Accounting and financial close
Unlock timely insights to remain competitive amid continued disruption
Guide your business with real-time insights
Manage uncertainty and increase speed and accuracy with AI insights. Improve decision-making along your value chain and plan smarter with harmonised data and processes.
Increase efficiency to boost productivity
Accelerate financial close activities for both entity and group levels to help finance and accounting teams achieve peak performance.
Enable compliance and improve sustainability
Elevate financial results and sustainability reporting. Highlight quantified risks behind business decisions and automate internal financial controls and risk remediation.
Accounting and financial close assistants
AI assistants enable an agentic workforce to execute and help coordinate complex and critical financial closing processes, transforming the closing process.
Financial Closing Assistant
The Financial Closing Assistant orchestrates the agentic team managing the financial-period close. Control each agent’s level of autonomy, so they can selectively perform journal posting, clearing, and analysis tasks.
Accounts Payable Assistant
Empower your accounts payable process to be self-sufficient with AI-powered automation to resolve payment exceptions and reconcile vendors.
Accounts Receivable Assistant
Prepare collection calls, automate dispute resolution, and give AR teams a 360-degree customer view—helping finance teams reduce days sales outstanding and collect cash faster.
Explore accounting and financial close capabilities
Streamline accounting and financial close processes and improve accuracy with automation.
A single source of financial truth
Record all accounting data in one source supporting multiple accounting principles and real-time ledger valuations.
Efficient financial transactions recording
Increase finance efficiency and accuracy with automatic postings and allocations, situation handling, and flexible workflows.
AI-enhanced user guidance
Understand complex accounting settings with built-in or in-context natural language assistance.
Unified entity and group close
Improve governance and enable compliance of entity and corporate close using real-time insights and automated processes.
Streamlined and enhanced real estate processes
Gain accurate and timely insights about land use, buildings, and spaces in your real estate portfolio.
Single source of truth for all contract data
Manage all real estate contracts in one location, including lease-in, lease-out, and customer and vendor contracts.
Automation of lease accounting processes
Support end-to-end processes for managing leased assets with compliance activities related to IFRS 16 and ASC 842 standards.
AI insights
Summarize lease and real estate accounting data in natural language to share within your organisation.
Simplified account substantiation and reconciliation
Accelerate financial closing by quickly and accurately substantiating and reconciling financial data and accounts.
Improved finance and accounting performance
Increase accounting and finance efficiency and productivity with more visibility into close progress and advanced automation.
Faster, more accurate reports
Substantially improve reporting processes with trusted, centralised data to generate reports more quickly and accurately.
Closing templates
Start with best-practice entity-close content, use sequencing and dependencies to fit your needs, and reuse templates.
Closing automation
Increase closing efficiency and speed with automation, execute jobs, and get self-service access to closing transactions.
Monitoring and insights
Meet regulatory disclosure mandates and help ensure quality of each close with real-time insights.
Closing orchestration
Add intelligent automation to streamline high-frequency and high-volume manual closing tasks and reduce the risk of errors.
Unified entity and group close reporting
Access one source of truth for operational and group-level data. Drill down from consolidated reports to transactional data.
Continuous accounting
Get real-time performance monitoring, correct issues within the financial closing period, and distribute workloads continuously.
Advanced group consolidation
Collaborate across embedded intercompany reconciliation processes.
Accurate financial picture
Automate complex transactions for reporting with intercompany elimination.
Improved data transparency
Get a unified view of finance data based on transactional details by connecting SAP ERP and third-party ERP source systems.
Efficient, standardised processes
Integrate, standardise, and automate financial operations. Help reduce costs and shorten cycle times.
Consolidation and close
Explore features available in the financial closing add-on for financial consolidation, advanced financial closing, and account substantiation.
See how customers are succeeding with SAP
Transforming business processes
Learn how adesso Group standardises processes and complex finance and accounting systems with SAP S/4HANA Cloud Public Edition.
Improving account substantiation and automation
See how SAP gains efficiency and transparency, uses real-time reporting, and reduces risk for its end-to-end accounting processes.
Clarifying complex finance operations
Find out how Diplomat Distributors reduces complexity and increases productivity in its finance operations.
See what analysts are saying about SAP
SAP named a Leader for Cloud ERP Finance
Explore why Gartner® named SAP as a Leader in its 2025 Magic Quadrant™ report for Cloud ERP Finance.
SAP named a Leader for Financial Planning Software
Explore why Gartner® named SAP as a Leader in its 2025 Magic Quadrant™ report for Financial Planning Software.
Navigate the transition to IFRS 18
Join us for a series of webcasts to learn about IFRS 18 requirements and how SAP customers can transition.
Featured resources
Transform finance and accounting
Discover how SAP S/4HANA seamlessly integrates processes, enhances financial visibility, and supports sustainability.
Streamline financial management and improve performance
Watch how SAP S/4HANA Cloud for central finance consolidates financial systems into a unified platform with real-time updates, reducing errors and inefficiencies.
Revolutionise group reporting
Learn how SAP Business AI enhances reporting, centralises feedback, and boosts efficiency by delivering more precise financial insights that drive tangible, real-world results.
Better together: SAP and BlackLine
Learn how SAP and BlackLine deliver the gold standard for record to report, achieving significant results for the office of the CFO.