sap simplefinance

  • SAP Lumira, Edge Edition

    Data Discovery and Visualization for Teams and Departments

    SAP Lumira, Edge edition is a software solution that quickly helps teams and departments to better understand data and use it to tell stories that captivate audiences. Running on standard hardware, the solution includes an in-memory engine that speeds up discovery of hidden patterns and outliers using beautiful visualizations and infographics that can be shared throughout the organization.

    Key Functions and Features

    Data discovery using interactive visualizations and charts to convey qualitative and quantitative knowledge
    Access data mashups and content created with SAP Lumira, desktop
    Create data stories with boards, infographics or custom charts that draw the audience’s attention
    Collaboration by viewing, editing, and sharing content in a web browser or mobile device (native app)
    Secure portal – Secure access to content for authorized decision makers
  • SAP S/4HANA Simple Finance

    The SAP S/4HANA Finance to Revolutionize Finance Departments

    • Does your CFO want their finance departments to Become more strategic to the business?
    • Does your CFO want to support the drive for constant innovation?
    • Does your CFO want to Improve decision makers’ “time to action” with real-time, meaningful data?

    SAP S/4HANA Finance is a comprehensive solution powered by SAP HANA for the CFO office that delivers instant insights with on-the-fly analysis across all dimensions of financial data simultaneously without system limitations due to the need for prebuilt aggregates and data marts.

    SAP S/4HANA Finance covers the following areas of finance:

    • Financial planning and analysis
    • Accounting and financial close
    • Treasury and financial risk management
    • Collaborative finance operations
    • Enterprise risk and compliance management

    What SAP S/4 HANA Finance offers:

    • Built-in ability to use prediction, simulation, and analysis to evaluate the financial implications of strategic business options
    • One common view of financial and operational data, to help ensure enterprise-wide consistency and reduce reconciliation time and errors
    • Optimization of business processes
    • Real-time data across all financial dimensions
    • A beautiful user experience
    • On-premise, hybrid, and cloud deployment options and a nondisruptive migration path

    Achieving a One Day Close with SAP Simple Finance. How?

    Eliminate closing tasks

    • Due to architectural or process changes, a closing task may no longer be required.
    • Example: Many reconciliation tasks (like FI vs. CO) are no longer needed in SAP Accounting powered by SAP HANA.

    Change closing tasks to real - time execution

    • The closing task is no longer executed separately, but it is integrated in real - time into ongoing business activities.
    • Example: Posting expenses to a cost center will automatically derive profitability information. No more explicit settlement.

    Change closing tasks to continuous execution

    • The closing task is not gone, but much smother / faster. Thus, it can be easily run multiple times within the period.
    • Example: IC Reconciliation on HANA does not need any more batch loading and matching – one can run it every day.

    Accelerate remaining closing tasks

    • Significant reduction in run time. The task may still be executed just once at period end for the hard close.
    • Example: Asset depreciation or calculation of production variances.