Financial Management Blog Posts by SAP
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PeteG
Associate
Associate
389

We are happy to announce the availability of the SAP Cloud ERP Private, financial closing add-on to better help customers achieve ‘peak performance’ of their financial closing process.  The add-on also demonstrates the power and the flexibility of our partner ecosystem because the package includes SAP Account Substantiation and Automation by BlackLine, financial review option.  

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This add-on has the following benefits for customers executing a financial close:

  • Run closing activities continuously on granular financial data before period-end for faster automated financial close
  • Ensure data consistency and integration including a ​complete audit trail
  • Eliminate inaccurate and repetitive intercompany closing processes with transactional-level intercompany matching and reconciliation​
  • Facilitating unparalleled automation between accounting and corporate close
  • Import financial and non-financial data from multiple sources easily
  • Orchestrate and accelerate closing execution with collaboration workflows and full documentation to enable compliance
  • Proactively analyze your financial statements with document variance commentary and account sign-off

Please see the Accounting and Financial Close | SAP Financial Management page for more product details and success stories.