The information needed by financial consolidation and other enterprise performance management applications typically resides in numerous source systems and general ledgers (GLs) distributed throughout the enterprise.

With disparate information, the process of accessing, mapping, verifying and loading financial data can present serious logistical challenges and require the manual re-keying of data or the use of intermediate text files. More than being labour-intensive and time consuming, these methods are highly susceptible to poor data quality and may lead to inaccurate results.

Organisations need a reliable, transparent and repeatable data management process that maximises productivity, provides transparency to minimise the cost of compliance, and ultimately increases overall confidence in the results.

Powerful Connectivity, Mapping and Loading Designed for Business Users

The SAP BusinessObjects Financial Information Management application can enable you to manage the process of accessing, mapping and loading information from source systems to the SAP BusinessObjects Financial Consolidation application, and combines ease-of-use with full compliance, trust and reliability – all the way from source to disclosure.

The application provides extensive connectivity to SAP and non-SAP systems by incorporating the SAP BusinessObjects Data Integrator – a powerful data integration application. By combining robust data collection capabilities with strong finance controls, data validation and auditability, SAP BusinessObjects Financial Information Management ensures the delivery of quality financial data.

With the SAP BusinessObjects Financial Information Management application, you can:

• Close faster without sacrificing data quality by using streamlined financial consolidation and reporting processes
• Achieve confidence and corporate compliance with reliable data for legal reporting and management decisions
• Save time and money by simplifying data integration, enabling finance to standardise and lower the cost of compliance