SAP Business Suite

Financial Management – Innovations 2011 features

Accounting and Financial Close

  • Expedite reorganization of segments with automated support
  • Improve efficiency by integrating general ledger and fixed assets
  • Ensure compliance with local accounting requirements
  • Streamline configuration and execution of the entity close
  • Facilitate corporate close by automating complex activities
  • Increase governance of financial master data

Financial Performance Management

  • Update user interface and transaction execution
  • Get the data you need with new reporting options

Commodity Risk Management

  • Ensure successful management of critical business risks and compliance with government regulations
  • Accurately identify and measure commodity price and currency exposure to mitigate related risks

Modernized Finance User Experience

  • Facilitate review and recording of additional information – notes, attachments, master data, and charts – during transaction execution

Receivables Management

  • Document all details of credit decision making to optimize compliance with legal requirements

Travel Management

  • Increase integration capabilities with third-party, online booking tools
  • Optimize legal and process requirements for expense management, including localization demands

Treasury and Financial Risk Management

  • Manage and reduce risk arising from commodity price volatility
  • Reduce reconciliation time for bank statements
  • Facilitate cash position reporting and cash forecasting

 

Employee on laptop representing SAP business suite applications for financial management
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