S/4HANA Financial Consolidation

Improve data quality and accelerate
financial close processes

Unify financial close processes and eliminate the need for multiple systems by drilling down from consolidated reports to see document detail in the general ledger.

  • On-premise, cloud, or hybrid deployment
  • Unified entity and group close reporting
  • Continuous accounting functionality
  • Advanced group consolidation features

Key Benefits

Provide real-time data access

Consolidate planned and actual data in real time, both before and after closing. Necessary adjustments can be made locally and results provided immediately.

Accelerate the financial close process

Combine financial, managerial, and operational data into a single repository and accelerate performance with real-time processes and analytics.

Unify consolidation and transactional activities

Manage consolidation with a unified environment, reduce data movements, and eliminate time-consuming reconciliation processes and analysis of inconsistencies.

Key Features

Unified entity and group close reporting

  • Access a single source of truth for local operational and group-level data
  • Drill down from consolidated reports to transactional data
  • Integrate with SAP S/4HANA for central finance foundation

Continuous accounting

  • Identify and correct issues pre-close
  • Distribute workloads continuously and evenly over the accounting period
  • Achieve real-time performance monitoring

Advanced group consolidation features

  • Enable finance team collaboration across embedded intercompany reconciliation processes
  • Support inter- and intra-segment elimination with innovative reporting functionality
  • Use flexible user-defined validation rules and drill down to context information and underlying journals