SAP’s universal journal is one of the greatest innovations in finance.
In this video Rutvij Desai, Practice Lead in Finance at NIMBL, explains how S/4HANA’s robust digital core adds agility and flexibility to the modern FP&A functionality by providing reporting and accelerating the pace for month-end and year-end closings.
SAP’s S/4HANA suite provides:
- Up to 10 currencies for managing, checking and monitoring balances and line items
- Unified reporting around accounts payables, accounts receivables, general ledger, asset accounting segments, and group reporting
- Simulations to predict future cash flow and future accounts receivables
Business process owners and CFO’s can utilize S/4HANA to manage cash flow, monitor balances and handle business processes in a much more effective manner.
Implementing S/4HANA can enable business transformation, real-time business value and business empowerment. Our experienced S/4HANA team has constructed a templatized and rapid implementation approach to successfully deploy S/4HANA.