Central Finance is a system that receives financial accounting transactions in real-time from SAP or non-SAP source systems via replication. It provides advanced reporting across segments, entities, and groups from a single system. It also enables centralized process execution and acts as a digital transformation platform. Use cases include data harmonization, finance transformation, system consolidation, and moving finance processes to the cloud. It offers finance process execution, a universal journal, single platform for transactions and analysis, and cloud connectivity. Benefits include improved process efficiency, reduced costs, optimized resource allocation, and quicker adaptation to changing business needs.

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Central Finance One Pager
What
S/4HANA system, installed as side-car, receiving financial accounting
transactions via real-time replication from SAP or non-SAP ERP source
systems
Value proposition
• Advanced segment, entity and group reporting (single/same system)
• Scalable local and central process execution
• Transformation platform for the digital enterprise
Non-disruptive; any enterprise, SAP or not, can start using S/4HANA
Finance innovations in as little as 3-6 months
Use Cases
• Data harmonization, information standardization
• Finance transformation, enterprise digitization
• Application / interface rationalization, decommissioning
• Moving to the cloud / leveraging the cloud (HCP)
• System consolidation, same-system transactions and reporting
• Integrated planning, consolidation, transactions, reporting (4 in 1)
• Process centralization, (shared services), re-organizations, M&A
• Zero-touch Finance, exception-based finance management
Solution capabilities
• Finance process execution (finance, planning, consolidation)
• Universal Journal, as single source of truth
• Single (same) platform for transactions and analysis
• Enterprise KPI repository, digital boardroom
• Fiori user interaction / user experience
• Excel-based data queries and analysis
• Cloud connectors, HCP connectivity (Fiori-as-a-service, business applications)
Enabling functions & features
• Transaction logging (SAP source systems)
• Real-time Replication, business mapping
• Inbound posting with customer extension for data digitization
• Error correction, reconciliation reporting, back-posting
Business Benefits
• Improve process efficiency, self-service analytics
• Minimize manual processes, reduce costs for different processing methods
• Reduce cycle times / transaction cost, re-deploy labor to value-added activities
• Optimize resource allocation, realize cross-entity market potential
• Improve cash management, collections, and receivables
• Quickly adapt to changing business environments
• Align individual with corporate goals, establish single source of truth
version 1.03.1 – MAY 2016