The document discusses SAP Financial Closing Cockpit, a tool that helps optimize the financial closing cycle. It provides a global plan for the close and adds value for companies of all sizes. The cockpit schedules tasks across systems to allow for a more efficient, accurate and controlled closing. Using the cockpit can help businesses reduce finance and compliance costs while increasing investor confidence and time for decision making.

1. SAP Financial Closing
Cockpit
Giriraj Kumar Mohata
November 6, 2023 © 2008 Wipro Ltd - Confidential 1

2. The Financial Close – Critical to Compliance

3. Business Benefits from Optimized Closing Cycles
Business
• Reduced costs of finance and compliance
• Increased investor confidence
• More time for making decisions based on reliable
data

4. Barriers to an Efficient, Accurate & Controlled
Closing

5. Financial Close with SAP – Driver of Savings
and Benefits

6. SAP Financial Closing Cockpit - Providing the
global game plan for the close

7. SAP Financial Closing Cockpit - Adding value for
all sizes of companies and corporates

8. SAP Financial Closing Cockpit - Scheduling
across systems

9. Currently in Ramp-Up: BI Reports based on SAP
Financial Closing Cockpit – some examples

10. SAP Financial Closing Cockpit – Template and
Task List - 1

11. SAP Financial Closing Cockpit – Template and
Task List - 2

12. SAP Financial Closing Cockpit – The Schedule &
Monitor Concept

13. SAP Financial Closing Cockpit – Monitoring of the
closing status

14. SAP Financial Closing Cockpit – Continuous
improvement of the closing cycle

15. SAP Financial Closing Cockpit – A Look under
the Hood

16. SAP Financial Closing Cockpit in mixed IT
Environments – enabled by SAP CPS

17. SAP Financial Closing Cockpit – Summary

18. SAP Financial Closing Cockpit – Areas of
Improvements

19. Thank You
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