Often, the first step in switching to a new SAP ERP system is in the financial area. If companies decide on a complete ERP solution for all areas, the introduction of S/4HANA with its full range of functions is a good choice. For specialized tasks in finance and accounting, S/4HANA Finance has extended functionalities. The software significantly accelerates business processes in finance – and thus reduces manual effort and costs.
The future-oriented in-memory technology SAP HANA significantly simplifies financial processes. At the same time, the system offers clear evaluations based on real-time data. A central interface brings together information from heterogeneous sources (such as controlling, accounting and liquidity management, etc.). Thus, both financial accounting and analytical controlling use one and the same document. Manual reconciliations are no longer necessary and releases are made directly in the system via workflows. In this way, accounting, for example, runs automatically – taking into account international regulations. The user-friendly interface and various user roles make working under S/4HANA even easier.