Accelerate closing by integrating reconciliation, adjustment and attestation processes
This solution is designed to provide a central platform to execute and monitor reconciliations, create adjustments and substantiate balances using best-practice workflows.
Overview
Accelerate financial close processes on your SAP S/4HANA platform
Complete financial close processes in days, not weeks with streamlined and automated reconciliations, adjustments and and balance sign-off processes in one central system based on efficient, intelligent workflows.
Assure accuracy through single source of truth and control with full audit trail
Improve data integrity with real-time SAP S/4HANA interaction and reduce audit risks and additional compliance checks with unparalleled data trail and accuracy.
Simplify and centralise account reconciliation, adjustment and balance sign-off
Full integration with SAP S/4HANA allows for always accurate GL data being worked on. Automated workflows can be configured to execute and monitor reconciliation and sign-off processes. Role-based processes simplify the assignment, resolution and documentation of issues. Integration with Financial Product Subledger allows for live drill-down into GL Balances to the most granular level (subledger transactions and posting documents)
Details
Solution type
Extensions and Add-ons
Industry
Insurance, Banking
Compatibility
Works with
Features
Simplified and centralised reconciliations
The solution allows building and executing multiple tracks with daily automated reconciliations, workflow and exception overviews, and features like aging and thresholds.
Flexible manual adjustments
Financial Control allows for both single and bulk transactions adjustments in subledgers directly from reconciliation breaks, with simulation options and inline error remediation.
Apply our efficient, best practice account balance sign-off workfllow
Set up your account sign-off process flexibly, using multiple dimensions. Distribute and execute work aligned to operational industry standards (Work Items to Teams, People to Teams) to accelerate your closing process.
Plans and pricing
Fioneer Financial Control - TRIAL
TRIAL version only for test purpose and with a limitation of 1.000 assets / premiums.
Price unavailable in this region- Minimum contract 3 months
- Has prerequisite
See all pricing details TRIAL version only for test purpose and with a limitation of 1.000 assets / premiums.
Fioneer Financial Control
Total Assets of the bank for insurance company and financial services provider is the toal assets as disclosed in the latest annual statement of the legal entity in a fiscal year.
Premiums of the insurance company is the total gross premiums as disclosed in the latest annual statement of the legal entity in a fiscal year.
Price upon request- Has prerequisite
See all pricing details Total Assets of the bank for insurance company and financial services provider is the toal assets as disclosed in the latest annual statement of the legal entity in a fiscal year.
Premiums of the insurance company is the total gross premiums as disclosed in the latest annual statement of the legal entity in a fiscal year.
Technical Information
| Solution type | Extensions and Add-ons |
| Category | Governance, Risk, Compliance (GRC), and Cybersecurity |
| Industry | Insurance, Banking |
| 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.
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Resources
FC Online Documentation
Fioneer Website
FC Product Website
