CFOs and their teams are confronted with various challenges on a daily basis. In addition, these changed requirements demand new tools. In addition, technological progress in the application market is also forcing processes, master data, and
to rethink and restructure organizational structures. The technology factor - in particular the use of innovative and strategic tools such as S/4HANA Finance - represents a key success aspect in the transformation of finance as a support function.
Ensure that you have access to coordinated and uniform data in finance and controlling, thus guaranteeing the "single source of truth approach".
The account-based presentation eliminates time-consuming reconciliation work and relieves your specialist department. Real-time integration with financial accounting ensures consistency of figures and increases the transparency of your accounting.
Guarantee a comprehensive picture of your business partners and which default risk is to be expected. Automatically check creditworthiness at order entry and at the time of goods issue. This is the only way to reduce bad debt losses and evaluate business partners quickly and reliably.
Using Business Partner in S/4HANA brings benefits. Face the challenges of a Business Partner Conversion and thus create more efficiency for your accounts receivable and accounts payable in the long term.
The Virtual Data Model builds on the new HANA tables and enables new reporting possibilities on S/4HANA through a large network of virtual data models. This makes it possible for your end and key users to run reporting more efficiently and in a more goal-oriented manner.
Leverage SAP Document Compliance and guarantee compliance with legal requirements.
One of the most significant changes in S/4HANA is the merging of internal and external accounting in the Universal Journal.
The new general ledger is not an option, it is mandatory! The functionalities of parallel accounting and document splitting known from the new general ledger with the balance sheet and P&L presentation on BU level (including profit center and segment) is now extended by the integration of the accounting-based profitability analysis. For a meaningful use of these functionalities - and so that the IT implementation or S/4 transformation can deliver the desired added value and form a corresponding competitive advantage - a harmonization of structures, master data and processes should take place.
On your way to S/4HANA, we offer the following services:
Development of a roadmap and a migration strategy for the transition to S/4HANA Finance. FICO should be seen as part of the overall strategy for the migration to S/4HANA. FICO activities should be integrated into the overall project plan and considered in coordination with the IT strategy and the planned design and implementation in logistics.
Migration of FICO master and transaction data. Both general and from ERP to S/4HANA.