S/4HANA Finance: Finance becomes "realtime" process partner!

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).

before you start: important preparations:
New ERP technologies are an essential element of digital transformation and a prerequisite for central future technologies. But it is not enough with the S / 4 Business Suite alone. In many companies we still find a heterogeneous process and system landscape. Without process reengineering and standardization of master data and value flows, the investments made in ERP technologies alone will not contribute to the successful implementation of the company's digitization strategy. The introduction of SAP S / 4HANA brings some significant changes. Companies should therefore be well prepared for the change. There are a number of preparatory activities that can already be implemented in legacy SAP systems, regardless of the time of the SAP S / 4HANA implementation, in order to facilitate the subsequent changeover. In the field of finance, these are: - conversion to the new general ledger (NEW GL) - conversion to the new asset accounting as well - Introduction of business partners. The introduction of business partners should also be used to clean up and harmonize existing master data, such as customers, vendors, customers or suppliers. Brownfield migration requires Unicode and ERP 6.0 EHP7. Corresponding upgrades can already be made now. In the area of ​​RICEFs4, corresponding analyzes on SAP S / 4HANA capability can be performed.
What we can do for you: Our service packages
As part of our fixed-price offer, we offer you our professional services to prepare and check the conditions for your transition to S / 4 HANA. In addition, it is also about approaches to solving your most unresolved problems. LIMESSO has supported corporate clients since 2006 in the field of SAP finance. We have implemented solutions such as the new general ledger, FSCM, business partner concept and CRM as part of ramp-ups and know the "best practice" for implementation in your system or your SAP landscape. Contact us - we are happy to inform you about our service packages.

further solution packages:

we create your S/4HANA Business Case
S/4HANA Finance: Many new functions and simple possibilities so far to implement what has been developed in the standard. But many customers have invested a lot of time and money in sophisticated solutions based on SAP ERP. Is a change really worthwhile? Together with you, we will analyze your baseline scenario and together calculate the benefits that come with each specific cost. This will make you fit for your investment decision. Contact us and let us start!
S/4HANA Finance strategy and transformation approach
What benefits does a transition to SAP HANA or SAP S/4HANA have for the company? You have decided to go for the next generation SAP Suite and are wondering whether a change to SAP S/4HANA Finance pays off or whether you should better use the usual SAP financials. Together with you, we will gladly work out a decision basis.

Your Contact

  • John Harmath
    Managing Partner
    Solution Expert
    SAP Finance
  • +49 69 9001 2983
  • john.harmath@limesso.com

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