SAP ERP Financials provides you with the most comprehensive global financial management solution available today. With SAP ERP Financials, you gain the following benefits to ensure compliance and better predict business performance:

• Improve corporate performance – SAP ERP Financials gives you the ability to quickly read, evaluate, and respond to changing business conditions with effective business strategies – such as defining financial targets, developing a suitable business plan, and monitoring costs and revenue during execution.
• Achieve faster closes – With SAP ERP Financials, you can streamline consolidation, process scheduling, workflow, and collaboration.
• Improve corporate governance and transparency – SAP ERP Financials provides broader support of accounting standards, federal regulations, and improved administration of internal controls.
• Shorten days sales outstanding – SAP ERP Financials automates dispute, credit, and collections management – and offers electronic invoicing and payment capabilities that supplement traditional accounts receivable and accounts payable functions.
• Optimize global cash management – With SAP ERP Financials, you can report, analyze, and allocate cash in real time, and establish in-house banks or payment centers.
• Improve financial and managerial reporting – SAP ERP Financials gives you the flexibility to report performance by business unit, organization, or cost center.
• Improve process integration between finance and treasury – With SAP ERP Financials, you can integrate risk and treasury transactions with core accounting and financial reporting processes.
• Make finance costs more competitive – SAP ERP Financials helps you innovate processes, collaborate with supply chain partners, and establish global shared-service operations.