Achieve a faster, more compliant financial close and streamline accounting processes – with SAP
Close the books quickly and accurately – and simplify financial reconciliation – with accounting and financial close software from SAP. Our solutions can help you consolidate financial accounting data, no matter how disparate, and gain a single source of financial truth. Get real-time insight into your financial close process, drill into details to quickly resolve delays – and create statements and disclosures that comply with financial reporting standards such as IFRS, U.S. GAAP, and others.
Learn how Siam City, a leading cement company in Korea, was able to cut their month-end closing by half with SAP S/4HANA Finance. Additionally, SAP S/4HANA is helping the company keep up with customer demand by better understanding its customer data.
As a growth company in a competitive market environment, Airbus needs real-time visibility into company data. Learn how the company uses SAP ERP, and plans to migrate to SAP S/4HANA, to accelerate reporting and digitize finance processes. Sales forecasts, key metrics, and project cash flows are now available instantly, in real time, facilitating more efficient decision making and planning.
To compete on a global scale, Boryung required a simplified IT architecture and real-time analysis to drive critical decisions. Boryung turned to SAP S/4HANA Finance as a foundation for its transformation. Learn how Boryung was able to implement quickly to realise a quick time to value—such as reducing days sales outstanding by 10 days.
With SAP S/4HANA Finance (previously known as SAP Simple Finance) Türk Telekom was able to consolidate financial data and standardise business and regulatory reporting. The SAP Fiori user experience provides group CFO’s with on-the-go access to management data, helping the company to further strengthen its position in Turkey.
Reimagine financial accounting and closing processes for the digital age with SAP S/4HANA Finance. The software uses in-memory technology to help you close the books faster, improve compliance and control, and reduce workloads and costs.
Increase the reliability, transparency, and speed of financial consolidation reporting
Combine legal and management consolidation and reporting capabilities in one tool – to get one version of the truth that accelerates your corporate close, cuts costs, and prevents the merger of multiple reports.
Support various currencies and global reporting standards
Automate the close process to reduce common errors
Analyse information in record time
Learn more about products that support this capability:
Process management and technology are two key interdependent elements of a fast, clean, error-free financial close. Learn how you can streamline financial close through continuous business review and improvement of both elements so your finance professionals can focus on more strategic work and decision making.
Go live with SAP financial close and accounting functionality in a few short weeks – with our rapid-deployment solutions. These preconfigured software and service packages can help you accelerate the month-end close process, improve account reconciliation, comply with financial reporting standards, and more.
Get the support you need to efficiently implement and operate your SAP solutions – and take advantage of new technologies. We offer a range of support services, from foundation level to strategic engagement and co-innovation.
The digital economy is having a profound impact on SAP customers and requires a new level of orchestration to evolve your business, unleash full business value, and ensure business continuity. SAP Digital Business Services brings business and IT together to help you reimagine your business using our digital business framework.
Based on over 40 years of experience working with the world’s most progressive organisations and a robust partner ecosystem, SAP Digital Business Services can guide you on the path to innovation and digital transformation, while securing critical business processes.