With a growing complexity in business leading to heterogeneous IT landscapes, process harmonization and consolidated management reporting have become a challenge for many companies. Multiple finance systems and release levels, many charts of accounts, decentral master data and local business rules are the rule rather than the exception. Integrating acquisitions adds to this complexity.
SAP S/4HANA Finance offers new agile ways to get finance insights, and overcomes static analysis restricted by traditional boundaries. How do you best start to leverage those innovations for your company? This is where Central Finance can offer compelling answers: Central Finance allows companies to continue business without disruptions and at the same time achieve process harmonization and consolidated management reporting in consumable steps. Building on the paradigm of a “single source of truth” in accounting, the management of exposures and in planning, Central Finance is a key enabler for the adoption of Simple Finance.
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