Financial Management Blogs by Members
Dive into a treasure trove of SAP financial management wisdom shared by a vibrant community of bloggers. Submit a blog post of your own to share knowledge.
cancel
Showing results for 
Search instead for 
Did you mean: 
TonyM
Explorer
SAP has come up with the new Consolidation solution Group reporting for the release of S/4HANA On-premise 1809 solution.  This product has the following characteristics

  • Consolidation solution embedded within SAP S/4HANA (on-premise and single- or multi-tenant cloud)

  • Supports complete flow of collection, processing, analysis, publication

  • Data categories and reporting cycles with varying levels of detail for plan, actual, simulation

  • Modern API‘s to flexibly ingest data from any source and feed adjacent systems


 

What Comprises of this solution is described below



Courtesy SAP SE

The below has the additional features



Courtesy SAP SE

 

What are the advantages of real-time access?

Data Quality

  • Postings can be checked continuously against central validation rules

  • Shared Master Data and Rules for local and group closing


Speed

  • Necessary adjustments can be done locally and results are provided immediately for consolidation

  • Certain consolidation steps can be performed before the consolidation (e.g. currency translation)


Transparency

  • Fully enabled Drill-through from consolidation to the line-items of the entity (instead of transformation in multiple systems) „Single Source of Truth“

  • Consolidation with free-of-choice fields of the source system


Instant Data Insight for Group Reporting
Embedded analytics for operational accounting and consolidation



Courtesy SAP SE
1 Comment
Top kudoed authors