Streamline Consolidation Processes with Pre-Configured Best Practices Content
Built on SAP BPC with plug and play capabilities, integrates to SAP ERP and SAP S/4HANA/BW and extensive business content for consolidation including pre-built rules for currency conversion, IC matching, elimination, NCI and equity method. It supports complex scenarios like acquisition, disposal and more.
Overview
Activate Pre-built Business Rules
All the key consolidation related functionalities are delivered out of the box. So, customer just need to update their master data like company details, chart of account, trading partner etc. and the solution is ready to use.
Deploy Faster with Lower TCO
The content is delivered in an encoded and pre-packaged form which can be directly deployed to customer's BPC Application. This ensures minimum efforts spent on installation and deployment.
Drives Fast Decision-Making with Enhanced Business Productivity
All the business content are pre-built with business workflow and finance related best practices. This enables business users by leveraging self service capabilities to take complete ownership of the consolidation solution.
Details
Solution Type
Extensions and Add-ons
Industry
Oil, Gas, and Energy, Consumer Products, Public Sector, Telecommunications, Cross-Industry
Compatibility
Works with
Features
Business rules have been built leveraging master data attributes. This ensures that system is flexible and scalable to accommodate additions/changes in business rules with minimum intervention from IT team. Any changes in business rules does not need complex scripting.
Pre-built consolidation process flow ensures that the business process is in line with the best practices. All the roles and responsibilities are clearly segregated for entity and group accountants. Process monitor ensures the consolidation progress is in line with the overall closing calendar.
Validation and controls dashboard ensures that the data adheres to the required controls. This helps to ensure data quality. Users can check the overall status of their consolidation group and sub-groups at an overall level and drill down to the entities using controls dashboard.
Plans and pricing
Standard Edition
Deploy legal consolidation with various scenarios including acquisition, disposal, change in ownership scenarios
Complete transparency using pre-built proofing reports for consolidation calculations including minority interest, equity accounting etc
Comprehensive set of attribute based consolidation rules ensuring scalability and adaptability
- Has prerequisite
Deploy legal consolidation with various scenarios including acquisition, disposal, change in ownership scenarios
Complete transparency using pre-built proofing reports for consolidation calculations including minority interest, equity accounting etc
Comprehensive set of attribute based consolidation rules ensuring scalability and adaptability
Customer reviews
Technical Information
| Solution Type | Extensions and Add-ons |
| Category | Accounting and Financial Close |
| Industry | Oil, Gas, and Energy, Consumer Products, Public Sector, Telecommunications, Cross-Industry |
| Works with |
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
| Deployment |
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| Operations |
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
| Security |
Follows the secure software development and operations lifecycle (SDLC) Secure practices include design, architecture, implementation, test, release preparation, shipment, operations, and support. Open-Source components run latest version. |
| Compliance |
Functional correctness This product has been tested for functional correctness using real-life business scenarios of customers. |
| Privacy policy |
SAP's privacy policy is not applicable to the use of this app. Please refer to the privacy policy provided by this app's partner. |
Resources
Syniti® Enterprise Performance Management
Syniti® Customer Success Stories
About Us
Publisher
BackOffice Associates Asia Pte Ltd
Syniti® Accelerating global and human progress, one data challenge at a time. We solve complex enterprise data transformation challenges by combining data expertise, intelligent software and packaged solution accelerators to yield certain and superior business outcomes.
