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Top 10 Unique Benefits of SAP S/4HANA for Finance

Finance leaders are investing in the next generation of technology to provide better insights to their company, improve collaboration and automate their core processes. By doing so, they increase their influence on strategic Decisions, well beyond their finance function. To meet the requirements of today’s business environment, SAP S/4HANA Finance is a truly unique platform.

1. From batch to real-time
          Run your financial closing in a much faster way
    SAP S/4HANA Finance is natively built on SAP’s in-memory platform allowing finance organizations to move from lengthy batch-oriented processes to real-time processes.

 

2. Single source of truth
          Accelerate intercompany reconciliation and improve its accuracy
    SAP S/4HANA Finance features the Universal Journal for financial and management accounting. All your finance applications access the same up-to-date data.

 

3. No aggregation and data duplication
          Better identify what has contributed to cash movements.
    With SAP S/4HANA Finance, your applications work at the line item level providing much deeper business insights

 

4. Transactional and analytical data combined
          Move from static annual planning, into a real-time dynamic planning.
    SAP S/4HANA Finance delivers insights that include historical, actuals and predictive data into the same view.

 

5. Smart applications
          Automatically match payments and invoices with machine learning.
    New intelligent services, like IoT, machine learning and modern analytics, are now integrated into your core finance processes to deliver automation and predictive insights.

 

6. Nondisruptive replacement
          Ensure a seamless transition for your custom applications.
    Transitioning to SAP S/4HANA Finance doesn’t disrupt any of your current operations.

 

7. Centralized finance
          Centrally manage your group cash and liquidity.
    You can run SAP S/4HANA Finance in a shared services model, centralizing all your transactions into a consolidated instance.

 

8. The complete, consistent choice
          Adopt innovation at your own pace.
    SAP S/4HANA’s code line, simplified data model, and modern user experience is consistent for both cloud and on-premise.

 

9. Global coverage
          Ensure up-to-date statutory and regulatory compliance.
    With 45+ years of industry experience, 26 industries, and 62 country versions, SAP S/4HANA Finance covers all your major finance scenarios.

 

10. Consumer-grade UI
          Accelerate adoption and empower your users.
    SAP S/4HANA Finance embraces the SAP Fiori design to deliver a beautiful, consumer-grade experience to your finance applications.

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