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  • PS for Flexible Financial Instruments Accounting
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PS for Flexible Financial Instruments Accounting
Overview
  • Overview
  • Features
  • Plans and pricing
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EY ifb SE

Implement an Accounting Subledger solution for Financial Instruments in just a few Months

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Our Packaged Solution for Financial Instruments Accounting provides a pre-configured SAP FPSL solution for Financial Instruments based on ready-to-use data and accounting definition sheets. At the same time, it allows a modular packaging of all content to fit your specific roadmap requirements.

By EY ifb SE

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Overview

Take the rapid route to implementing SAP FPSL for financial instruments

Leverage our best practice and ready-to-use data and accounting definition sheets. Benefit from our guided workshop material for financial instrument accounting.

Reduce your project cost

Don't start at square one. Re-use the financial contents and posting results already available in your organisation and combine them with a template-rich delivery approach that helps creating benefits from day one.

Flex-up your implementation and align it with roadmap and budget restrictions

Our modular packaging of core and extended functions allows you to realize just those accounting functionalities that you need at any point in time and to fall back on available accounting information where possible.

Centralise your posting journals and create a gateway for all postings

Build a landing zone for your financial information that integrates flawlessly into SAP's S/4 Finance ecosystem and into SAP's Analytics Cloud to create multi-dimensional financial insights. Centralization comprises data, accounting rules and may even include valuation engine capabilities.

Details

Solution type

Extensions and Add-ons

Industry

Banking, Insurance

Compatibility

Works with

This product is compatible with or enhances the functionality of these SAP solutions but doesn't require them.

  • SAP S/4HANA Enterprise Management
  • SAP Analytics Cloud for planning

Features

Accounting Framework to Guide the Delivery

There are few central attributes whose interplay needs to be understood to make educated decisions on how the implementation steps of a posting gateway should be defined. Our framework matrix helps organizing all options around this topic and minimizes the risk of missing out on something.

Our packaged solution comes with a clear delivery approach to accelerate and safeguard the implementation

Pre-Documented Data Requirements

All data structures that need to be fed to and maintained by the posting gateway come pre-designed and pre-configured and are based on our long lasting delivery experience. All structures can certainly be adapted at any time to include customer specifics.

Data definition sheets for the 8 product groups in scope allow for a jumpstart of the implementation project and into the data delivery discussions

Pre-Documented Posting Templates

The rule sets to derive subledger De/Cr postings from out of financial information (e.g. master data or classifications) ship with our Packaged Solution and it only leaves to set up the GL account derivations that fit custom charts of accounts.

The FPSL data model is enhanced to readily support the built-in processes of the packaged solution

Ready-to-Use Workshop Material

SAP subledger applications introduce a well defined process step model. Our workshops explain the meaning and reasoning of each step and stimulate just the right discussions to agree on how things need to be implemented.

Accounting Definition Sheets define the posting patterns in FPSL and can be enhanced according to the implementation backlog of the customer

An Iterative Solution Delivery Approach

Our baseline implementation creates a usable Financial Subledger within the first few weeks of the project. Based on the findings of our workshops we add ever more custom specifics to fit all formulated requirements. We thereby always expect requirements to change and explicitely welcome this.

A clear path from system setup to go-live, based on best practices and lessons learned of more than 20 years implementation experience

Plans and pricing

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  • Functional and technical assessment of actual requirements, resulting in high-level target architecture and detailed effort estimation.

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  • Packaged Solution to kick start and ease your transformation journey towards a SAP subledger for your financial instruments

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Customer reviews

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Technical Information

Technical details

Solution type Extensions and Add-ons
Category Accounting and Financial Close
Industry Banking, Insurance
Works with
  • SAP S/4HANA Enterprise Management
  • SAP Analytics Cloud for planning

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Publisher

EY ifb SE

EY ifb SE is gold partner of SAP in the financial services sector, focusing in particular on SAP industry solutions for banks and insurance companies, such as applications for general ledger and subledger accounting, risk and performance management, planning and simulation as well as consolidation.

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