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SAP Financial Consolidation

Speed the close-to-disclose process while handling many currencies and evolving accounting standards such as IFRS and GAAP.

Go from financial close to disclose quickly without sacrificing control

Streamline compliance to meet management goals and global regulations, so you can spend less time on reporting and more time on analyzing the reasons behind financial events.

Empower your finance team to unify legal and management reporting, prepare regulatory findings, simplify compliance, and accelerate the entire financial close-to-disclose process with the SAP Financial Consolidation application.

  • On-premise deployment
  • Full compliance with IFRS and local GAAP requirements, including XBRL
  • Stronger investor relations through transparent data and audit trails
  • Real-time reporting on consolidated data with SAP HANA

Key Benefits

Enable finance leaders to close their books faster

Automate your consolidation process through financial intelligence, data accuracy, audit trails, and single and parallel processing.

Bring results that instill stakeholder confidence

Control data along each step of the financial consolidation process with a fully traceable audit trail and without compromising performance.

Perform real-time consolidated reporting

Unleash the full power of real-time analytics on consolidated data by using the in-memory computing capabilities of SAP HANA.

Key Features

Rapid-deployment solutions and starter kits

  • Accelerate and secure your implementation with preconfigured or customizable business content
  • Apply consolidation best practices including full and proportionate equity methods, mergers and acquisitions, and good will
  • Reduce your reliance on IT support

Native connectivity with SAP S/4HANA

  • Extract, transform, and import the SAP S/4HANA Finance solution in one step
  • Connect to a universal table (ACDOCA) in SAP S/4HANA Finance
  • Enhance the user interface with user-centric mapping capabilities that do not require additional IT skills

Financial intelligence for more flexible reporting

  • Manage a variety of alternate consolidation views to safely adapt to evolving financial needs
  • Expand the data model to address requirements in actual costs, planned budget, strategic plan, and analytics capabilities
  • Perform pro-forma analysis of constant financial exchange rates and structure

Real-time analytics for consolidated data

  • Assess up-to-the-minute data with various reporting tools in­cluding Microsoft Excel add-ins and SAP Analytics Cloud
  • Push consolidated financial statements natively to the SAP Disclosure Management application for regulatory reporting

Technical Information

This product is deployed on premise, and system and software requirements vary by specific customer scenarios.

Installation and setup

Follow the setup instructions so you can start running your SAP software quickly and confidently.

Configuration

Optimize configuration of SAP Financial Consolidation with our comprehensive configuration guide.

Integration

Find out how you can seamlessly integrate SAP Financial Consolidation with your existing IT landscape.

Pricing and Packaging

Deployed on premise, SAP Financial Consolidation requires a perpetual license and allows you to license and pay for only the functionality and number of users you need.

Get Started

Jump-start your implementation and drive ROI by collaborating with industry experts, consultants, and support engineers throughout your journey.

Services

Transform your business quickly and effectively by taking advantage of our holistic service and support plans, expert consulting services, custom application development, proven best practices, and deep industry and technical knowledge.

Support

Help keep your SAP solutions running at peak performance with our IT experts and support services, including long-term plans, embedded teams, remote technology support, self-service portal, and innovation strategies.

Security and compliance

Focus on your business and customer relationships. SAP maintains data center, privacy, and product security standards.

Questions? Get in touch!

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