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Accounting, Financial Close and Tax Management

Streamline reconciliation and consolidation processes and enable compliant reporting.

An Entirely Different SAPPHIRE NOW

SAPPHIRE NOW Reimagined is inspirational, insightful, and delivers how-to learning… all through a digital experience.

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Keep business moving

Learn what SAP is doing to help employees and businesses in this time of global disruption.

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How accounting can rise in uncertain times

Join finance specialists to hear their perspective on the new normal.

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Run efficient and compliant accounting and financial close operations

Automate workflows to support faster, leaner accounting processes while helping ensure you fulfill regulatory requirements.

Solve all your accounting and financial close needs with SAP

Deploy next-generation finance for the Digital Age

Implement SAP S/4HANA for central finance foundation, without disrupting existing systems, and adopt capabilities for financial reconciliation and the preparation of financial statements.

Gain speed and transparency with unified group reporting

Enhance group-level financial reporting by using unified consolidation to combine local and group closing, resulting in substantial gains in speed, accuracy, and group-wide transparency.  

Execute and analyse regulatory obligations

See how SAP S/4HANA for advanced compliance reporting helps you centrally manage the statutory process, including adjustments, corrections, and submissions.

Choose your SAP software for accounting and financial close

Real-time accounting and financial processes

Achieve a faster, more compliant financial close by enabling one common view of accounting and financial data to improve enterprise-wide consistency and gain live business insights.

Accelerated complex closing cycles

Automate complex closing processes, simplify auditing activities, and comply with financial reporting and regulatory standards by enabling accounting teams to work together in one intuitive user interface.

Automated tax compliance checks

Improve the accuracy of your tax data by applying automated compliance checks to large transaction volumes and automatically triggering remediations. 

Account substantiation and automation

Standardise and streamline financial closing; support continuous accounting practices in the cloud; and enhance key steps to increase efficiency, productivity, and data integrity.

Intercompany financial processes

Centralise and streamline intercompany transactions and subledger details in a global hub to unify intercompany processes, data, and people and extend ERP solutions with capabilities like intercompany reconciliation, netting, and settlement.

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Picture of Elizabeth Milne, who writes about how SAP and Blackline have partnered on financial closing solutions
Elizabeth Milne
Accounting and Financial Close Expert,
SAP

Supporting end-to-end financial close processes

Find out how SAP’s partnership with BlackLine is helping deliver a comprehensive solution for financial closing.

Picture of Elizabeth Milne, who writes about how solutions from SAP and Blackline are transforming balance sheet substantiation
Elizabeth Milne
Accounting and Financial Close Expert,
SAP

Transforming the balance sheet substantiation process

See how SAP solution extensions by BlackLine complement ERP to enable standardisation and automation in financial close processes.

Picture of Elizabeth Milne, who writes about SAP Substantiation and Automation
Elizabeth Milne
Accounting and Financial Close Expert,
SAP

Streamlining and automating core close tasks

Learn how SAP Account Substantiation and Automation automates tasks, such as balance sheet substantiation and journal entries.

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