SAP S / 4HANA Finance is regarded as a technological driver of financial transformation and digitization.
The "next generation" of SAP financial solution is the central point for all financial and operating data of a company and enables all areas of accounting, of the Planning and administration via budgeting, forecasting and accounting, treasury and cash management up to audit management to make necessary business decisions in a timely manner.
S/4HANA Finance Components
Financial accounting and cost accounting merge into a centralized single-entry system with an integrated journal entry (Universal Journal)
Process optimization by reducing the complexity of the data (no intermediate tables for aggregates) and all data of the main and sub-ledgers are in one central table
Logical, customizable user interfaces with SAP Fiori interfaces, access to planning, forecasting, and predictive analytics tools
The introduction can be made flexible.
Deployment Options: SAP S / 4HANA Finance can be used on premise, in the cloud, or in a central Deployment (Central Finance).