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.
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.
Explore accounting and financial close solutions from SAP
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.
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.
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.
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.