx
How to Build a Profitable IoT Product.pptx
Adam Dunkels
 
TrustArc Webinar - 2024 Data Privacy Trends: A Mid-Year Check-In
TrustArc Webinar - 2024 Data Privacy Trends: A Mid-Year Check-InTrustArc Webinar - 2024 Data Privacy Trends: A Mid-Year Check-In
TrustArc Webinar - 2024 Data Privacy Trends: A Mid-Year Check-In
TrustArc
 
Data Integration Basics: Merging & Joining Data
Data Integration Basics: Merging & Joining DataData Integration Basics: Merging & Joining Data
Data Integration Basics: Merging & Joining Data
Safe Software
 
"Mastering Graphic Design: Essential Tips and Tricks for Beginners and Profes...
"Mastering Graphic Design: Essential Tips and Tricks for Beginners and Profes..."Mastering Graphic Design: Essential Tips and Tricks for Beginners and Profes...
"Mastering Graphic Design: Essential Tips and Tricks for Beginners and Profes...
Anant Gupta
 
Acumatica vs. Sage Intacct vs. NetSuite _ NOW CFO.pdf
Acumatica vs. Sage Intacct vs. NetSuite _ NOW CFO.pdfAcumatica vs. Sage Intacct vs. NetSuite _ NOW CFO.pdf
Acumatica vs. Sage Intacct vs. NetSuite _ NOW CFO.pdf
BrainSell Technologies
 
Three New Criminal Laws in India 1 July 2024
Three New Criminal Laws in India 1 July 2024Three New Criminal Laws in India 1 July 2024
Three New Criminal Laws in India 1 July 2024
aakash malhotra
 
WhatsApp Spy Online Trackers and Monitoring Apps
WhatsApp Spy Online Trackers and Monitoring AppsWhatsApp Spy Online Trackers and Monitoring Apps
WhatsApp Spy Online Trackers and Monitoring Apps
HackersList
 
Using LLM Agents with Llama 3, LangGraph and Milvus
Using LLM Agents with Llama 3, LangGraph and MilvusUsing LLM Agents with Llama 3, LangGraph and Milvus
Using LLM Agents with Llama 3, LangGraph and Milvus
Zilliz
 
Introduction-to-the-IAM-Platform-Implementation-Plan.pptx
Introduction-to-the-IAM-Platform-Implementation-Plan.pptxIntroduction-to-the-IAM-Platform-Implementation-Plan.pptx
Introduction-to-the-IAM-Platform-Implementation-Plan.pptx
313mohammedarshad
 
BLOCKCHAIN TECHNOLOGY - Advantages and Disadvantages
BLOCKCHAIN TECHNOLOGY - Advantages and DisadvantagesBLOCKCHAIN TECHNOLOGY - Advantages and Disadvantages
BLOCKCHAIN TECHNOLOGY - Advantages and Disadvantages
SAI KAILASH R
 
The Rise of AI in Cybersecurity How Machine Learning Will Shape Threat Detect...
The Rise of AI in Cybersecurity How Machine Learning Will Shape Threat Detect...The Rise of AI in Cybersecurity How Machine Learning Will Shape Threat Detect...
The Rise of AI in Cybersecurity How Machine Learning Will Shape Threat Detect...
digitalxplive
 
High Profile Girls call Service Pune 000XX00000 Provide Best And Top Girl Ser...
High Profile Girls call Service Pune 000XX00000 Provide Best And Top Girl Ser...High Profile Girls call Service Pune 000XX00000 Provide Best And Top Girl Ser...
High Profile Girls call Service Pune 000XX00000 Provide Best And Top Girl Ser...
bhumivarma35300
 
CHAPTER-8 COMPONENTS OF COMPUTER SYSTEM CLASS 9 CBSE
CHAPTER-8 COMPONENTS OF COMPUTER SYSTEM CLASS 9 CBSECHAPTER-8 COMPONENTS OF COMPUTER SYSTEM CLASS 9 CBSE
CHAPTER-8 COMPONENTS OF COMPUTER SYSTEM CLASS 9 CBSE
kumarjarun2010
 
Active Inference is a veryyyyyyyyyyyyyyyyyyyyyyyy
Active Inference is a veryyyyyyyyyyyyyyyyyyyyyyyyActive Inference is a veryyyyyyyyyyyyyyyyyyyyyyyy
Active Inference is a veryyyyyyyyyyyyyyyyyyyyyyyy
RaminGhanbari2
 
CiscoIconsLibrary cours de réseau VLAN.ppt
CiscoIconsLibrary cours de réseau VLAN.pptCiscoIconsLibrary cours de réseau VLAN.ppt
CiscoIconsLibrary cours de réseau VLAN.ppt
moinahousna
 
Uncharted Together- Navigating AI's New Frontiers in Libraries
Uncharted Together- Navigating AI's New Frontiers in LibrariesUncharted Together- Navigating AI's New Frontiers in Libraries
Uncharted Together- Navigating AI's New Frontiers in Libraries
Brian Pichman
 
RPA In Healthcare Benefits, Use Case, Trend And Challenges 2024.pptx
RPA In Healthcare Benefits, Use Case, Trend And Challenges 2024.pptxRPA In Healthcare Benefits, Use Case, Trend And Challenges 2024.pptx
RPA In Healthcare Benefits, Use Case, Trend And Challenges 2024.pptx
SynapseIndia
 
Tirana Tech Meetup - Agentic RAG with Milvus, Llama3 and Ollama
Tirana Tech Meetup - Agentic RAG with Milvus, Llama3 and OllamaTirana Tech Meetup - Agentic RAG with Milvus, Llama3 and Ollama
Tirana Tech Meetup - Agentic RAG with Milvus, Llama3 and Ollama
Zilliz
 
The Role of IoT in Australian Mobile App Development - PDF Guide
The Role of IoT in Australian Mobile App Development - PDF GuideThe Role of IoT in Australian Mobile App Development - PDF Guide
The Role of IoT in Australian Mobile App Development - PDF Guide
Shiv Technolabs
 

Recently uploaded (20)

(CISOPlatform Summit & SACON 2024) Keynote _ Power Digital Identities With AI...
(CISOPlatform Summit & SACON 2024) Keynote _ Power Digital Identities With AI...(CISOPlatform Summit & SACON 2024) Keynote _ Power Digital Identities With AI...
(CISOPlatform Summit & SACON 2024) Keynote _ Power Digital Identities With AI...
 
How to Build a Profitable IoT Product.pptx
How to Build a Profitable IoT Product.pptxHow to Build a Profitable IoT Product.pptx
How to Build a Profitable IoT Product.pptx
 
TrustArc Webinar - 2024 Data Privacy Trends: A Mid-Year Check-In
TrustArc Webinar - 2024 Data Privacy Trends: A Mid-Year Check-InTrustArc Webinar - 2024 Data Privacy Trends: A Mid-Year Check-In
TrustArc Webinar - 2024 Data Privacy Trends: A Mid-Year Check-In
 
Data Integration Basics: Merging & Joining Data
Data Integration Basics: Merging & Joining DataData Integration Basics: Merging & Joining Data
Data Integration Basics: Merging & Joining Data
 
"Mastering Graphic Design: Essential Tips and Tricks for Beginners and Profes...
"Mastering Graphic Design: Essential Tips and Tricks for Beginners and Profes..."Mastering Graphic Design: Essential Tips and Tricks for Beginners and Profes...
"Mastering Graphic Design: Essential Tips and Tricks for Beginners and Profes...
 
Acumatica vs. Sage Intacct vs. NetSuite _ NOW CFO.pdf
Acumatica vs. Sage Intacct vs. NetSuite _ NOW CFO.pdfAcumatica vs. Sage Intacct vs. NetSuite _ NOW CFO.pdf
Acumatica vs. Sage Intacct vs. NetSuite _ NOW CFO.pdf
 
Three New Criminal Laws in India 1 July 2024
Three New Criminal Laws in India 1 July 2024Three New Criminal Laws in India 1 July 2024
Three New Criminal Laws in India 1 July 2024
 
WhatsApp Spy Online Trackers and Monitoring Apps
WhatsApp Spy Online Trackers and Monitoring AppsWhatsApp Spy Online Trackers and Monitoring Apps
WhatsApp Spy Online Trackers and Monitoring Apps
 
Using LLM Agents with Llama 3, LangGraph and Milvus
Using LLM Agents with Llama 3, LangGraph and MilvusUsing LLM Agents with Llama 3, LangGraph and Milvus
Using LLM Agents with Llama 3, LangGraph and Milvus
 
Introduction-to-the-IAM-Platform-Implementation-Plan.pptx
Introduction-to-the-IAM-Platform-Implementation-Plan.pptxIntroduction-to-the-IAM-Platform-Implementation-Plan.pptx
Introduction-to-the-IAM-Platform-Implementation-Plan.pptx
 
BLOCKCHAIN TECHNOLOGY - Advantages and Disadvantages
BLOCKCHAIN TECHNOLOGY - Advantages and DisadvantagesBLOCKCHAIN TECHNOLOGY - Advantages and Disadvantages
BLOCKCHAIN TECHNOLOGY - Advantages and Disadvantages
 
The Rise of AI in Cybersecurity How Machine Learning Will Shape Threat Detect...
The Rise of AI in Cybersecurity How Machine Learning Will Shape Threat Detect...The Rise of AI in Cybersecurity How Machine Learning Will Shape Threat Detect...
The Rise of AI in Cybersecurity How Machine Learning Will Shape Threat Detect...
 
High Profile Girls call Service Pune 000XX00000 Provide Best And Top Girl Ser...
High Profile Girls call Service Pune 000XX00000 Provide Best And Top Girl Ser...High Profile Girls call Service Pune 000XX00000 Provide Best And Top Girl Ser...
High Profile Girls call Service Pune 000XX00000 Provide Best And Top Girl Ser...
 
CHAPTER-8 COMPONENTS OF COMPUTER SYSTEM CLASS 9 CBSE
CHAPTER-8 COMPONENTS OF COMPUTER SYSTEM CLASS 9 CBSECHAPTER-8 COMPONENTS OF COMPUTER SYSTEM CLASS 9 CBSE
CHAPTER-8 COMPONENTS OF COMPUTER SYSTEM CLASS 9 CBSE
 
Active Inference is a veryyyyyyyyyyyyyyyyyyyyyyyy
Active Inference is a veryyyyyyyyyyyyyyyyyyyyyyyyActive Inference is a veryyyyyyyyyyyyyyyyyyyyyyyy
Active Inference is a veryyyyyyyyyyyyyyyyyyyyyyyy
 
CiscoIconsLibrary cours de réseau VLAN.ppt
CiscoIconsLibrary cours de réseau VLAN.pptCiscoIconsLibrary cours de réseau VLAN.ppt
CiscoIconsLibrary cours de réseau VLAN.ppt
 
Uncharted Together- Navigating AI's New Frontiers in Libraries
Uncharted Together- Navigating AI's New Frontiers in LibrariesUncharted Together- Navigating AI's New Frontiers in Libraries
Uncharted Together- Navigating AI's New Frontiers in Libraries
 
RPA In Healthcare Benefits, Use Case, Trend And Challenges 2024.pptx
RPA In Healthcare Benefits, Use Case, Trend And Challenges 2024.pptxRPA In Healthcare Benefits, Use Case, Trend And Challenges 2024.pptx
RPA In Healthcare Benefits, Use Case, Trend And Challenges 2024.pptx
 
Tirana Tech Meetup - Agentic RAG with Milvus, Llama3 and Ollama
Tirana Tech Meetup - Agentic RAG with Milvus, Llama3 and OllamaTirana Tech Meetup - Agentic RAG with Milvus, Llama3 and Ollama
Tirana Tech Meetup - Agentic RAG with Milvus, Llama3 and Ollama
 
The Role of IoT in Australian Mobile App Development - PDF Guide
The Role of IoT in Australian Mobile App Development - PDF GuideThe Role of IoT in Australian Mobile App Development - PDF Guide
The Role of IoT in Australian Mobile App Development - PDF Guide
 

SAP Simple Finance

  • 2. © 2014 ERP Corp. All rights reserved. What is SAP Simple Finance? Carsten Hilker SAP
  • 3. Introduction 3 • Since the official release of SAP Simple Finance during SAPPHIRE, there has been tremendous interest in the latest, next generation SAP Finance solution • We’ll cover: • A quick overview • Simple Finance, SAP Accounting powered by SAP HANA, Central Journal scenario • Simplifications and innovations • Technical components and prerequisites • Deployment options • Make sure to join / attend: • Controlling 2014 September 21-24 San Diego • Financial Excellence Forum, October 7-8 Philadelphia • Customer Engagement Initiative: Simple Finance / Central Journal
  • 4. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 4 Aligned Single Source of Truth Provide one-stop access to all financial and non-financial data Ensure harmonized data without manual reconciliation Enable flexible data drill- down to actionable information © 2014 SAP AG or an SAP affiliate company. All rights reserved. 4
  • 5. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 5 One data instance as common basis for Transactions, Analysis, and Reporting • A single data copy in a shared data model • Aggregation of elementary records in real time • From serial processes to event driven collaboration • Various copies of data in different data models • Inherent data latency and alignment issues • Serial processes to ensure data quality Separation of Transactions, Analysis, and Accelerated Reporting SAP HANA (DRAM) Transact Analyze Accelerate Cache SAP HANA Enables a Single Source of Truth © 2014 SAP AG or an SAP affiliate company. All rights reserved. 5
  • 6. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 6 Architecture of SAP Accounting powered by SAP HANA Logistics Document CO Document FI Document Totals & Indices Financial Accounting Totals & Indices Management Account. From … Stability Processing Analytics CO Document FI Document Flexibility Aggregation on the fly via HANA views Pre-Defined Aggregates Flexibility Stability Processing Analytics Logical document Logistics Document … To Customer Benefits • Harmonized internal and external reporting • Higher flexibility in reporting and analysis • Significantly reduced reconciliation effort • Significantly reduced memory consumption • Central journal for heterogeneous system landscapes © 2014 SAP AG or an SAP affiliate company. All rights reserved. 6
  • 7. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 7 FI SAP HANA Live (Virtual Data Model – Logical Documents) CO CO-PA Master Master Data Web Dynpro Fiori Apps Business Objects BI Physical Documents Reporting Interfaces Embedded BW (queries) Reporting Architecture
  • 8. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 8 Reporting with Fiori Applications Customer Benefits • Reporting of the Financial Statement, Balances, Line Items • Simple and easy to use experience • Work seamlessly across devices – desktop or tablet • Collaboration functionality
  • 9. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 9 Discovery and analysis  Lumira  Explorer  Analysis for Office / for OLAP Discover. Predict. Create. Dashboards and apps Build engaging experiences Reporting  Crystal Reports  Web Intelligence Share information  Design Studio  Dashboards Reporting with SAP BusinessObjects Business Intelligence
  • 10. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 10 Reporting and Analysis Flexibility User-defined reporting • Users can explore data on the fly by restricting financial statements to self- defined data sub-segments • SAP will continue to provide standard reports but with focus on frequently used reports Available information • All record dimensions can be used for segmentation • Unrestricted selection of multiple dimensions for segmentation • Customer-specific dimensions can be easily added and are available for segmentation * * planned
  • 11. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 11 Harmonized Internal and External Reporting – Example WIP Customer Benefits • Insight into the “work in process” account in the balance sheet • Detail by production orders not finished at period-end • Drilldown to deeper levels like cost elements
  • 12. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 12 Significantly Reduced Reconciliation Effort  Obsolete – Reconciliation of multiple ledgers ** – because redundancy has been eliminated  Obsolete – Reconciliation Ledger ** – due to real-time integration from CO to FI  Obsolete – Reconciliation of totals vs. line items – because totals are dropped  Obsolete – Reconciliation of OLTP and OLAP – due to real-time analytics on OLTP  Drastically simplified – FI versus CO – due to 1:1 link on line item level  Drastically simplified – FI versus CO-PA * – due to link to CO-PA characteristics table  Faster financial close and lower costs * for account-based CO-PA and primary cost elements ** already available with New G/L in SAP ERP
  • 13. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 13 Significantly Reduced Memory Consumption  HANA data base compression  No more persistent indices and aggregates/totals  No replication to OLAP system for operational reporting  Lower TCO and higher through-put 18,5x Smaller data footprint observed based on real customer data
  • 14. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 14 Agile Real time finance processes Run event-driven processes with real-time execution Provide instant insight to action based on real-time information Enable comprehensive process oversight and risk management © 2014 SAP AG or an SAP affiliate company. All rights reserved. 14
  • 15. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 15 The Real Time Process Revolution Process status analytics Transactio n monitoring Control and risk analytics Real-time process oversight Personal analytics Elimination of batch execution Real-time reporting Intra-period simulations Continuous intra- period execution Acceleration of bottleneck steps Instant insight to action Real-time process execution Continuous Process
  • 16. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 16 Financial Close: Transition to Continuous Processing Processes designed for real-time operations eliminate close bottlenecks Real-time analytics for process oversight Close processes involve >100 tasks per entity with complex dependencies and batch bottlenecks Benefit Drivers • Eliminate end of period batch bottlenecks • Continuous intercompany reconciliation • Continuous financial reporting visibility • CO-PA & line item detail reconciliation • Automation for routine tasks • Full management visibility of close tasks Challenges • Multiple batch run dependencies • Batch bottlenecks delay downstream activities • High error correction efforts • Complex issues delayed till post close • Time pressured resolutions • Delayed visibility to reporting Entity Close Corporate Close Period End Close Within the period Traditional Financial Close Reporting on- demand Financial Close on SAP HANA Within the period Period End Close
  • 17. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 17 Financial Close: Intercompany Reconciliation on the Fly FBICR3 Reconcile Documents FBICS3 Select Documents FBICA3 Assign Documents Automatically New user experience Improved data drill down Reduced time to close books • Improved and accelerated automated matching • No more batch jobs, real time analysis supports continuous intra-period process execution • Improved user experience and enhanced data drill down reduce manual reconciliation effort • Better process oversight through new management dashboard
  • 18. Next Gen User Experience Fully Renewed User Roles • General Ledger Accountant • Cost Center Manager • Collection Specialist • Credit Manager More roles planned to follow © 2014 SAP AG or an SAP affiliate company. All rights reserved. 18
  • 19. Transactional Insights to Action Search and Explore SAP Smart Business Factsheet Task-based Access * Next Gen User Experience – Types of Fiori Applications
  • 20. Transaction Fiori Applications – Examples 20 Collections Worklist Prioritize activities automatically based on collections strategies Track progress against daily collections goals Trigger reassignment of items to balance workload Process Receivables Dive deep into details of customer account View receivables aging information Capture and track customers’ promises to pay invoices
  • 21. Smart Business Cockpits Available Cockpits for • Financial Close Manager • Receivables Manager Planned Cockpits for • Chief Financial Officer • Cash Manager • Payables Manager © 2014 SAP AG or an SAP affiliate company. All rights reserved. 21
  • 22. SAP Smart Business for Financial Close • Cockpit to monitor the progress of the entity close via KPI’s, also on a mobile device • Analyze the completion rate of closing tasks by multiple dimensions like region, country, company, milestone, working day, etc. • Monitor the tasks delayed and tasks in error with easy collaboration to respective task owners • Analysis of historic closing cycles • Solution shall expanded to other SAP solutions for the financial close
  • 23. New Solutions for Real Time Receivables Management SAP Receivables Manager supporting the Receivables Manager in Finance to monitor a continuous process SAP Customer Financial Fact Sheet enabling sales representatives to resolve open issues directly with the customer Real time
  • 24. Introducing SAP Cash Management powered by SAP HANA • Analyzing global bank balances and cash positions based on data from SAP and non-SAP systems • Integrated liquidity forecasting including cash flow analysis using multi dimensional real- time analytics • Central Bank Account Management including overdraft limit analysis, bank risk analysis, signatory management and workflow support • Smart Business for Cash Managers, a cockpit to monitor critical KPI’s, also on a mobile device
  • 25. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 25 Easy Migration to SAP Accounting powered by SAP HANA  Install Financials add-on for SAP ERP 6.0 EhP 7  Compatibility of new accounting solution with other SAP ERP modules*  Current SAP ERP processes and reporting run on new accounting solution with little or no changes  Migrate to new solution at any month end with low effort * SAP Accounting powered by SAP HANA does not provide all capabilities of current FI/CO © 2014 SAP AG or an SAP affiliate company. All rights reserved. 25
  • 26. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 26 SAP Business Planning and Consolidation 10.1 • Unification of current BPC and BW capabilities in a single model for planning and consolidation • Unified models based on BW meta-data utilizing proven data harmonization services provided by BW • Seamless integration with SAP Accounting powered by SAP HANA (no data replication, business content) • End-user centric plan configuration and planning capabilities (incl. UI) provided by BPC NW 10.1 • Support for integrated business planning, dynamic modeling and simulation • HTML5 UI support for device-independent planning SAP HANA Platform SAP ERP / 3rd party ERP SAP NetWeaver /SAP Business Warehouse EPM Excel Add-in / Analysis for Office / HTML 5 Web UI SAP Business Planning and Consolidation 10.1, version for SAP NetWeaver BPC NW and BW-IP come together in Unified BW-based model SAP Planning and Consolidation BPCBW
  • 27. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 27 Architecture for Integrated Business Planning SAP HANA Platform Single source of truth SAP ERP SAP BPC BW Additional customer benefits • Fully harmonized master data and data between accounting, planning, and financial risk management • Seamless integration of planning into SAP ERP user interface and workflows • End-to-end simulation capabilities Shared data and methods • Master data (e.g., cost centers) • Planning model • Actuals, plans, budgets, forecasts • Planning engine • Entry of transactional and master data • Variance analysis actuals vs. plan • Entry of planning models and plan data • Flexible reporting and analysis of actuals
  • 28. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 28 Architecture for Integrated Business Planning – Detail HANA Views ERP Tables: Actual Data MultiProvider VirtualProvider HANA Views InfoObjects In-Memory Cube: Plan Data ERP Tables: Master Data SAP Accounting powered by SAP HANA SAP Planning and Consolidation 10.1 Same Architectural Design as Actuals • Single Planning application resulting in real time plan integration • Fully supports top down / bottom up at desired level of detail • Pure Line Item Data Storage • FI and CO Dimensions combined into a single record • 100% Account based planning concept - even for CO-PA plan data. • Shares Master data directly with SAP ERP • Can apply standard ERP derivation logic.
  • 29. © 2014 SAP AG or an SAP affiliate company. All rights reserved. 29 Example: Integrated Financial Planning • Single planning solution for group P&L plan and individual cost center plans, fully embedded in ERP • Real time access to ERP master data and actuals • Planning for years or entire account segments and disaggregation to periods and individual accounts Plan data from departmental plans roll up into group plan in real time, no batch updates required
  • 30. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 30Public ERP Central Journal Whiteboard A traditional BW option also does not allow for central transaction execution, shared use of data between transaction processing, planning, consolidation and reporting, or process optimizations BWERP source system(s) central BW system process optimizations reporting business transactions  latency, aggregation shared data, planning / consolidation features
  • 31. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 31Public Central Journal Whiteboard A consolidation ledger also does not allow for central transaction execution, shared use of data between transaction processing, planning, consolidation and reporting, or process optimizations Consolidation Ledgers like Hyperion ERP source system(s) consolidation ledger process optimizations business transactions latency, aggregation reporting, consolidation  shared data, planning / consolidation features ERP ERP
  • 32. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 32Public ERP plan,consolidate,report* * requires respective SAP products and licenses Central Journal Whiteboard Central transaction execution, shared use of data between transaction processing, planning, consolidation and reporting, or process optimizations with central journal Suite on HANA SAP HANA (platform) ERP source system(s) central journal instancesource system(s) Financial Add-ons process optimizations business transactions  consolidated financial reporting  shared data, planning / consolidation features   Real-time Reconciled
  • 33. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 33Public Value Driver: Central process execution Accounting and Financial Close Financial Planning and Analysis Treasury and Financial Risk Management Collaborative Finance Operations Enterprise Risk and Compliance Management Collaborative Invoice to Pay Travel Management Receivables Management Enterprise Risk Management Controls & Compliance Management Access Governance Accounting Entity Close Corporate Close Develop and Translate Strategy Planning, Budgeting and Forecasting Profitability and Cost Analysis Payments and Bank Communications Cash and Liquidity Management Debt and Investment Management Monitoring and Reporting Reporting and Disclosure Financial Close Governance Commodity Risk Management Shared Services Framework Financial Risk Management International Trade Management dark blue = prime candidate (straight-forward, few customizing or MD requirements), light blue = customer option (more difficult, higher customizing and MD requirements, closer to logistics processes / operational nature, grey = not applicable or recommended Fraud Management Audit Management
  • 34. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 34Public Value Driver: Central execution (process categories)  Financial reporting  Management reporting  Tax reporting  Master Data Governance  Group cash management  Planning and Budgeting  Treasury Management  Risk Management  Fraud Management  Shared Services  Travel Management  Intercompany  Cash Management  Receivables Management  Billing & Invoicing  Collections Management  Dispute resolution  Payments processing  Accounts Payable  Bank Communication Reporting Analysis / Processing Optimization
  • 35. Customer Engagement Initiative: Simple Finance / Central Journal 35 https://influence.sap.com/ct/s.bix?c=55C80A75-EBD7-481B-A4B6-6C2F8C214248 Contact carsten.hilker@sap.com to participate
  • 36. Upcoming Events for SAP Controlling Professionals • Financial Excellence Forum • October 7 – 8, 2014 • Newtown Square, PA • http://fm.sap.com/1mo bile/SECHPE512_388 70_ban.htm 36 • Controlling 2014 • September 21-24, 2014 • San Diego, CA • http://controlling2014.e rpcorp.com/
  • 37. Questions • Now: • Ask questions now for immediate answers • Later: • carsten.hilker@sap.com 37 Q&A
  • 38. Disclaimer SAP®, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver®, Duet®, PartnerEdge, and other SAP® products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. ERP Corp is neither owned nor controlled by SAP.