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Accounting, Financial Close and Tax Management

Streamline reconciliation and consolidation processes and enable compliant reporting.

Record-to-report optimisation leads to fast and trusted financials

Streamline your finance and accounting processes – from financial close and consolidation to management and legal reporting.

Accounting and Financial Close visual
Automate manual processes and deliver efficiency

Free up your team’s time for more value-added activities. With intelligent automation and recommendations, machine learning, and advanced analytics capabilities, you can reduce manual effort spent on generating accounting postings and financial consolidation and reporting.

Make better decisions with more-reliable data

Strengthen financial compliance while supporting multiple accounting standards. SAP accounting software can help guide decision-making with full visibility, and auditability that builds trust in your financial and management reporting.

Steer the business with continuous insight

Gain a single source of financial truth for management and statutory reporting. Doing so brings instant business insight with drill-down analysis from the highest to the lowest level of detail and the flexibility to evaluate different scenarios to help steer business decisions.

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Join us in Barcelona

International Conference on Financial Close and Reporting
October 18-19, 2022

Explore accounting and financial close solutions from SAP

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Unified entity and group close reporting

Access a single source of truth for local operational and group-level data, and drill down from consolidated reports to transactional data.

Continuous accounting

Achieve real-time performance monitoring and identify and correct issues pre-close. Distribute workloads continuously and evenly over the accounting period.

Advanced group consolidation features

Enable collaboration across embedded intercompany reconciliation processes, and support inter- and intra-segment elimination with innovative reporting functionality.

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Closing templates

Start with best-practice entity close content; use sequencing and dependencies to fit your organisation’s needs; reuse templates across multiple companies and cycles.

Closing automation

Increase the efficiency and speed of your close with automation routines; execute jobs across your landscape; give your team intuitive, self-service access to closing transactions.

Monitoring and insights

Achieve real-time insight into your financial close process and ensure the quality and governance of each close to meet regulatory disclosure mandates.

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Single platform for reporting and transaction execution

Connect SAP ERP source systems and non-SAP ERP source systems.

Adaptable rollout

Implement a phased rollout by organisation, location, system, and process;  reduce risk through a side-car deployment approach; phased onboarding of SAP S/4HANA.

Accelerated adoption and ROI

Leverage integrated integration capabilities, roll out the functionality you want, when you want, with a customised deployment.

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Streamline reconciliation

Integrate with SAP ERP and SAP S/4HANA through automation, bridging complexities to speed closings.

Connect finance and accounting processes

Unify people, information, and technology and support continuous accounting and improvement.

Automate labour-intensive financial close and compliance processes

Reduce or eliminate routine manual tasks and increase visibility and standardisation with intelligent workflows that help accounting and finance focus on high-risk areas and support ongoing business strategies and policies.

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Centralised intercompany processing

Initiate, approve, and book transactions; enforce intercompany trading relationships; enable transaction creation as well as validation, workflows, and substantiation.

Intercompany reconciliation and settlements

Automate matching of intercompany transactions; create reconciling items for unmatched dealings; reduce transactions required for settlement between entities through bilateral netting.

Global view with transparency and control

Consolidate settlement balance information between entities into one location; gain the highest degree of data integrity and regulatory compliance; boost visibility into aggregated, bilaterally netted payables or receivables between entities.

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Location and space management

Create and manage all types of real estate objects and get a centralised information source for your organisation’s real estate portfolio.

Centralised business processes

Integrate asset management postings and reports; real estate controlling; and planning and controlling of new building developments, maintenance, and modernization projects.

Contract management

Manage all contracts related to your real estate portfolio, including lease-in, lease-out, customer, and vendor contracts.

What are analysts saying?

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Connect and transform finance and accounting

Find out how companies are performing after the economic downturns in 2020, and how CFOs can boost performance and help organisations recover and prosper again.

Event Spotlight

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In-person events for central finance

Learn how to gain powerful insight into your financial management and accounting processes with the SAP S/4HANA solution for central finance at one of these in-person events, presented by SAP and TAC Events:

International Conference on Central Finance
Barcelona, Spain
September 20-21, 2022

Register now >

North America Conference on Central Finance
Chicago, Illinois, United States
October 24-25, 2022

Register now >

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