SlideShare a Scribd company logo
The Financial Close – Critical to Compliance
Business Benefits from Optimized Closing process
 Reduced costs of finance and compliance
 Increased investor confidence
 More time for making decisions based on reliable data
 Greater Quality and Greater Efficiency
 Faster Access to Financial information for Decision making
 More time for value and financial analysis
 Ability to respond to management requests and support key
initiatives
 Work-life balance for accounting staff
SAP Financial Closing Cockpit – Summary
SAP Financial Closing Cockpit – Areas of Improvements

More Related Content

What's hot

Aavenir webinar - RFPflow - Request for Proposal Management Software for Vend...
Aavenir webinar - RFPflow - Request for Proposal Management Software for Vend...Aavenir webinar - RFPflow - Request for Proposal Management Software for Vend...
Aavenir webinar - RFPflow - Request for Proposal Management Software for Vend...
Aavenir
 
Diksha BSS Case Study
Diksha BSS Case StudyDiksha BSS Case Study
Diksha BSS Case Study
Diksha Technologies
 
Automating Account Reconciliations to Mitigate Compliance Risk
Automating Account Reconciliations to Mitigate Compliance RiskAutomating Account Reconciliations to Mitigate Compliance Risk
Automating Account Reconciliations to Mitigate Compliance Risk
Proformative, Inc.
 
3 stages to set up for automation
3 stages to set up for automation3 stages to set up for automation
3 stages to set up for automation
Teoman Akyuz
 
SunEdison Manages Cash Flow with SAP Business Planning and Consolidations
SunEdison Manages Cash Flow with SAP Business Planning and ConsolidationsSunEdison Manages Cash Flow with SAP Business Planning and Consolidations
SunEdison Manages Cash Flow with SAP Business Planning and Consolidations
rnaramore
 
Partnering for Your Success
Partnering for Your SuccessPartnering for Your Success
Partnering for Your Success
Kyriba Corporation
 
Manage business risks and obligations using contract management software
Manage business risks and obligations using contract management softwareManage business risks and obligations using contract management software
Manage business risks and obligations using contract management software
Aavenir
 
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
 
อบรมด้าน CPM
อบรมด้าน CPMอบรมด้าน CPM
อบรมด้าน CPM
Kitipan Kitbamroong Ph.D. CISA
 
Automating Account Reconciliation to Mitigate Compliance Risk
Automating Account Reconciliation to Mitigate Compliance RiskAutomating Account Reconciliation to Mitigate Compliance Risk
Automating Account Reconciliation to Mitigate Compliance Risk
Proformative, Inc.
 
Rfp management for healthcare standardize & streamline your rfp process
Rfp management for healthcare standardize & streamline your rfp processRfp management for healthcare standardize & streamline your rfp process
Rfp management for healthcare standardize & streamline your rfp process
Aavenir
 
Smarter processes and technology optimize working capital
Smarter processes and technology optimize working capitalSmarter processes and technology optimize working capital
Smarter processes and technology optimize working capital
Genpact Ltd
 
NetSuite Reporting for High Transaction Volume & Self-Serve Businesses
NetSuite Reporting for High Transaction Volume & Self-Serve BusinessesNetSuite Reporting for High Transaction Volume & Self-Serve Businesses
NetSuite Reporting for High Transaction Volume & Self-Serve Businesses
Leapfin
 
Kenan USA Diksha Case Study
Kenan USA Diksha Case StudyKenan USA Diksha Case Study
Kenan USA Diksha Case Study
Diksha Technologies
 
Generating impact through standardized global processes
Generating impact through standardized global processesGenerating impact through standardized global processes
Generating impact through standardized global processes
Genpact Ltd
 
Building BI Project
Building BI ProjectBuilding BI Project
Building BI Project
Pooja Prabhu
 
24*7 IFS Service Desk
24*7 IFS Service Desk24*7 IFS Service Desk
24*7 IFS Service Desk
Envecon
 
CapNET - Connecting Fund Managers with Stock Brokers
CapNET - Connecting Fund Managers with Stock BrokersCapNET - Connecting Fund Managers with Stock Brokers
CapNET - Connecting Fund Managers with Stock Brokers
Subbiah (Subbu) Rajagopal
 
BlackLine-Benefits-Overview
BlackLine-Benefits-OverviewBlackLine-Benefits-Overview
BlackLine-Benefits-Overview
Trevor Sawyer
 
Automation Anywhere - Imagine New York 2019 - Stant
Automation Anywhere - Imagine New York 2019 - StantAutomation Anywhere - Imagine New York 2019 - Stant
Automation Anywhere - Imagine New York 2019 - Stant
Automation Anywhere
 

What's hot (20)

Aavenir webinar - RFPflow - Request for Proposal Management Software for Vend...
Aavenir webinar - RFPflow - Request for Proposal Management Software for Vend...Aavenir webinar - RFPflow - Request for Proposal Management Software for Vend...
Aavenir webinar - RFPflow - Request for Proposal Management Software for Vend...
 
Diksha BSS Case Study
Diksha BSS Case StudyDiksha BSS Case Study
Diksha BSS Case Study
 
Automating Account Reconciliations to Mitigate Compliance Risk
Automating Account Reconciliations to Mitigate Compliance RiskAutomating Account Reconciliations to Mitigate Compliance Risk
Automating Account Reconciliations to Mitigate Compliance Risk
 
3 stages to set up for automation
3 stages to set up for automation3 stages to set up for automation
3 stages to set up for automation
 
SunEdison Manages Cash Flow with SAP Business Planning and Consolidations
SunEdison Manages Cash Flow with SAP Business Planning and ConsolidationsSunEdison Manages Cash Flow with SAP Business Planning and Consolidations
SunEdison Manages Cash Flow with SAP Business Planning and Consolidations
 
Partnering for Your Success
Partnering for Your SuccessPartnering for Your Success
Partnering for Your Success
 
Manage business risks and obligations using contract management software
Manage business risks and obligations using contract management softwareManage business risks and obligations using contract management software
Manage business risks and obligations using contract management software
 
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?
 
อบรมด้าน CPM
อบรมด้าน CPMอบรมด้าน CPM
อบรมด้าน CPM
 
Automating Account Reconciliation to Mitigate Compliance Risk
Automating Account Reconciliation to Mitigate Compliance RiskAutomating Account Reconciliation to Mitigate Compliance Risk
Automating Account Reconciliation to Mitigate Compliance Risk
 
Rfp management for healthcare standardize & streamline your rfp process
Rfp management for healthcare standardize & streamline your rfp processRfp management for healthcare standardize & streamline your rfp process
Rfp management for healthcare standardize & streamline your rfp process
 
Smarter processes and technology optimize working capital
Smarter processes and technology optimize working capitalSmarter processes and technology optimize working capital
Smarter processes and technology optimize working capital
 
NetSuite Reporting for High Transaction Volume & Self-Serve Businesses
NetSuite Reporting for High Transaction Volume & Self-Serve BusinessesNetSuite Reporting for High Transaction Volume & Self-Serve Businesses
NetSuite Reporting for High Transaction Volume & Self-Serve Businesses
 
Kenan USA Diksha Case Study
Kenan USA Diksha Case StudyKenan USA Diksha Case Study
Kenan USA Diksha Case Study
 
Generating impact through standardized global processes
Generating impact through standardized global processesGenerating impact through standardized global processes
Generating impact through standardized global processes
 
Building BI Project
Building BI ProjectBuilding BI Project
Building BI Project
 
24*7 IFS Service Desk
24*7 IFS Service Desk24*7 IFS Service Desk
24*7 IFS Service Desk
 
CapNET - Connecting Fund Managers with Stock Brokers
CapNET - Connecting Fund Managers with Stock BrokersCapNET - Connecting Fund Managers with Stock Brokers
CapNET - Connecting Fund Managers with Stock Brokers
 
BlackLine-Benefits-Overview
BlackLine-Benefits-OverviewBlackLine-Benefits-Overview
BlackLine-Benefits-Overview
 
Automation Anywhere - Imagine New York 2019 - Stant
Automation Anywhere - Imagine New York 2019 - StantAutomation Anywhere - Imagine New York 2019 - Stant
Automation Anywhere - Imagine New York 2019 - Stant
 

Recently uploaded

Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdfUnlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf
Malak Abu Hammad
 
Essentials of Automations: The Art of Triggers and Actions in FME
Essentials of Automations: The Art of Triggers and Actions in FMEEssentials of Automations: The Art of Triggers and Actions in FME
Essentials of Automations: The Art of Triggers and Actions in FME
Safe Software
 
Microsoft - Power Platform_G.Aspiotis.pdf
Microsoft - Power Platform_G.Aspiotis.pdfMicrosoft - Power Platform_G.Aspiotis.pdf
Microsoft - Power Platform_G.Aspiotis.pdf
Uni Systems S.M.S.A.
 
Full-RAG: A modern architecture for hyper-personalization
Full-RAG: A modern architecture for hyper-personalizationFull-RAG: A modern architecture for hyper-personalization
Full-RAG: A modern architecture for hyper-personalization
Zilliz
 
Artificial Intelligence for XMLDevelopment
Artificial Intelligence for XMLDevelopmentArtificial Intelligence for XMLDevelopment
Artificial Intelligence for XMLDevelopment
Octavian Nadolu
 
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdfFIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance
 
GraphSummit Singapore | Neo4j Product Vision & Roadmap - Q2 2024
GraphSummit Singapore | Neo4j Product Vision & Roadmap - Q2 2024GraphSummit Singapore | Neo4j Product Vision & Roadmap - Q2 2024
GraphSummit Singapore | Neo4j Product Vision & Roadmap - Q2 2024
Neo4j
 
RESUME BUILDER APPLICATION Project for students
RESUME BUILDER APPLICATION Project for studentsRESUME BUILDER APPLICATION Project for students
RESUME BUILDER APPLICATION Project for students
KAMESHS29
 
A tale of scale & speed: How the US Navy is enabling software delivery from l...
A tale of scale & speed: How the US Navy is enabling software delivery from l...A tale of scale & speed: How the US Navy is enabling software delivery from l...
A tale of scale & speed: How the US Navy is enabling software delivery from l...
sonjaschweigert1
 
20240605 QFM017 Machine Intelligence Reading List May 2024
20240605 QFM017 Machine Intelligence Reading List May 202420240605 QFM017 Machine Intelligence Reading List May 2024
20240605 QFM017 Machine Intelligence Reading List May 2024
Matthew Sinclair
 
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...
Neo4j
 
GraphSummit Singapore | Enhancing Changi Airport Group's Passenger Experience...
GraphSummit Singapore | Enhancing Changi Airport Group's Passenger Experience...GraphSummit Singapore | Enhancing Changi Airport Group's Passenger Experience...
GraphSummit Singapore | Enhancing Changi Airport Group's Passenger Experience...
Neo4j
 
Removing Uninteresting Bytes in Software Fuzzing
Removing Uninteresting Bytes in Software FuzzingRemoving Uninteresting Bytes in Software Fuzzing
Removing Uninteresting Bytes in Software Fuzzing
Aftab Hussain
 
Enchancing adoption of Open Source Libraries. A case study on Albumentations.AI
Enchancing adoption of Open Source Libraries. A case study on Albumentations.AIEnchancing adoption of Open Source Libraries. A case study on Albumentations.AI
Enchancing adoption of Open Source Libraries. A case study on Albumentations.AI
Vladimir Iglovikov, Ph.D.
 
“I’m still / I’m still / Chaining from the Block”
“I’m still / I’m still / Chaining from the Block”“I’m still / I’m still / Chaining from the Block”
“I’m still / I’m still / Chaining from the Block”
Claudio Di Ciccio
 
Video Streaming: Then, Now, and in the Future
Video Streaming: Then, Now, and in the FutureVideo Streaming: Then, Now, and in the Future
Video Streaming: Then, Now, and in the Future
Alpen-Adria-Universität
 
Monitoring Java Application Security with JDK Tools and JFR Events
Monitoring Java Application Security with JDK Tools and JFR EventsMonitoring Java Application Security with JDK Tools and JFR Events
Monitoring Java Application Security with JDK Tools and JFR Events
Ana-Maria Mihalceanu
 
Mind map of terminologies used in context of Generative AI
Mind map of terminologies used in context of Generative AIMind map of terminologies used in context of Generative AI
Mind map of terminologies used in context of Generative AI
Kumud Singh
 
Introduction to CHERI technology - Cybersecurity
Introduction to CHERI technology - CybersecurityIntroduction to CHERI technology - Cybersecurity
Introduction to CHERI technology - Cybersecurity
mikeeftimakis1
 
みなさんこんにちはこれ何文字まで入るの?40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの?えこ...
みなさんこんにちはこれ何文字まで入るの?40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの?えこ...みなさんこんにちはこれ何文字まで入るの?40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの?えこ...
みなさんこんにちはこれ何文字まで入るの?40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの?えこ...
名前 です男
 

Recently uploaded (20)

Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdfUnlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf
 
Essentials of Automations: The Art of Triggers and Actions in FME
Essentials of Automations: The Art of Triggers and Actions in FMEEssentials of Automations: The Art of Triggers and Actions in FME
Essentials of Automations: The Art of Triggers and Actions in FME
 
Microsoft - Power Platform_G.Aspiotis.pdf
Microsoft - Power Platform_G.Aspiotis.pdfMicrosoft - Power Platform_G.Aspiotis.pdf
Microsoft - Power Platform_G.Aspiotis.pdf
 
Full-RAG: A modern architecture for hyper-personalization
Full-RAG: A modern architecture for hyper-personalizationFull-RAG: A modern architecture for hyper-personalization
Full-RAG: A modern architecture for hyper-personalization
 
Artificial Intelligence for XMLDevelopment
Artificial Intelligence for XMLDevelopmentArtificial Intelligence for XMLDevelopment
Artificial Intelligence for XMLDevelopment
 
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdfFIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
 
GraphSummit Singapore | Neo4j Product Vision & Roadmap - Q2 2024
GraphSummit Singapore | Neo4j Product Vision & Roadmap - Q2 2024GraphSummit Singapore | Neo4j Product Vision & Roadmap - Q2 2024
GraphSummit Singapore | Neo4j Product Vision & Roadmap - Q2 2024
 
RESUME BUILDER APPLICATION Project for students
RESUME BUILDER APPLICATION Project for studentsRESUME BUILDER APPLICATION Project for students
RESUME BUILDER APPLICATION Project for students
 
A tale of scale & speed: How the US Navy is enabling software delivery from l...
A tale of scale & speed: How the US Navy is enabling software delivery from l...A tale of scale & speed: How the US Navy is enabling software delivery from l...
A tale of scale & speed: How the US Navy is enabling software delivery from l...
 
20240605 QFM017 Machine Intelligence Reading List May 2024
20240605 QFM017 Machine Intelligence Reading List May 202420240605 QFM017 Machine Intelligence Reading List May 2024
20240605 QFM017 Machine Intelligence Reading List May 2024
 
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...
 
GraphSummit Singapore | Enhancing Changi Airport Group's Passenger Experience...
GraphSummit Singapore | Enhancing Changi Airport Group's Passenger Experience...GraphSummit Singapore | Enhancing Changi Airport Group's Passenger Experience...
GraphSummit Singapore | Enhancing Changi Airport Group's Passenger Experience...
 
Removing Uninteresting Bytes in Software Fuzzing
Removing Uninteresting Bytes in Software FuzzingRemoving Uninteresting Bytes in Software Fuzzing
Removing Uninteresting Bytes in Software Fuzzing
 
Enchancing adoption of Open Source Libraries. A case study on Albumentations.AI
Enchancing adoption of Open Source Libraries. A case study on Albumentations.AIEnchancing adoption of Open Source Libraries. A case study on Albumentations.AI
Enchancing adoption of Open Source Libraries. A case study on Albumentations.AI
 
“I’m still / I’m still / Chaining from the Block”
“I’m still / I’m still / Chaining from the Block”“I’m still / I’m still / Chaining from the Block”
“I’m still / I’m still / Chaining from the Block”
 
Video Streaming: Then, Now, and in the Future
Video Streaming: Then, Now, and in the FutureVideo Streaming: Then, Now, and in the Future
Video Streaming: Then, Now, and in the Future
 
Monitoring Java Application Security with JDK Tools and JFR Events
Monitoring Java Application Security with JDK Tools and JFR EventsMonitoring Java Application Security with JDK Tools and JFR Events
Monitoring Java Application Security with JDK Tools and JFR Events
 
Mind map of terminologies used in context of Generative AI
Mind map of terminologies used in context of Generative AIMind map of terminologies used in context of Generative AI
Mind map of terminologies used in context of Generative AI
 
Introduction to CHERI technology - Cybersecurity
Introduction to CHERI technology - CybersecurityIntroduction to CHERI technology - Cybersecurity
Introduction to CHERI technology - Cybersecurity
 
みなさんこんにちはこれ何文字まで入るの?40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの?えこ...
みなさんこんにちはこれ何文字まで入るの?40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの?えこ...みなさんこんにちはこれ何文字まで入るの?40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの?えこ...
みなさんこんにちはこれ何文字まで入るの?40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの?えこ...
 

Template cloco

  • 1. The Financial Close – Critical to Compliance
  • 2. Business Benefits from Optimized Closing process  Reduced costs of finance and compliance  Increased investor confidence  More time for making decisions based on reliable data  Greater Quality and Greater Efficiency  Faster Access to Financial information for Decision making  More time for value and financial analysis  Ability to respond to management requests and support key initiatives  Work-life balance for accounting staff
  • 3. SAP Financial Closing Cockpit – Summary
  • 4. SAP Financial Closing Cockpit – Areas of Improvements