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Modernize your accounting processes with SAP S/4HANA Cloud Public Edition
As an accounting leader, you are facing increasing pressure to ensure your organization has the tools and data needed to drive growth and success. Outdated or underpowered systems will start hindering your ability to provide the insights necessary for timely, strategic decision-making, such as maximizing return on investment, improving free cash flow, and reducing costs. By undertaking a business system modernization project and implementing a future-proof cloud-based ERP, you’ll gain access to a single source of financial truth, process automation to streamline and eliminate manual tasks while providing the real-time information needed to support your organization's strategic planning, goals and achieve optimal financial visibility and health.
Record-to-report optimization delivers fast, reliable financials
The core of SAP's accounting, financial close, and reporting software helps you optimize your finance and accounting operations, including AP/AR, closing, consolidation, management reporting, and legal reporting.
- Streamline Operations with Automation:
- Eliminate manual tasks: Leverage intelligent automation to automate accounting postings, financial consolidation, and reporting, reducing manual effort and increasing efficiency. (AI (Artificial Intelligence), ML (Machine Learning) and RPA (Robotic Process Automation)
- Drive Informed Decision-Making:
- Enhance data reliability: Gain deeper insights and make more confident decisions with accurate, auditable financial and management reporting.
- Strengthen compliance: Ensure adherence to financial regulations and accounting standards.
- Leverage the predictive capabilities of the system to gain confidence in your decision-making.
- Achieve Real-Time Business Intelligence:
- Centralized data: Access a unified source of financial truth for comprehensive reporting and analysis. User configurable dashboards allow instant access to the KPIs relevant to need and role without having to request IT resources.
- Flexible insights: Gain granular visibility into financial performance and explore various scenarios to support strategic decision-making.
Group Reporting:
- Unified entity and group close reporting - Access a single source of truth for local operational and group-level data, and drill down from consolidated reports to transactional data.
- Continuous accounting - Achieve real-time performance monitoring, identify and correct issues pre-close, and distribute workloads continuously and evenly over the accounting period.
- Advanced group consolidation features - Collaborate across embedded intercompany reconciliation processes, and support inter- and intra-segment elimination with innovative reporting functionality.
Financial Close
- Closing templates - Start with best-practice entity close content, then use sequencing and dependencies to fit your organization’s needs and reuse templates across multiple companies and cycles.
- Closing automation - Increase the efficiency and speed of your close with automation routines, execute jobs across your landscape, and give your team intuitive, self-service access to closing transactions.
- Monitoring and insights - Achieve real-time insight into your financial close process and help ensure the quality and governance of each close to meet regulatory disclosure mandates.
Account Substantiation
- Streamlined reconciliation - Accelerate financial closings by bridging complexities with automated integration of SAP ERP and SAP S/4HANA.
- Connected finance and accounting processes - Unify people, information, and technology and support continuous accounting and improvement.
- Automation of labor-intensive financial close and compliance processes - Reduce or eliminate routine manual tasks and increase visibility and standardization with intelligent workflows that help accounting and finance teams focus on high-risk areas and support ongoing business strategies and policies.
Intercompany Management
- Efficient Transaction Processing - Establish clear intercompany trading guidelines and streamline the entire transaction lifecycle, from creation and validation to workflow management and substantiation.
- Automated Reconciliation and Settlement - Automatically match intercompany transactions, identify discrepancies, and minimize settlement efforts through bilateral netting, reducing the number of transactions required between entities.
- Enhanced Transparency and Control - Gain a comprehensive view of intercompany settlement balances from a single location, ensuring data integrity, regulatory compliance, and improved visibility into aggregated, bilaterally netted payables or receivables.
Accelerate your journey to the cloud with GROW with SAP
The GROW with SAP program equips you with proven tools and methodologies to streamline your SAP S/4HANA Cloud implementation. Enjoy a predictable timeline that minimizes surprises and ensures a smooth transition. Furthermore, GROW with SAP provides flexible, role-specific training designed to empower your entire team. Build essential skills and maximize user adoption, paving the way for a successful cloud migration.
Watch an SAP S/4HANA Cloud Public Edition Overview Demo On-demand
The 
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