SAP Financial Consolidation

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 analysing 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

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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 customisable 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

Optimise 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.

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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.

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Support

Get the support you need to 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.

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Security and Compliance

Focus on your business and customer relationships, while knowing that your data is safe and reliable. With a proactive, predictive approach, SAP helps ensure compliance and data security in the cloud and within an on-premise data centre.

Learn about security at SAP